George M. Lee III, a longtime member of the Gamecock Club who once agreed to take out a $100,000 life insurance policy with USC as the sole beneficiary
Wait, say what?
What did Mr. Lee receive in return for this?
Please dont tell me he got season tickets for life or some other locked-in, no longer have to pay benefit in return of some future-dated payout to the university...
If so, then DAMN...I knew we had some horrible athletics departments in the past, but this is over the top.
I sure hope I'm just reading the article wrong. (btw, whats up with The State not specifying what Mr. Lee received in return for the insurance policy? bush league journalism there, Cloninger...)