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Tuesday, July 28, 2015
Riches in coachingPosted Sunday, January 8, 2012, at 8:42 AM
We hear so much about Wall Street executives getting rich these days.
But it's the same thing at big-time athletic programs.
Newly-apppointed Penn State coach Bill O'Brien's base pay is $950,000 with a 5 percent increase each year. Do the math and by his second year that's roughly a $50,000 yearly hike.
Of course, O'Brien also gets the $1 million salary for radio-TV shows - note that's more money than his actual coaching pay - and a $350,000 Nike contract for being a walking advertisement.
We're talking hundreds of thousands of dollars for coaches rather than millions, but still...
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David Melson is a copy editor and staff writer for the Times-Gazette.
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