Yes, that's right. A lot of people believe, however, that Wade held firm to get himself fired with pay. When he was fired, Ronnie Jones didn't exactly have many offers:
http://en.wikipedia.org/wiki/Ronnie_Jones
Ronnie Joe Jones (October 17, 1955(1955-10-17) in Dumas, Texas) is an American football coach. Though currently an assistant at Martin High School in Arlington, Texas, Jones has served on coaching staffs at numerous colleges and NFL teams.