Ignoring the out of date contracts...The athletic department is largely funded by student athletics fees.ramster wrote:TP,TruePoint wrote:Couple things - I think the actual percentage is 9%, not 15%. Also, that means that the state only covers (theoretically) 9% of his base compensation which is paid by the University. His total compensation is made up of several different pieces, all of which outside the base salary include 0% state contributions. The state's real dollar contribution, in terms of taxpayer spending, to Hurley's compensation is likely under $50,000. In no real sense does it even make sense to call him a "state employee."
Would the only amount of DH's Salary that is provided by the State be the $300K? In this case only $27K ($300K times 9% of base salary) of his potential $855K salary would be provided by Taxpayers, right? This would represent 3.12% of his Total Potential Salary coming from RI Taxpayers.
RF1,
Would you agree that the rest of the Compensation and bonus potential comes from sources other than the State of Rhode Island? I'm assuming that the bonuses for NIT invite, A10 COY, NCAA Bonuses are not paid by the State, right?
Base Salary: $300,000
Guaranteed $175,000 from home gate receipts escalates by 15k each yr)
Guaranteed $65,000 for an away pay game
Guaranteed $50,000 for radio & tv appearances
Guaranteed $10,000 to participate in other athletic events & URI functions
Guaranteed $12,000 vehicle stipend (paid by FBC)
$5,000 paid by FBC if it raises more than 150K
$25,000 if gross home ticket receipts exceeds 1m
$7,500 for a team 2.5 GPA or $10,000 for a team 2.75 GPA
$8,000 for beach or country club membership (paid for by FBC)
$20,000 for winning A-10 regular season or A-10 Tournament championship
$20,000 for each game played in NCAA Tournament 1st,2nd, and 3rd round
$25,000 for each game played in NCAA Tournament beyond the 3rd round
$5,000 for an NIT invite
$5,000 for A-10 Coach of the Year
$10,000 for NCAA National Coach of the Year
The URI foundation, donors, and marketing revenue make up a large majority of the rest.
The RIBGHE controls what is given to the university. The university then controls how that much money is spent.
Since the University operates pretty much as a private institution, they have to charge 30 grand a year to out of state students.