Ohio Basketball Topic
Topic: Geno Ford forced to pay $1.2 million to KSU in breach of contract dispute
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Pataskala
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Posted: 10/5/2013 6:28 PM
giacomo wrote:expand_more
There has to be an orgasm at the end of this thread with all the back and forth.

It's pretty simple: There is a clause in all contracts today that prescribe the penalty for leaving early. Geno had such a clause in his contract. I've seen and reviewed several of these. Kent can either elect to enforce or not. They chose to enforce. It can go to court or be settled amicably out of court. This second option appears to have been taken.

Why would the case be without merit? Where is the defamation? Why is Kent small time by enforcing the contract? Let's say Geno was fired without cause with several years left on his deal. Do you think he would walk away? Would that make him small time?

It appears that many of you don't know or understand the seriousness of signing a contract. I've seen people sign things and think "we'll all just get along" when the thing ends. It usually doesn't.

 


Apparently it hasn't been settled.  The story I saw said that Kent could refile if Geno doesn't pay up.  A settlement would keep that from happening. 
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