Kansas State University and K-State Athletics, Inc., have reached an agreement totaling $1.65 million to settle a lawsuit with former head football coach Ron Prince.
Click here to view press release.
CASE OVERVIEW
Stueve Siegel Hanson LLP represented Kansas State University and its athletic corporation in a lawsuit filed May 20, 2009 in Riley County, Kansas, asking the court to declare invalid a secret agreement signed by Bob Krause, its former athletic director, and by former head football coach Ron Prince for a company called In Pursuit of Perfection, LLC.
The lawsuit sought to invalidate the secret agreement that purports to obligate K-State's athletic corporation to make $3.2 million in deferred compensation payments to In Pursuit of Perfection between 2015 and 2020.
Click here to view USA today article
Click here to view Press Release
Click here to view the First Amended Petition
On December 8, 2009, U.S. Senior District Judge Sam A. Crow issued an important Memorandum and Order in connection with the pending litigation between Kansas State University and its former head football coach Ron Prince. Kansas State University objected to Prince's attempt to have this case heard in federal court and argued that the federal court was required to return the case to the District Court of Riley County, Kansas. The federal court agreed with Kansas State University; concluding that Prince had improperly removed the case to federal court and that the case must be remanded to the State Court in which Kansas State University originally filed suit against Prince in May 2009. The case will now return to the District Court of Riley County, Kansas, which will hear Kansas State University's claim that a Memorandum of Understanding signed by Ron Prince and Robert Krause that purports to provide millions of dollars in additional payments to Prince due to this termination of employment as the University's head football coach is invalid and unenforceable.
Stueve Siegel Hanson partners Todd McGuire and George Hanson represent Kansas State University and its athletics department in the litigation.
Click here to view a copy of Judge Crow's 12/8/2009 Memorandum and Order
