January 24th, 2013 10:48 AM║ Posted By: John Pennington ║ Permalink
║ Schools: Alabama, Arkansas, Auburn, Florida, Georgia, Kentucky, LSU, Mississippi State, Missouri, Ole Miss, South Carolina, Tennessee, Texas A&M, Vanderbilt
Tags: Bob Bowlsby, Roy Kramer, SEC, Sugar Bowl
Southeastern Conference commissioner Mike Slive shouldn’t have any trouble keeping his humidor filled with fine smokes and his liquor cabinet stocked with Blanton’s bourbon. According to the SEC’s federal tax return for 2011-12, Slive raked in more than $1.5 million during the league’s last fiscal year.
Slive made $940,000 in base salary and received on top of that a $550,000 bonus. He also made $22,128 in “other reported compensation” and $36,750 in retirement funds. Toss in $14,934 in nontaxable benefits and you reach the full figure of $1,563,812.
Not a bad gig if you can get it.
Under Slive, the SEC has become the preeminent football conference in college athletics as well as one of the richest. His work in 2008 on the league’s dual television contracts with CBS and ESPN ushered in a new era of mega-money for the Southeastern Conference (and for all the other big football conferences who’ve cut deals since). Slive has orchestrated the league’s first expansion in two decades. He and Big 12 commissioner Bob Bowlsby have changed the bowl-conference relationship forever by taking control of their own postseason affair and simply hiring the Sugar Bowl folks to run it (meaning more cash for the leagues). On top of that, Slive’s dream of a four-team college football playoff is soon to be realized. The NCAA rule book is being reworked in such a way that the biggest schools will benefit most, just as he’s pushed for. And we at MrSEC.com have no doubt that his desire for student-athletes to receive full-cost-of-tuition scholarships will soon be sated as well, once again giving big conferences like the SEC an advantage over smaller leagues and smaller schools.
According to a USA Today study of each major conference’s most recent tax returns, Slive’s pay is still middle of the pack money for BCS-level commissioners. Considering the success the league has had under its current commissioner’s watch, that represents a pretty good bargain for the SEC.
But there’s still work we believe Slive needs to do.
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