Tennessee would have paid Ohio State defensive coordinator Greg Schiano nearly $28 million over the life of a contract had he been hired as their next head football coach.
Tennesse released the memorandum of understanding between former athletic director John Currie and Schiano before the deal was scrapped, partly due to the backlash from fans, politicans and others once word got out that Schiano was on the verge of being hired.
The memorandum of understanding was not signed by Chancellor Beverly Davenport, but was signed by Currie and electronically signed by Schiano before he was scheduled to fly to Knoxville to be introduced as the new coach.