The next time the NCAA whines about the cost involved in putting proper flooring down for the NCAA Tournament or cannot possibly defend the abject stupidity of the officiating at any given point or is willing to flog another athlete for a minor benefit that hurts absolutely no one I want to you also remember that NCAA President Myles Brand is making almost a million dollars a year.
$935,000 to be exact and also has access to a million dollar per year charter service. According to the Indianopolis Star, Brand received a 4% raise and is one of eight NCAA employees that bring in over $275,000 annually. Nice work if you can get it I guess.
I understand he has a complex job but at the same time seeing the head of an tax exempt organization raking in that kind of money when they were unable to put a decent floor down during the NCAA opening rounds is a little ridiculous.
Hat tip: Wizard of Odds
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Reminds me, a few years ago hurricane Katrina hit New Orleans. Federal dollars were given to them for the purpose of levy structuring, and it went to other social programs. Revenue has to be spent responsibly, if not, you can find yourself with mismanaged priorities. Do we need another czar in the NCAA to dictate how revenue is dispensed? Those floors were horrible, and it is not like they didn’t have the funds to ensure a more favorable situation for the players.
I certainly don’t think the floor situation was intentional. With respect to Brand’s salary, it is probably in line with any corporation that brings in as much money as the NCAA does from its various sources.
I don’t have a problem with that salary as long as Bobby gets another year…. but seriously, it’s a big business. Pay them them the big bucks, but watch them like a hawk.