I’m a hockey fan and my team, the Pittsburgh penguins, are circling the drain and as usual, the fans are calling for the coach to be fired. If I remember correctly his contract doesn’t expire until 2028, so in my head he can’t leave until that’s not an option. How does he actually get fired if they were to do that? Is it as simple as telling him to pack his desk up and leave? Or is there negotiations with lawyers?
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For amounts this large and with contracts, there are always negotiations. Pretty much every employment contract will have clauses about termination. It depends on the initial negotiating position during contract negotiations but it is fairly typical to have things like non-performance, etc. Some even have “moral” clauses like bringing disrepute, or conduct unbecoming etc etc.
Most of the time, if the team wants to dismiss someone under contract, they negotiate some kind of settlement. Few people want to work in an organization that no longer has faith in them. In terms of hard bargaining, the team can say “we’re going to drag your name in the mud” but we won’t do this if you accept $xxx and leave today. The other party can also make the same threat eg “this will ruin your reputation” and ask for more.
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