Logarusic was sacked a week after the recent World Cup qualifying matches against Bafana Bafana and Ethiopia which culminated in what was a horrible run of just one win in 14 games.
According to The Sunday Mail, the Croat will leave with over USD200 000 (approximately R3 million) in total salary earnings and perks.
Since being appointed in February last year, Zdravko earned a salary of USD6500 (approximately R96 000) which then went up to USD7800 (approximately R115 000) in the second year after having been paid USD30 500 (approximately R450 000) as signing on fees with an additional US$6100 (R90 000) paid again this year.
Though he was only at the helm for part of the AFCON campaign he will also be paid 10% of the US$550 000 AFCON qualification bonus from CAF, which translates to R814 000, this as per the contract that he signed with ZIFA
Former AmaZulu coach Joey Antipas will not be paid despite having been at the helm for the start of the qualifiers with half of the eight points needed to qualify collected under his watch.
Antipas won four points from two games while Logarusic then added another four from four games.
Logarusic has also banked US$20 000 (approximately R296 000) which was written down as his severance package if he got fired.
The Croat is being paid for the remainder of his two-year contract signed in February last year.
ZIFA have a history of engaging in contracts that come back to bite them whenever bringing expatriate coaches on board like what happened with Valinhos and Tom Saintfeit in the past.
Logarusic has since been replaced by former Chippa United coach Norman Mapeza who takes the job on a caretaker basis.
The Croatian's deal was brokered by Cameroonian agent Robert Loutsinga of Eagle Sport Development and Management Agency.
