After Ron Prince went 17-20 in three seasons at Kansas State, he was given the gate. But not without a $1.2 million buyout.
That's a fairly standard exit fee in today's game. What happened next, though, is a new twist.
Prince, or likely his lawyer, negotiated what Kansas State is now calling a "secret" agreement, according to the Kansas City Star, with lameduck athletic director Bob Krause. The deal reportedly calls for the university to pay a limited liability company, established by Prince, $3.2 million between the years 2015 and 2020.
K-State is suing Prince to negate the contract, which university president Jon Wefald contends never met approval from anyone other than Krause.
Clandestine deals? Balloon payments to a ghost LLC? If Prince, who has since landed an assistant's gig at Virginia, had showed that much initiative on the field, he'd still have his job.
