Greg Schiano was to make $27 million as coach at Tennessee

LOOK: Details of Tennessee's memorandum of understanding with Greg Schiano

Greg Schiano's contract with the University of Tennessee was to be for six years and more than $27 million, according to the terms of the deal laid out in the Memorandum of Understanding signed by Schiano and then-UT athletic director John Currie.

That lack of signatures frees Tennessee from its $27 million financial commitment to Schiano, now Ohio State's defensive coordinator.

Tennessee Chancellor Beverly Davenport also didn't sign the document with Schiano.

"That document was never signed by The University of Tennessee's Chief Financial Officer, whose signature would have been required to make it legally binding on the University", Tom Satkowiak, spokesman for the UT athletic department, wrote in an email releasing the MOU.

The University of Tennessee says a memorandum of understanding between the school and Greg Schiano, who was almost hired as the Vols' head football coach, lacked signatures necessary to make it legally binding.

When word got out on November 26 that Tennessee had contacted Schiano about its coaching vacancy, fans and state politicians wasted no time venting their frustrations.

Five days after the Schiano mess, Currie was replaced as AD by Phillip Fulmer, and Alabama defensive coordinator Jeremy Pruitt was later tapped to be head coach. About 100 people participated in a protest on campus. The controversy over the Schiano hire stems from his time in the early 1990s as an assistant at Penn State, and his still murky role in the Jerry Sandusky sex abuse scandal. Sandusky is serving 30 to 60 years in prison for his conviction on 45 counts of sexual abuse. The prosecutors involved in the case didn't investigate the Schiano's comments.

However, Currie acknowledged that Schiano was no longer a candidate for the Tennessee job.

Davenport hasn't specified why she removed Currie and has said it was due to a "series of events" rather than a single tipping point.

The MOU "states that the University of Tennessee may, in its sole discretion, terminate the MOU without cause and provide Schiano 75% of the base pay and supplemental pay as stated in the document".

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