Coaching Salaries
Posted: Wed Jan 05, 2005 10:23 am
Millionaires club growing
A million a year still will get you a good coach.
To get and keep college football's best takes $2 million or more, however — a price tag carried by at least nine coaches after a lucrative month of hiring and re-signing.
Florida lured Urban Meyer from Utah with a seven-year, $14 million deal. Charlie Weis is getting $12 million over six years from Notre Dame, according to South Bend's WNDU-TV and other outlets. Incentives bring Steve Spurrier's take at South Carolina to $2 million annually.
Texas' Mack Brown, Texas A&M's Dennis Franchione, Auburn's Tommy Tuberville and California's Jeff Tedford all have re-upped, or soon will, for at least that much. Brown, in particular, cashed in on an 11-1 season that took the Longhorns to their first Rose Bowl: a proposed 10-year, more than $25 million package scheduled to net him more than $3 million in its final season, 2014.
Oklahoma's Bob Stoops most likely will hit the $3 million mark far sooner than that. Athletics director Joe Castiglione, who must annually fend off rival suitors, is talking of enhancing a package that paid more than $2.5 million this season.
Florida State's Bobby Bowden also is part of the $2 million club. Southern California's Pete Carroll is believed to be, as well, although the private school doesn't make his salary public. LSU's Nick Saban was, too, before getting $4.5 million to jump to the NFL's Miami Dolphins.
"You can argue this on both sides," says Dutch Baughman, who heads the Division I-A Athletic Directors Association. "When you look at the revenue — actual cash dollars and goodwill revenue — generated by what Auburn did this year, and what Oklahoma and Southern Cal did, it's hard to put a figure on what that's worth. You can justify it that way.
"The argument on the other side is that it's gone out of control and has caused the (financial and competitive) separation between schools in I-A to become even wider."
Only a few years ago, $1 million was the standard for hiring or keeping top-of-the-line coaches. This season, Baughman says, 35 coaches earned that much and 10 more could have from incentives in their contracts.
By Steve Wieberg, USA TODAY
http://www.usatoday.com/sports/college/ ... over_x.htm
A million a year still will get you a good coach.
To get and keep college football's best takes $2 million or more, however — a price tag carried by at least nine coaches after a lucrative month of hiring and re-signing.
Florida lured Urban Meyer from Utah with a seven-year, $14 million deal. Charlie Weis is getting $12 million over six years from Notre Dame, according to South Bend's WNDU-TV and other outlets. Incentives bring Steve Spurrier's take at South Carolina to $2 million annually.
Texas' Mack Brown, Texas A&M's Dennis Franchione, Auburn's Tommy Tuberville and California's Jeff Tedford all have re-upped, or soon will, for at least that much. Brown, in particular, cashed in on an 11-1 season that took the Longhorns to their first Rose Bowl: a proposed 10-year, more than $25 million package scheduled to net him more than $3 million in its final season, 2014.
Oklahoma's Bob Stoops most likely will hit the $3 million mark far sooner than that. Athletics director Joe Castiglione, who must annually fend off rival suitors, is talking of enhancing a package that paid more than $2.5 million this season.
Florida State's Bobby Bowden also is part of the $2 million club. Southern California's Pete Carroll is believed to be, as well, although the private school doesn't make his salary public. LSU's Nick Saban was, too, before getting $4.5 million to jump to the NFL's Miami Dolphins.
"You can argue this on both sides," says Dutch Baughman, who heads the Division I-A Athletic Directors Association. "When you look at the revenue — actual cash dollars and goodwill revenue — generated by what Auburn did this year, and what Oklahoma and Southern Cal did, it's hard to put a figure on what that's worth. You can justify it that way.
"The argument on the other side is that it's gone out of control and has caused the (financial and competitive) separation between schools in I-A to become even wider."
Only a few years ago, $1 million was the standard for hiring or keeping top-of-the-line coaches. This season, Baughman says, 35 coaches earned that much and 10 more could have from incentives in their contracts.
By Steve Wieberg, USA TODAY
http://www.usatoday.com/sports/college/ ... over_x.htm