Forced to resign, Pernetti leaves with lovely parting gifts.
You might think the man could afford his own iPad and laptop.
Former Rutgers athletic director Tim Pernetti, forced to resign over his role in a scandal that also cost basketball coach Mike Rice his job, is leaving with some swell parting gifts: $1.2 million in salary, car allowance, health insurance … a laptop … and an iPad.
From that AP story:
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 in the next month. He gets the money even if he takes another job.
He also gets his $12,000 per-year car allowance through June 2014 and health insurance and pension payments through October 2015.
Pernetti also gets to keep his Rutgers-issued iPad and laptop computer.
OK, so we’re talking about a used iPad and a used laptop. It’s still a sweet deal for resigning in disgrace.
