In another reminder of how messed up college sports is, Rutgers AD Tim Pernetti is not going home empty-handed after "resigning" Friday. He'll receive over $450k per year through June 2014
guaranteed, and a lump sum payoff of over $600k, meaning he'll walk away with a million dollars even if he gets another job elsewhere. Also, through 2015, he'll get a $12k car allowance, health insurance, and get to keep the university-issued iPad and laptop. Also, Rutgers will represent him in any legal case brought against him, which must be nice.
Read more at
CBS Sports.
Image courtesy NY Daily News.
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