Much has been thrown around on message boards in the Bluegrass State about Billy Donovan having a buyout clause in his contract and a specific exemption for Kentucky.
This is wrong on two accounts. There is no specific buyout clause in Donovan’s contract. In fact, the word Kentucky isn’t even mentioned in the 31-page document.
Donovan received a $300,000 loyalty bonus at the end of the regular season. Under terms of his contract, he would have to pay $200,000 of the bonus back within 30 days if he was to leave for another program.
That sum could would easily be erased by the performance bonuses he’s made this postseason. Donovan has already earned a $100,000 bonus for reaching the Final Four and would earn an additional $50,000 for winning the national title.