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Joined: 01/05/2001 Posts: 11247
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I'm guessing that your salary figure for Wolff includes next year too?


Dennis Wolff's annual base salary was $233,486 per year. His contract included a retention incentive worth $132,000. Wolff also received an annual $10,000 check from Nike along with a free car and free country club membership. I'm assuming that Dennis will leave Tech with an extra $233,486 from his remaining year of his terminated contract. I'm also guessing that he won't receive the entire $233,486 this spring but will have it divided into several payments over a certain amount of years, similar to Seth Greenberg and James Johnson.

I'm sure that Dennis will likely find another job but he could retire with the money he'll be receiving in the next few years. I could live off of 3 payments of $77,828.67 over a period of 3 years (Wolff would be 64 when those payments ended in 2019).

(In response to this post by tweed7)

Posted: 03/26/2016 at 11:44PM



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