Posted by Tom Fornelli
Who knew getting fired could be so lucrative?
While most of the talk coming out of Colorado these days has been centered on who the next head coach would be in Boulder, the school still had some business to attend to when it came to the coach it just fired. You see, when Dan Hawkins was fired earlier this season, he was fired with two years remaining on his contract, and there was that whole issue of how much money he still had coming to deal with.
Turns out that getting fired as head coach at Colorado comes with a lovely $2.1 million severance package.
Yes, that's right, Dan Hawkins' reward for going 19-39 without a single winning season in five years is $2.1 million or $110,526 per victory.
Still, this does save Colorado $700,000 as it would have owed Hawkins another $2.8 million had he actually been around to see the contract to its end. That's $700,000 that could go to Colorado's next coach, and you have to think that after seeing Hawkins get $2 million to be fired, Jon Embree is a lot closer to accepting that offer right about now.