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Report: WVU eyeing buyout for Stewart

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By Pittsburgh The Tribune-Review
Friday, June 10, 2011
 

West Virginia is negotiating a buyout with football coach Bill Stewart, according to a report.

Offensive coordinator and coach-in-waiting Dana Holgorsen would become the Mountaineers' coach in 2011, Sporting News reported Thursday . Specifics weren't provided as to the amount of the potential buyout, but the report indicated the move could be completed by today.

If Holgorsen takes over before the 2012 season, he would receive a prorated salary of $1.4 million for 2011, which is up from the $750,000 he would have made as offensive coordinator. In addition, Holgorsen would make $250,000 more per season in the remaining five years of his six-year deal. By 2016, he would make $2.65 million.

Luck did not return a phone call Thursday and said in a statement released Tuesday that he would not discuss personnel matters. The Tribune-Review was denied an interview request with Holgorsen, Luck and Stewart earlier this week.

According to the Charleston (W.Va.) Daily Mail, Stewart is working off a term sheet that has a $1.125 million buyout — $750,000 of which Stewart received before Jan. 31.

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