The News & Observer has a story out today that reviews UNC football coach Butch Davis' salary and attempts to assess whether the school is getting its money's worth. Perhaps unsurprisingly, in light of this Saturday's Meineke Car Care bowl game in Charlotte, and with the season-long increased attendance and revenue, they've decided that Davis' $2 million compensation package has been a worthwhile investment.
No argument here, at the moment. But the breakdown is interesting:
Davis' contract, renegotiated with a raise after one 4-8 season and signed by the university Board of Trustees this past January, calls for a base salary of $315,000, a retention clause worth $157,000, supplemental income from the Educational Foundation for $1.15 million, $30,000 in expenses and a bowl bonus of $26,249.
Davis' separate contracts for athletic apparel and television/radio obligations are worth an additional $400,000.
All told, it adds up to $2,078,249.
So, minus the athletic apparel and TV/radio deals, UNC pays Davis $1.6 million. Of that amount, two chunks of it are interesting.
Any idea why we can't find a salary for Coach Davis on these databases? Let us know, thanks. We'd do some heavy Googling for more answers, but we're wrapping Christmas presents and preparing to hit the road. Have a great holiday.