Pete Carroll Estimated to Be Highest-Paid Private University Employee
According to the Chronicle, Carroll received $4,415,714 in 2007. That's actually lower than other estimates I've seen; the Chronicle might not have included deferred compensation, endorsements, or other compensation.
Whatever Carroll's exact take was, these kinds of studies always result in some hand-wringing about whether coaches get paid too much. The Chronicle study focused on private schools, but the issues are similar to those raised by the journalist/activist who questioned UConn basketball coach Jim Calhoun about his status as the state of Connecticut's highest-paid employee. But for all the hand-wringing, no one is ever sure whether these coaches should be paid like educators or like pro coaches.
Is it utterly ridiculous that Carroll is making millions of dollars a year for coaching "amateur" athletes at a tax-exempt, non-profit institution? Of course it is. Is it perfectly reasonable that Carroll is making millions of dollars a year for running a football team that routinely sells out a 90,000-seat stadium and draws tens of millions of TV viewers for its games? Of course it is.
And there you have it. I vote for paying coaches like professionals, and I also vote for the IRS revoking the tax-exempt status of the NCAA and the schools that run big-time sports programs. Somehow I think only one of those things is going to happen.