Outlined in a 29-page document obtained by Gridiron Now via a Freedom of Information request, Phillip Fulmer has numerous bonus opportunities, an additional $60,000-plus in de facto annual income aside from his specified salary, and a downward-escalating buyout clause in his four-year pact with the University of Tennessee to serve as athletic director.
Perhaps coincidentally, Fulmer inked the contract – as did then-Chancellor Beverly Davenport – on April 18 which specified first and foremost that he report directly to the chancellor. Davenport was shamed out of office via a scathing rebuke from UT President Dr. Joe DiPietro two weeks to the day after Fulmer formally signed on for an extended tenure.