Report: Hakstol to owe North Dakota $100K for opting out of contract

According to the Grand Forks Herald, when North Dakota coach Dave Hakstol took the head coaching job with the Philadelphia Flyers last week, it triggered a clause in his contract that will see him have to pay the university $100,000 for opting out of his deal before June 30, 2015.

The clause was reportedly inserted into Hakstol’s contract by UND athletic director Brian Faison.

The article also sates that if Hakstol was going to a minor league team or taking an assistant coaching job in the NHL, he would have owed $50,000. If he left for another NCAA team, the monies owed would have been $318,270 – his base salary for the 2015-16 season.

Hakstol had three seasons left on his contract with UND after completing the third season of a six-year contract this past year.

5 COMMENTS

  1. Why is this a story? Has he not paid this? Has he refused to pay this? Did he take a pencil when he cleared out his office at the Ralph?

    • It’s interesting. UND extracted a hundred grand from the NHL. I’m sure Hakstol had no problem with the clause, knowing full well that if he left for an NHL job whichever team hired him would have to pony up the cash to his alma mater. Pretty smooth.

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