Tuesday, March 20, 2007

Show Me The Money

This article from a recent edition of USA Today discusses the rising salaries of men's college basketball coaches across the country. The corresponding chart reveals that Karl Hobbs makes $377,269 per year at GW (which includes a $9,000 expense account according to the .PDF file showing the university's tax forms).

With the talk of Hobbs heading to South Florida, it is interesting to consider the financial figures. Robert McCullum, the outgoing Bulls coach, made around $450,000 per season, roughly $73,000 more than what Hobbs makes at GW. In addition, according to numbers presented by the Office of Postsecondary Education, GW actually spends about $600,000 more on its basketball program than South Florida. Certainly things to consider if you're a coach thinking about moving to a new school.

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