The buyout is spread out over the length of the contract, which at this point would be about $1.5 mil per. That amount is offset by whatever job he takes after he were to leave IU. In short, it wouldn't be a whole lot. Now, please, for the love of gawd.....STOP ENABLING MEDIOCRITY.
It is offset IF he takes another job coaching. Ben Howland did not for several years when he could have, and UCLA was on the hook as a result. There is no rush to get another job, so IU will be on the hook.