J Lloyd sent in this article about Bobby Knight kind of giving back his salary to Texas Tech because of his teams performance, or lack of performance.
Highlights or lowlights if you'd like:
"I don't think it's anybody's fault but mine," Knight said of a 16-11 regular-season finish from the Red Raiders. "I just feel like I had a product and it broke. You shouldn't have to pay for it."
Despite forfeiting his $250,000 base salary, what wontt be broken is Bob’s bank account.
According to wire (and that's news, not bank) reports, Knight now will be forced to exist on 650 grand -- $500,000 in outside-interest loot and another $150,000 in deferred income.
Sure, he still has $650,000 (before taxes) to play with, but -- as Patrick Ewing has pointed out -- wealthy folks need more cash because they spend more cash.
They sure do Patrick, they sure do....
Highlights or lowlights if you'd like:
"I don't think it's anybody's fault but mine," Knight said of a 16-11 regular-season finish from the Red Raiders. "I just feel like I had a product and it broke. You shouldn't have to pay for it."
Despite forfeiting his $250,000 base salary, what wontt be broken is Bob’s bank account.
According to wire (and that's news, not bank) reports, Knight now will be forced to exist on 650 grand -- $500,000 in outside-interest loot and another $150,000 in deferred income.
Sure, he still has $650,000 (before taxes) to play with, but -- as Patrick Ewing has pointed out -- wealthy folks need more cash because they spend more cash.
They sure do Patrick, they sure do....
posted by Champion at 11:22 PM
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