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(USA Today) Followup Paterno entitled to a $500,000/yr pension for the rest of his life, but before you get all outraged, that means Penn State is only likely to be out a couple of Mil, max   (usatoday.com) divider line 126
More: Followup, Joe Paterno, Penn State, Jerry Sandusky, Internal Revenue Code, football coach  
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1080 clicks; posted to Sports » on 16 Nov 2011 at 2:56 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



126 Comments   (+0 »)
   

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2011-11-16 12:26:04 PM
That's one well-paid mascot.
 
2011-11-16 12:33:35 PM
Remember to "pray a little bit" for the victims, too... Just a little bit, though.

Joe would do it, but he's too busy counting money.
 
2011-11-16 12:34:11 PM
I'm actually surprised he hasn't died already. His life is coaching.
 
2011-11-16 12:37:53 PM
Meh. Newt Gingrich, George Bush, Dick Cheney, and Alan West will all receive large pensions for the rest of their lives, and they've done far worse.
 
2011-11-16 12:39:37 PM
IIRC, Joe is also the highest paid public employee in the Commonwealth.
 
2011-11-16 12:42:22 PM
Jamdug!: That's one well-paid mascot.

Retired Fired mascot. They have a new one:

i2.photobucket.com

what_now: Meh. Newt Gingrich, George Bush, Dick Cheney, and Alan West will all receive large pensions for the rest of their lives, and they've done far worse.

Did you just "But Bush" a Joe Paterno thread? I am disappoint.
 
2011-11-16 12:48:44 PM
I see what you did there subby
 
2011-11-16 12:52:31 PM
Angry Drunk Bureaucrat: IIRC, Joe is also the highest paid public employee in the Commonwealth.

I thought Penn State was a private school and only `state associated'. I didn't know the state actually paid salaries there. I guess it doesn't really matter, but I'll file that in my trivia file regardless.
 
2011-11-16 12:53:17 PM
Nabb1: Did you just "But Bush" a Joe Paterno thread? I am disappoint.

I'm not outraged at people getting pensions for doing a bad job. I just used a few examples.
 
2011-11-16 12:58:41 PM
nekom: Angry Drunk Bureaucrat: IIRC, Joe is also the highest paid public employee in the Commonwealth.

I thought Penn State was a private school and only `state associated'. I didn't know the state actually paid salaries there. I guess it doesn't really matter, but I'll file that in my trivia file regardless.


Yeah, it's a grey area, to be sure, but I think that for all intents and purposes Penn State employees are considered to be public employees.
 
2011-11-16 01:00:54 PM
Angry Drunk Bureaucrat: nekom: Angry Drunk Bureaucrat: IIRC, Joe is also the highest paid public employee in the Commonwealth.

I thought Penn State was a private school and only `state associated'. I didn't know the state actually paid salaries there. I guess it doesn't really matter, but I'll file that in my trivia file regardless.

Yeah, it's a grey area, to be sure, but I think that for all intents and purposes Penn State employees are considered to be public employees.


I think Penn State's position is this: for purposes of pay and lucrative pensions, we are a public employees, but our institute is private and therefore not subject to public records laws or FOIA, so piss off with all the requests.
 
2011-11-16 01:02:47 PM
Nabb1: I think Penn State's position is this: for purposes of pay and lucrative pensions, we are a public employees, but our institute is private and therefore not subject to public records laws or FOIA, so piss off with all the requests.

Got to love a good shell game.
 
2011-11-16 01:03:08 PM
keylock71: Remember to "pray a little bit" for the victims, too... Just a little bit, though.

Joe would do it, but he's too busy counting money.


It's really tough to not agree with this perspective. First it was Penn State football is more important than kids getting raped. Now it turns out he's been protecting his assets from civil suits for months. Link (new window)

How far can this guy fall?
 
2011-11-16 01:05:06 PM
nekom: Angry Drunk Bureaucrat: IIRC, Joe is also the highest paid public employee in the Commonwealth.

