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http://sports.espn.go.com/nfl/news/story?id=3795922

 

 

 

Tuna fishing? Parcells has opt-out clause

ESPN.com news services

 

Updated: December 28, 2008, 2:48 PM ET

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Will Bill Parcells become a free agent -- again?

 

 

[+] EnlargeSteve Mitchell/US Presswire

 

Bill Parcells' contract with the Dolphins allows him to leave the team if owner Wayne Huizenga sells his majority share.

It's a possibility, hinging on whether Miami Dolphins owner Wayne Huizenga's sale of his majority ownership of the team goes through, sources told ESPN senior NFL analyst Chris Mortensen.

 

When Parcells joined the Dolphins as executive vice president of football operations last year, his deal included a onetime out clause that would allow him to walk away, with the rest of his $12 million guaranteed contract fully paid, no strings attached, if Huizenga were to sell the team.

 

Earlier this year, Huizenga agreed to sell 95 percent of the Dolphins to New York developer and team part-owner Stephen Ross. Huizenga hopes to close on the deal by early January to ensure that the capital gains taxes on the sale remain at 15 percent before President-elect Barack Obama takes the oath of office Jan. 20, Mortensen reported.

 

Parcells' contract specifically states only Huizenga can be in authority over him. Once Ross officially becomes majority owner, Parcells has to notify Ross within 30 days that he intends to exercise his walk-away clause and collect the full balance of $9 million, Mortensen reported.

 

At that time, Parcells would be a free agent. And any team that wants his services would not owe compensation to the Dolphins, according to the report.

 

Among the teams sources say are on Parcells' radar are the New York Jets, Detroit Lions, Cleveland Browns and the Oakland Raiders. However, if Parcells' son-in-law, New England Patriots vice president Scott Pioli, is interested in any of those jobs, Parcells is unlikely to wind up with that team, Mortensen reported.

 

Parcells could negotiate with Ross to extend his opt-out clause by one year. But as presently written, the clause doesn't extend after one season, according to the report.

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We have a better shot getting Vince Lombardi as our next head coach than we do landing the Tuna. :)

 

Bahhh come on mz the pussy we can at least think about it..;)

 

Cowher

Marty

Pioli

Big tuna

 

These are all guys that could turn this club around but i dont see any of them leaving their current jobs or lifestyle to help this team out it would be extremely impressive to me if lerner could coax any of them to cleveland...

 

But we should be prepared to take it in the rear for 4 more years cuz all we are going to get is more of the same some unmentored systemless bright genuis coordinator and some desperate power hungry reject gm to ruin the bright coordinators career...

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