Holy crapballs this story just keeps getting better!
KState's AD offered to sign a life insurance policy on his own life with Prince as the sole beneficiary if he would give up the "secret" buyout. Apparently, the secret buyout was part of an incentive to get Prince to sign an extension as quickly as possible, because:
"Wefald and Krause felt it was important to resolve the contract issues before the 2008 football season, and they were concerned about negative publicity stemming from former Wildcat Leon Patton's legal woes. Patton, a running back who played two seasons for Prince, was being investigated on child abuse charges, and Wefald feared a public backlash if the story broke before Prince's contract was finalized." Classy.
Question for Debate: Who would you be willing to put a life insurance policy on your own head for? And are they as awesome as Ron Prince?