Lawyers say K-State insisted on buyout memorandum Print
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Monday, 10 August 2009 12:27
NCAAF Headline News

 KANSAS CITY, Mo. (AP) -Attorneys for former Kansas State football coach Ron Prince say university officials insisted that some details of Prince's contract be kept confidential.
The school filed suit in May challenging a deal between Prince and former athletic director Bob Krause that would pay Prince $3.2 million in deferred compensation from 2015-20.
Prince was fired last November, three months after signing the new, five-year contract that paid him $1.1 million a year. Prince was to be paid $1.2 million plus a $150,000 prorated longevity bonus if he were fired without cause.
In documents filed Monday, Prince's attorneys say the university agreed to guarantee the $1.2 million buyout and the school's Intercollegiate Athletic Council agreed to fund the remainder of his contract.
 

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