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Mark Stoops agreed to restructured buyout with Kentucky

Related Topics: Mark Stoops, Kentucky, Buyout

Mark Stoops has been fired at Kentucky, but the divorce will not totally crush the school financially — not immediately, anyway. His $38 million was a major sticking point in firing conversations, obviously, but the biggest was the fact that it all had to be paid out within 60 days of his termination.

That is no longer the case, according to On3’s Chris Low.

Rather than the lump-sum payout, Stoops was reportedly willing to play ball with Kentucky, spreading the money out over the course of several years. It may have been the only path to a breakup, and fortunately for all parties involved, that became the reality.