I was never a big fan of JoePa, especially with the Sandusky thing, but you are way off if you are trying to say the guy was overpaid or did not deserve that pension payment. He was the biggest bargain in college sports considering his annual salary (compared to his peer coaches) and what he brought in to Penn State over his tenure:
“As background, the football program at Penn State brings in yearly revenue of close to $75 million, with more than $50 million of that in profit. It is the only sports program at the university that earns a profit according to Forbes magazine, with other departments losing approximately $30 million per year.
Penn State gets a bargain and obviously an old-timer’s discount by paying Joe Paterno a bit more than $1 million a year in salary. He’s never expressed an interest in holding out for more, threatening to leave or retire, until today”
btw, either they pay his family the big retirement package or get sued, basically it is hush money imo.
