Ching...
http://www.nj.com/news/index.ssf/2013/04/mike_rice_tim_pernetti_rutgers.html
"Pernetti — under a settlement agreement obtained by The Star-Ledger — will be paid more than $1.2 million in return for his resignation. Under the terms of his contract, Rice is entitled to receive more than $1 million."
"...In a deal signed this morning, Pernetti agreed to voluntarily leave in exchange for a significant buyout package. The term sheet, obtained by The Star-Ledger through an Open Public Records Act request, will pay the athletic director his full base contractual salary, annualized at $453,000 through June 2014 — in addition to any bonuses based on the academic progress of students, financial goals and competitive success of any of the school’s revenue sports.
He will also receive another lump-sum payment equivalent to another year and a half of salary .
A $12,000 annual automobile stipend will continue to be paid as well through June 2014, along with health and pension benefits through October 2015. He also gets to keep his iPad and laptop computer. The package was worth more than $1.25 million, not including bonuses."
Article includes a copy of Tyler Phommachanh's settlement and release of claims.