I thought Penn State was a private school and only `state associated'. I didn't know the state actually paid salaries there. I guess it doesn't really matter, but I'll file that in my trivia file regardless.


Apparently whether they are a "state school" or not depends on whether people are requesting info from them under the state FOIA laws, in which case they are a private school and therefore exempt, or whether people are contemplating suing them over this whole mess, in which case, apparently they are a state school and therefore protected by sovereign immunity (new window)
 
2011-11-16 01:07:20 PM
lennavan: keylock71: Remember to "pray a little bit" for the victims, too... Just a little bit, though.

Joe would do it, but he's too busy counting money.

It's really tough to not agree with this perspective. First it was Penn State football is more important than kids getting raped. Now it turns out he's been protecting his assets from civil suits for months. Link (new window)

How far can this guy fall?


Not that far, he's not that tall.
 
2011-11-16 01:10:51 PM
Magorn: nekom: Angry Drunk Bureaucrat: IIRC, Joe is also the highest paid public employee in the Commonwealth.

I thought Penn State was a private school and only `state associated'. I didn't know the state actually paid salaries there. I guess it doesn't really matter, but I'll file that in my trivia file regardless.

Apparently whether they are a "state school" or not depends on whether people are requesting info from them under the state FOIA laws, in which case they are a private school and therefore exempt, or whether people are contemplating suing them over this whole mess, in which case, apparently they are a state school and therefore protected by sovereign immunity (new window)


I didn't think it was possible to become even more disgusted with that institution, but damn, they excel at finding new ways to be sleazy. That said, if they better carefully scrutinize every pleading they've ever filed in court on the "private institution" argument, because judges generally hate parties that suddenly change long-argued positions based on the situation.
 
2011-11-16 01:14:15 PM
Nabb1: I didn't think it was possible to become even more disgusted with that institution, but damn, they excel at finding new ways to be sleazy. That said, if they better carefully scrutinize every pleading they've ever filed in court on the "private institution" argument, because judges generally hate parties that suddenly change long-argued positions based on the situation.

Judges in Pennsylvania aren't exactly known for their scruples.
 
2011-11-16 01:17:20 PM
If he was any more of a pimp, we'd have to call him "Huggy Bear Paterno"
 
2011-11-16 01:17:31 PM
Jamdug!: That's one well-paid mascot.

He's been on well-paid mascot for a decade now...
 
2011-11-16 01:19:17 PM
Walker: lennavan: keylock71: Remember to "pray a little bit" for the victims, too... Just a little bit, though.

Joe would do it, but he's too busy counting money.

It's really tough to not agree with this perspective. First it was Penn State football is more important than kids getting raped. Now it turns out he's been protecting his assets from civil suits for months. Link (new window)

How far can this guy fall?

Not that far, he's not that tall.


You're forgetting. In Pennsylvania, Paterno's feet never touch the ground.
 
2011-11-16 01:22:22 PM
The whole signing over all the property to his wife two months before investigation broke on the national news bothers me more than this. I think that's way high for a pension but these are all things that were brokered before any of this stuff was known. It's contractual.
 
2011-11-16 01:24:49 PM
coco ebert: The whole signing over all the property to his wife two months before investigation broke on the national news bothers me more than this.

Yeah, that's pretty shifty. I wonder if it's technically in violation of any laws. Try doing that 2 months before a bankruptcy filing, see what the trustee thinks of that.
 
2011-11-16 01:25:18 PM
Heh...

www.totalprosports.com
 
2011-11-16 01:28:41 PM
Nabb1: Magorn: nekom: Angry Drunk Bureaucrat: IIRC, Joe is also the highest paid public employee in the Commonwealth.

I thought Penn State was a private school and only `state associated'. I didn't know the state actually paid salaries there. I guess it doesn't really matter, but I'll file that in my trivia file regardless.

