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Jim Tressel (National Champion, ex-President, Youngstown State University, CFB HOF)

UpNorthBuckeye;1692789; said:
Is $4 mil a lot? Not compared to what the CEO of Huntington Bank makes.

(someone look that up!!)

Apparently $4 mil is a lot. In 2009, Huntington Bancshares CEO Stephen D. Steinour received $1,968,566 in total compensation. Compared to most CEOs, Steinour appears to be a piker.
 
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People saying that faculty aren't under enormous pressure or lack accountability in their positions probably aren't fully considering what the position entails. I'm not trying to say that means the Jim Tressel doesn't deserve what he makes - he deserves every penny and then some. There's no need to gloss over the responsibilities of faculty to make that point however.
 
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My Huntington Bank comparison was a bad one... how about Goldman Sachs' CEO, Blankfein, who made $42 mil last year?

Coach T is a bargain.

Or, compare him to Rich Rodriguez... who probably made a couple mil last year. Who is a better bargain??

I know I'm feeling pretty under-appreciated myself!
 
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jlb1705;1692883; said:
People saying that faculty aren't under enormous pressure or lack accountability in their positions probably aren't fully considering what the position entails. I'm not trying to say that means the Jim Tressel doesn't deserve what he makes - he deserves every penny and then some. There's no need to gloss over the responsibilities of faculty to make that point however.

Right I wasn't trying to say that faculty had it easier then flipping burgers at McDonald's or that it is even an "easy" job, but I just don't think you can view it as having the same amount of pressure and accountability as a head football coach, there's just no way you can argue that professors are under the same microscope that the Ohio State head football coach is, that's not trying to discredit profs because you can say that same thing about most any profession, which is why Coach Tressel's salary is likely higher then any of ours.
 
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Tressel to accept Duffy award
Dantonio to present to Buckeyes coach tonight at Eagle Eye
Joe Rexrode ? [email protected] ? April 29, 2010

EAST LANSING - Marcus Freeman won four Big Ten championships playing for Jim Tressel at Ohio State. He played in two BCS championship games and never lost to rival Michigan.
Advertisement

Freeman spent five seasons in Columbus, playing in one of college football's majestic environments while collecting nearly 300 tackles and a pair of All-Big Ten nods. Yet he said the moment that stands out was a talk he had with Tressel before his final season in 2008.

"I had my degree and I could have taken a few easy classes just to be eligible to play, but coach Tressel told me I needed to push to get my master's degree," recalled Freeman, who later had to end his NFL career after one season because of an enlarged heart valve. "That's the greatest thing he's done for me."

Mark Dantonio worked eight combined seasons for Tressel at Youngstown State and Ohio State, winning a national championship with the Buckeyes as Tressel's defensive coordinator in January of 2003.

Yet one of Dantonio's prevailing memories of their time together is his 2001 OSU interview with Tressel - during which Tressel produced his invitation to Dantonio's 1990 wedding, the birth announcements of Dantonio's two daughters and a list of goals Dantonio wrote in 1986.

That's detail. That's a personal touch. That's Tressel, say those who know and observe him. And that helps explain the bountiful success at Ohio State for the coach who tonight will receive the Duffy Daugherty Memorial Award for contributions to college football.

Tressel to accept Duffy award | lansingstatejournal.com | Lansing State Journal

[ame="http://www.youtube.com/watch?v=kVWZWtSCLPQ"]YouTube- Tressel Talks State Football Finals[/ame]
 
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Edit: Responding to the earlier discussion regarding football coach pay a week late. :)

Don't forget that a faculty member who is a top researcher in their field has the ability and potential to do a number of things to increase their compensation. They can publish textbooks or popular books in their field, they can patent discoveries, they can found companies based on those discoveries, work as expert consultants to industry, and in exceptional cases, win a Nobel Prize.

Among football coaches, most colleges in the larger picture, once you include D-II, D-III, NAIA, and junior college, don't pay their coaches significantly beyond a faculty member, and high schools rarely pay anything beyond a teachers' salary. So, if you consider the entire profession of head football coach, earning at Tressel's level is very rare and comparable to what exceptionally high earning professors might make when all income is accounted.

As an example, I've known professors who built moderate real estate empires as an adjunct to their academic careers; Finance professors with literally millions in the markets and engineering professors who did consulting work at $250/hr in a specialized field. My father as an education professor was once hired for a consulting contract by the Saudi government that paid him a significantly higher amount than his university salary.

