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UT buyouts over past 10 years top $24 million

The $24 million total does not include buyouts for assistant coaching staffs.

In the past 10 years, the University of Tennessee-Knoxville has seen the termination or resignation of two athletic directors, four football or basketball coaches and two chancellors, and buyouts totaling more than $24 million.

While some of those buyouts have been paid off, UT will be paying former head football coach Butch Jones until 2021. Newly-fired Chancellor Beverly Davenport will receive 75 percent of her chancellor's salary for the next four years while she works as a faculty member in the College of Communication.

The $24 million total does not include buyouts for assistant coaching staffs.

Here's a recap of UT's buyouts over the past 10 years:

Former head football coach and current Athletic Director Phillip Fulmer got a $6 million buyout when he was fired in 2008, according to ESPN.

In 2011, men's basketball coach Bruce Pearl walked away with nearly $1 million.

Just a few months later, Athletic Director Mike Hamilton resigned, but was still paid a $1.3 million buyout.

Football coach Derek Dooley was fired in 2012, and UT just finished paying his $5 million buyout last year.

Chancellor Jimmy Cheek resigned in 2016, and now holds a role in the College of Education Health and Human Sciences. He earns $340,650 per year, 75 percent of his chancellor's salary.

Butch Jones was fired as head football coach in November 2017, and will receive an $8.2 million buyout.

Athletic Director John Currie was placed on administrative leave with pay on December 1, 2017, after just eight months on the job. He's receiving a $2.2 million buyout.

On Wednesday, the university announced the firing of Chancellor Beverly Davenport effective July 1. She will become a faculty member of the College of Communication & Information, and will earn $438,750 per year — 75 percent of her chancellor's salary — for the next four years. After four years, Davenport's salary will be adjusted to the average base salary of faculty members in the department.

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