Report: Bill Moos receiving nice paycheck from Nebraska as part of exit agreement
Former Nebraska athletic director Bill Moos will be receiving a seven-figure paycheck from the school as part of an “exit agreement,” according to a report from Sam McKewon of the Omaha World-Herald.
Last week, Moos announced that he would be retiring from his post as athletic director at Nebraska. He had been in the position for less than four years but was responsible for hiring head football coach Scott Frost, head men’s basketball coach Fred Hoiberg and head baseball coach Will Bolt.
Nebraska Athletics is paying Bill Moos nearly $3 million as part of an exit agreement.
In other words, Nebraska is ready – and motivated – to move on.
— Sam McKewon (@swmckewonOWH) July 1, 2021
Per McKewon’s report, Moos will receive $3 million as part of the exit agreement. It includes Moos’ full salary for the 2021-22 academic year.
Moos’ final day on the job was June 30. He previously said he wanted to finish his contract, which was set to expire soon after the 2022 football season.
“To understand just how special Nebraska is, you need to spend time here, meet our people, visit our cities and towns and sit in Memorial Stadium in a sea of red on a Saturday afternoon in the fall,” Moos said in a statement. “I step away completely content, knowing that our athletic program is reborn and rebuilt and that it has a solid, stable foundation.”
Garrett Klassy will step in as interim athletic director.