The point is, if you're some slacker English Lit prof at a backwater school who publishes a paper a decade and spends the rest of his time trying to get lucky with undergrads, you're getting paid crap and deserve it. If you're truly at the very top in your field in academia, there are normally any number of ways to translate that into a seven figure income (see Hawking, Stephen), just like the head football coach. It wouldn't surprise me to find out that a faculty member at tOSU, perhaps multiple faculty, earned more total income last year than Tressel.
 
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Tressel shows sense of humor in Ashland
BY JON SPENCER ? News Journal ? May 13, 2010

ASHLAND -- There's only one way Ohio State football coach Jim Tressel's trip to Ashland could have been more perfect Wednesday night. He would have accepted his Sportsman of the Year Award from Ashland University's Gridiron Club and driven away in a shiny, red Mustang convertible.

The car has been on his wish list since he became coach of the Buckeyes in 2001.

"I said, 'Sweetheart, we're in the big time now," Tressel said, sharing a conversation he had with his wife, Ellen, after being named to the post. " 'If we go to the Rose Bowl, can I get a convertible?' She said 'Sure.'

"The first year, we obviously didn't go. The next year we go (14-0) and win the national championship. I'm kind of feeling it. I said, 'Well, what do you think about that convertible?' She said, 'I said Rose Bowl.'

"So we went on, some years better than others. It seemed like every year we'd get to the Rose Bowl, we had to go to that darn national championship. It almost cost me my job and the convertible."

Tressel shows sense of humor in Ashland | mansfieldnewsjournal.com | Mansfield News Journal
 
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BrutusBobcat;1698237; said:
The point is, if you're some slacker English Lit prof at a backwater school who publishes a paper a decade and spends the rest of his time trying to get lucky with undergrads, you're getting paid crap and deserve it.

Listen, I'm not joking, this is my job!

Jennings.gif
 
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BrutusBobcat;1698237; said:
It wouldn't surprise me to find out that a faculty member at tOSU, perhaps multiple faculty, earned more total income last year than Tressel.
I would bet with a great deal of confidence that that isn't true, unless you want to count something like investment income, which really shouldn't be counted for purposes of this discussion (and even then it's probably not true). All professors make crap compared to Jim Tressel, even the ones who work their butts off and are highly regarded researchers. And I don't have a problem with that; Jim Tressel brings far more money to the university than any professor does. But even the Nobel Prize, which you understatedly referred to as "rare", yields a one-time payment that is a small fraction of Tressel's annual salary. In general, the factors you cited a)virtually never pay anywhere near what Tressel makes, and b) are extraneous revenue streams. You don't think Tressel can charge beaucoup bucks for speaking gigs, on top of his base salary? You don't think Tressel can write a lucrative book? Don't weep for professors, they make decent money by normal standards and, once tenured, have near perfect job security. But even the ones who would be regarded as leaders in their field don't make anywhere near what Jim Tressel makes.
 
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If there is a faculty member at OSU that makes over $1,000,000 in salary, I will eat a doorknob. It's possible that some faculty make more than that as outside consultants or from businesses they may own independent of the university, but I am willing to go on record and say that no faculty member makes more than that.

And no, administrative personnel aren't faculty members.
 
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And football generates what $60 Mil plus or minus and funds about 30 varsity sports programs.

There is one head football coach and how many professors? The football coach is a minimum top 5 in the country while there are many PHDs teaching at a lot of prestigous schools. Reality is, the head football coach adds lot of value to the university. No single professor has a similar impact. In aggregate the professors add value but add or take away a few professors here or there, and there is little impact on the university.

Think of a movie star versus a character actor. A great ensemble can carry a movie as can a movie star. Substitute supporting actors and the movie is the same. Take away the star and the movie is different.​
 
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TheIronColonel;1703570; said:
If there is a faculty member at OSU that makes over $1,000,000 in salary, I will eat a doorknob. It's possible that some faculty make more than that as outside consultants or from businesses they may own independent of the university, but I am willing to go on record and say that no faculty member makes more than that.

And no, administrative personnel aren't faculty members.

Here are the top OSU earners from fiscal 2008:

Graphic: Who made the most | The Columbus Dispatch

There's a handful of faculty earning over $600K in base salary.
 
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BayBuck;1704185; said:
Here are the top OSU earners from fiscal 2008:

Graphic: Who made the most | The Columbus Dispatch

There's a handful of faculty earning over $600K in base salary.

While none of those are over $1,000,000, I'm going to further point out that every single person on that list who could qualify as faculty is also at the medical school, and likely does work in the hospital outside of their teaching duties. So yes, it's salary, but it's not exactly what I meant.

Nonetheless, I think the point has been established and beaten in to the ground by now.
 
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