Barry Alvarez receives a Pay-Raise for Rose Bowl
By now everyone knows that Barry Alvarez is taking the reins for Bielma for the Rose Bowl, however this story came out yesterday.
Barry's back, and he's not working for free.....
Alvarez will receive $195,000 in December, which is 90 percent of Bielema's monthly coaching salary. He will also get $8,500, which is 10 percent of his athletic director salary. The total pay of $203,500 is a one-time $118,500 increase in his monthly salary.
Nevermind the fact that he's the 6th highest paid AD in the country, and earns about 1 million a year, I guess he needed more to coach this one game.
Link: http://espn.go.com/blog/bigten/post/_/id/67733/alvarez-to-earn-118500-f…
AD Salary: http://espn.go.com/blog/bigten/post/_/id/34926/smith-alvarez-among-high…
December 13th, 2012 at 8:02 AM ^
that the only nugget of truth to be revealed in this whole situation is that Barry's sculpter was wearing beer goggles.
December 13th, 2012 at 8:46 AM ^
December 13th, 2012 at 8:47 AM ^
I have incessantly ribbed my UW friends and neighbors (I live in Madison, work at UW) about this exact fact. Barry's statue definitely seems "streamlined", at least compared to his heydays as head football coach. Thanks for the evidence.
December 13th, 2012 at 8:20 AM ^
He's not double dipping - if the poster's info is correct, he's taking only 10% of his usual AD salary and 90% of the old coach's salary. Rough math says this setup saves the University about $100,000 this month versus the old status quo. Could he take less - sure. But this seems fair. Perhaps his estimation was he would be spending 90% of his time this month coaching, or being a figurehead, or whatever you want to call it, and 10% as AD.
December 13th, 2012 at 8:48 AM ^
That is all.
December 13th, 2012 at 8:58 AM ^
Not taking sides in politics here, but with all of the attention on Lansing this week, and all of the attention in Madison last year, isn't the pay level of public employees kind of a tender issue right now? Does someone have asbestos underwear up there?
December 13th, 2012 at 11:12 AM ^
If Wisconsin's finances are like Michigan's, Alvarez is not truly a public employee (i.e., taxpayer funds do not pay his salary).
December 13th, 2012 at 9:33 AM ^
The USA Today story doesn't add much, but it does mention this regarding the temporary raise:
"The money for the coaching job will come out of Bielema's $1 million buyout to be paid by Arkansas."
If that's correct, then he is being paid (mostly, anyway) with money owed to the school, not necessarily straight from the budget (save for the percentage of his salary perhaps, which would be in the budget), so it isn't necessarily hurting their progress on finding a replacement for Bielema or shorting someone or something vital to the program. That being said, I have to wonder if it might be a different arrangement - from a monetary standpoint - if they weren't expecting the buyout money from Arkansas.
Like others, I don't really have an issue with someone being compensated to do two jobs on a temporary basis, especially since it probably means his some horrific hours for the next few weeks more than likely.
December 13th, 2012 at 12:41 PM ^
I'm not questioning the legitimacy of the pay, but I simply can't imagine working for a month at something and earning enough money during that time to pay off my house in its entirety. Blows my mind.
December 13th, 2012 at 1:02 PM ^
Just realized I didn't check whether some else made the same comment.