Former Storm boss, Brian Waldron will receive a $275,000 payout from the Melbourne Rebels,after leaving just eight weeks into his term as CEO, following the Melbourne Storm salary cap scandal.
The Daily Telegraph has reported that Waldron was being paid $550,000 a year in his new job at the Rebels, which he joined in February after announcing his departure as Storm CEO in January.
Waldron's contract with the Rebels reportedly contained a clause allowing a period of six months' notice of termination for both parties. The newspaper reported that sources close to the Rebels club said his resignation was "by mutual agreement" which activated the clause in his contract.
Taking into account his salary, it is understood that Waldron was paid $320,000 for two months work.
Waldron left the Rebels shortly after it was revealed that he had been involved in NRL salary cap breaches during his time as CEO of the Melbourne Storm.
News that makes sense
Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.
In an address to the Storm players and staff on Tuesday, News Limited boss John Hartigan accused Waldron of being the "chief rat" of the scandal.
Rebels chairman and prominent media figure Harold Mitchell said last night: "I have no comment other than his payout was in line with his contract and normal commercial practice."
Waldron has said he was willing to reveal all he knows about the scandal to a public inquiry.
However, Waldron alledgedly approached the Seven Network through a PR company, offering to appear on its Sunday Night program for a "six-figure sum" to tell his side of the story, the Herald Sun reported on Tuesday.
Seven's head of news and current affairs, Peter Meakin, reportedly rejected the approach.
