Obama's Illinois: Huge Payout For Guy Who Quits

I thnk this is typical for Illinois.
From the Chicago Tribune:
The president of Illinois State University has resigned, the school announced Saturday, following a police investigation into claims that he assaulted a former ISU employee late last year.
Timothy Flanagan, who was appointed president by the school's board of trustees May 10, said in a statement: “I appreciate the experience of working with the students, faculty, staff and alumni of Illinois State, but, after discussion with the Board, I have decided it would be best that I pursue other opportunities.”
Flanagan is receiving a negotiated one-time payment of $480,418, said university spokesman Jay Groves. Flanagan, who was less than a year into a three-year contract, had an annual salary of $350,000, Groves said.
On Friday, the university's police department released a statement saying it had concluded an initial investigation into an alleged Dec. 5 assault by Flanagan against a former university employee.  http://www.chicagotribune.com/news/local/breaking/chi-isu-president-abruptly-resigns-20140322,0,5532637.story
So, the guy gets a 1 time payment that is more than he actually made while he was on the job.
No wonder Illinois is a cess pool full of public employees who feed out of the trough  of taxpayers.
Felony Thief Dina Titus, who ripped off Nevada taxpayers for $100,000 +, for false teaching, has to be jealous.