https://www.washingtonpost.com/sports/co...story.html

"The University of Illinois paid fired football coach Ron Zook $1.3 million while he spent a year trying a new career in banking and working on his water-skiing in Florida.

The University of California paid Jeff Tedford $1.8 million while he took a year off and vacationed in New Zealand.

The University of Maryland paid Ralph Friedgen $2 million while he tried out retirement, played a lot of golf and cruised the South Carolina coastline in his 24-foot whaler, “Fishing with the Fridge.”

These are just a few examples of the golden parachutes that await many newly unemployed coaches in the lucrative world of major college sports, a phenomenon recently retired football coach Steve Spurrier once called “hitting that lottery ticket.” Severance pay is the top-rising expense for athletic departments at some of America’s largest public universities, according to a Washington Post review of thousands of pages of financial records from schools in the five wealthiest conferences in college sports."

I want that job.

Charlie Weis has got to be the king of this.

(12-15-2015 10:22 AM)Hokie4Skins Wrote:  Charlie Weis has got to be the king of this.

I have never understood why schools agree to "buyouts" for firing a coach for not doing his job.

It's a great gig if you can get it.

Don Treadwell got the last of his buyout this year, it's criminal that we had to pay to go away when he trashed our program. Fortunately he's worked at Kent State the past two years, so that was deducted out of his buyout. His predecessor, Michael Haywood, still technically owes us a buyout since he resigned to take the Pitt job after the 2010 season, but we never got paid since he was fired two weeks into the job for a domestic assault charge that was later dropped.

Yup,

Skippy Holtz is still sucking money from USF!

(12-15-2015 11:40 AM)TerryD Wrote:  I have never understood why schools agree to "buyouts" for firing a coach for not doing his job.

For the same reason HP paid Carly Fiorina $21M to leave, I guess.

(12-15-2015 10:22 AM)Hokie4Skins Wrote:  Charlie Weis has got to be the king of this.

There was a joke during Mizzous coaching search that the only advantage to hiring Weis is that Kansas would be paying him

Ron Zook should've been fired at his introductory press conference after he kept pronouncing Illinois as "Ill-eh-noise".

Well, this is the flip side of wanting to pay whatever it takes to get the "new hot coach."