https://www.usatoday.com/story/spor...y-database-contract-buyout-language/92712348/
Quote from the USA Today article
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Buyout provisions can come with a variety of strings attached. The most common is a duty to make a good-faith effort to find another job, with the income from that job offsetting the amount owed to the coach by the school that fired him.
But even that can get complicated.
► In exchange for continuing to get paid over the remaining term of his contract, Virginia’s Bronco Mendenhall would be required to seek other “gainful employment,” unless this requirement is waived in writing by Virginia’s athletics director. In addition, he would be required to report monthly to Virginia’s athletics director “on any gainful employment or consulting arrangement, and on employment applications and progress in actively seeking other employment.”