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OT: UNLV Can't Afford To Honor Mullin's Contract

Ben_Szilagy

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Feb 16, 2009
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From the Review Journal:

UNLV athletic director Erick Harper told the Board of Regents last week that his department can only cover the costs of the first two years of football coach Dan Mullen’s five-year contract.

At a meeting Friday in Henderson, Harper told regents that the university’s athletic department is $26 million to $31 million in debt. He then was asked by regent Joseph Arrascada how he plans to pay for Mullen’s $17.5 million contract.

“Because you have $3.5 million for five years … you’re running nearly $30 million in the red,” Arrascada said. “What is the plan to pay the coach, and how is it going to get done.”

Harper said he hopes to raise money through donations and increased revenue from football games to pay Mullen, hired in December to replace Barry Odom, for the final three years of his contract.
 
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