Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

madinmaryland

(64,933 posts)
Mon Jul 29, 2013, 07:35 PM Jul 2013

Ohio State reaches $5.8M deal with Gordon Gee

COLUMBUS, Ohio (AP) -- Former Ohio State University president Gordon Gee, who retired under a cloud after remarks jabbing Roman Catholics and Southeastern Conference schools, will receive a $5.8 million package over the next five years, along with an office, a secretary and a premium parking pass, the university said Monday.

The contract with Gee includes a one-time payment of $1.5 million, an annual salary of $410,000 and a $300,000 annual grant for research on 21st-century education policy. It also retains him as a full professor in the university's College of Law, pays him health insurance and covers moving and storage expenses.

The deal also will cover the cost of tax preparation and penalties Gee incurred as a result of corrections the university made in reporting his income for 2009, 2010 and 2011.

The agreement, signed by Gee on Monday, didn't explain the corrections. University spokeswoman Gayle Saunders couldn't immediately explain them but promised a statement later.

Gee, 69, retired July 1, shortly after The Associated Press first reported remarks he made to the university's Athletic Council in December. Those comments included digs at Notre Dame, the Big Ten, the University of Wisconsin athletic director and the University of Arkansas football coach.

Read More: http://sportsillustrated.cnn.com/college-football/news/20130729/ohio-state-gordon-gee.ap/#ixzz2aTrFekip


5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Ohio State reaches $5.8M deal with Gordon Gee (Original Post) madinmaryland Jul 2013 OP
The corrections stem from his confusion with Orville Redenbacher! El Supremo Jul 2013 #1
Only in America can getting fired make you more than the President Heather MC Jul 2013 #2
At least he's not going back to Colorado! El Supremo Jul 2013 #3
The corrections have got to be for his wardrobe expenses. El Supremo Jul 2013 #4
Go Frogs!!! El Supremo Jul 2013 #5
 

Heather MC

(8,084 posts)
2. Only in America can getting fired make you more than the President
Mon Jul 29, 2013, 08:57 PM
Jul 2013

This should be in A Jay-z rap song

"like Gorden Gee, I 'm making more money than Obama homey"

ok I am so not a rapper. But Jay Z can make cool

Latest Discussions»Culture Forums»Sports»Ohio State reaches $5.8M ...