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The Hits Just Keep On Coming: K-State May Owe Ron Prince $3.2 Million

Kansas City Star

Topeka Capital-Journal

Wichita Eagle

K-State's Lawsuit (.pdf)

I have yet to read K-State's petition, so I can't yet offer my commentary on this, but I'm at a loss for words right now.  It's unfathomable to me that a person who was put in charge of a BCS-conference athletic department would think it was acceptable to enter into a secret agreement with a football coach for deferred compensation.

One thing is for certain.  Well, maybe two.  First, any shred of respect I may have retained for Bob Krause is gone.  Second, while nobody can deny the inestimable good Jon Wefald did for Kansas State University, the farcical nature of the events constituting the end of his term as university president obscure the view of the first 18 years.  At best, he showed incredibly poor judgment by micro-managing and forcing out an athletic director who ran the department well and had it operating in the black.  At worst...well, honestly I don't know the worst-case scenario right now.  It was bad enough that we had squandered the entire surplus that Tim Weiser built on buyouts for Weiser himself and Ron Prince.  On top of that, it now appears that Wefald installed an athletic director who was so inestimably bad at his job that his mismanagement could cost the school millions more dollars.

I'm simply beside myself right now.  Consider this your open thread to say whatever you want about the current situation.  More from me when I actually have a chance to fully analyze the situation.

0 recs  |  Comment 27 comments |

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Comments

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I read this

and was completely shocked. I just couldn’t fathom how could anyone do this to their athletic department. This is an absolutely crazy story.

Go Raiders . . .
Double-T Nation

by Seth C on May 20, 2009 9:14 PM CDT reply actions   0 recs

This story...

…would be insane enough as it is. But when you factor in that Krause has been at K-State as long as Wefald has, and was always considered a faithful servant of the purple and white, and is married to the daughter of our biggest donor, you go from merely insane to twilight zone batshit crazy.

We'll carry the banner high!
Bring On The Cats

by TB on May 20, 2009 9:16 PM CDT up reply actions   0 recs

I may just need to change my name.

Hail to the Purple, Hail to the White
Wildcat in spirit, Wildcat in fight
Hail Alma Mater from sea to sea
Onward forever, Hail Victory!

by MadCat on May 20, 2009 9:35 PM CDT up reply actions   0 recs

Nah...

…you’re name is apropos for what most of us are feeling right now.

We'll carry the banner high!
Bring On The Cats

by TB on May 20, 2009 10:16 PM CDT up reply actions   0 recs

Yeah

add those factors in and that is absolutely batshit crazy.

Go Raiders . . .
Double-T Nation

by Seth C on May 21, 2009 5:40 AM CDT up reply actions   0 recs

It's not that hard.

The batshit crazy makes sense when you just use some common sense, and accept what none of us want to accept.

by Wild One on May 21, 2009 9:06 AM CDT up reply actions   0 recs

Why would our lawyers not be involved...

it reaks of fraud and Prince’s lawyer should be disbarred for purposely not including our lawyers, after Wefald made it clear everything should go through them in the original contract. This is what’s wrong with our country, dishonestly gets rewarded and us honest people get f*****d and our money stolen.

Wildcat for life

by mjk7166 on May 21, 2009 8:13 AM CDT reply actions   0 recs

Involuntary prostitution?
…us honest people get f*****d and our money stolen.

Hail to the Purple, Hail to the White
Wildcat in spirit, Wildcat in fight
Hail Alma Mater from sea to sea
Onward forever, Hail Victory!

by MadCat on May 21, 2009 8:43 AM CDT up reply actions   0 recs

I'm no lawyer,

but it would seem to me that there is no way this contract could be seen as valid. If I go to a buddy of mine and have his lawyer draw out a contract that says my employer will pay him 3.2 million dollars and then I sign it, I’m pretty sure my buddy won’t be seeing that money. As mjk said, Prince’s lawyer should be disbarred for this. Someone (and by this I mean Prince, his lawyer, and Bob Krause) will probably end up in jail for embezzlment and fraud.

I wonder what Prince’s current employer thinks of all this….

by EMAW on May 21, 2009 8:45 AM CDT reply actions   0 recs

Don't avoid common sense, friends.

TB: “. . .it now appears that Wefald installed an athletic director who was so inestimably bad at his job. .”
________

Friends, you are still not understanding this.

Krause and Wefald are virtually connected by an umbilical cord. Do you really think this is about Krause going rogue? Really? Or about Prince’s lawyer?

Do you really think after Wefald micromanaged Weiser out of a job, and sent in his best friend in to run the show that Krause just somehow got a burr up his butt and made a 3 million “secret” agreement without Wefalds consent, implied or explicit?

