Originally posted on The Sports Bank  |  Last updated 1/19/13
John L. Smith is one of the most colorful characters in college football. Unfortunately, he’s now at a much lower rung in the sport. The man who took over at Arkansas on very short notice in the wake of the Bobby Petrino Jessica Dorrell scandal, that led the Razorbacks to a disastrous 4-8 season has landed a new job at D2 Fort Lewis College in Colorado. He’ll take a severe paycut. A really drastic paycut. By the way Smith is $40 million in debt, so he has some personal bankruptcy things going for him. Quite the fall for the former Michigan State coach who loves thrill sports like sky-diving. Maybe he was a little too thrill-seeking with his personal finances. Quite a step down for the ex-leader of the Spartans, and a former coach in the SEC. Paul M. Banks is CEO of The Sports Bank.net, a Google News site generating millions of unique visitors. He’s also a regular contributor to Chicago Now, Chicago Tribune.com, Walter Football.com, Yardbarker, and Fox Sports A Fulbright scholar, published author and MBA, Banks has appeared on live radio all over the world; he’s also a member of the Football Writers Association of America, U.S. Basketball Writers Association, and Society of Professional Journalists. The President of the United States follows him on Twitter (@Paul_M_BanksTSB) You should too.  
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