Even at the exorbitant prices the University of Michigan charges to attend their hallowed halls of higher learning, $915,000 is still a lot of money for an assistant coach…
Michigan defensive coordinator Greg Mattison will make at least $915,000 in 2016 under terms of the three-year contract extension he recently signed.
Details of the contract were obtained Monday by The Detroit News through a public records request.
Mattison, 63, will receive additional annual compensation of $550,000, and if he remains at Michigan through the contract, which expires after 2016, he will receive a $200,000 stay bonus.
Mattison’s base salary this year is $250,000, and with the additional compensation, he will make $800,000. In 2014 he will make $835,000, and in 2015 he will make $875,000.
There are additional bonuses in the contract, as well.
I know, I know, I can hear it now…. “The football program makes so much money for the school.”
Sure. If the football program at Michigan makes so much money they can afford $915,000 for a defensive coordinator (I have no doubt that they do) why in the heck does the school constantly whine for more tax payer funding?
Via HuffyPo College:
College enrollment grew 46 percent from 1996 to 2010, according to the U.S. Department of Education. But, Oliff pointed out, college enrollment dropped this year, as it did slightly the previous year as well, due in part to tuition increases and lagging financial aid.
Oliff added that “the deep cuts states have been making to higher education have made it difficult for colleges to hire full-time staff and faculty,” which the report said makes it harder to maintain academic quality and improve graduation rates.
“Deep cuts… difficult for colleges to hire full-time staff and faculty.”
Except colleges with big time Football and Basketball programs somehow can afford to pay big time salary’s for coaches while hypocritically whining for more tax payer funding.