Truth & Rumors > NCAAF
Rodriguez: Open WVU's books
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.
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Jarah Mariano
Maria Kirilenko



Comments (49) Add A Comment
And Michigan WANTS this guy? Just because you can run the spread, aparently doesn't make you a decent person, I guess.
chuckbhuge
Springfield , OR
Total Comments (42)
Will it show how much he pays his gang bangers to play football?
thunderdragon
Total Comments (977)
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?
Cheesy Texan
Converse , TX
Total Comments (1662)
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.
Pugz
Huntington , WV
Total Comments (42)
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...
biminator
Total Comments (2035)
Gang Bangers?
LOL
Kraz
Total Comments (246)
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.
BBlues
Total Comments (809)
By the time this is over, that 4 mil he owes will be going to lawyers
NWPA
Total Comments (549)
biminator, LOL, you are the epitome of naivete! WVU fans *do* need to move on and RRod needs to pay up, simple!
rhymeister
Total Comments (2198)
Sounds like a different version of Bobby Petrino. What goes around eventually will come back around for the ol' coach.
Ghostrider 005
Total Comments (202)
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.
KRB
Total Comments (349)
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?
NWPA
Total Comments (549)
KRB - he already agreed to pay 1.5 million of it so basically you're a moron.
NWPA
Total Comments (549)
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.
KRB
Total Comments (349)
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.
blue balls
Total Comments (171)
You stated twice he might walk away with out paying anything, that isn't going to happen.
NWPA
Total Comments (549)
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.
NWPA
Total Comments (549)
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.
blue balls
Total Comments (171)
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.
KRB
Total Comments (349)
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