Quote:
Originally Posted by Pitt Gorilla
It will be interesting to see how Snyder was involved with that payment.
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what does it matter? It was made compliant to his contract. It was not compensation above what was due. in fact, the audit shows he still is owed over 900k from his previous stint in deferred compensation.
The ONLY possible issue for anyone is the tax implications, however there is ZERO indication either way as to if appropriate taxes were paid by Weiser, Snyder, and the rest.
Payment to private LLCs is commonplace for coaches. Many structure their contracts such that all non-base salary is paid to LLCs.