#1

ersity would receive the amount it paid for premiums, plus any remaining cash value, if the policy is surrendered or canceled be

in Team 06.08.2019 02:57
von jcy123 | 7.049 Beiträge

ANN ARBOR, Mich. -- Michigan has agreed to pay a $2 million annual life insurance premium for Jim Harbaugh, effectively increasing the football coachs pay to $7 million a year.In a contract addendum that went into effect June 3, Harbaugh is the owner of the policy, meaning he can take withdrawals or loans from the policy. He also picked the beneficiary.Michigan will make the payment each year from 2016 through 2021 if Harbaugh is coaching the Wolverines on Dec. 6 of those years. Because an initial $2 million payment was made in June, and another payment is due in December, Harbaugh actually will earn $9 million this year.The university would get its money back, without interest, when Harbaugh dies, with the beneficiary receiving the money that remains after Michigan is paid.Two other circumstances would allow for Michigan to get its money back. The university would receive the amount it paid for premiums, plus any remaining cash value, if the policy is surrendered or canceled before Harbaughs death, or the money would come from Harbaugh if he exercises his option to terminate the insurance arrangement if his employment contract is terminated.The policys death benefit is not stated in the contract addendum.Andrew Zimbalist, a Smith College professor specializing in sports economics, said he knew of no other insurance arrangement similar to Harbaughs.Im sure there have been death benefits, but this is extraordinary, Zimbalist said.Harbaugh is in the second year of a seven-year contract that began in December 2014. His base pay is scheduled to increase 10 percent after the third year.The Wolverines went 10-3 in his first season and are predicted by some to challenge Ohio State for the Big Ten East title this year.Harbaugh received a $2 million signing bonus that raised his compensation to $7 million for 2015, ranking second to the $7.1 million earned by Alabamas Nick Saban. Cheap Jordans For Sale .com) - The game was all punts and field goals before Kodi Whitfields catch. Air Jordan Nz Online . 1 position. The Mustangs (6-0), who beat Queens 50-31 last weekend, earned 17 first-place votes and 287 points in voting by the Football Reporters of Canada. Western was last ranked first in the country in October 2011. http://www.airjordannz.com/ . Nigeria beat surprise package Ethiopia 2-0 in the second leg of their playoff for a comfortable 4-1 aggregate victory. Victor Moses converted a 20th-minute penalty after an Ethiopian handball, and Victor Obinna made certain of Nigerias place in Brazil with his powerful free kick in the 82nd at UJ Esuene Stadium. Cheap Jordans Shoes Free Shipping . Boucher previously coached the Tampa Bay Lightning and had a 97-78-20 record over two-plus seasons. He was dismissed by the team last March after the Lightning struggled in the lockout-shortened season with a 13-18-1 record. Real Jordan Shoes Cheap . The Clippers were angry about blowing a big lead; the Kings didnt like being in that kind of hole and nearly digging themselves out only to lose. SANTA CLARA, Calif. -- Jarvis Pugh had a career-high 26 points on 9-of-10 shooting Saturday night and Santa Clara used a second-half rally to beat Northern Colorado 88-72.Santa Clara (2-2) erased a 10-point, first-half deficit and led 51-50 with 15:09 left when senior leader Jared Brownridge went to the bench with his fourth foul. The Bears (1-2) retook the lead briefly with Jonte Dotsons 3-point play, but Santa Clara rolled off 12 straight points and a 17-2 run ending at 70-55.When Brownridge returned with 6:57 lleft, the Broncos were up 70-60 and held on easily from there.dddddddddddd Nate Kratch added 17 points, Matt Hauser added 16, Kai Healy and Brownridge had 11 points each.Jordan Davis had 24 points, seven rebounds and 10 assists for Northern Colorado, which led nearly the entire first half, reaching a 10-point lead three different times. Ibrahim Sylla and Chaz Glotta added 15 points each. ' ' '

nach oben springen

©2010 by Peleth
Besucher
0 Mitglieder und 10 Gäste sind Online

Wir begrüßen unser neuestes Mitglied: maradiliko
Forum Statistiken
Das Forum hat 15177 Themen und 15339 Beiträge.