Nightly News   |  April 06, 2013

Big settlement for former Rutgers coach

Former Rutgers head basketball coach Mike Rice will receive $1 million as part of his contract. Former athletic director Tim Pernetti will reportedly receive more than $1 million for resigning as part of a settlement. NBC’s Lester Holt reports.

Share This:

This content comes from Closed Captioning that was broadcast along with this program.

>>> head basketball coach mike rice was fired, and director tim pernetti resigned after news emerged of abusive behavior by rice over some of his players. rice will receive $1 million as part of his contract. pernetti will receive over a million dollars for resigning as part of the settlement.