As a follow-up on my previous opinions on the Greg Schiano-Tennessee vols mess (see here, here, here), the executed memorandum of understanding has been released:
Paragraph 4 of the MOU deals with termination without cause by the University. It states that the University of Tennessee may, in its sole discretion, terminate the MOU without cause and provide Schiano 75% of the base pay and supplemental pay as stated in the document. The MOU would have paid Schiano $27.7 million over the span of six years.
Ouch.