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Old 08-26-2020, 04:10 AM   #10
A. Spectre
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Falwell set to receive 10.5 million as a departing door prize.


Jerry Falwell Jr. is expected to receive a $10.5 million severance package as he leaves his post as president of Liberty University. Falwell told The Washington Post that he will receive $2.5 million over the next two years, during which he will not work for a competing institution. He will then receive about $8 million in retirement as part of a contract he signed in July 2019.

“The board was gracious not to challenge that,” Falwell told the newspaper, maintaining “I haven’t done anything.” Liberty University officially accepted Falwell’s resignation on Tuesday, with the longtime university leader leaving the institution under a cloud of personal scandal.

Falwell first came under scrutiny earlier this month after he posted a photo of himself on a yacht with his arm around a young woman and his pants unzipped. A longtime business partner then claimed Falwell was a willing participant in a years-long affair involving his wife, Becki Falwell.

The couple has acknowledged the affair but has denied that Jerry Falwell was involved, claiming the former business partner was trying to blackmail the couple – allegations the former associate has dismissed.

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Dear Liberty parents,

THIS is what your tuition checks goes for little Doug and Deborah. Tuition may go up, Jerry can not possibly live on that small of a pittance. But now he has plenty of time to drink some "black water" and unzip his pants ALL in the name of good old-fashioned Christian values fun fun fun!
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