Apparently whether they are a "state school" or not depends on whether people are requesting info from them under the state FOIA laws, in which case they are a private school and therefore exempt, or whether people are contemplating suing them over this whole mess, in which case, apparently they are a state school and therefore protected by sovereign immunity (new window)

I didn't think it was possible to become even more disgusted with that institution, but damn, they excel at finding new ways to be sleazy. That said, if they better carefully scrutinize every pleading they've ever filed in court on the "private institution" argument, because judges generally hate parties that suddenly change long-argued positions based on the situation.


I know if I was a victim's lawyer I'd be throwing the phrase "collateral estoppel " around like it was going out of style.
 
2011-11-16 01:42:54 PM
lennavan: Walker: lennavan: keylock71: Remember to "pray a little bit" for the victims, too... Just a little bit, though.

Joe would do it, but he's too busy counting money.

It's really tough to not agree with this perspective. First it was Penn State football is more important than kids getting raped. Now it turns out he's been protecting his assets from civil suits for months. Link (new window)

How far can this guy fall?

Not that far, he's not that tall.

You're forgetting. In Pennsylvania, Paterno's feet never touch the ground.


MY GOD MAN! YOU'RE RIGHT!
 
2011-11-16 01:49:37 PM
Public outcry doesn't automatically invalidate prior contracts! Film at 11.
 
2011-11-16 03:00:23 PM
He's 84, not much "life" left there
 
2011-11-16 03:00:40 PM
MOST universities pay insane pensions to the former heads of their rape programs.
 
2011-11-16 03:01:57 PM
unlikely: MOST universities pay insane pensions to the former heads of their rape programs.

Ironically, you can voluntarily refuse the pension.
 
2011-11-16 03:03:55 PM
He worked for PSU for 60 years, you're surprised he's got a big pension?

You'd hate to see how much Nick Saban gets paid.
 
2011-11-16 03:05:01 PM
I don't see what all of the outrage over his pension is for. He worked for the school and therefore he is entitled to a pension. If you want to argue about how much he is getting that is fine, but also remember that over his time there he is probably responsible for bringing in 100x more money to the school than this 500k a year they are going to pay him. There are things to be legitimately pissed off at Paterno for, but this isn't one.
 
2011-11-16 03:10:47 PM
He should donate it to the victims fund.
 
2011-11-16 03:13:37 PM
Not much to do in Central Pa. is there?

Link (new window)

Sandusky's lawyer impregnated a 16 yo who worked in his office. He married her later. He was 49.

Yikes. What is wrong with these guys?
 
2011-11-16 03:13:40 PM
GAT_00: I'm actually surprised he hasn't died already. His life is coaching.

Guy on sportstalk radio station in Atlanta mentioned that Bear Bryant died within about a month of coaching his last game. He suggested that JoePa may take a similar course. Kind of makes sense.


/Hoping Sandusky follows suit
 
2011-11-16 03:15:31 PM
nekom: I thought Penn State was a private school and only `state associated'.

I have no idea where this ridiculous idea comes from.
 
2011-11-16 03:16:24 PM
GAT_00: I'm actually surprised he hasn't died already. His life is coaching.

yep, i'm figuring it's going to be less than six months. and that will be better for his image. the public loves dead people, even dead people with a questionable past regarding kiddy-farking (see: jackson, michael).

/no, i'm not saying joepa farked a child
//he just willfully covered kiddy-farking up for a decade or more
///maybe god will forgive him
 
2011-11-16 03:16:26 PM
Misplaced outrage is misplaced.

He has actually been pretty underpaid as a head football coach at PSU (See: http://www.usatoday.com/sports/college/football/2010-coaches-contracts -database.htm). When you put in 60 years at a public institution and make around $1mil, I don't see a problem with a pension that high.

Some of the inferior coaches making more than Paterno in 2010:

Ron Zook
Kirk Ferentz
Jim Grobe
Mark Richt
Jeff Tedford
June Jones
Turner Gil
Charlie Strong
David Cutliffe
 
2011-11-16 03:17:00 PM
That was the deal they agreed to.
 
2011-11-16 03:18:50 PM
nekom: coco ebert: The whole signing over all the property to his wife two months before investigation broke on the national news bothers me more than this.

