This hardly ever happens, right!?!
And more here:New York Times
October 28, 2010
Binghamton Coach Gets $1.2 Million to Resign
By PETE THAMEL
The tumultuous tenure of Kevin Broadus, the coach who oversaw the Binghamton basketball program’s first N.C.A.A. tournament berth and also its subsequent implosion, has ended.
On Thursday, the university announced that Broadus had received a $1.2 million settlement to resign from the university. Binghamton’s president, C. Peter Magrath, said that Broadus would receive $819,115 from the Binghamton athletic department and that $380,884 would be paid by the State University of New York.
The payment, which exceeds the value of Broadus’s remaining contract, requires him to withdraw the racial discrimination lawsuit he filed in March and to relinquish his right to any other claims against the university. . . .
Broadus’s departure with $1.2 million has left many uneasy.
“It shows you where our priorities are,” said Bruce Svare, a psychology professor at SUNY Albany. “They certainly aren’t in terms of academic integrity and trying to get to the truth. It’s very upsetting and disappointing.” . . .
http://www.pressconnects.com/articl...0476/Magrath++We+ll+move+money+to+pay+BroadusThe payout comes at a time when SUNY's budget is strapped after $210 million in cuts this year, resulting in SUNY Albany's recent removal of several programs, and Zimpher being pressured to surrender her housing allowance and criticized for handing out $30,000 raises to her top administrators.