When it comes to ending a business arrangement prior to the date agreed upon in the initial contract, the sudden termination of an agreement could prompt intense contract disputes. Individuals in Florida who encounter such disputes may wish to take all the necessary precautions to protect their business interests and legal rights, but the process can be complex. The former head coach of a leading university’s football program has recently filed a breach of contract lawsuit against the university, claiming it owes him nearly $3 million.
The former coach asserts the incident began when he was fired from his position as head coach in Nov. 2018. He claims that under the terms of his contract, the university would have to pay him $3 million if his position in the program was terminated without cause. However, he asserts that the facility has refused to comply with the terms of the contract and states that it has instead chosen to fabricate allegations of rule violations to avoid having to pay him what he is owed.
Officials within Kansas University’s athletics programs insist that they learned of possible NCAA rule violations while interviewing other coaches at the university. They also assert that the former head coach refused to cooperate with staff members who were conducting the investigation. According to the university, the investigation is now in the hands of the NCAA, and officials also stated that should the former coach be cleared of wrongdoing, he will receive what is owed to him in accordance with the terms of his contract.
The financial ramifications of the sudden termination of a business contract can leave all parties involved preparing to protect their interests through whatever means necessary. Those who encounter breach of contract disputes could choose to prepare for what comes next by obtaining legal counsel early in the process. An attorney in Florida can examine the circumstances a client is facing and assist him or her in pursuing the most favorable outcome achievable through the necessary channels.