Lew Perkins Makes Almost As Much As Mack Brown

by srr50 on Apr 4, 2010 10:35 PM CDT

Perkins is the Kansas Athletics Director, and the Kansas City Stars reports that thanks to a one-time retention bonus, Pekins made 4.4 million in 2009.

Most of the bonus came from Kansas Athletics Inc a non-profit corporation that oversees University Athletics. Only about $200,000 of his 2009 compensation came from state funds. Perkins has been at Kansas for 7 years. Kansas has a basketball national championship and a BCS bowl appearance in that time. Perkins fired football coach Mark Mangino this past season and hired Turner Gill as his replacement.

Perkins, shown here with Gale Sayers, oversees a Kansas athletics budget that reported revenues of just over $70 million in the academic year of 2008-09, and turned a profit of just under $5 million.

Kansas says Perkins compensation for 2010 will be just over $900,000 which will make him the second-highest paid AD, behind behind Jeremy Foley of the University of Florida. Foley has been at Florida for 18 years, and oversees an athletics program that had revenues of $101 million in 2008-09 with a little under $8 million in profit.

Texas Athletics Director Deloss Dodds is schedule to make $752,000 this year.

Under Dodds leadership, Texas reported over $138 million in revenue for 2008-09 with just under $113 million in expenses.

Dodds has been Athletics Director at Texas for 29 years, and for those wondering how much longer he might be at UT, he has an an after-tax $750,000 annuity payment due in 2011 that would bring his compensation to almost $1.4 million for the year.

As salaries escalate across the board in major college sports programs, you will see more attempts at broadening revenue streams, such as expanding the NCAA basketball tournament to 96 teams, and you will inevitably see further downsizing in D-1 football.

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Interesting article.

You lost me at the end though. Why do you think that D-1 football is going to downsize? We already have College Football on Thursday night, Friday night, all day Saturday, and what…35 bowl games? There is more money than ever in CFB…what’s going to cause the contraction and on what level?

by Navy Horn 16 on Apr 4, 2010 10:54 PM CDT reply actions

srr50, I was wondering what your thoughts were on the idea that the 96 team expansion is not actually adding money into the system, but merely allowing the NCAA to maintain its current levels. Frank the Tank posited that idea here (http://frankthetank.wordpress.com/2010/04/01/the-real-economic-reason-for-ncaa-tournament-expansion-avoiding-a-pay-cut/).

by historyhorn on Apr 4, 2010 11:23 PM CDT reply actions

Navy – I think he means fewer teams not less TV. Table stakes are through the roof on this and not everybody can play at that level.

by Sailor Ripley on Apr 5, 2010 12:15 AM CDT reply actions

HH, that’s been the thinking all along. They foresaw a drop in the next contract and are attempting to forestall it.

by Bob in Houston on Apr 5, 2010 7:36 AM CDT reply actions

Lew went all in on the Mangino dismissal. That was his baby all of the way. Now, he needs Turner Gill to come through. I don’t think KU is at any risk of becoming a football school, but a taste of success there and the money they’ve tied into facilities makes success important in a way it hasn’t been previously.

by Scipio Tex on Apr 5, 2010 1:18 PM CDT reply actions

the money they’ve tied into facilities makes success important in a way it hasn’t been previously.

Exactly. They’ve put a lot of money into football facilities lately. To fund it, you’ve got to get asses in the seats and keep the boosters happy. Winning is the best way. People who’ve talked to Turner Gill are loving him around here.

by Triston27 on Apr 5, 2010 1:38 PM CDT reply actions

And he is at least indirectly caught up in a ticket scandal at KU and just announced he is retiring next year.

Not sure that was the smartest retention bonus ever. All he has to do is keep basketball from imploding and that deal runs itself.

by bullzak on Jun 10, 2010 5:17 PM CDT reply actions

Simply killing some in between class time on Digg and I discovered your article . Not usually what I favor to examine, nevertheless it was completely price my time. Thanks.

by Shantel Stutts on Feb 5, 2011 6:14 PM CST reply actions