Yeah, that's pretty shifty. I wonder if it's technically in violation of any laws. Try doing that 2 months before a bankruptcy filing, see what the trustee thinks of that.


In bankruptcy that would be a fraudulent conveyance, the transfer has to age quite a while before it would pass muster.
 
2011-11-16 03:19:10 PM
DrewCurtisJr: He should donate it to the victims fund.

The Catholic Church should also donate all its revenue for the past 100 years to victim funds around the world. Nice/reasonable concept but it won't happen.

/Penn State made 50 Million a year on football all while supporting child rape since the 1990's. They should donate 20 x $50 Million (a cool $1B) to children support programs in the US
 
2011-11-16 03:21:10 PM
ark2612: He has actually been pretty underpaid as a head football coach at PSU (See: http://www.usatoday.com/sports/college/football/2010-coaches-contracts -database.htm). When you put in 60 years at a public institution and make around $1mil, I don't see a problem with a pension that high.

Pensions are supposed to go to people who have been productive for their employer. The only thing JoePa produced for Penn State was a bunch of victims of rape, sexual abuse, and molestation who will never have normal lives.
 
2011-11-16 03:21:37 PM
DrewCurtisJr: He should donate it to the victims fund.

You mean his own defense fund? Because clearly he's the victim here.
 
2011-11-16 03:21:53 PM
ark2612: Misplaced outrage is misplaced.

He has actually been pretty underpaid as a head football coach at PSU (See: http://www.usatoday.com/sports/college/football/2010-coaches-contracts -database.htm). When you put in 60 years at a public institution and make around $1mil, I don't see a problem with a pension that high.

Some of the inferior coaches making more than Paterno in 2010:

Ron Zook
Kirk Ferentz
Jim Grobe
Mark Richt
Jeff Tedford
June Jones
Turner Gil
Charlie Strong
David Cutliffe


Do you know that all these coaches have in common?

Yup, They didn't cover up child rape.

/had to go there. fish, barrel, etc
//not really bothered by pension. The guy did work for 64 years and hasn't been convicted of anything, yet.
 
2011-11-16 03:23:28 PM
Angry Drunk Bureaucrat: IIRC, Joe is also the highest paid public employee in the Commonwealth.

in almost all states with a bcs football program at one of their public universities, the head football coach is the highest paid state employee. usually, by a sizable margin.

/sometimes, it's the basketball coach.
 
2011-11-16 03:27:26 PM
Serious Black: ark2612: He has actually been pretty underpaid as a head football coach at PSU (See: http://www.usatoday.com/sports/college/football/2010-coaches-contracts -database.htm). When you put in 60 years at a public institution and make around $1mil, I don't see a problem with a pension that high.

Pensions are supposed to go to people who have been productive for their employer. The only thing JoePa produced for Penn State was a bunch of victims of rape, sexual abuse, and molestation who will never have normal lives.


well to be fair he also produced institutional shame and massive liability and future civil damages.

/i have no problem with the pension. it's the cover-up of kiddy-farking that bugs me.
 
2011-11-16 03:30:13 PM
$2 million? I'm guessing Paterno doesn't last a year without coaching. PSU made a good deal.
 
2011-11-16 03:38:55 PM
He is worth every penny for keeping Penn State's image untarnished for an extra dozen years.
 
2011-11-16 03:40:21 PM
oi43.tinypic.com
 
2011-11-16 03:44:01 PM
keylock71: Remember to "pray a little bit" for the victims, too... Just a little bit, though.

Just the tip of my prayers.
 
2011-11-16 03:47:53 PM
velvet_fog: $2 million? I'm guessing Paterno doesn't last a year without coaching. PSU made a good deal.

I'd almost feel bad for him if so manyof his ex-players, particularly the black ones, didn't describe him as such an SOB (I'm curious what Lavarr Arrington has had to say on this whole scandal since he's never hidden his contempt for Joe Pa even before this )
 
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