1. The KillerFrogs

FWST: TCU coaches, AD reduce salaries amid coronavirus pandemic

Discussion in 'Scott & Wes Frog Fan Forum' started by TopFrog, May 15, 2020.

  1. TCU coaches, AD reduce salaries amid coronavirus pandemic

    By Drew Davison

    Facing financial uncertainty amid the coronavirus pandemic, TCU has reduced the salaries of several coaches and administrators within the athletic department.

    A source confirmed that, among others, football coach Gary Patterson, men’s basketball coach Jamie Dixon, baseball coach Jim Schlossnagle and athletic director Jeremiah Donati were among a group who voluntarily reduced their salaries during this crisis.

    Another source added that football assistants Sonny Cumbie, Chad Glasgow, Jarrett Anderson and Dan Sharp also voluntarily took pay cuts.

    Read more here: https://www.star-telegram.com/news/coronavirus/article242749431.html#storylink=cpy
     
  2. This makes me worry they are already planning on not playing football this Fall.
     
    BedfordFrog68 and Sweat Equity like this.
  3. There’s a good chance we don’t. Texas school districts are already discussing online plans until 2021.
     
    Sweat Equity likes this.
  4. This is the feeling being sowed through the grapevine.
     
  5. The universities need the TV money. They will play, probably with limited or no fans. They NEED the TV money.
     
  6. If we don’t have high school football this fall, we’re pulling our sons out and homeschooling.
     
  7. "According to tax documents for the 2017 fiscal year, Patterson made $4.9 million while Dixon made $3.4 million and Schlossnagle made $1.2 million that year."

    Grossly overpaid for the results, grossly grossly overpaid for the results, and underpaid.

    That is all.
     
    jack the weed likes this.
  8. impressed that so far no one has mentioned those four assistants have been stealing money
     
  9. Not quite. Ultimately the pay is based on revenue brought to the University and Patterson could basically write his own check for what he's done the past 20 years. Totally agree on Dixon. And for Schloss, see my comment on revenue brought to the University.
     
  10. Really? You are hearing we won't play?
     
    Boomhauer and DeuceBoogieNights like this.
  11. A college baseball coach making $1.2M/year seems totally out of whack.
     
  12. They were told that they could either find, as an example, $5 million of savings from the coaches pay or by cutting the team's underlying support structures and services. The coaches made the right call here.
     
    Boomhauer and kaiser soze like this.
  13. Several professors were complaining on twitter last night about TCU cutting their 401k match from 11.5% to 8% and suspending merit raises.

    While i certainly sympathize, its not like they are asking them to take an actual pay cut, and kind of comes across as tone deaf in my opinion. 20% unemployment in the real world, and In-person Classes were canceled in March and are TBD for the fall semester. They should be praying classes resume on schedule and enrollment stays constant, or else actual cuts might have to be made.
     
  14. Most if not all colleges are doing the same. In a matter of a few months, we are in a Depression.
     
    Sweat Equity likes this.
  15. He’s going to bring us a National Championship. It shows the school is definitely supporting our baseball program. I wish it was possible to increase the college baseball scholarship limit.
     
    ftwfrog likes this.
  16. Wait - TCU was fully matching 11.5% on 401k? Geez
     
  17. There are a LOT of excesses like that in higher ed, and especially at TCU, that will be rectified by market pressures in coming years.
     
  18. Same thought
     
    nwlafrog and AZfrogs like this.
  19. Wow! I'm a recruiter and have worked with some major companies for mid and upper level management and I have never seen that high of a match. 8% is huge. Just goes to show you that college educators live in an artificial world. No surprise it breeds liberal idealistic (and unrealistic) thought.
     
  20. There's no need to throw the word "liberal" in there. The sentence is fine without it. Unless you mean it as "plenty", which is not how it comes across.

    My father was a 40 year prof at our beloved, and he is as conservative as anyone I know. In fact, many of our school's faculty are.
     
    ifrog, Peacefrog, Horned Toad and 3 others like this.

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