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Old 06-20-2009, 10:58 AM   #1
mikeyis4dcats. mikeyis4dcats. is offline
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It is a mess, but it would be very interesting to see the results of similar audits of other universities.
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Old 06-20-2009, 11:15 AM   #2
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Quote:
Originally Posted by mikeyis4dcats. View Post
It is a mess, but it would be very interesting to see the results of similar audits of other universities.
Probably find that they pay the athletes instead of the suits.
Seems to be the formula for success.
KSU should try it!
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Old 06-20-2009, 12:13 PM   #3
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Originally Posted by mikeyis4dcats. View Post
It is a mess, but it would be very interesting to see the results of similar audits of other universities.
Maybe I'm wrong, but I don't think other universities will have to release their audits.
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Old 06-20-2009, 04:05 PM   #4
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It will be interesting to see how Snyder was involved with that payment.
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Old 06-20-2009, 05:46 PM   #5
mikeyis4dcats. mikeyis4dcats. is offline
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It will be interesting to see how Snyder was involved with that payment.
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.
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Old 06-20-2009, 05:47 PM   #6
mikeyis4dcats. mikeyis4dcats. is offline
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Maybe I'm wrong, but I don't think other universities will have to release their audits.
No idea. I'm just wondering for an institution of this size, how commonplace discrepancies and lax practices are.
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