Wednesday, April 15, 2009

KU’s Lew Perkins in line for extra $750,000 in retention bonus - KTKA.com

KU’s Lew Perkins in line for extra $750,000 in retention bonus - KTKA.com

Kansas University’s athletics director could be in line for $750,000 more this summer than originally planned in his contract.

KU added the amount to a retention payment due to Lew Perkins this summer after he declined efforts made by another university in June 2006 to recruit him as its athletic director, said Lynn Bretz, a KU spokeswoman.

That university had notified both KU and Perkins that it was interested in recruiting him away, Bretz said Tuesday.

That brings the total amount of the payment from the original $1.3 million to $2.05 million, after taxes. That’s about a 58 percent increase from the original.


I have a feeling that if Mr. Perkins worked for a mortgage company or bank, we would have heard politicians making a big deal over this. But because he is at KU, the money can be spent this way with nary a word said. Of course, should the Jayhawks not make a bowl game next fall, all that could change, right?

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