"Bellotti is not involved. Last Friday, he announced that he will be resigning on April 5 to take a broadcasting job with ESPN, leaving much unfinished business at Oregon but taking with him $2.3 million.
Bellotti will get $600,000 by May 1, then monthly payments of $25,000 "to assist Bellotti in seeking a transition to other employment opportunities currently available to him," according to his release agreement with the school, which specifies April 30 as the effective resignation date.
Bellotti signed the agreement on March 16, the same day he announced the dismissal of basketball coach Ernie Kent and the day before he signed a deal with ESPN to provide analysis and color commentary for college football games."
Got love that. Get paid to quit. I want that deal.
http://blog.oregonlive.com/behindducksbeat/2010/03/mike_bellottis_golden_parachut.html