Skip to content

Report: Ex-Rutgers Mike Rice coach due $100,000 bonus

Apr 4, 2013, 10:57 AM EDT

spt-110718-mike-rice_standard

Turns out that fine and suspension won’t be hurting Mike Rice’s bank account all that much.

The former Rutgers men’s basketball coach, who was fired on Wednesday morning after a videotape showing verbal and physical abuse of his players was aired on ESPN, earned a $100,000 bonus for remaining employed throughout the season.

Rutgers is contactually obligated to pay the bonus as well, because Rice wasn’t fired until the season was over.

Rice was fined $50,000 and suspended without pay for three weeks back in December.

It will be interesting to see if a big deal is made out of this. Rutgers doesn’t really have a choice here. The bonus was in Rice’s contract. He made it through the season. It’s quite simple, really. It’s not exactly great PR given what caused Rice’s contract to be terminated, but Rutgers would be hit with a lawsuit if they decided not to pay him.

You can find Rob on twitter @RobDauster.

  1. patthehockeyfan - Apr 4, 2013 at 11:10 AM

    Rice has some serious issues. Maybe he’ll use the bonus to get help dealing with them. (written in all seriousness)

  2. whitdog23 - Apr 4, 2013 at 12:42 PM

    until the rutgers season was over or the ncaa basketball season??

  3. rayburns - Apr 4, 2013 at 2:43 PM

    So, in addition to the media firestorm and negative publicity, the delay in firing the coach costs Rutger’s an additional $100,000…

    The dominoes are only starting to fall….

  4. bg4866 - Apr 4, 2013 at 2:47 PM

    Hate to say it but he is probably owed the 50k he was fined back to him – since he was fired, its kind of double jeopardy

  5. amcphaull - Apr 4, 2013 at 3:03 PM

    Thank God that man didn’t do anything worse than what he did. How wonderful that would have been to see the Chancellor licking a stamp to mail the guy a 100K check while on his way to the funeral of slain players because the coach went ballistic and took everybody out.

    Heaven forbid the University considers violations in the Code of Conduct and any other of the umpteen HR policies the Coach violated as voids to at least these bonus clauses in the guy’s contracts.

    When it’s easier to collect 100K for doing nothing vs dealing with a superior kicking a subordinate in the ass and demeaning his person, there is a problem.

  6. mungman69 - Apr 4, 2013 at 4:12 PM

    This is f¥£ked up.

  7. lwhitlock59 - Apr 4, 2013 at 4:25 PM

    Why is the Rutgers AD also not getting fired. He chose to cover this up until ESPN busted him out

  8. cssidenver - Apr 4, 2013 at 4:44 PM

    Guy gets fired for despicable behavior yet Rutgers deems that he is still owed his $100,000 bonus. Surely they had a clause/s which addressed behavior which brought ill repute to the program – I believe they are called Morality Clauses or Ethics Clauses. Guess his real punishment will be the absolutely horrific kickback from the public How on earth didn’t this fool think/know that this behavior was sick!

    • florida727 - Apr 4, 2013 at 9:18 PM

      The ethics or morality clause(s) in his contract are only going to be tied to his employment unfortunately. The $100K is a date-sensitive line item that most likely doesn’t have any conditions tied to it other than “is he still the coach when their season ends”. Kind of weird but he goes home, “hi honey, we lost, made a hundred grand though, how was your day”. It’s the nature of contracts I guess. BTW, #whitdog23, it’s when THEIR season ends, not when the NCAA championship game is played. Too bad. This guy doesn’t deserve it. He’ll be lucky to get a job shoveling sh*t in Louisiana after this fiasco.

  9. barbeaux - Apr 4, 2013 at 10:56 PM

    Those former players of his should sue.

  10. ironman721 - Apr 13, 2013 at 2:28 PM

    Can somebody explain how an actual head coach at Rutgers can physically abuse and verbally abuse actually NCAA athletes with no repercussions on the university but an ex-coach at PSU abused children not under the umbrella of the NCAA has their university destroyed by the NCAA?

Leave Comment

You must be logged in to leave a comment. Not a member? Register now!

Featured video

Derrick Gordon says 'Why not me?'