Ex-Rutgers AD gets $1.2 million in settlement
TribLIVE Sports Videos
NEW BRUNSWICK, N.J. — 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.
Pernetti resigned last week after a video was made public showing former men's basketball coach Mike Rice shoving players and berating them with anti-gay slurs. Pernetti suspended Rice last December. The coach was fired last week.
Under his agreement, 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.
He also gets his $12,000 per year car allowance through June 2014 and health insurance and pension payments through October 2015.
Show commenting policy
TribLive commenting policy
- Man dies after jump from Route 130 overpass onto passing tractor-trailer in Hempfield
- Police investigate rush hour incidents in Shaler, Wexford
- Husband of accused drug-dealing teacher faces his own drug, intimidation charges
- Monessen police investigating drive-by shooting
- DA drops homicide charge against man accused of shooting Homewood bar security guard
- Westmoreland County tourism grants promote banana splits, breweries, trolley, railroad
- Pirates again approach Polanco about contract extension
- Pa. Supreme Court upholds special prosecutor investigating AG Kane
- Scottie Sports Roundup - Beistel places 3rd in national tournament
- Pittsburgh settles second car wash drug-bust lawsuit
- Reliever Holdzkom among three players cut by Pirates