ND Fires Weis, Owes Him $18 million

Notre Dame finally admitted that it made a mistake by giving an accomplished, but unproven in college, head coach a TEN YEAR EXTENSION just SEVEN GAMES INTO HIS TENURE at the school.

That mistake appears to be very costly.  According to the Sporting News, Notre Dame owes Weis an $18 million buyout, plus $1 million for the guaranteed contracts of it’s coaches. Ouch!

By the way, the athetic director that hired Weis, after objecting to the Uinversity’s request to fire then coach Ty Willingham, left the school for Duke last year. Guess he saw this coming.

What’s the lesson here?  Stop taking regular jobs and find a job where you can sign a CONTRACT.  That way, even when they kick you to the curb, they will also have to throw out a big bag of money for you to land on.