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Couple of Lanning Contract tidbits

Scott Reed

Duck Hall of Famer
Staff
Mar 17, 2003
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- His buyout is $14 million before January 31, 2023.
- Drops to $10 million before Jan 31, 2024
- After that it is $7mil, $3mil, $2mil, $1mil (2025, 2026,2027,2028) respectively.
- If Oregon terms him they will owe 70% of remaining guaranteed salary. Required to seek comparable employment and mitigate in that circumstance.
- Contract starts at $4.6 million and increases by $100K in each year of the contract with $5.1 million in final year of 6 year deal
- Bad news? His agent is Jimmy Sexton, so be prepared for regular rumors.
 
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