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Will RichRod Become the Next Jed Clampett?

BuckeyePoetLaureate's picture
May 29, 2014 at 12:55am
2 Comments

From Andy Staples at CNN/SI:

An Arizona donor has devised a creative way to attempt to keep the stars of the school's athletic department in Tucson for a long time. The donor, who has yet to be identified, has offered football coach Rich Rodriguez, basketball coach Sean Miller and athletic director Greg Byrne a small stake in an oil and gas company -- and a potentially huge lump-sum payment -- if they stay at the school for the next eight years.

According to documents released Wednesday by the state's board of regents in conjunction with proposed contract extensions for all three men, the donor has offered 500,000 units of a master limited partnership currently valued at $35.36 per unit ($17,680,000 total) to the University of Arizona Foundation. If Rodriguez remains at the school eight years from the effective date of the contract, he would receive 175,000 units or the cash value (currently $6,188,000) of those units.

Here's the full article: http://http://sportsillustrated.cnn.com/college-football/news/20140528/arizona-coaches-contracts-rich-rodriguez-sean-miller/#ixzz334qbRnyJ

I guess it's true what they say: everything gets better once you leave Ann Arbor! 

 

 

osuisnumber1's picture

The bar is set real low in Arizona! not referencing the basketball team.

-1 HS
IH8UOFM's picture

I really cant find a reason to dislike Rich Rod.