Well supposedly this is the story about what happened. Ken Page was visiting relatives in California, his uncle owns some ATMs and needed to refill them, so while out they stopped to do so. Page had never seen that much cash before, so he asked to hold it and the picture was taken. This is from the main board on Rivals.
Let's say it's true, this is still the last thing you want to see on a recruit or players Myspace/Facebook page. I for one don't believe this, as Clemson is well known for its aggressive and generous boosters.