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UA reaches agreement with Ianello |
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The University of Akron announced that it reached an agreement Tuesday with former head football coach Rob Ianello.
Under the terms of the agreement, Ianello will resign from the university to accept a coaching position elsewhere. He will forego three years of guaranteed employment with The University of Akron, with a base salary and benefits totaling in excess of $ 1 million, in return for receiving a one-time $250,000 payment – a savings of more than $750,000 in salary and benefits he would have received had he stayed at in a reassigned position for the three years remaining on his contract.
The agreement will be recommended by President Luis Proenza for approval by the University’s Board of Trustees at its next meeting, scheduled for January 18, 2012
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