What Is Scott Satterfield’s Buyout if Fired By Louisville?

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Louisville head coach Scott Satterfield watches from the sideline during the first half of an NCAA college football game against Central Florida on Friday, Sept. 9, 2022, in Orlando, Fla. (AP Photo/Phelan M. Ebenhack)
(AP Photo/Phelan M. Ebenhack)
Andrew Doughty @DoughtyBetMGM Oct 02, 2022, 1:02 PM
  • Scott Satterfield replaced Bobby Petrino in late 2019.
  • Heโ€™s in his fourth season as head coach.
  • Satterfield is below .500 in ACC games.

When Scott Satterfield interviewed for the South Carolina vacancy in late 2020, he didnโ€™t tell Louisville athletics director Vince Tyra, made a stupid justification for doing so, and, according to him, lost the trust and support of Louisville football season ticket-holders.

Satterfield, presumably, hasnโ€™t earned back the trust and support of fans with the Cardinalsโ€™ on-field performance since the South Carolina debacle two years ago. After losing to Boston College in Week 5, he’s just 20-22 overall and 12-17 in ACC games as head coach.

And Satterfield is probably on the college football hot seat this season.

What Is Scott Satterfieldโ€™s Contract?

Scott Satterfield signed a six-year contract in December 2018 after spending the previous seven seasons as App State head coach. The contract runs through Dec. 31, 2024.

He has a guaranteed annual combined base and media salary of $3.25 million, not including athletic or academic bonuses.

What Is Scott Satterfieldโ€™s Buyout?

If fired without cause before the contract ends on Dec. 31, 2024, Scott Satterfield is owed a buyout equal to 75% of the remaining value.

For simplicityโ€™s sake, if Satterfield is fired on Dec. 31, 2022, five weeks after Louisvilleโ€™s regular-season finale at Kentucky, heโ€™d be owed approximately $4.875 million, i.e., 75% of $6.5 million.ย 

The buyout amount can be lowered if Satterfield obtains employment during the period for which the Cardinals are paying him.

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About the Author

Andrew Doughty

Read More @DoughtyBetMGM

Andrew Doughty is the Web Content Lead for BetMGM. A graduate of the University of Kansas, he previously wrote for Sports Illustrated and HERO Sports.

Andrew Doughty is the Web Content Lead for BetMGM. A graduate of the University of Kansas, he previously wrote for Sports Illustrated and HERO Sports.