Rutgers new athletics director Pat Hobbs is eligible for up to $50,000 in bonuses that could push his annual salary over $600,000, according to a review of the memorandum of understanding that he signed as an official contract awaits execution. The agreement is for five years with a base of $560,000, but it states that on the last day of the third contract year and on the last day of every subsequent absent notice of termination without cause or notice of non-renewal the contract will automatically extend for one additional year, as first reported by Gannett New Jersey. -Ryan Dunleavy, app.com– Read More
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