Who are SU's highest paid employees?
Tue, 18 Nov 2008 13:53:04 GMT —
Chancellor Nancy Cantor, recently fired football coach Greg Robinson and Hall of Fame basketball coach Jim Boeheim were the highest paid employees Syracuse University last year, each earning more than $1 million in compensation and benefits, according to tax records.
Robinson, who was fired Sunday four years into a five-year contract after compiling a 9-36 record, was paid a salary of $1,126,184 for the 2007 fiscal year, which ended June 30.
With benefits, Robinson was paid a total of $1,190,078, just less than Cantor's total earnings of $1,201,874, according to Internal Revenue Service form 990s.
It was the first time in recent years that a sports figure did not top the school's top 10 earners list.
Cantor's earnings of $1,075,000 included two bonuses - a $25,000 performance bonus and a $500,000 retention bonus for completing her original contract. The bonuses boosted her overall compensation by 58 percent, but her actual salary increased only about 1.9 percent, from $540,000 to $550,000.
Cantor donated her retention bonus to the university, said Kevin Quinn, Syracuse's vice president for public affairs. It was part of a $1 million donation from Cantor and her husband, Steven Brechin, a Syracuse sociology professor.
While Robinson's total compensation package increased by 9.5 percent in 2007, Boeheim's total earnings fell about 9.6 percent from a year ago to $1,155,088. Boeheim's salary is $986,729.
Boeheim's compensation was down year-to-year because he received a one-time payment that increased his total compensation in fiscal year 2006, Quinn said.
Seven other university employees made more than $370,000 in fiscal year 2007: including two deans, a professor, the chancellor emeritus, the chief financial officer, the provost and the athletic director, according to the form.
There will be no salary increases for fiscal year 2010 for cabinet officers, academic deans and the chancellor, Cantor announced last week. The university has said its operating budget was being squeezed by rising costs for energy, technology, travel, safety and security, employee health care and interest on debt.
Additionally, the university's investments also were being pinched by the soured economy and have lost about $302 million in 16 months.