Traffic Exchange

May 25, 2013

Charlie Weis $19 million

Remember Charlie Weis, the guy who coached Kansas to a 1-11 record this season? Notre Dame certainly remembers him, because years after they fired him after going 16-21 over the course of three years with the Fighting Irish, they still owe him money. Lots of money. Per Brian Hamilton of the Chicago Tribune:

Weis received another buyout payment of $2,054,744 as part of the separation agreement for his firing in 2009, bringing the total amount paid to the ousted Irish coach and current Kansas head coach to nearly $10.8 million, according to federal tax documents the school provided the Tribune on Thursday. It is the second consecutive payment of $2,054,744 to Weis after the initial payment of $6,638,403 after his firing. The university is scheduled for "additional annual payments" through Dec. 2015, so four more installments of the same $2 million-plus figure would bring the total to $18,966,867. Read more