clapper
Dodd-Like
- Joined
- Jan 19, 2007
- Messages
- 6,812
Oh, it's better than that. Part of the reason his salary was so high was to help him pay the buyout. He was also loaned $1.5MM+ to help pay it off. The loan was to be forgiven after his initial contract expired this year. One thing though, Todd didn't pay off the buyout. He made payments for less than half of it...sporadically...while being charged 9.5% on the outstanding balance. Oregon State put him in default and he came back asking GT to restructure his contract with a new loan and reduced compensation, extending the contract through 2026.Doesn't TDope "owe" GT for payment of his debt issue with Oregon St. or were those details reworked into whatever contract he had at the time?