Texas A&M preparing to sue Alabama assistant Jeff Banks
Texas A&M University is planning to proceed with ligation against Alabama special teams coordinator and tight ends coach Jeff Banks for breach of contract.
The Texas A&M System Board of Regents is scheduled to meet Thursday, and one of the items on its publicly posted agenda states, “Authorization to Proceed with Litigation Against Jeff Banks for Breach of Employment Contract.”
Alabama hired Banks in January from Texas A&M where he served in the same position. Banks' contract with Texas A&M was slated to run through March 2019 at $375,000 per year, according to The Eagle.
In May, Alabama athletics director Greg Byrne said Alabama was “still working” on Banks’ buyout with A&M. Banks’ contract states that since he took a job with an SEC school, his buyout is the remaining salary left on his contract.
Banks is scheduled to make $267,552 over his first year at Alabama. He will earn $550,000 from Jan. 11, 2019 until Feb. 28, 2021.
Not yet a subscriber?
PROMO: Get $99 gift certificate when you sign up for a new subscription
Talk with thousands of Alabama fans inside the Talk of Champions Forum
What are you going to get with your subscription?
In addition to the $99 gift code to get any kind of team gear you want before the season, you're signing up for all this: (See Rivals Fan Store Here for Bama Gear)
* Access to the Talk of Champions and Alabama Recruiting Board (Bone's Board), our premium message boards, where you can talk with thousands of Alabama Football fans including the staff of BamaInsider.com.
* Fall Camp HQ -- all of our content from camp. This is updated with new content every day. Feature stories, daily insider reports, video interviews, photo galleries and more from every day of practice leading up to the 2018 season.
*Complete Recruiting Coverage -- We keep you up to speed on all of Alabama's commitments, tell you what each commitment means for the rest of the class and break down every player.
**All that, plus access to our full-time staff at BamaInsider.com and our crew of regional and national experts from Rivals.com. Plus, with your subscription, you'll be able to read premium stories across the Rivals.com network of sites, including every other school in the SEC.
So don't wait any longer! Take advantage of this limited time offer right now!