Dwain Price of the DALLAS MORNING NEWS reports that Texas Tech has not paid Mike Leach $1.7 million he is owed for “work he performed for the school during the 2009 season.”
Like most football factories, Texas Tech compensated Leach with a small base salary supplemented by “outside income” sources. Those sources include radio and TV appearances and an apparel endorsement - a controlled by Tech officials.
According to Leach’s contract, Tech is supposed to pay him $1.6 million in guaranteed outside athletics-related personal income. He also was slated to collect an additional $25,000 because Tech played in a bowl, $25,000 because the Raiders finished the season ranked No. 21 in the final Associated Press poll, $25,000 because Tech won five Big 12 games, and $25,000 because its football program’s graduation rate was above 65 percent.
When contacted by Price, Tech Athletic Director Gerald Myers confirmed that Leach hadn’t been paid most of his 2009 salary. Read more…