Guy Bailey University of Alabama en AP: Resigned UA President Making $535K Annually <p>The University of Alabama is still paying ex-President Guy Bailey $535,000 a year even though he resigned after just two months on the job.</p><p>Bailey cited his wife's health in unexpectedly quitting in late October. But university system spokeswoman Kellee Reinhart told The Associated Press on Friday that Bailey remains on the university payroll.</p><div><p>Bailey is officially on leave through August. He could return to campus as an English professor after that.</p> Fri, 30 Nov 2012 18:28:38 +0000 The Associated Press 21409 at AP: Resigned UA President Making $535K Annually