College Buyouts

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Amount Ohio State agreed to pay president E. Gordon Gee, who retired in 2013 after making derogatory comments; because he took a new job at WVU, Ohio State had to pay him only $337,080


Amount Rutgers University agreed to pay athletic director Tim Pernetti in salary and benefits; Pernetti resigned in 2013 after basketball coach Mike Rice was fired for verbally abusing players


Amount (severance plus deferred compensation) Penn State paid president Graham Spanier, who was fired in 2011 amid the school’s child sex-abuse scandal

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