University cuts scholarships to buy out coach

at the University of Tennessee at Knoxville:

After Tennessee fired its coach last week, the university’s chancellor said the athletic department would forgo $18 million in contributions it was to make to the university over the next three years for academic scholarships and fellowship programs.
Instead, some of the money will be used to pay the severance packages of the coach, Derek Dooley, who is owed $5 million, and his staff, which is owed a reported $4 million if it is not retained. Dooley had four years remaining on his contract.

Wait – their AD was giving $6 million a year to the academic side? That’s about what Rob Mullens *takes* from UO’s academic side. 12/1/2012.

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