Found April 08, 2013 on
Former Rutgers athletic director Tim Pernetti isn’t leaving the New Jersey school empty-handed.
The school’s AD, who resigned last week in the aftermath of the saga surrounding men’s basketball head coach Mike Rice, is getting $1.2 million in salary – among other payouts and benefits– under a settlement agreement, according to The Associated Press.
Under his agreement, according to documents obtained by The AP, “Pernetti is to be paid his base salary of $453,000 per year through June 2014 and a one-time payment of $679,500 in the next month. He gets the money even if he takes another job.”
But that’s not it. He will also receive his $12,000 per year car allowance for the next 14 months as well as health insurance and pension payments through October of 2015.
As for his Rutgers-issued iPad and laptop computer? They’re his, too.
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Full story at Bob's Blitz ~ http://www.bobsblitz.com
We heard from Mike Rice himself after the now infamous abuse video was released which resulted in him being fired. But up until this point, we hadn’t heard anything about where Rice’s head was in the days leading up to the release of the video. Well thanks to a New York Daily News interview with Rutgers recruit Shane Rector, we now have a good idea about that too.According to...
The recent developments at Rutgers have been a stain on what should be the most exciting time of the year in college basketball. A superb March Madness has set up what has proven to be an incredibly entertaining Final Four, filled with rich storylines.
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Exactly what was Tim Pernetti punishment, for allowing Mike Rice to stay on as coach after, he viewed the video of Rice’s bullying players?
Yes, he got fired (they want you to believe he resigned), but check out what he gets as a parting gift.
$12,000 a year car allowance
Full health benefits
School issued iPad and laptop
Gets paid his $1.2 million even if he takes...
More details continue to emerge from 249 University Avenue.
On Monday, ESPN’s Outside the Lines reported on a video of former Rutgers coach Mike Rice swearing at players, throwing basketballs at them and violently grabbing and pushing them.
New details have come up stating that former director of basketball operations Eric Murdock is being investigated for extortion of the...
Rutgers University is pledging to get to the bottom of how a basketball coach who kicked and shoved players and used gay slurs as he yelled at them was allowed to stay on the job - and to make sure the same thing isn't happening in other sports.
The university said Monday that the school's Board of Governors would meet Thursday to discuss hiring an adviser to report on what...
Apparently not. Rutgers finally canned him, but he will live in infamy.
Former Rutgers Athletic Director Tim Pernetti is getting $1.2 million in salary, plus an iPad, car allowance and more than two years of health insurance coverage under a settlement agreement.
The Associated Press obtained details of the settlement Monday through an open records request with Rutgers. The Star-Ledger had previously reported some details.
Pernetti resigned last week...
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In an interview with Jim Rome, Kobe Bryant was asked how he would’ve reacted to former Rutgers head coach Mike Rice’s abusive behavior if he were a player at Rutgers. Bryant response? “I would’ve smacked the hell out of him.”
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For one night the NCAA got what it needed the focus wasn’t on the Rutgers basketball program and it’s now former coach Mike Rice. Instead the focus was on the game itself. The National title game, Louisville Cardinals and the Michigan Wolverines. And the game didn’t disappoint. Michigan came out firing in the first half of the game at one point they shot 62 percent and couldn’t...