Former Marshall basketball coach Donnie Jones said he "fully intends'' to pay the entire $500,000 buyout specified in his former contract, according to a statement sent by the current Central Florida coach to the Gazette.
Last Thursday, the Gazette broke the story that Marshall University received only half of the agreed-upon buyout payment from the ex-Thundering Herd coach.
According to MU athletic director Mike Hamrick, a $500,000 check was owed to the university within 30 days of the coach's departure to UCF, but only $250,000 was received on the deadline, which was last Thursday.
Jones, however, sent a statement to the Gazette through Chris Capo, his agent, who is based in Atlanta.
"I am aware of my monetary obligation under the terms of my employment contract at Marshall University, and I fully intend to satisfy that requirement,'' reads the statement. "As a sign of good faith, I have already paid $250,000 of the required $500,000 buyout, and I will pay the remaining amount as soon as fiscally possible.
"I have the utmost respect for Marshall University - including the staff, the student-athletes, and the fans - and I will fulfill all of my monetary obligations in the near future.''
Capo said in an e-mail that Jones is "unable to comment any further on the matter at this time.''
On Monday, the agent reiterated the coach "plans on paying it all.''