Krause is just falling on the sword now.

And anyone who can’t see through this thin veil ought to take one more drink from that vat of Kool-Aid that the Rev. just mixed up.

 

by Wild One on May 21, 2009 8:46 AM CDT reply actions   0 recs

While I agree that Wefald likely is involved with this event...

I’ll wait till something unearths itself…till then, kick the scapegoat!

Hail to the Purple, Hail to the White
Wildcat in spirit, Wildcat in fight
Hail Alma Mater from sea to sea
Onward forever, Hail Victory!

by MadCat on May 21, 2009 9:09 AM CDT up reply actions   0 recs

don't look, and you will never see

And many will choose not to look.

—Krause will be loyal, the sword is already in his chest.
—Prince’s attorney, knowing that Krause would not act without actual authority, has a lot of “hand” in getting $$ out of KSU for his client. And when money finally gets paid, Princes attorney will be glad to take his knowledge to the grave.
—KSU’s attorneys contentions about the other attorney’s ethics are a diversion, and have no value in determining the validity of the contract.
—KSU can not deny or disprove Krause had the actual legal authority to make such a contract despite all the Wefald public proclamations of “through me, through me.”
—Arguing that the “corporation didn’t exist” in the legal motion filed yesterday just proves my point. They can not deny that Krause signed the contract, and had the power to sign it.
—In fact, those proclamations, when trusted servant Krause engaged in these talks strikes me as a bizarre repeat of the Bush-Cheney-Valerie Flame affair.
—Wefald will never have to swear under oath, or take a lie detector test. He has his thin veneer of plausible deniability,
—And the sheep will continue to follow.

by Wild One on May 21, 2009 9:29 AM CDT up reply actions   0 recs

What if...

Krause is just really stupid and signed it. I know how close he and Wefald are, but it makes no sense that a guy who (as much as I don’t care for him) did so much for KSU to know about it and let it go knowing full well his reputation was going down when it came out. What would be Wefald’s motive? That I can’t figure out…..

Wildcat for life

by mjk7166 on May 21, 2009 9:25 AM CDT reply actions   0 recs

Krause.--- Stupid? Hardly.

Clean out the ears.

This man will never, ever, be described by anyone who has dealt with him as stupid.

What was the motive? To get out of a tight political fix with athletic supporters while hiding the full financial impact for a sufficient period of time where it would no longer be an issue for Wefald & Krause to defend. Pretty simple. They just thought they could bury it in the public timeline.

Folks, if this was just some “memo” that was intended to be replaced by the public contract, KSU would have said this. They have not, and they can not. It was negotiated in secret to supplement the public contract. It used a “corporation” as a sham to allow them to keep a straight face on what it was all about….. a supplement to the public contract. It was so much of a sham, that this is now KSU’s main defense….. that the Prince corporation did not even exist at the time of the agreement!! Ironic, huh?

by Wild One on May 21, 2009 9:38 AM CDT reply actions   0 recs

But why authorize it in the first place?

Why in the hell would everyone collectively do something so moronic? Was everyone shape shifters lying in wait to take the entire athletic department down. Your awfully quick to throw em all in the pool. I’m going with the “Krause is ST…ST…..ST… Stupid” stance for now.
Things will shake out. Look at the whole Fitz/ Patterson episode. It is now perfectly crystal clear. Err, uuh…

by rydonmf on May 21, 2009 10:07 AM CDT up reply actions   0 recs

Wild one, what tight political fix are you refering to?

This secret contract was signed the day last season started, Aug 8 I think.

Wildcat for life

by mjk7166 on May 21, 2009 10:06 AM CDT reply actions   0 recs

Good point mjk7166

But, Wasn’t Prince’s “public” contract modification also backdated to beginning of the season? So I’m not necessarily buying the dates on the documents being the dates of negotiation.

It would be interesting to see an overall timeline.

I’m just saying what everybody knows…. Krause was an extension of Wefald’s brain and thinking. The idea that this was Krause ‘going rouge,’ or being stupid, just does not compute. The notion of him ‘taking the fall’ makes more sense to me.

by Wild One on May 21, 2009 10:38 AM CDT reply actions   0 recs

The buyout itself does not compute.

Maybe I just don’t understand the concept. What had he done to warrant it? Why would it be approved?

by rydonmf on May 21, 2009 10:52 AM CDT up reply actions   0 recs

There's more than anyone knows here...

