U of M athletic director receives $290,000 in bonus pay

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BleedGopher

BleedGopher

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per Pioneer Press:

University of Minnesota athletic director Mark Coyle received a total of $290,000 in bonus pay in his first two years on the job, the U disclosed this week.

Since he was hired in May 2016, Coyle has received an $850,000 salary and a $100,000 retirement contribution each year.

In addition, his contract calls for Coyle and President Eric Kaler to agree on a plan for “incentive compensation” based on the in-class and on-field performance of student-athletes and Coyle’s achievement of compliance and management goals.

In 2017, Coyle received the maximum $150,000 his contract allows for, the U said. Last year’s bonus was $140,000.

http://www.duluthnewstribune.com/sp...m-athletic-director-receives-290000-bonus-pay

Go Gophers!!
 

BleedGopher said:
per Pioneer Press:

University of Minnesota athletic director Mark Coyle received a total of $290,000 in bonus pay in his first two years on the job, the U disclosed this week.

Since he was hired in May 2016, Coyle has received an $850,000 salary and a $100,000 retirement contribution each year.

In addition, his contract calls for Coyle and President Eric Kaler to agree on a plan for “incentive compensation” based on the in-class and on-field performance of student-athletes and Coyle’s achievement of compliance and management goals.

In 2017, Coyle received the maximum $150,000 his contract allows for, the U said. Last year’s bonus was $140,000.

http://www.duluthnewstribune.com/sp...m-athletic-director-receives-290000-bonus-pay

Go Gophers!!
Click to expand...
The incentive bars must be somewhat low. Or the definition of them is nebulous.
 

macgopher said:
The incentive bars must be somewhat low. Or the definition of them is nebulous.
Click to expand...

“based on the in-class and on-field performance of student-athletes and Coyle’s achievement of compliance and management goals.” That is plenty vague, ‘compliance and management goals.’ New student athlete handbook perhaps?
 

What it really means:

Kaler - "for purposes of appearances, we can't give you a million dollar salary. But we'll put in some "incentives" and you will get the maximum amount of incentives every year, so you'll really be making a million a year."
 

short ornery norwegian said:
What it really means:

Kaler - "for purposes of appearances, we can't give you a million dollar salary. But we'll put in some "incentives" and you will get the maximum amount of incentives every year, so you'll really be making a million a year."
Click to expand...

This is probably very true. It still smells the same though.
 


macgopher said:
This is probably very true. It still smells the same though.
Click to expand...

Too much money. Needs to be subject to clawbacks for crappy performance by Fleck and (hopefully not) Pitino. Need to stop hiring football head coaches with cheesy mottos; never works!
 

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