30Duck No. 1 Share Posted January 18, 2022 and Tucker's at Michigan State Report: Congressional Lawmaker investigating high-profile coaching contracts Tyler Mansfield On3 Americans are rightly astonished 1 Link to post Share on other sites More sharing options...
The Kamikaze Kid Moderator No. 2 Share Posted January 18, 2022 Rut roh! Link to post Share on other sites More sharing options...
Annie No. 3 Share Posted January 18, 2022 One thing is--where does the money come from? I don't know what it's like at other universities, but Oregon is a "state-supported" school with the state contributing only about 10% of what it costs to run the university. The university does a lot of fundraising. Some donors make huge contributions to the academic and/or sports side. (And there are many big donors other than the one that immediately springs to mind. ) 1 Link to post Share on other sites More sharing options...
Jon Joseph Moderator No. 4 Share Posted January 18, 2022 On 1/18/2022 at 1:43 PM, Annie said: One thing is--where does the money come from? I don't know what it's like at other universities, but Oregon is a "state-supported" school with the state contributing only about 10% of what it costs to run the university. The university does a lot of fundraising. Some donors make huge contributions to the academic and/or sports side. (And there are many big donors other than the one that immediately springs to mind. ) Miami is a private school. A few year's back Miami bought a company providing hospital and general health services. After a few year's in the red, the company returned a net $400M+ for Miami last year. Great point. Want to look at coaching salaries, look at what UF is paying Billy Napier. However, much or all of these public university coaching salaries are paid by boosters. Such is the case with Mel Tucker's new deal at Michigan State. 1 Link to post Share on other sites More sharing options...
Steven A Moderator No. 5 Share Posted January 18, 2022 The real problem with these contracts is when the coach qualifies for state retirement benefits. Donors may pay the salary, but the taxpayers pay the retirement. Aren't Aliotti and Bellotti paid the highest state employee retirements? Link to post Share on other sites More sharing options...
Charles Fischer Administrator No. 6 Share Posted January 18, 2022 Bellotti gets a half-million a year in income...guaranteed. This does not count the millions paid to him by the AD over the years. Mr. FishDuck Link to post Share on other sites More sharing options...
Jon Sousa No. 7 Share Posted January 18, 2022 On 1/18/2022 at 11:06 AM, Jon Joseph said: However, much or all of these public university coaching salaries are paid by boosters. Such is the case with Mel Tucker's new deal at Michigan State. ...for which they receive a tax-deductible receipt... I think that might be the point. 1 Link to post Share on other sites More sharing options...