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Gordon Gee is getting a 5.8 million dollar buy out over 5 years, and that includes an office, a secretary and other perks.
Are you kidding me?
Ramzy Nasrallah @ramzy 1m
Ohio State's 2011 fundraising - spearheaded by Gordon Gee - was $407.6MM. One fucking year. Go ahead, freak out about his little parachute.
BTW, 9595 had this about 3 hr ago
So a little over a million a year for five years. Ramzy made a post on Twitter that stated Gee helped raise over 407 million in 2011 alone. Gee was president for 13 years. I'm okay with this.
Gordon Gee is the man! Good for him.
We are coming for you Bama!
I'm sure you would be totally offended an turn down that buyout right?? Give me a break!!!
But they say it's not enough money to pay players
This post was edited by Akron Zip BucKi 12 months ago
FACEBOOK ====== >>>> https://www.facebook.com/pookee.lemar
If amything I'd say Gee had reason to want more. He raised billions of dollars for the university, he earned it
Plus he'll still be a fund raiser moving forward as president emeritus.
"Playing here is the closest thing to heaven on earth..." - Brian Rolle
As far as college presidents go, Gee is one of the best and certainly worth it for OSU.
HOWEVER, I can't help but point out that Gee is the quintessential "Big Education" fat cat, not too different from the villainized fat cats on Wall Street/Big Oil/Big Pharma.
(not that there's anything wrong with that)
Much of that $407M/year came from either the taxpayers pockets (public/private partnership grants) or mega-corporations with massive strings attached (i.e. mega-corporation donates tax-deductible $$$ for free research, facility use, and patent rights).
Meanwhile tuition and fees continue to rise and the value of a diploma continues to fall. Big Education works for the Administrators within in Big Education and I'd be surprised if even $5.8M of the $407M ever trickled down to benefit the average OSU student.
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