Michigan to pay $2.5M, Rodriguez $1.5M to satisfy WVU buyout
MORGANTOWN, W.Va. -- Former West Virginia University football coach Rich Rodriguez and the University of Michigan have agreed to pay a $4 million buyout clause and settle a lawsuit that WVU filed after he broke his contract in December.
Rodriguez will pay $1.5 million in three annual payments beginning January 2010. The Wolverines athletic department, his new employer, will pay $2.5 million by the end of July and cover Rodriguez's legal fees, the University of Michigan said in a statement.
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