Again, ONE BILLION DOLLARS, for nothing. With that backdrop, anyone worrying about "saving" $3 million for another year of the face of the university suffering incompetence at this level is as grossly negligent as Manning himself and should be thrown out the door along with him.
And furthermore, you fire Manning and don't pay him dick, regardless of what his contract says his buyout should be. Fire the motherfucker for said gross negligence and make him come try to get the money by proving that he is actually owed and deserves it.
Good grief. Universities don't use their endowment or money raised to fund the operations of the University, to buy out coaches. The $1B is irrelevant.
And, he doesn't have to prove he "deserves" it - we contractually agreed to pay it to him. Unless there are measurable things in the contract that we can point to as having not been met, which I highly doubt, then we owe the money. If we withheld it he could sue us for the money as well as damages for having wrongfully withheld it.