In Reply to: Re: I disagree. posted by Deplorable on September 01, 2024 at 11:21:48
LA Times
Foster’s buyout comes with a declining percentage of his remaining salary over the remaining years on his contract. For instance, if UCLA was to buy him out after the end of his second season on Dec. 2, 2025, it would owe 60% of his remaining salary in Year 3 and 50% of his remaining salary in Years 4 and 5 — a total of roughly $5.27 million. That buyout figure would drop to $3.35 million if the Bruins were to buy out Foster on Dec. 2, 2026, after the end of his third season.
If Foster were to leave UCLA on or before Dec. 31, 2024, he would have to pay the school $10 million. That figure drops to $7 million if Foster departed on or before Dec. 31, 2025; $5 million if he left on or before Dec. 31, 2026; $2.5 million if he left on or before Dec. 31, 2027; and $1 million if he left on or before Dec. 31, 2028.