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Tag:Salaries
Posted on: March 30, 2011 1:21 pm
 

Brady Hoke gets a nice raise at Michigan

Posted by Tom Fornelli

It doesn't exactly take a genius to realize that after making the move from San Diego State to Michigan, Brady Hoke's checking account is getting a bit bigger. The only question was how much bigger would it be getting, and on Wednesday we found out. After making about $700,000 a year as head coach at SDSU, Hoke will be making around $2 million in his first year coaching the Wolverines.

According to a story in the Detroit News, Hoke has finally signed his contract, and it's a six-year deal that is worth $18 million. That $18 million does not include bonuses for postseason appearances or deferred payments. During the first year of his deal, Hoke will receive $300,000 in base salary and an additional $1.7 million for things like television and radio appearances, as well as working the rubber chicken circuit. Both numbers will increase by $100,000 in each year of the six-year contract.

This is where I'd like to let Michigan know that I'll talk about the Wolverines on television and the radio for half that $1.7 million. I'm not demanding it, I'm just asking Dave Brandon to consider it.

Speaking of Brandon, he's been very happy with the process, and feels that Hoke deserves every penny of it.

"It's really been a very positive, pleasant process from the perspective both parties were anxious to enter the agreement," Brandon told the paper. "We worked through it at a natural pace.

"If you're going to be the Michigan coach, you should be paid in the top third of the conference," Brandon said. "Brady has a big job, and Brady feels like he's being well compensated for the big job he's now responsible for. I have a happy employee, and my employee has a happy employer.

"This contract takes us well into the future, so neither of us has to worry about it. It's a nice thing to have completed. Onward and upward."
Posted on: February 26, 2011 12:42 pm
 

Charlie Weis is expensive

Posted by Tom Fornelli

Earlier this week we found out that Jon Embree and Eric Bienemy, the head coach and offensive coordinator at Colorado, both made the same base salary of $250,000. Which, compared to most college coaches at BCS conferences around the country, isn't a lot of money. Still, it was somewhat refreshing to see that a head coach like Embree could put his ego aside and accept the same salary as one of his assistants.

Still, if you happen to be Jon Embree or Eric Bienemy, first of all, thanks for reading. Second of all, stop reading here.
Newly hired Florida offensive coordinator Charlie Weis signed a three-year contract with the school worth $2.625 million, making him the richest assistant under coach Will Muschamp.
Weis, who came from the Kansas City Chiefs, will get $765,000 this year, then $865,000 annually over the next two years. He also received a $100,000 signing bonus and, like all Gators football coaches, gets a $10,000 supplement for wearing Nike gear.
He also will be provided with a vehicle.
That's a lot of money to be an assistant coach. Though, it is understandable. Florida is a bit more invested in its football program than Colorado, and unlike Embree and Bienemy, Weis does have head coaching experience. Plus, since he spent last season in the NFL, it's going to take some money to have him return to college in the same position.

What makes this all somewhat crazier is that Weis' salary at Florida is actually more than the base pay he received while at Notre Dame. In his final year in South Bend, Weis made $650,000. Of course, that doesn't include the money he got from Adidas and for personal appearances, which brought his income to roughly $2.5 million a year.

Anyway, the moral of this story is that you should become a head coach or coordinator on the college level. Because even the low-paid ones earn $250,000 a year.
 
 
 
 
The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com