- Associated Press - Wednesday, December 10, 2014

KNOXVILLE, Tenn. (AP) - Tennessee coach Butch Jones’ contract extension increases the buyout he would have to pay if he chooses to leave before the end of the next two seasons.

Under terms of the contract addendum released Wednesday, Jones would owe the university $4 million if he chose to leave before March 2016.

He’d owe $3 million if he opted to leave between March 1, 2016, and Feb. 28, 2017. He would owe $2 million if he chose to depart from March 1, 2017, to Feb. 29, 2020.

Jones’ original contract called for him to pay $3 million if he chose to leave before March 2016 and $2 million if he left before March 2019.

Tennessee announced Monday it was extending Jones’ contract through 2020 and increasing his annual pay to $3.6 million.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide