This is how it works? I thought old contracts were void once a new contract was signed, i.e. if a dumped coach gets picked up by another team, the old team is off the hook. Only if the disgraced coach does NOT get rehired is his original team liable to keep paying out.
Otherwise, geez, what a racket -- sign a big contract, screw up, get fired ASAP, collect ANOTHER contract, screw up again, get fired, get hired again -- and be still getting paid by ALL the teams that dumped you??
There should be some incentive to perform, and at the same time, some way to limit a team's losses if they make a mistake and then try to fix it. All those coaches , at all levels, who lose jobs every year can't be collecting multiple paychecks. Can they??