George O’Leary may be retiring as head football coach but his wallet won’t be retiring from the athletics department…
O’Leary will remain on payroll until March 2020 receiving an annual base salary of $200,000, according to his contract.
KnightNews.com obtained a copy of O’Leary’s contract which states that O’Leary will be employed as “Special Liaison to the the Director of Athletics on Football Operations from January 5, 2015 through March 15, 2020.”
The contract states that O’Leary will work under the Athletics Director during the “Special Liaison Period” and that he “shall not be required to render more than twelve (12) hours of service to the Association in any one year” of the liaison period.
That means that O’Leary will be making over $16,000 an hour.
The contract also restricts O’Leary from accepting a head coach position at another FBS institution during his liaison period.
O’Leary is entitled to a personnel benefits package and will not be eligible for leave benefits, the contract says.
For more coverage on O’Leary’s retirement announcement:
