FAYETTEVILLE, Ark. (AP) - Arkansas coach John L. Smith appears to have structured the bulk of his $850,000 salary to be paid after the likely end of his bankruptcy proceedings.
Smith, who was hired to a 10-month contract in April, filed for Chapter 7 bankruptcy in early September. An amended filing last week showed the former Michigan State and Louisville coach has $40.7 million in liabilities and $1.3 million in assets.
Smith's original letter of agreement in April called for him to be paid $425,000 in equal month installments from the university and the same amount from the athletic department's fundraising arm, the Razorback Foundation.
His finalized contract, signed in July, shows Smith will receive $600,000 of his salary following the end of the regular season in December and into early next year.

Recent NCAAF Discussions

CFL Betting News and Notes Week 1 on Sat, Jun 2017 by Blade
SEC Schedule Breakdown on Thu, Jun 2017 by Blade
College Football Conference Previews on Tue, Jun 2017 by Blade
College Football Quarterback Rankings on Thu, Jun 2017 by Blade
Handicapping 2017 Win Totals on Mon, Jun 2017 by Blade

NCAAF Headlines

NCAAF Top Stories

Thumbnail Updated 2017 Heisman Odds Is USC quarterback Sam Darnold still favored to win the 2017 Heisman Trophy?
Thumbnail Big Ten Championship Odds to Win Are the Ohio State Buckeyes clear favorites to win the Big Ten Championship this upcoming college football season?
Thumbnail ACC Conference Championship Odds Clemson is the defending national and ACC champions but will they win the conference in 2017?

NCAAF Team Pages