1/1/12: Last week we wrote about how past athletic victories caused UO donors to give more to athletics, and less to academics. Today Sam Stites of the ODE writes on how much Chip Kelly and Rob Mullens will get from the Rose Bowl win etc: $295,000. Not clear if the assistant coaches also get bonuses. Naturally the players get jack. There is also no deduction for costs, leaving these two with every reason to continue spending more and more of the academic side’s money. Mullens won’t even make Chip Kelly pay for the $150,000 Willie Lyles investigation. I’m no economist, but I believe they call these “perverse incentives”.
then what do economists call Penn State?
Heard about the new $5 million Jaqua gift/endowment to be used to support athletic dept. costs related to the Jock Box?
Tell me more, you tease.
Nothing more to tell, they’ve given $5 mill to create an endowment to cover what little the athletic side actually has to pay for to run and maintain the box. You probably have a better idea than I do what that actually is, fresh coffee mugs for Lorraine?
Any idea who the donor was?
It really won’t offset any of the academic side’s costs? My understanding is that the AD just pays 2/3 of the utilities and maintenance – everything else is out of the Provost’s office.
I don’t know the details, but the money is from the Jaquas.