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Joe paterno's contract

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Joe paterno's contract Empty Joe paterno's contract

Post by Marathadi-Saamiyaar Sun Jul 15, 2012 12:58 am


According to the university website, Paterno's amended contract was finalized in August 2011 and totaled $5.5 million in payouts and benefits, which included a $3 million bonus and title as head football coach emeritus if he retired at the end of the 2011 season.

The package, which was published online in April, also included a $425,000 head coach bonus, $900,000 in television and radio revenue, $250,000 in debt forgiveness, use of the university's luxury box, use of the school's hydrotherapy equipment and $1,000 monthly payment to Paterno's wife for the rest of her life, among other benefits.
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This at a time of budget cuts for education.

Marathadi-Saamiyaar

Posts : 17675
Join date : 2011-04-30
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