Being everybody’s favorite punching bag in college athletics at least pays well.
NCAA President Mark Emmert’s total compensation grew by nearly $500,000 during the 2016 calendar year to more than $2.4 million, according to the association’s new federal tax return.
Emmert’s base salary of $2,078,075 represented a 42% increase over his base salary for 2015, or just over $615,000.
Emmert’s contract runs through 2020 and also contains a one-year option. He made around $1.9 million in 2015 with a base salary of just over $1.4 million.
“The Board of Governors’ Executive Committee determines NCAA executive salaries,” association spokeswoman Stacey Osburn said in a statement to the paper. “Members of the committee are university and college presidents from all three divisions. To assist its efforts, the Executive Committee uses an independent third party. This third party undertakes market surveys to ensure salaries of NCAA executives are similar to other comparable executive positions.”
Indeed, Emmert’s salary is somewhat in line with what the Power Five commissioners make but trails all the SEC’s Greg Sankey when it comes to the total. We’re guessing a similar story will play out next year around this time given how revenues for the association continue to shoot up.
USA Today also says that the NCAA’s tax return list a whopping nine executives who had total compensation of more than $450,000 in 2016.