CHARLESTON, S.C. -- The College of Charleston and former basketball coach Tom Herrion have all but finished a buyout that will pay him $787,000 for the remaining four years of his contract.
The sides began negotiating the settlement last week to end
Herrion's four-year stint with the Cougars.
Wilbur Johnson, an attorney for the university, said Herrion
will be paid $550,000 on June 30. The remainder of the buyout is
due Jan. 1.
Johnson said Tuesday there were some minor issues remaining,
including revenue from Herrion's basketball camps and insurance.
"I'm fairly confident that this is the framework of the
agreement," he said.
Herrion's record at Charleston was 80-38. His first team in
2002-03 went 25-8 and made the NIT. However, the Cougars' victory
totals dropped the past three seasons.