Auburn athletic director Jay Jacobs will never have to work again.
The Times-Daily reports Jacobs will make $540,000 per year from his state retirement once he steps down.
The exact amount of Jacobs’ annual retirement benefit hasn’t yet been calculated, but Yancey last week said it will be at least $45,000 a month, and potentially more.
“We’re reviewing his contracts to determine the eligibility of certain incentive payments (toward his retirement benefit),” Yancey said.
Rewards for winning seasons written into his contract apply to his retirement benefit.
He has been the Tigers athletic director since 2004.