Cam Newton Investigation Could Cost Auburn Coach Gene Chizik Millions

Cam Newton Investigation Could Cost Auburn Coach Gene Chizik Millions

NCAAF

Cam Newton Investigation Could Cost Auburn Coach Gene Chizik Millions

Financial Consequences: The Cam Newton investigation could have serious financial ramifications for Auburn head coach Gene Chizik. Under the terms of his contract, Auburn could suspend his $60,000 monthly payments if there is an NCAA investigation. The $1.45 million in bonuses he’s eligible to receive are “subject to their being no major violations.” If he’s terminated with cause because of violations, he could be forced to repay a $750,000 loan Auburn gave him to buy out his contract. [USA Today]

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