College Presidents' salaries

Parents Forum
1

<p>In an era when Michael Ovitz gets paid $140 million to not run Disney these salaries may appear modest.</p>

<p><a href=“http://washingtontimes.com/national/20041115-122219-5916r.htm[/url]”>http://washingtontimes.com/national/20041115-122219-5916r.htm&lt;/a&gt;&lt;/p&gt;

<p>Details on the highest paid public university president’s salary:
<a href=“http://seattletimes.nwsource.com/html/localnews/2002091196_emmert15m.html[/url]”>http://seattletimes.nwsource.com/html/localnews/2002091196_emmert15m.html&lt;/a&gt;
"Henry Levin, director of the National Center for the Study of Privatization in Education at Columbia University, said college administrators get hefty pay packages to deliver in two areas: recruiting faculty superstars and leading multimillion and even billion-dollar fund-raising campaigns. </p>

<p>Despite the attractive benefits, “it’s not a job that many people want,” Levin said."</p>

2

<p>I read the article in the Washington Post. College Presidents sure don’t get paid as much as the Coaches.</p>

3

<p>At mondo football/basketball state schools the head coaches are often the highest paid state employees, making not only more than the university president but even more than the governor as well.</p>

4

<p>I saw in my local paper this morning that the President of Rutgers University came in at #7 ($625,000) in the highest paid college president list! Earlier this year he asked the Board of Governors to pass on his pay raise this year, citing budgetary constraints.</p>

5

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<p>Compare to the 2004 top 10 football coaches salary-wise:</p>

<ol>
<li>Mack Brown, Texas, $3.617 million/year</li>
<li>Bob Stoops, Oklahoma, $2.3 million </li>
<li>Nick Saban, LSU, $2.3 million </li>
<li>Pete Carroll, USC, $2 million </li>
<li>Bobby Bowden, Florida State, $1.9 million </li>
<li>Phillip Fulmer, Tennessee, $1.78 million </li>
<li>Dennis Franchione, Texas A&M, $1.72 million </li>
<li>Bill Callahan, Nebraska, $1.5 million </li>
<li>Tommy Tuberville, Auburn, $1.5 million </li>
<li>Mark Richt, Georgia, $1.5 million</li>
</ol>

6

<p>Sort of reminds me of that famous statement attributed to Babe Ruth. A reporter told the Babe that he was making more money than the President of the United States, and asked him what he thought of that. The Babe replied, “I had a better year than he did.”</p>

<p>The market for college presidents is totally different from the market for college football coaches. These salaries are all market driven.</p>