Not strictly corporate finance, but a very interesting look at some contracts of college football coaches
College football contracts are dotted with extras and provisions - USATODAY.com: "Head football coaches' contracts with NCAA Division I-A schools can be more than a matter of money."
a few examples (for more read the article):
*"Cincinnati's Mark Dantonio and Florida's Urban Meyer can be suspended or fired for "commission of a crime ... whether prosecuted or not." Not counting minor traffic offenses."
* "Air Force's Fisher DeBerry will get a lifetime monthly annuity after he steps down — $7,000 a month if he coaches through the 2006 season, a figure that rises to $9,000 a month if he coaches through the 2010 season. His wife would collect two-thirds of the monthly amount if he dies before she does."
From a companion piece maybe CEOs are that highly paid afterall. The average NCAA Div 1 football coach makes $950,000 before benefits, bonuses, and otehr incentives.
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