Riches in coaching

Posted 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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While I agree these incomes values sound exorbitant, what value does the sports program bring to the University in donations,and enrollment? There is probably something there that makes some sense.

-- Posted by stevemills on Mon, Jan 9, 2012, at 7:59 AM

Not only coaches, but pro athletes, as well. Where does it all end? This is what they choose to do, but EXPECT (and get) mega bucks to do it. And their agents also get wealthy off those mega bucks.

(I'm in the wrong type of job!)

-- Posted by ILoveRoses on Mon, Jan 9, 2012, at 7:58 AM

Add actors to that mix as well. Yet they are usually the first ones on the bandwagon telling how "unfair" our capitalist system is.

-- Posted by quietmike on Sun, Jan 8, 2012, at 11:42 AM

David Melson

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David Melson is a copy editor and staff writer for the Times-Gazette.

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