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Schiano bags extra $250K

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Five months after agreeing to terms that will pay him as much as $2 million annually with bonuses, Rutgers University football coach Greg Schiano quietly signed a side agreement providing for an additional $250,000 a year from the university in payments made through a vendor. In the addendum to his contract, dated July 2, 2007, the university arranged for Nelligan Sports Marketing, the exclusive marketing agent for Rutgers, to pay the coach the additional $250,000 -- keeping the payments off the school's payroll.

Newark Star-Ledger

Greg Schiano, Gregory Shamus/Getty Images Greg Schiano, Gregory Shamus/Getty Images
July 22, 2008  05:46 AM ET

Greg Shiano models Sprint's new MEGA-STRENGTH jowel-holders.

July 22, 2008  05:46 AM ET

In the MMA section?
Peculiar this is.

Comment has been removed
July 22, 2008  08:28 AM ET

Next story..."Rutgers jacks up tuition rates"

July 22, 2008  08:59 AM ET

Lets see here, Italian guy "Bags" more cash? Anyone else suspicious?

July 22, 2008  09:04 AM ET

Did they hire Enron's accountants?

July 22, 2008  09:19 AM ET

All this for a school that will NEVER win a Nat'l Championship! NEVER!!

July 22, 2008  09:32 AM ET

...says the USF fan. Even with all of the SEC rejects that you guys cater to, Rutgers will still make it 3 in a row in Tampa this year.

July 22, 2008  09:37 AM ET

Didn't RU lose to USF last year?

July 22, 2008  09:52 AM ET

Hahaha. Sour grapes.

July 22, 2008  09:53 AM ET

Didn't RU lose to USF last year?
HollyBull | 07/22/08, 09:37 AM

No stupid they won when USF was ranked #2

July 22, 2008  09:53 AM ET

guess your not a USF fan

July 22, 2008  10:14 AM ET

Badda bing!

July 22, 2008  10:23 AM ET

It was last season I forgot! sorry!! Besides, I only follow big football programs like UF, UM and FSU for example. WeaponX you overlooked my question mark I didn't say USF beat RU I was asking that makes you da STOOPID one! Plus the image of the Beagle doesn't help your argument either. The two worst franchises in the NFL the Eagles and the Jets by far!!!!!!!!!!!

July 22, 2008  10:23 AM ET

Next story..."Rutgers jacks up tuition rates"

PS Forever | 07/22/08, 08:28 AM

...and ticket prices,,,,and T-shirt prices....etc..etc.

July 22, 2008  10:29 AM ET

Madame may I perform a complimentary colonoscopy?

July 22, 2008  11:01 AM ET

It was last season I forgot! sorry!! Besides, I only follow big football programs like UF, UM and FSU for example. WeaponX you overlooked my question mark I didn't say USF beat RU I was asking that makes you da STOOPID one! Plus the image of the Beagle doesn't help your argument either. The two worst franchises in the NFL the Eagles and the Jets by far!!!!!!!!!!!

HollyBull | 07/22/08, 10:23 AM
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Please refrain from ever speaking again, thanks

July 22, 2008  11:12 AM ET

You need to read this whole story to get the whole idea here. And the final quote in it says it all. There's really no wrong doing here by Rutgers, but Rutgers should not have kept it a secret. It's a rough life for New Jersey tax payers right now and this story regardless of right or wrong doings isn't going to make anyone in NJ too thrilled. By the way, these Nelligan folks are sketchy in my opinion.

July 22, 2008  11:19 AM ET

RaBDAWG How did you pants get so wet? Im Norwegian! Burnck!

 
July 22, 2008  11:32 AM ET

hehehe

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