Bill Snyder retired as Kansas State’s football coach earlier this month, but the university plans to pay his $3 million contract buyout as if he was terminated from the job without cause.
Why?
“The buyout is just something I wanted to do,” K-State athletic director Gene Taylor said on Wednesday. “I think he deserved it for everything he has done.”
Taylor went on to say the $3 million, which the university will pay over the next three years, is “not really a buyout.”
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