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Husky Men's Basketball

The latest news and analysis on Husky men's hoops.

August 3, 2007 at 3:11 PM

More on Romar contract

One thing we didn’t pass along yesterday in writing about Lorenzo Romar’s new contract was his buyout. That information was released today, so here it is:
If UW terminates Romar at any point during the life of the contract, he receives $700,000 for every year remaining on the contract, plus all deferred compensation.
If Romar leaves UW before the end of the deal, it’s a little trickier. He would have had to pay $600,000 plus forfeiting all deferred income if he left during the first year, which has already passed.
In the second year, it’s $500,000 plus all deferred money; the third year it’s $400,000 plus deferred money.
For the fourth through 10th years, it’s an amount equal to the base salary at the time of termination plus all deferred income.
If he leaves for a Pac-10 school, UW would receive $1 million (in lieu of, not in addition to the scale above).
All in all, it seems to be weighted a little in Romar’s advantage, yet another sign that this contract appears to give him a boatload of security at UW.

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