Paul McGregor has a Trent Barrett-style clause in his contract that could save St George Illawarra hundreds of thousands of dollars if they part company next year – although it remains to be seen whether the embattled coach will survive that long.
McGregor is contracted until the end of next season but is under extreme pressure to retain his position. The Dragons were struggling financially even before the coronavirus crisis and are reluctant to pay out the remainder of his $700,000-a-year salary.
However, there is a provision in McGregor’s contract that could make a payout slightly less painful for the club. The Herald can reveal that the parties can provide a six-month notice period should they wish to part company, a clause that can only be triggered in the final year of the deal. It effectively means that if the Dragons activate it on the earliest possible date of January 1, McGregor could be gone on June 30 and they wouldn’t have to pay him out beyond that date. Such a move could save the club about $300,000 at a time when every dollar counts.
However, disgruntled fans are already baying for his blood with the side having notched just two wins from their past 13 games, both against wooden spooners Gold Coast. Another loss, to the lowly Bulldogs on Monday at Bankwest Stadium, will put further pressure on the club to sack him immediately and cut its losses.