Tech announces new Foster deal
Virginia Tech sports: www.hokiesports.com
The new agreement will pay Foster $800,000 in deferred compensation if he remains employed at Virginia Tech through the 2014 football season. Should Foster leave prior to the end of the 2014 season, he would not receive any part of this deferred package.
The only other qualification to the 2014 date is that in the event Frank Beamer resigns or does not continue in his position as head football coach, Foster will receive the deferred compensation with the effective date of Beamer’s departure.
The agreement is subject to all of the terms of Foster’s existing employment contract.
Foster recently completed his 23rd season on the Tech staff and his 15th year as a defense coordinator for the Hokies.