Yes. Notts County and Yeovil both had parachute payments when relegated to our league from my understanding.
Fixed term contracts - especially for managers - really do need looking at too. How many other jobs do you get "rewarded" for by having your contract paid in full when you've been sacked for basically being shit at your job? That's utter madness.
Most of us get frog marched to the front gate by a security guard if we get sacked.