Weird that Cuonzo Martin doesnt have a buyout.
Misery just doesn't have the right to fire him without cause for the first 3 years. There is a fairly complicated schedule of buyouts and termination requirements.
According to the STL Dispatch:
Starting in his fourth year if MU fires him without cause Martin shall be continued to be paid monthly for the remainder of the contract with reductions for income received by Martin for that contract year to date and from other full-time employment during the remaining terms of the contract.
After the first time Mizzou wins 20 or more games and/or goes to the NCAA Tournament, the university will not have the right to fire Martin without cause until after his fourth year at which the buyout total increases.
If fired during Year 4, between May 1, 2020 and April 30, 2021, Martin receives $6 million.
If fired during Year 5, between May 1, 2021 and April 30, 2022, Martin receives $3 million — unless the team has won 20 games or made the NCAAs. Then the buyout doubles to $6 million.
If fired during Year 6, between May 1, 2022 and April 30, 2023, Martin receives $1 million — unless the team has won 20 games or made the NCAAs. Then the buyout jumps to $3 million. If MU has won 20 games twice or made two NCAAs, the buyout is back to $6 million.
If fired during or after Year 7, between May 1, 2023 and April 30, 2024, Martin receives $300,000 — unless the team has won 20 games or made the NCAAs once. Then the buyout jumps to $1 million. Two 20-win seasons or NCAAs, it’s $3 million. Three 20-win seasons or NCAAs, it’s $3.3 million.
If Martin wants to leave for another job (Not sure what that would be...but I guess you never know. Maybe Purdue one day if Painter gets bored):
If Martin leaves prior to April 30, 2018, he owes $10.5 million.
If Martin leaves between May 1, 2018 and April 30, 2019, he owes $7.5 million.
If Martin leaves between May 1, 2019 and April 30, 2020, he owes $5 million.
If Martin leaves between May 1, 2020 and April 30, 2021, he owes $3 million.
If Martin leaves between May 1, 2021 and April 30, 2022, he owes $1.5 million.
If Martin leaves between May 1, 2022 and April 30, 2023, he owes $500,000.
If Martin leaves between May 1, 2023 and April 30, 2024, he owes $150,000.
If during the first five years of this contract, AD Jim Sterk is terminated by MU, these amounts will be cut in half.