43% win average ???
The RU football coach -
Shiano- record 68-67 - salary $2M + plenty of bennies.
The RU basketball coach -
salary $650 and a "firing bonus" of over $400K.
The RU AD is given a
"quitting bonus" of $1M.
The RU "athletic
lawyer" (whatever that means) - $400K a "resigning bonus".
The new basketball coach -
salary $1M per year for five years.
The women's basketball coach
- $900K per year (at least she's winning).
The retired college Prez -
$335,000 per year for teaching 15 hours per week.
The football stadium renovated
for $102M with a capacity of 54,000 and the largest attendance ever
was 47,000
five years ago.
I
spoke with someone the other day about the outrageous salaries of college
coaches. He told me that the reason was that successful athletic programs brought
alumni dollars to the school. He said that he had been to a Penn State football
game a few years back and the alumni there were throwing money at the school
hand over fist.
Well,
I happened to look up some info about Penn State and it seems that they are not
only number one in athletics but also number one in tuition costs for in-state
students. In-state tuition is over $17K.
Doesn't
it make you wonder where all that alumni money (if it is really being donated
as he claims ) is going ??
And
If "big time" athletics helps a college's finances, then why has RU's tuition doubled during the past ten years over which time RU has been aspiring to become part of the"big show"?
No comments:
Post a Comment
What do you think?