Oklahoma's Bob Stoops Highest Paid Coach, Peterson Walker Semifinalist and more.
USA Today Report: University of Oklahoma's Bob Stoops highest paid College Coach: The sport's dizzying salaries spiral has come to this, a USA TODAY study finds: The million-dollar coach, once a rarity, is now the norm. Head coaches at the NCAA's top-level schools are making an average of $950,000 this year, not counting benefits, incentives, subsidized housing or any of the perks they routinely receive. At least 42 of the 119 Division I-A coaches are earning $1 million or more this year, up from five in 1999. Jim Tressel, coach of No. 1-ranked Ohio State, and Mack Brown, who steered Texas to the national championship a year ago, are among the nine coaches making more than $2 million. Iowa's Kirk Ferentz will pocket a guaranteed $4.6 million in an atypical 13-month period ending next June, including $1.8 million in one-time payments. With the incentive bonuses he still can earn, he could push his take to more than $4.7 million. That's the most among the 107 coaches for whom USA TODAY could obtain a contract or other official document showing compensation. Oklahoma's Bob Stoops is the only coach in that group who has cleared the $3 million-a-year bar in guaranteed pay, although Ferentz likely will join him in 2007. Coaches' contracts these days offer far more than just the basic salary. In scrutinizing contracts, USA TODAY found all kinds of perks: personal use of private jets, low-interest home loans, land deals, million-dollar annuities, pricey luxury suites at schools' stadiums, use of vacation homes and family travel accounts. (More at USA Today)
Perks Noted from USA Today:
Travel: Oklahoma's Bob Stoops gets up to 35 hours a year of private plane availability. Ohio State's Tressel gets 10 hours of jet time for personal use. Virginia's Al Groh gets "reasonable use of the University's aircraft and vehicles" for his duties.
Anniversary Benefit: Oklahoma contributes an average of $750,000 a year toward an "anniversary benefit" paying Bob Stoops $3 million on Dec. 31, 2008, marking his 10th anniversary at the school. He forfeits the money if he leaves for another coaching job before then, though he'll get a prorated portion if he leaves in 2007 or 2008 in conjunction with David Boren's departure as president. Stoops also gets 35 hours of private air travel a year.
Highest Paid Salaries
1. Kirk Ferentz - 2,840,000
2. Pete Carroll - 2,782,320
3. Frank Beamer - 1,893,000
4. Larry Coker - 1,800,000
13. Bob Stoops 950,000
Other Income
1. Bob Stoops - 2,500,000
2. Tommy Tuberville - 1,996,000
3. Phillip Fulmer - 1,725,000
4. Mack Brown - 1,580,000
Maximum Bonus
1. Dirk Koetter - 1,234,000
2. Kirk Ferentz -1,000,000
3. Al Groh - 940,000
7. Bob Stoops - 745,000
11. Mike Gundy - 684,000
Total
1. Bob Stoops - 3,450,000
2. Kirk Ferentz - 2,840,000
3. Pete Carroll - 2,782,000
4. Mack Brown - 2,664,000
(Source USA Today - Full List)
To Oklahoma, Stoops worth more than his weight in gold: USA Today
Peterson Doak Walker Semifinalist: Adrian Peterson has been gone for three weeks, but the Oklahoma running back is not forgotten. He was one of 10 semi-finalists announced today for the Doak Walker Award, which is presented annually to college football's top running back. The Guaranty Bank SMU Athletic Forum Board of Directors oversees the honor. The 166 members of the Doak Walker Award National Selection Committee will cast their votes over the next week to determine the 2006 finalists. On Tuesday, Nov. 21, three finalists will be named, and a second vote will determine the recipient. The recipient of the 2006 Doak Walker Award will be announced live on ESPN's The Home Depot College Football Awards on Thursday, December 7. The award will be presented at the 2006 Doak Walker Award Presentation Banquet in Dallas on Thursday, Feb. 15, 2007. (SoonerSports PR)
Pendleton named All-District VI Academic: Oklahoma defensive tackle Carl Pendleton has been named All-District VI Academic and is now a candidate for Academic All-America honors. ESPN The Magazine sponsors the academic recognition. Pendleton, Sapulpa, Okla., native is a junior in eligibility but has announced that he will forgo his senior season of football to enter graduate school at OU. He already has received the National Football Foundation's Post-Graduate Scholarship. Pendleton carries a 3.86 grade point average in sociology with a minor in religious studies. He is nominated for numerous other awards including the NCAA's Today's Top VIII, FCA's Bobby Bowden Award, the FWAA's Courage Award, the Wuerffel Trophy and the John Wooden Citizenship Cup, presented by Athletes for a Better World. (SoonerSports PR)
Labels: Bob Stoops, Carl Pendleton, Oklahoma Sooners, Salary, University of Oklahoma



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