Penn State pays family of Joe Paterno under late coach’s contract

Penn State has agreed to provide millions in payments and benefits to Joe Paterno’s estate and family members under the late football coach’s employment contract, although a family lawyer says the Paternos did not sign away their right to sue, the Associated Press reports. The school turned over four checks Thursday worth more than $3 million for bonuses that covered the season, bowl game and entire career, according to a university spokeswoman. A breakdown provided by Penn State included the use by Paterno’s family of a Beaver Stadium suite for 25 years and $900,000 from television and radio revenue from last season. Half the broadcast revenues were paid in February, and the rest will be paid later this year, the school said…

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