Ex-Party Animal Eustachy Gives Back $25K Bonus

Southern Mississippi gave Larry Eustachy a second chance after the former Iowa State coach’s career had gone belly up in 2003 after photos of him partying with students at Missouri came to light. At this point, I think it’s fair to say that his comeback has been a bust (and not a beer bust, either). After leading Cyclones to two NCAA tournament appearance in five seasons, he has yet to get the Golden Eagles to the post-season in his first four seasons, and at 14-14 it isn’t happening this year either.

Larry Eustachy

So THE NEW YORK TIMES says that Eustachy did the right thing: he gave back a $25,000 bonus he had earned through ticket sales and various incentives. Granted, he kept his $380,000 base salary, and this might be seen as a cheap way to generate some goodwill and avoid being fired, but still: that’s about 3,000 12-packs of Natural Light we’re talking about (plus enough left over to keep the Omega Chi fire pit going all semester).

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