Multiple examples here:who has been compensated for letting a manager go? I think only chelsea paid an amount of some sort to porto for AVB but that was probably the only time i ever heard of such a thing. they have clauses but i dont think there are fees attached to managers for leaving.
In part one of this article, Nick Tsatsas explored current trends relating to football manager contracts and analysed key provisions of those contracts, such as duration of contract, termination provisions and release clauses. In part two, Nick looks at some more key provisions of football...
It is also standard practice in the NFL, MLB and NBA.