Joe paterno's contract Hitskin_logo Hitskin.com

This is a Hitskin.com skin preview
Install the skin • Return to the skin page

Coffeehouse for desis
Would you like to react to this message? Create an account in a few clicks or log in to continue.


Joe paterno's contract

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

Go down

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.
***************
This at a time of budget cuts for education.

Marathadi-Saamiyaar

Posts : 17675
Join date : 2011-04-30
Age : 110

Back to top Go down

Back to top

- Similar topics

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

 
Permissions in this forum:
You cannot reply to topics in this forum