How much did it cost Notre Dame to get rid of Charlie Weis?
Start with $6,638,403. And keep counting until December 2015.
Notre Dame made an initial "termination payment" to Weis of more than $6.6 million and will continue to cut smaller checks to its former football coach for the foreseeable future, according to federal tax documents obtained by the Tribune on Thursday.
Weis' apparent buyout is revealed on the Form 990 Notre Dame must submit to the Internal Revenue Service. It was made available to the Tribune upon request. Weis' total severance pay — which was subject to debate as his tenure drew to a close — won't be fully clear for years, though.
That's an insane amount of money. I put it into context this way - if I'm good at my job and I average $150K in income from ages 25 through 65, I would still earn less over the course of my entire career ($6 million) than this chump did for his initial buyout payment for failing so hard. Damn.
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