I find this hard to believe

Discussion in 'The Tiger's Den' started by col reb, Nov 30, 2007.

  1. col reb

    col reb Founding Member

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    I guess ole JoPa really does love PSU. Today's paper revealed he was paid $490,638 last year and is on tract to make $512,664 this year. He says, "I am paid well. I'm not overpaid. I got all the money I need." How rare is that in todays sports world? His kind of loyalty to PSU and that kind of salary? Just think what he could have demanded and gotten through the years. I'm shocked.
     
  2. GEAUX TIGERS

    GEAUX TIGERS Founding Member

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    I'm sure that's his "base" salary. He gets "paid" more than that... :wink:
     
  3. TexasTigers

    TexasTigers Are You With Me ?

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    "I find this hard to believe"

    well... Dont believe it then. (From the Movie Mash, one of the most underated movies of all time)


    I think this was debated a few days ago.
     
  4. col reb

    col reb Founding Member

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    that's not the way the article reads to me:huh:

    HARRISBURG, PA. JOE PATERNO'S salary is no longer one of the most closely guarded secrets in college sports. The Penn State coach will earn more the $500,000 this year.

    The State Employees' Retirement System released Paterno's salary Thursday, more than a week after the Pennsylvania Supreme Court ruled that his salary and those of other top Penn State officials are public information.

    Paterno was paid $427,220 in the first 10 months of 2007___putting his year-end salary on track to be $512,664. He was paid $490,638 last year, according to the retirement system.

    "I'm paid well. I'm not overpaid," Paterno said earlier in the day, during an interview with reporters about his upcoming College Football Hall of Fame induction. "I got all the money I need."

    But it's not even close to what some other big-name coaches are making. Alabama's NICK SABAN is the highest paid coach at $4 million per year, while Oklahoma's BOB STOOPS makes over $3 million. Ohio State's JIM TRWSSEL, Florida's URBAN MEYER and South Carolina's STEVE SPURRIER make upward of $2 million annually.

    Maybe you're right. Just reads different to me. I thought maybe we found something in him that is not ofter seen today.:thumb:

    I already held a lot of respect for him. If the way I read this is correct, I certainly respect him more today.
     
  5. Beaux-Bo

    Beaux-Bo Founding Member

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    I would assume that the State Employment Retirement System (who sued PSU to disclose the salary) was only entitled to his state salary. Since a booster organization or apparel contract revenue is not part of the state retirement system they did not have to disclose that.

    That being said it does not surprise me that he is not driven by large sums of money.
     
  6. TigerBait3

    TigerBait3 Guest

  7. HatcherTiger

    HatcherTiger Freedom Isn't Free

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    Yeah but his glasses cost $400k a pair so he's really not netting much money.
     
  8. LSUTyga73

    LSUTyga73 Football Connoisseur

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    He probably still thinks its the 1940's where that would be a lot of $$.
     
  9. USMTiger

    USMTiger Founding Member

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    That's not bad considering the man is now only a figurehead, and not actually a coach.

    Coaches wear headsets and talk to coordinators. He paces the sidelines.

    No disrespect intended. I personally like the guy. But he is no coach (anymore).
     
  10. GEAUX TIGERS

    GEAUX TIGERS Founding Member

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    I'm sure he has contracts for radio and tv too that he gets money from. Along with money from Boosters.
     

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