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The get-out clause in Seibold's Broncos contract
Michael Chammas
Chief Reporter
Thu 26 Sep 2019, 02:50 PM
Brisbane have a protection mechanism built into Anthony Seibold’s five-year deal to cover the club if things go horribly wrong during the coach's tenure.
NRL.com understands the Broncos, at the time of drawing up the contract, had a performance-based termination clause inserted into Seibold’s deal with an agreed pay-out.
It is understood if the Broncos decided to pull the trigger, the club would not have to pay Seibold the remainder of his deal - but at least 12 months' salary.
The Broncos declined to comment when contacted this week.
There has been plenty of criticism of the Broncos in recent weeks in regards to the decision to sign Seibold for five years - plus an option for a sixth.
While there is no pressure on Seibold to hold on to his job after his first season in charge at the club, that pressure will intensify next season if the Broncos start the year slowly or struggle to make an impact on the competition.
Seibold showed in his first season in charge at South Sydney that he is a capable coach, however the situation he walked into at Brisbane made for a tough opening year for the 44-year-old.
The club is still reeling after the humiliating 58-0 loss to Parramatta in the opening weekend of the finals, with heads set to roll as a result of the embarrassing performance.
The Broncos went through a messy break-up with former coach Wayne Bennett last year to bring Seibold to the club.
While Brisbane have bowed out in the opening week of the finals the past two years, there is a stark contrast in the results over the two years.
In 2018 the Broncos won 15 of their 24 games and, while they finished in sixth, were just two points away from the minor premiers in one of the closest competitions in history.
This year the Broncos won four fewer games and made the finals in eighth position before their annihilation at the hands of Parramatta at Bankwest Stadium less than a fortnight ago.
It has sparked what is likely to be a clean-out, with Seibold to be given total control as he looks to stamp his authority on a roster and set-up he inherited.
Source: https://www.nrl.com/news/2019/09/26/the-get-out-clause-in-seibolds-broncos-contract/
Michael Chammas
Chief Reporter
Thu 26 Sep 2019, 02:50 PM
Brisbane have a protection mechanism built into Anthony Seibold’s five-year deal to cover the club if things go horribly wrong during the coach's tenure.
NRL.com understands the Broncos, at the time of drawing up the contract, had a performance-based termination clause inserted into Seibold’s deal with an agreed pay-out.
It is understood if the Broncos decided to pull the trigger, the club would not have to pay Seibold the remainder of his deal - but at least 12 months' salary.
The Broncos declined to comment when contacted this week.
There has been plenty of criticism of the Broncos in recent weeks in regards to the decision to sign Seibold for five years - plus an option for a sixth.
While there is no pressure on Seibold to hold on to his job after his first season in charge at the club, that pressure will intensify next season if the Broncos start the year slowly or struggle to make an impact on the competition.
Seibold showed in his first season in charge at South Sydney that he is a capable coach, however the situation he walked into at Brisbane made for a tough opening year for the 44-year-old.
The club is still reeling after the humiliating 58-0 loss to Parramatta in the opening weekend of the finals, with heads set to roll as a result of the embarrassing performance.
The Broncos went through a messy break-up with former coach Wayne Bennett last year to bring Seibold to the club.
While Brisbane have bowed out in the opening week of the finals the past two years, there is a stark contrast in the results over the two years.
In 2018 the Broncos won 15 of their 24 games and, while they finished in sixth, were just two points away from the minor premiers in one of the closest competitions in history.
This year the Broncos won four fewer games and made the finals in eighth position before their annihilation at the hands of Parramatta at Bankwest Stadium less than a fortnight ago.
It has sparked what is likely to be a clean-out, with Seibold to be given total control as he looks to stamp his authority on a roster and set-up he inherited.
Source: https://www.nrl.com/news/2019/09/26/the-get-out-clause-in-seibolds-broncos-contract/
