NEW BRUNSWICK - (AP) - Former Rutgers Athletic Director Tim Pernetti is getting $1.2 million in salary, plus an iPad, a car allowance and more than two years of health insurance coverage under a settlement agreement.
The Associated Press obtained details of the settlement today through an open records request with Rutgers. The Star-Ledger had previously reported some details.
Pernetti resigned last week after a video was made public showing former men's basketball coach Mike Rice shoving players and berating them with anti-gay slurs. Pernetti suspended Rice last December. The coach was fired last week.
Under his agreement, Pernetti is to be paid his base salary of $453,000 per year through June 2014 and a one-time payment of $679,500. He also gets his $12,000 per year car allowance through June 2014.