Washington AD Committed To Improving Scheduling Penn State Not Planning On Alcohol Sales Jim Delany Remains Focused In Growing Role Ohio State Beer Sales Exceed $1M In First Year Bowlsby Raises Questions About CFP Selection Criteria Undefeated Western Michigan In Bowl Game Negotiations UH Regents Chair Blasts Big 12 Expansion Process Liberty's Hire Of McCaw Kept Secret Within School Liberty Univ. Hires Former Baylor AD Ian McCaw Texas Hires Houston's Herman As Football Coach
SBD/Issue 112/Collegiate Sports
Tim Pernetti Officially Introduced As Rutgers Univ. AD
Published February 27, 2009
|Pernetti Agrees To Five-
SIGNED, SEALED, DELIVERED: In Atlanta, Darryl Maxie reports newly-hired Georgia State Univ. (GSU) AD Cheryl Levick, who was introduced by the school Wednesday, signed a five-year contract that "could pay her up to $1.41[M]." The contract "calls for a base salary of $220,000 annually, but also provides up to $50,000 a year for attaining yet-to-be-negotiated performance goals, and a $6,000-a-year car allowance." The contract also "pays Levick $30,000 for relocating from Maryland, where she was second in command in the athletics department" at the Univ. of Maryland. If Levick is "terminated without clause, she will be paid half of her 'guaranteed base salary,'" and if Levick "leaves GSU in the first three years of her contract, she would owe the university $440,000, or twice her base salary." If Levick were to leave "in the fourth or fifth year, she would owe the school only $220,000, one year's salary." Maxie notes GSU also "would have the option of extending Levick's contract for two years after Feb. 28, 2012" (ATLANTA CONSTITUTION, 2/27).