OT: Charlie Weis' buyout ended up costing ND nearly $19 million
- Thread starter mn78psu83
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I would imagine quite a few ND fans will tell you the buyout cost was worth every penny.
Not too much to offer, what a deal he got....I believe this is the only reason Kelly is still there.
AND Kansas had to pay him $5.625 Million after he was fired there, with payments ending Dec. 31, 2016.
http://collegefootballtalk.nbcsport...-decided-financial-advantage-in-buyout-money/
Not many coaches have made as much money coaching, as Charlie Weis has been paid NOT to coach.
http://collegefootballtalk.nbcsport...-decided-financial-advantage-in-buyout-money/
Not many coaches have made as much money coaching, as Charlie Weis has been paid NOT to coach.
It amazes me the way millions of dollars get thrown around these days. I thought the same thing when it was announced that Delaney was getting a $20 mil bonus. Crazy. Some years ago Leo Raymond (think that's his name) retired as CEO of Exxon and his retirement package was an estimated $400 million. SMH. Erickson's getting $40,000 a month pension. Joyner works at PSU for ten minutes and he gets a pension. Where's all this money come from? Us, I suppose.
How can a Catholic university explain away pissing money out the window like that?
Wow that was money poorly spent. LOL.
"Decided schematic advantage" my ass.
His "Decided schematic advantage" was Tom Brady.
Paying a coach a lot of money doesn't guarantee success. Just ask Michigan.
Nobody should blame Charlie for taking money offered to him by both Notre Dame and Kansas.
There's alot of dumb people in the world. Charlie isn't one of them. I wish someone would give me 25 million to NOT come to work.
Agree. One thing I like about this story is that Charlie and his wife established a foundation Hannah & Friends, named after his autistic daughter, and for the benefit of children with developmental disorders. Let's hope a good chunk of this money has gone to the foundation.
https://www.hannahandfriends.org/about-us/hannah-friends-neighborhood/
Probably less than what they paid to hush up Declan Sullivan's and Lizzie Seeberg's families.
You beat me to it...Wow that was money poorly spent. LOL.
"Decided schematic advantage" my ass.
His "Decided schematic advantage" was Tom Brady.
The ND lawyers should be sued for malpractice. The buy out agreement did not even have an offset income clause. The money he was paid at Kansas did not even reduce the amount of the ND buyout. Charlie collected the full amount from both ND and Kansas. This offset income clause is pretty standard in all buyout agreements.
Just give nose picker/tree climber a couple more years till he has a senior class.... whoops. Michigan's stock is dropping, I wonder why?
And yet this is collegiate athletics with "student athletes" that are whored out for the chosen few to make insane amounts of money. It's freaking sick.
How about if the AD fires a coach that has more than 5 million left on their contract, they have to step down too and can't work in an equal position for at least 2 years.
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