A Big 12 Buyout for Beebe

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A Big 12 Buyout for Beebe
Kevin Jairaj-USA TODAY Sports

Payments to former Big 12 commissioner Dan Beebe totaling nearly $5 million included both a bonus for negotiating a multiyear TV-rights deal and a severance package after he stepped down amid conference turmoil, reflecting the high stakes of college-sports realignment. The payments, which appeared in conference tax documents recently made public, also included part of Beebe's salary for the 2011-12 fiscal year and retention bonuses, Beebe said.

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