Clemson President: No State Funds In Tommy Bowden’s Buyout

Clemson President: No State Funds In Tommy Bowden’s Buyout

Clemson University President Jim Barker has sent a note to the school’s faculty ensuring them the money to buy out football coach Tommy Bowden’s contract won’t come from state money or student fees. The Greenville News obtained the e-mail Barker sent earlier this week.

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CLEMSON, S.C. (AP) - Clemson University President Jim Barker has sent a note to the school’s faculty ensuring them the money to buy out football coach Tommy Bowden’s contract won’t come from state money or student fees.

The Greenville News obtained the e-mail Barker sent earlier this week.

In the e-mail, Barker tells the faculty the $3.5 million paid to Bowden over six years will come from athletic department funds the school had in reserve when Bowden was signed to a contract
extension last season.

The slowing economy has led state officials to warn Clemson and other universities they will likely face a midyear budget cut.

Bowden stepped down Monday. Athletic director Terry Don Phillips agreed to pay the buyout even though Bowden was not fired.

(Copyright 2008 by The Associated Press.  All Rights Reserved.)

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