Life is good when you don’t have to pay the help much.
The costs of doing business for the NCAA continue to increase. NCAA president Mark Emmert received approximately $1.8 million in compensation during the 2013 calendar year, and the NCAA’s legal fees rose 59 percent to $13.8 million, according to the association’s latest federal tax return released Tuesday. Emmert made about $100,000 more in 2013 than the previous year. He had a base salary of $1,365,298, received $201,127 in other reportable compensation, and was credited with $235,700 in retirement/deferred payment that he can receive in 2017… … Like many coaches and athletic directors, salaries continue to increase for NCAA administrators. In 2007, the NCAA reported spending almost $6 million to compensate 14 of its highest-ranking executives. In 2013, the NCAA’s 14 highest-ranking officials totaled $8.5 million. [Emphasis added.]
They’re worth every penny. Just ask ’em. And the legal bills? They’re for a noble cause. Even the usually close-mouthed Stacey Osburn is on board with that story.
The NCAA’s legal expenses rose to $13.8 million in 2013-14 as the association fights a number of lawsuits, up from $8.7 million the previous year. As recently as 2010-11, the legal costs were $4.1 million. The increase is because the NCAA “continues to defend its mission and core values,” NCAA spokeswoman Stacey Osburn said.
Given the pay bumps, I’d say the lawyers are doing their jobs.
In ‘Murica, freedom isn’t free. Neither is amateurism.