Posted by clansing on 4/3/2015 12:38:00 AM (view original):
Confirmed Smart accepts position at Texas.
Yes....here's the rest of the story
VCU sports information director Scott Day confirmed to reporters gathered at the campus Thursday night that Smart was making the move.
Terms of Smart's contract were not immediately released. Barnes made $2.62 million last season. Smart made $1.8 million with the Rams.
At VCU, Smart took over a program that had great success under Jeff Capel and then Anthony Grant. Smart hopes to avoid the pitfalls at Texas that his predecessors encountered when they left to take over programs at universities considered football schools.
Capel lasted five years at Oklahoma before being fired, and Grant spent six at Alabama before he was dismissed.
By leaving before May 1, Smart owes VCU a $500,000 buyout. His contract also contains a provision that if he became a head coach at another institution, that school would have to play VCU in a home-and-home series or pay VCU $250,000.
( I like that clause about the home-and-home series. The mid-major schools should all add that clause to their contracts)