Tuesday, May 17, 2016

The Money Train That Is College Football Is No Joke

Tax returns: ND paid Charlie Weis more in 2014-15 than Brian Kelly

Notre Dame released its federal tax return Monday, and once again, the school paid former coach Charlie Weis more than current coach Brian Kelly.
The university gave Weis a payment of $2,054,744 for the reporting period of July 2014 through June 2015. Weis has received $16,912,123 since he was fired in November 2009. Notre Dame is scheduled for "additional annual payments" through December 2015, so one more payment means Weis' buyout money from the school will total $18,966,867.
Kelly received $1,624,730 for the 2014 reporting period, though that likely does not match his total earnings, as the school notes that "the current head football coach is permitted to receive compensation from external sources with prior written approval from the University." Income from a source such as a shoe company would not have to be reported on the tax forms. Kelly received $1,187,272 from Notre Dame in the previous reporting period.

No comments:

Post a Comment