Do ya'll remember this earth-shattering news back in the day?.........

leeinator

All-Conference
Feb 24, 2014
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"Texas A&M made headlines in January 1982 when they hired Jackie Sherrill away from the University of Pittsburgh with a six-year contract worth $1.8 million—a record-setting deal at the time. Adjusted for inflation, that’s about $5.7 million in today’s dollars.
This contract made Sherrill the highest-paid employee at any American public university back then. He was also named athletic director, which was a common dual role in the '80s to boost compensation. The deal was so controversial that Texas A&M’s president at the time, Dr. Frank E. Vandiver, threatened to resign over it—but ultimately didn’t.
Sherrill’s tenure brought success: three Southwest Conference titles and the birth of the famous “12th Man Kickoff Team.” He resigned in 1988 amid NCAA violations, and the university paid him about $500,000 upon his departure."

That was $300,000 per year! And it absolutely rocked the college football world that a D1 football coach could be paid such a ridiculous amount of money. That was the starting point of the football HC salary wars! Leading all the way into today's time.
 
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mstateglfr

All-American
Feb 24, 2008
15,981
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I don't remember this as I was barely a year old.

It's nearly $1MM per year in today's dollars. Even still, yeah the annual pay at the top has increased exponentially...and it's totally unjustifiable. All salaries of the highest paid 50 coaches could be cut in half and they would still be paid an insane amount of money for coaching. Some of those coaches won't even make a bowl game.
FYI- I think Lebby was 50th last year.
 

Dawgzilla2

All-Conference
Oct 9, 2022
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I remember it well. It was big news when it happened; shocking that a University employee would make more than the President, even if he did hold two jobs.

By comparison, Bryant made $100,000 per year at Alabama serving as coach and AD. But he also got over $300,000 annually from TV and radio deals, plus undisclosed endorsement deals, along with business deals with boosters. Plus, the University provided his housing and transportation. I'm sure Sherrill had a lot of side money deals as well.

TV money changed everything. Which goes back to the first big anti trust suit the NCAA lost, when UGA and Oklahoma sued to allow schools and conferences to negotiate their own TV deals.
 
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