Riley and Eichorst are off the books.

[Old Nebraska Guy]

It is my opinion the lump sum settlements are discounted from the full contract value. 

The receiver of the settlement get the advantage of managing all of the money at once and the payer saves "a few bucks".  Both get to clear the books so to speak.

Check out the details of those late night TV adds ("It's my money and I want it now.") for companies the will buy your "structured settlement".

 

[Old Nebraska Guy]

Also,

Compare the Powerball payout for lump sum vs. 20 years of payments.  (annuity)

oops, already mentioned

 

[secretasianman]

If you added up the payments to Callahan, Pelini, Eichorst and Riley... I’m estimating that it far exceeds the total salary that NU paid Coach Osborne over 25 seasons.  

 

[HuskerDoo]

wow! thats nuts!

 

[Cdog923]

[No message]

 

[ColoradoHusk]

They can thank each other for their nice retirement packages.

 

[ScawFraw]

I'm not sure how to feel about this.  Is this great news or what?

 

[runningblind]

Remember all those folks super upset about Riley taking a $50k salary to stick it to NU? Yeah...

 

[ColoradoHusk]

I'm not sure how to feel about this.  Is this great news or what?

It's good to know that NU has enough cash laying around that it can afford the lump sum payments.

 

[4skers89]

I'm not sure how to feel about this.  Is this great news or what?

Depends on how big the lump sum payments were. Pelini goes off in February. Let’s throw a party!

 

[BigRedBuster]

So, are there any ex coaches..etc. we are still paying?  Don't think so.

 

[TheSker]

So, are there any ex coaches..etc. we are still paying?  Don't think so.

The article says Pelini......

 

[BigRedBuster]

The article says Pelini......

That has to be coming to an end soon.  It's 4 years since he was fired.

 

[ColoradoHusk]

That has to be coming to an end soon.  It's 4 years since he was fired.

Article mentions it ending in Feb. 2019, so they have 3 more payments.