Quote:
Originally Posted by CoMoChief
What I'm hearing is that Clark wants to fire Pioli, but the other Hunt family board members won't allow it because it'd cost them too much for the buyout...or more than they're willing to spend I guess...
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Unless there's some kind of goofy rules in the trust, Clark as CEO has the power to hire and fire whoever he wants. I said goofy rules because boards normally only concern themselves with the CEO, moy underlings. Pioli's contract is somewhere around $5M a year. Since he has another year on his contract and the remainder of this year, figure that would cost $6.825M. What will it cost in lost ticket sales next year, concessions and merchandise this year and next?