Good luck to him, but the guy is a snake. To my surprise, one of the loudest and most Marquette-hating UWM fans posted some years ago that he was glad Pearl was gone, and that the inside of the program was like looking under a rock. Jeter had a good year with Pearl's players, and then the roof caved in. I suspect that there were some serious issues going on over there. What gets me about Tennessee was not what Pearl got caught doing. It was how he got caught doing it. It showed a definite pattern of behavior. He got canned for lying to the NCAA. This was shortly after he went through a messy divorce after his wife found out about the affair he was having by reading the credit card statement. Then there was the incident that got him exiled to Southern Indiana, when he apparently tried to talk a player into saying another team had committed recruiting violations, and secretly taped it. This is a guy who has made a career out of cutting corners and shading the truth. Auburn is going to have to pay the devil sometime.
His wife learned of the affair when the real estate tax bill for his mistresses' house came to Pearl's house.
Hmmm. OK, so the tax payment is a gift, which has to be combined with other gifts to the mistress, has to be below the annual exclusion to avoid any gift tax issues. Alternatively, it's compensation for services rendered (heh). If so, I presume she's subject to self-employment tax.
Either way, it's a curious case study on the tax consequences of the situation.
90% of quotes on the internet are wrong.
- Abraham Lincoln
War Eagle. New arena. Pressure will be on Alabama, since most want Grant gone.