Professors $94,000 - Coaches $1 million
How many college professors make $1 million?
Where is the outrage from college students?
Where's the outrage among UAW workers and taxpayers in states like Michigan where college football coaches at UM and MSU make $1 million to $1.5 million per year? Isn't it time to "put the brakes on runaway college football coach pay?"
Isn't rising compensation for college football coaches a perfect example of the rising income inequality over time that generates so much outrage?
Here's a link to a searchable compensation database for college football coaches.
"Bottom Line: If the general public can understand that market forces ultimately determine the compensation of college football coaches, perhaps they can understand that market forces also determine CEO salaries; and since the salaries of both are rising over time, perhaps they can understand that rising income inequality is the natural and expected outcome of an increasingly competitive marketplace, which increasingly rewards scarce talent? One can always be hopeful. " - Mark J. Perry, Flint, Michigan
INDIANA ATHLETIC DEPARTMENT BUYOUTS
Payments made by Indiana University's athletic department since 2000 to coaches and administrators after they left their jobs:
• Michael McNeely, former athletic director (resigned in 2002): $839,000.
• Mike Davis, former men's basketball coach (resigned in 2006): $800,000.
• Kelvin Sampson, former men's basketball coach (resigned in 2008): $750,000.
• Gerry DiNardo, former football coach (fired in 2004): $616,000.
• Cam Cameron, former football coach (fired in 2001): $498,000.
• Bob Knight, former men's basketball coach (fired in 2000): $283,000.
• Jason Lewis, former executive associate athletic director: $86,000.
• Brian McNeely, former assistant football coach: $47,000.
• Lauren Rochet, former assistant athletic director: $36,000.
• Deanne Droegemueller, former director of executive services: $34,000.
• Stephane Rochet, former strength coach: $23,000.
Total: $4,012,000.
