JamieH

September 1st, 2015 at 1:58 AM ^

and it really isn't close.

 

 

http://www.sportingnews.com/photos/4592730-top-15-highest-paid-college-… According to The Sporting News, he is #4, which is still pretty good, but he's several million a year short of Saban at #1. And given his resume, he deserves to be in the top 5 IMO.

 

The only REAL financial problem I see is that Brady Hoke is the #8 highest paid coach in the country this year sitting at home on his couch.  If you want to talk relative value, if we thought Hoke was worth $4.3 million a year (is that # from the Sporting News really correct???) then Harbaugh should be making about $10 million a year. 

leu2500

September 1st, 2015 at 8:05 AM ^

I've started reading BLL. Part of the reason Hoke's salary is so high is that Brandon didn't negotiate Hoke's salary before he hired him, so Brandon could imitate Canham's press conference when he hired Bo. So Hoke's agent had the better negotiating position.



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JFW

September 1st, 2015 at 10:28 AM ^

I'm doing my personal budget, and am struggling to send 2 kids to private school. I still can't wrap my mind around that.

$4 million in a year.

Wow.

I don't begrudge him the money. If someone offered me $4 million for my job I'd take it. It just boggles my mind. In one year I could pay off my house, set aside money for the kids for college, and really get my retirement set up nicely.

Wow.



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LSAClassOf2000

September 1st, 2015 at 6:55 AM ^

His comments about Harbaugh mitigating some financial issues come two months after interim athletic director Jim Hackett reported the university’s athletic department had a deficit of nearly $8 million this year, the first time in about a decade it operated with a loss. At the time, Hackett said the 2016 budget would be balanced.

Now wouldn't that be interesting if there was a multi-million dollar line item in the budget that simply was called "Net Harbaugh Effect"? I think we assumed that the hype train alone would probably improve the 2016 financial picture of the department regardless, but that's a pretty big difference.

Ty Butterfield

September 1st, 2015 at 9:28 AM ^

Hoke is not getting anywhere near the money Weis got from ND. ND is actually paying Weis through the end of this year. At least Hoke actually won a BCS bowl game.

cutter

September 1st, 2015 at 10:13 AM ^

It was less than ten months ago that President Schissel said the following:

"We admit students who aren't as qualified, and it's probably the kids that we admit that can't honestly, even with lots of help, do the amount of work and the quality of work it takes to make progression from year to year," he said, according to the Daily. "These past two years have gotten better, but before that, the graduation rates were terrible, with football somewhere in the 50s and 60s when our total six-year rate at the university is somewhere near 90%. So that's a challenge."

See http://www.freep.com/story/sports/college/university-michigan/wolverine…

I'm sure President Schissel learned quite a bit from the blowback over those comments about how people--both alums and non-alums--view Michigan football.  I rather enjoyed this quote from the article:

"I think we need good student-athletes," said Mark Williams, 32, of Livonia, whose family has had football season tickets since the 1970s. "But we're not the Ivy League. Football is important here."

I imagine President Schlissel had some very hard lessons about how football is integrated into the university, fund raising/development and its brand--I mean, image.  I think it's great he got Jim Hackett as the interim AD and that Hackett was able to get Harbaugh.  It also means he can devout his time to what I'm sure he feels is the more important roles of the university of the academic ledger without all the drama he faced in his first year as U-M's president.