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Rodriguez: Open WVU's books

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Rich Rodriguez says opening the books of West Virginia's private fundraising arm is the only way to determine whether his abrupt resignation as football coach harmed the school financially. That was a key demand in the formal response Rodriguez filed Friday to WVU's lawsuit over the $4 million buyout clause in his contract. He also said it was the administration's actions, not a better offer, that led him to resign in December and take the coaching job at Michigan. According to its annual report, the foundation ended fiscal 2007 with total assets of more than $1 billion and endowment investments of $474 million, a 24 percent increase over the previous year.

Chicago Tribune

Rich Rodriguez , Marc Serota/Getty Images Rich Rodriguez , Marc Serota/Getty Images
February 2, 2008  12:05 PM ET

And Michigan WANTS this guy? Just because you can run the spread, aparently doesn't make you a decent person, I guess.

February 2, 2008  12:05 PM ET

Will it show how much he pays his gang bangers to play football?

February 2, 2008  12:36 PM ET

Isn't this like saying I don't want to pay my American Express card bill because AMEX made a lot of money last year?

February 2, 2008  12:47 PM ET

Agree with all above, this is just crazy. How does WVU's financial records have anything to do with the fact he SIGNED a contract with a 4 million buyout. The verbal comments here or there saying it would be reduced don't mean crap. He signed it, pay it, and lets move on to something else.

February 2, 2008  02:20 PM ET

And Michigan WANTS this guy? Just because you can run the spread, aparently doesn't make you a decent person, I guess.

chuckbhuge | 02/02/08, 12:05 PM

Yes, we want him. He seems like a guy that doesnt simply go for the love of money. The more we find out, the more we find out he left on principal. Yeah, he left in a bad situation, but its WVU that made it bad...

February 2, 2008  02:36 PM ET

Gang Bangers?

LOL

Comment has been removed
February 2, 2008  04:46 PM ET

I like Cheesy Texans comment.

I don't care which side you favor, everyone has to admit this makes RR look bad.

I'm glad my school isn't on the receiving end of this circus.

February 2, 2008  04:54 PM ET

By the time this is over, that 4 mil he owes will be going to lawyers

February 2, 2008  07:12 PM ET

biminator, LOL, you are the epitome of naivete! WVU fans *do* need to move on and RRod needs to pay up, simple!

February 2, 2008  07:40 PM ET

Sounds like a different version of Bobby Petrino. What goes around eventually will come back around for the ol' coach.

February 2, 2008  07:50 PM ET

If you really believe verbal agreements mean nothing, you know absolutely nothing about contract law. It will come down to what is legally enforceable in that jurisdiction. If he really does have witnesses to the conversations, he may walk away without paying anything.

No, he is not saying that they made a lot of money so he doesn't owe it. He is saying they had no damages because they made money, and because they (the university) didn't pay him anything to begin with. The money came from the foundation via boosters, so the school lost absolutely nothing and has no damages. Actually an interesting defense to a contract dispute.

He also listed many other defenses and a countercalim. Again, if the witnesses in the room and the emails back his story, he might walk away without paying anything. Read the whole court document with his defenses. It really does not look good for the university if he can back up his claims.

February 2, 2008  08:11 PM ET

Didn't he sign a contract that included a 4 million buyout if he left before September 08? If so - shouldn't that stand for something?

February 2, 2008  08:12 PM ET

KRB - he already agreed to pay 1.5 million of it so basically you're a moron.

February 2, 2008  08:42 PM ET

Whatever idiot. I never said he didn't owe anything, or that he will not have to pay. At this point it is up to the courts to decide what if anything he owes. If he successfully shows that the school breached the contract or in any way did not live up to their side, he may pay less than the full 4 million or nothing at all. The court will decide the amount, unless they settle first.

He put up a letter of credit for 1.5 million claiming that was the most he owed if any. The school did not counter with a settlement, so that does not have any bearing until the court makes its decision.

February 2, 2008  08:57 PM ET

Still trying to make chicken salad out of chicken s--t. I don't care about this media hype. Settle it in court not the media.

February 2, 2008  08:57 PM ET

You stated twice he might walk away with out paying anything, that isn't going to happen.

February 2, 2008  09:03 PM ET

1. I know I have a 4 mil buy out, i'm going to leave anyway.
2. I don't owe 4 mil
3. WVU sues
4. I had a buyout but they told me privately they don't like buyouts and would work on waiving it so that means I don't have to pay it.
5. Ok you got me, but I only owe 1.5 mil from my old contact, not the one i signed in '07
6. Court room here we come. What a great guy.

Both he and Michigan knew this was ooming, they've made a story of it by not taking care of it upfront and RR changing his tune a couple of times.

February 2, 2008  09:18 PM ET

I find it intresting that CBS Sports reporter Dennis Dodd wrote that the best change in coaching was Michigan's Rich Rodriguez and the Worst hire was Bill Stewart. Lets just put another log on the fire-the media just can't leave this story alone. I guess this is headline news when the teams aren't playing.

 
February 2, 2008  09:20 PM ET

I'm basing my opinion on a legal standpoint, and nothing to do with the moral side of it. He probably will have to pay. What amount will be decided by the court based on the facts and witnesses presented. He has a counterclaim, so it may be less than the 1.5 M. It may be the full 4 M. I'm just trying to point out that his signature or his actions do not automatically make him legally responsible for the full amount at this point.

He also brought up claims in the court documents that the contract was null and void because certain actions did not take place. If I remember correctly, one of them was the state attorney general had to sign off on the contract to make it official. I'm not saying that it is null and void, just possible that the court could rule that way. Will he walk away without paying? Probably not, but there is a possibility.

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