Money not settled after Jon Gruden’s Raiders exit – .

Money not settled after Jon Gruden’s Raiders exit – .

Amid the pomp and splendor of Jon Gruden’s press conference upon his return to the Raiders in 2018, the jaw-dropping mega-deal was never far from the scene. On a chair, team owner Mark Davis sat in a silver gray striped suit, emotionally exhaling that his dream was coming true. Beside him, a beaming Gruden sat with a black and silver tie, thanking Davis from the bottom of his heart.
The link spoken between them was a shared vision of the future. The unspoken connection, the one that rocked the entire NFL, was the 10-year, $ 100 million contract delivered to Gruden to guide that vision.

“Raider Nation is a big deal,” Davis said that day.

“If I can’t do it, I’m not going to take their money,” Gruden later told USA Today.

Well, here we are almost four years later. Mark Davis’ dream has come true and now a nightmare. And Gruden’s heart has nothing to offer these days but an apology for the offended. But the bond of that Raider For Life contract still holds with the franchise, even when the team is figuratively ablaze and the bond between the team owner and the coach has been severed.

Somewhere in all of this Davis still owes Gruden a lot of guaranteed money for the remaining six years of his contract. This is despite Gruden’s resignation last week amid a storm of controversy over the racial, anti-gay and misogynistic emails he exchanged with former Washington football team leader Bruce Allen. How much money exactly is a matter of debate.

In happier times, Jon Gruden and Raiders owner Mark Davis share a moment in 2018, the year the Silver and Black rehired Gruden to lead the team as head coach. (Thearon W. Henderson / Getty Images)

NFL Network reported on Sunday that Gruden still owes “around $ 40 million over five years of his contract” and that both sides will work on a settlement despite Gruden’s resignation. The implication that Gruden still owed money after his resignation seems to indicate that the resignation was subjected to some form of duress that would ultimately entitle him to a golden parachute.

How much of the $ 40 million Davis is he willing to pay Gruden and how badly does the former coach want to fight for it? A source close to the coach told Yahoo Sports that some of Gruden’s confidants suggested that he explore whether he could have legal grounds to sue the NFL for damages, given that his identity in the emails were eventually leaked by someone with intimate knowledge of the league. investigating the corporate culture of the Washington football team. However, the source added that Gruden and Davis appear to be heading down the path of an out-of-court settlement rather than a punitive legal battle between the two or Gruden and the NFL.

The fact that after just over three seasons on the job, Gruden would only be owed $ 40 million on his alleged $ 100 million contract is strongly suggestive of two things that have surrounded the league’s contract community in 2018: First, that the entirety of Gruden’s $ 100 million contract was not fully guaranteed, which makes it similar to player contracts which are often inflated with voidable or unsecured money; and secondly, Gruden’s deal was likely postponed meaning that, no, he didn’t make $ 60million in his first three seasons and up and then turned into a bargain the rest of the 10-year agreement.

Why does Gruden still owe money if he quits? Legal jargon is called “constructive discharge,” which is the act of resigning under the pressure of dismissal. Essentially, if Davis told Gruden that he would be fired or could resign under duress, that would be considered constructive dismissal. And while Gruden’s legal representation can argue that the Raiders had no grounds to force Gruden’s resignation due to pre-employment emails, Gruden may still be entitled to the guaranteed money that was left over. his contract.

The way it stacked up, that seems to be precisely what happened. And the whole legal argument over the Raiders’ right to fire Gruden for cause depends on what is written in his contract. What really matters is whether Davis wants to pay Gruden this guaranteed money and whether Gruden wants to start a legal fight about it. For now, it looks like both sides are keen to come to a settlement and part ways as quietly as possible rather than making this Davis and Gruden’s second (and far less appealing) show at the center of the stage for the past four years. .

It’s a hell of a place to end up less than four years after exchanging heartfelt gratitude and sharing dreamy visions of where it all would go. It’s also a story about what can happen when a team signs a coach for a 10-year contract with massive amounts of guaranteed money anchored. Davis was right, it was a big deal. Both at the entrance and at the exit.

And while Gruden didn’t do that with the Raiders, there is still money to be taken if he wants to. Another set of chairs awaits the pair, signing one final check before spending the rest of their days figuring out what the two may have cost each other inside that failed reunion.


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