Schiano's secret escape clause
Rutgers University made a secret deal allowing the head football coach to walk away from his contract without penalty if it did not complete a major expansion of its football stadium by 2009. Under his current agreement, Greg Schiano is required to pay $500,000 for breaking his 10-year contract if he leaves following the 2009 football season. However, an addendum to that contract, never divulged by Rutgers, releases him from those same damages if the construction is not completed on time. The stadium side deal, outlined only Tuesday night by university president Richard L. McCormick, was the latest revelation about a series of undisclosed sweeteners the state university offered Schiano in an effort to retain the sought-after coach.
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Irina Shayk

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YODA
Total Comments (13645)
But does he get to keep the helicopter?
The Warden
Beverly Hills , CA
Total Comments (651)
He should have taken the Miami job....Go Canes!!
Out On Bail
Total Comments (187)
Is that Schiano's secret escape clause written on Out On Bail's avatar?
Weapon X
Cherry Hill, NJ
Total Comments (2996)
He is just waiting for the Penn State gig to open up and then he is gone!!!
cheetoBoy
Total Comments (4)
OK two things, Star Ledger Rutgers football beat-writers are having their lives made a lot harder in coming weeks with this stuff coming out (this week-long series on RU in the Star Ledger is not being written covered by the sports department).
And the second, cheetoBoy, you are one hundred percent correct. That's what makes this whole thing so so so sad for Rutgers fans, Rutgers students and professors, and New Jersey residents in general.
EastCoastKeith
Jersey Shore, NJ
Total Comments (1853)
He's holding open the door for when Paterno retires.
Spider Rico
Northport , AL
Total Comments (2)
So basically he's keeping the door open for when Paterno retires.
Spider Rico
Northport , AL
Total Comments (2)
He's holding open the door for when Paterno retires.
Spider Rico | 07/24/08, 11:02 AM
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So basically he's keeping the door open for when Paterno retires.
Spider Rico | 07/24/08, 11:03 AM
and just in case you didn't get it after the first to editions:
when joe paterno leaves penn state, schiano will go there.
hope this helps.
Evertonius
Total Comments (682)
if he leaves F him...then all the bandwagon riders can take the giant red R's off their cars...the same red R's that didn't exist as recently as 3 years ago...
Evertonius
Total Comments (682)
So are you trying to say he is going to Penn State when Joe Pa retires?
FootballGuru
Total Comments (822)
Penn State is a dump. I can't wait till Paterno leaves so it becomes an even bigger toilet than it is right now.
GO RU!
Bordentown , NJ
Total Comments (38)
yeah penn states a dump, sure. Wait which university is located in North Dirtball Jersey?
Chevy Chase
Lansdale , PA
Total Comments (3)
If he didn't go to Miami, and he didn't go to MIchigan, where is it a given that he is PSU bound? Earlier this summer RU tried to put the stadium's expansion on hiatus. Where would this leave him? This is NOT a loop hole for him to escape when JoPa retires, this is a guarentee that RU won't pull the plug on their football ambitions and leave him holding his you know what.
Keeping It Real
Total Comments (5)
I stated earlier, Coach Schiano only turned down the Michigan job because he had his eyes on PSU. Rutgers cracked the door open with this stadium deal falling short-should get very intresting. PSU fans and alumni should be thrilled that they have a chance of getting Coach Schiano. Will the "great" recruits stay with rutgers?
blue balls
Total Comments (183)
Keeping It Real, you're either not a New Jersey resident or you're a Jersey guy not paying attention to the fact our state is going down the toilet fiscally. Read the state's only respectable newspaper left everyday, The Star Ledger from front to back to see what's going in NJ's urban areas, as well as at Rutgers.
You have Rutgers cutting classes out of semesters, taking courses away from professors, and raising tuition - and at the same time overextending themselves with this stadium plan.
In the back of their minds RU's president and AD knew full well this might not go through (have you seen the price of fuel, concrete, and other supplies lately during this dam-near depression we're in?).
So no this is not a guarantee they won't pull the plug, it is exactly Schiano's loop hole to escape after the 2008 season and be in PSU in 2009. I hope I'm wrong because despite not being a big Rutgers fan it is good to see them finally improving, and I do think Schiano is one hell of a coach.
But I also am a realist here.
By the way, as a USC fan, I fully realize Pete Carroll could be off to the NFL at any moment too.
It's the business - $$$$$$$$ rules everything in this. Loyalty to a fanbase is nonexistent. Take a look at Petrino and Saban.
EastCoastKeith
Jersey Shore, NJ
Total Comments (1853)
By the way GO RU..... Please stop walking into rapid fire in these comments each day by calling other places dumps. There's no bigger cess pool in America than the arm pit of the East Coast, New Jersey, where I was born, raised, and still trapped.
EastCoastKeith
Jersey Shore, NJ
Total Comments (1853)
Keeping it Real-totally disagree! He only turned down Miami and Michigan because he had his eyes on PSU. If you don't think that PSU hasn't had "informal" talks with Coach Schiano then I believe your fooling your self-only my thoughts.
blue balls
Total Comments (183)
So rumor has it Schiano is going to Penn State huh... you know the T&R ppl are reading these posts and will put out an article about this rumor now... probably by tomorrow.
YCMFord
Phillipsburg , NJ
Total Comments (415)
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