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Performance Pay?

June 30, 2010, 4:15 pm

Mike Garrett, athletic director at the University of Southern California, took home more than $1-million in compensation in the 2008-9 fiscal year, according to tax records obtained by The Chronicle.

It’s a handsome sum for any AD, let alone one whose football and men’s basketball programs were in the NCAA’s cross hairs for four years: This month, after a lengthy investigation, the association slapped the university with scholarship reductions and a postseason ban on competition in both sports. It also faulted the university for a “lack of institutional control” over the athletics department. (The university has since appealed some of the penalties, which it said were too severe.)

Mr. Garrett, who has been the Trojans’ athletic director since 1993, wasn’t the only member of the department who lived well that year. The records show that three former football and basketball coaches, all of whom have since left the university, also brought home compensation north of a million dollars: Pete Carroll, the football coach, made $4.1-million; Tim Floyd, the basketball coach, made $1.6-million; and Steve Sarkisian, the assistant head football coach, made nearly $1.2-million.

In Mr. Garrett’s case, the $1,096,604 in compensation in 2009 included, the records show, a base salary of $469,248, bonus and incentive compensation of $425,000, $23,000 in deferred compensation, $43,461 in nontaxable benefits, and $135,895 in “other reportable compensation.” 

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7 Responses to Performance Pay?

osholes - July 1, 2010 at 6:17 am

Is anyone, anywhere, using this example to teach undergraduates the absurdities of our corporate culture? Enron didn’t seem to make the point, nor AIG, so maybe sports can do it. Everyone watches sports, right? Does anyone think about it what they’re watching?

softshellcrab - July 1, 2010 at 8:30 am

Does anyone know, wasn’t there a Mike Garrett who was a running back for the Cowboys? And if so is this him? Correct me if I’m off base on this one.

xpnfan - July 1, 2010 at 9:16 am

Actually, he played for KC Chiefs in AFL, Superbowl I and IV, then SF. He was Heisman winner @USC and returned as AD.

cwinton - July 1, 2010 at 9:53 am

I hope the enablers in the UCLA administration who implicitly encouraged or at least condoned this kind of behavior can also be ferreted out and dumped from their positions. The University, rather than appealing the penalties imposed from this embarrassment should be undergoing an administrative house cleaning.

evbiii - July 1, 2010 at 10:07 am

I look forward to the day when college athletes in football and basketball get compensated for the millions they generate. Perhaps then we will not have to worry as much about them receiving financial support from boosters who just want to be a part of a winning tradition. Oh by the way did I say that they generate millions.

jaykay - July 1, 2010 at 11:04 am

@cwinton: UCLA is NOT U$C. UCLA = The University of California, Los Angeles. USC = The University of Southern California.

_perplexed_ - July 1, 2010 at 1:05 pm

The sad thing is that #4 and #6 are both correct: I am sure that there are UCLA administrators who condone and encourage athletic excess…it’s just that they weren’t the ones caught this time.

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