Deals

Which Coaches Earn Their Keep?

How do Wall St. Executives and basketball coaches earn so much while the institutions they preside over crumble? The answer is simple: the market pays their salaries. And like the fallen bankers who used to earn in some proportion to their bank’s profits, “the reason coaches earn so much money is that their basketball programs bring in so much,” according to a recent Wall St. Journal study. The report weighs success against salary for NCAA coaches, exposing which earn their keep (Clemson’s Oliver Purnell) and which are among the game’s most overpaid (Georgia Tech’s Paul Hewitt).