Dave Hakstol’s college contract included $100,000 NHL clause: Report

Apparently former North Dakota, and new Philly, coach Dave Hakstol had an out-clause in his college contract that inlcuded a $100,000 penalty if he took a job in the NHL.

Per the Grand Forks Herald:

When negotiating coach Dave Hakstol’s last contract in 2012, (UND athletic director Brian) Faison put a clause in the contract that specifically outlined a penalty fee if Hakstol left UND for an NHL head coaching position.

The Philadelphia Flyers hired Hakstol to be their head coach last week.

According to Hakstol’s contract, he will owe the school $100,000 for leaving his contract before June 30, 2015, for an NHL head coaching job.

Coaching the Flyers is a much more high profile job than coaching the North Dakota Fighting Sioux. And probably a higher paying gig. Hakstol had the UND head job since 2004-05. 

Great thinking by North Dakota – seriously. Losing Hakstol isn’t great for the hockey program, but at least it got some monetary gain out of it. There’s not much precedence for this, since a coach hasn’t gone from college to the NHL in almost 30 years. So they definitely knew he was a hot name before the Flyers came calling and shocked humanity. 

So let’s say he had to pay his own buyout to work for Ed Snider … smart business decision perhaps? It’ll turn out well if general manager Ron Hextall can get Hakstol some secondary scoring.

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Josh Cooper is an editor for Puck Daddy on Yahoo Sports. Have a tip? Email him at [email protected] or follow him on Twitter! Follow @joshuacooper

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