Sports
Related: About this forumOhio 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
El Supremo
(20,365 posts)Heather MC
(8,084 posts)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
El Supremo
(20,365 posts)Even though they deserve him.