Think coaching salaries are out of line? Some bowl executives are laughing all the way to the bank, Brent Schrotenboer of the San Diego Union-Tribune reports.In 2002, Gary Cavalli earned $90,000 as executive of a new postseason game in San Francisco. In 2006, his compensation package was $362,018 for the game now called the Emerald Bowl.
“Frankly, my compensation package is none of your business,” Cavalli said.
Cavalli is not alone. From 2001-05, compensation packages for bowl game executives have increased about 70%, with many of them more than doubling, according to an examination of the bowls' Internal Revenue Service records. The Outback Bowl's Jim McVay earns about $490,000, more than double the salary for the CEO of the oldest bowl, the Rose Bowl ($239,807).
Eleven years ago, there were 18 bowl games. Today there are 32, some operated by ESPN. No wonder the opposition to a playoff by the bowl system.
Thanks to Mike.
3 comments:
"No wonder the opposition to a playoff by the bowl system."
I was thinking the exact same thing as I kept reading.
I never understand that, though -- why the opposition? Nobody is suggesting we do away with the lower-tier bowl games. The playoff would be the top BCS teams and then all those mediocre 7-5 teams could still enjoy a payday and a bowl game and everybody stays happy. Don't get it.
what the hell do these guys do all year besides run around in hideous blazers??
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