Wednesday, July 9, 2008

Michigan Football and Tax


According to ESPN, the University of Michigan football coach, Rich Rodriguez, has agreed to pay West Virginia University (his former employer) $4 million dollars to settle a lawsuit involving the coach terminating his employment with WVU.

I am positive that you are thinking I wonder what the tax treatment of that payment will be? Well, it's funny you should ask that, I just happen to have written an article on that exact subject.

2 comments:

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Alison M. Kilmartin said...

Forget the tax implications, if that's what the payment was imagine what his salary must be!