Mark Emmert holds the top job of a major organization. It oversees thousands of people and generates billions in revenue. It’s not surprising the guy makes a lot of money.
It always just looks silly, though, as Emmert is the president of the NCAA, which does not allow its athletes compensation beyond the scholarships schools give them. So, we’ll take a minute to highlight that silliness here.
Emmert, who has led the NCAA since 2010, made $2.9 million in net compensation in 2017, USA TODAY reports after examining the organization’s tax filing.
The 66-year-old was credited with $3.9 million in total compensation, but $1 million of a deferred $1.4 million payment had been reported in prior years, according to USA TODAY.
Three other NCAA executives cleared $1 million in salary in 2017.
Again, given the scope, size and profitability of college sports, it’s not surprising that Emmert and his execs are well compensated, but it’s always worth pointing out that finances in college athletics – from administrative and coaching salaries to facilities to travel – are all inflated because athletes are prohibited from taking part in the profit-taking.
With news coming that athletes could be in line to profit off their name and likeness sometime in the near future and the NBA signaling the end of the one-and-done era, there is progress in player compensation, but during that time, there are a lot of checks getting cashed without players’ names on them.