A wise, old friend who knows everyone any everything about KSU can’t explain it to me. He only said “it smells.” He also said from the start that Wefald and Krause were crooked and noone listened. My thought is why give Prince more money if you want to be rid of him? Unless Prince knows something and you want to keep him quiet. I was being a little facetious when I said he was “stupid,” but this was moronic, as rydonmf said, or it was hush money. Hush for what is the question? The great thing is now that it is in the open, the chance of us finding out the reason is better.

Wildcat for life

by mjk7166 on May 21, 2009 10:55 AM CDT reply actions   0 recs

Hmmm...

the plot thickens?

Hail to the Purple, Hail to the White
Wildcat in spirit, Wildcat in fight
Hail Alma Mater from sea to sea
Onward forever, Hail Victory!

by MadCat on May 21, 2009 11:04 AM CDT up reply actions   0 recs

Why Now?

This seemed to come out of nowhere. How long have we know that Prince signed a new contract for a longer time and more money? Didn’t that happen before the season? Where was Wefald then? Right now I have to many questions to even get my head around this… We’ll just have to wait for more details and I’m sure we will never get the whole story…..

"It's hard to beat a person who never gives up"- Babe Ruth

by catman88 on May 21, 2009 11:25 AM CDT reply actions   0 recs

It appears to have been a secret agreement...

that was only discovered when Jim Epps, et al., reviewed all the contract work upon the request of one of our former football assistant coaches for information regarding any additional pay to which the assistant may / may not be entitled.

Hail to the Purple, Hail to the White
Wildcat in spirit, Wildcat in fight
Hail Alma Mater from sea to sea
Onward forever, Hail Victory!

by MadCat on May 21, 2009 11:33 AM CDT up reply actions   0 recs

OK but...

If Wefald has to approve a contract why didn’t he ask questions when the new contract for Prince went through? I’m with Wild One on this and that Krause is “taking the fall” and there might be something bigger behind the scenes. Why pay Prince something he didn’t deserve, to keep him quiet? I agree mjk

"It's hard to beat a person who never gives up"- Babe Ruth

by catman88 on May 21, 2009 5:33 PM CDT up reply actions   0 recs

I've been away from the computer all day long...

…so apologies that this is my first opportunity to comment.

After reading through K-State’s petition, I’m not especially thrilled with any of the arguments we’re making. If discovery turns up friendly facts, we may get lucky. If it doesn’t, this could be a disaster waiting to happen.

Wild One, first of all, thanks for signing up and commenting. However, I don’t think your unbudging position that Krause is merely taking the fall for this is justified by the facts as we know them at this point. From the facts we have right now, Krause, and only Krause, signed the MOU with Prince and IPP, LLC. Wefald is denying involvement because he has to and he can, at this point. That divides those who don’t know for sure what happened into two camps. One is the side that believes Wefald’s story and believes that Krause just went off the deep end. You argue that this is unjustified because the two are joined at the hip and Wefald meddled in the athletic department to a ridiculous extent anyway. All true, and no less an authority than Curtis Kitchen at 810 WHB agrees with you.

However, I can turn that very same argument on its head, plausibly, and no less an authority than Jeffrey Martin, the journalist who broke the whole story in the first place, believes that Wefald had no involvement whatsoever. Again, you argue that Krausefald were joined at the hip, so surely Wefald continued to meddle in the athletic department after Krause was installed. But is that so certain? Maybe Wefald just wanted to get Tim Weiser — not one of “his guys” — out of there so he could get Bob Krause — clearly one of “his guys” — in there. Once he got his crony in there, was there really any need to meddle? At that point, couldn’t he just say “go to work, Uncle Bob.” Further, because Bob Krause had zip, zero, zilch, nada experience as an athletic director, I can imagine a scenario where he thought something like this might work. Rest assured, an experienced AD like Tim Weiser never would have been so stupid.

I’m not taking a position one way or the other at this point. We don’t have enough facts, and the arguments on both sides are too good for me to say I think one side is better than the other. As unsatisfying as it is in the present, time will have to tell the story here.

We'll carry the banner high!
Bring On The Cats

by TB on May 21, 2009 9:35 PM CDT reply actions   0 recs

I agree
I’m not taking a position one way or the other at this point. We don’t have enough facts, and the arguments on both sides are too good for me to say I think one side is better than the other. As unsatisfying as it is in the present, time will have to tell the story here.

Ditto.

I think it’s an evil plot started by Prince to run away with as much money as he can. He’s a talker you know.

Introducing the new 2008 Big 12 Football Champions: OU, UT*, TT*, and MU*!

by mystman995 on May 22, 2009 9:01 AM CDT up reply actions   0 recs

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