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Group of 5🛡️ Vulnerable Stability (2/5)

Tim Albin

Head Football Coach • Charlotte (49ers)

Current Buyout Owed (Today)
$2,041,667
38 months remaining (1157 days)
Annual Salary
$900,000
Base + Supplemental Talent
Contract Expires
2029-12-31
Hired: 2024-12-08
Coach Leaves Buyout
$1,000,000
Owed if leaving for NFL / Rival
Daily Amortization
$2,094
Buyout drops each day
University Firing Coach (Without Cause)

School Owes Coach: $2,041,667

Contract buyout as tracked by USA Today Sports: $2,041,667.

Payment Structure:Annual Installments
Duty to Mitigate (Offsets):No (Guaranteed regardless of new job)
Total Remaining Unearned Salary:$2,850,924
Coach Departs Voluntarily (Poaching Clause)

Coach / Hiring School Owes: $1,000,000

If Tim Albin accepts a position as head coach with another collegiate program or an NFL franchise prior to 2029-12-31, he or his new employer is legally bound to pay this liquidated departure penalty.

Departure Fee:$1,000,000
School Retention Leverage:Standard College Buyout
Coaching Stance & Contractual Security

Job Stability vs. The Hot Seat

How Our Two-Axis Model Works
0/5 Votes

Pending Fan Consensus

Tension Rating: Stability (2/5) • Hot Seat (Pending)

Contract Job Stability is rated Vulnerable Stability. Awaiting 5 more community vote(s) to officially establish the Hot Seat alignment.

Contract Job Stability
Level 2 / 5
Vulnerable Stability
Accessible Buyout Hurdle • $2,041,667 Buyout Firewall

Modest buyout relative to athletic revenues; university holds substantial financial leverage.

Contract Safeguard: Contract buyout as tracked by USA Today Sports: $2,041,667.
Mitigation Duty: None (fully guaranteed sum)
The Hot Seat (Community Consensus)
Consensus Building
Consensus Building0 / 5 Votes

Hot Seat score requires at least 5 votes to show, only 0 votes cast so far.

5 more votes needed to unlock public heat score. Cast your vote below!

National Championships: 0
Conference Titles: 0

Interactive Amortization Simulator for Tim Albin

Interactive Financial Modeler

Simulate Termination Date & Buyout Cost

See how contract amortization, date milestones, and mitigation clauses reduce buyout liability over time.

CH
Tim AlbinVulnerable Stability
Charlotte • Group of 5 • Contract thru 2029-12-31
Annual Salary
$900,000
Current Buyout (Today)
$2,041,667
Selected Date: 2026-10-31 (1157 days remaining on contract)
Or pick any exact date:
Buyout Owed on 2026-10-31
$2,041,667
Official USA Today Verified Buyout
Savings by Delaying to This Date
$0
Natural amortization saves $2,094 / day
If Coach Leaves Voluntarily
$1,000,000
Amount coach / hiring team owes Charlotte

Duty to Mitigate (New Job Offset Analysis)

No Mitigation Required (Full Guarantee)
Important: Tim Albin's contract does not mandate an affirmative duty to mitigate. Even if he takes another job paying millions tomorrow, Charlotte is legally obligated to continue paying the full buyout amount with zero offset!

Contract Calculation Formula:

USA Today FOIA benchmark: $2,041,667. Audit confirms alignment with October 2025 authoritative raw baseline. Proposed changes were null/no-change, so original database values are maintained.

💡 By waiting 6 months, natural salary amortization reduces buyout liability by ~$383K.

Key Contractual Stipulations
  • •Multi-year term through December 2029
  • •Standard termination buyout provisions
  • •Performance-based bonus structure included

Audit confirms alignment with October 2025 authoritative raw baseline. Proposed changes were null/no-change, so original database values are maintained.

Source & Public Records Citations

Verified Public & News Reference Sources (1):

Charlotte Head Coach Contract TermsCharlotte Athletics Official Records • 2026-10-08
View Source

FOIA Verified: As an arm of state government, Charlotte releases employment agreements and board-approved amendments under public records legislation.