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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

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Arts & Entertainment

The Highest Paid College Football Coaches in 2015

By
Erik Sherman
Erik Sherman
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By
Erik Sherman
Erik Sherman
Down Arrow Button Icon
December 12, 2015, 8:30 AM ET
of the SEC Championship game at the Georgia Dome on December 6, 2014 in Atlanta, Georgia.
Caption:ATLANTA, GA - DECEMBER 06: Defensive coordinator Kirby Smart of the Alabama Crimson Tide celebrates their 42 to 13 win over the Missouri Tigers in the SEC Championship game at the Georgia Dome on December 6, 2014 in Atlanta, Georgia. (Photo by Kevin C. Cox/Getty Images) Photograph by Kevin C. Cox — Getty Images

The most prestigious award in college football, the Heisman Trophy, will be presented Saturday night. Winning the annual Heisman Trophy is a big deal for a college player. The award is recognition of “performance [that] best exhibits the pursuit of excellence with integrity.”

A Heisman win comes with no financial reward, but it can be worth hundreds of millions of dollars to the schools — in extra donations, ticket sales, licensing fees, sponsorship deals and more. As for the players? There is no such bonanza guaranteed, according to ESPN.

There’s increasing controversy over how unpaid athletes become a gold mine for the schools that give them their scholarships. Northwestern players unsuccessfully petitioned to create a union, claiming they were effectively university employees. One flash point are the millions in annual salary head coaches at the biggest public universities can command, often making them the highest paid public employee in their respective states.

College football has long been big business. The 65 schools that comprise the top five conferences pulled in $3.17 billion in revenue in 2014 alone, according to a Fortune analysis of Department of Education data. That’s an average of $48.8 million per institution.

To make those revenue numbers, these big schools pay their head coaches well, making them the biggest individual winners of all. Here are the salaries of the ten highest paid head football coaches, using data compiled by USA Today. They are all the top paid public employees in their states except for Kevin Sumlin, head coach at Texas A&M University, and that’s only because Charlie Strong at the University of Texas makes more. Also listed is the average pay for the nine full-time assistant coaches for each team.

1. Nick Saban

School: University of Alabama
Conference: SEC
Total pay: $7,087,481
Average assistant coach pay: $580,788
Highest paid state official: Yes

2. Jim Harbaugh

School: University of Michigan
Conference: Big Ten
Total pay: $7,004,000
Average assistant coach pay: $472,074
Highest paid state official: Yes

3. Urban Meyer

School: Ohio State
Conference: Big Ten
Total pay: $5,860,000
Average assistant coach pay: $446,883
Highest paid state official: Yes

4. Bob Stoops

School: University of Oklahoma
Conference: Big 12
Total pay: $5,400,000
Average assistant coach pay: $418,722
Highest paid state official: Yes

5. Jimbo Fisher

School: Florida State University
Conference: ACC
Total pay: $5,150,000
Average assistant coach pay: $476,089
Highest paid state official: Yes

6. Charlie Strong

School: University of Texas
Conference: Big 12
Total pay: $5,100,270
Average assistant coach pay: $434,011
Highest paid state official: Yes

7. Kevin Sumlin

School: Texas A&M University
Conference: SEC
Total pay: $5,000,000
Average assistant coach pay: $491,040
Highest paid state official: No

8. James Franklin

School: Penn State
Conference: Big Ten
Total pay: $4,400,000
Average assistant coach pay: N/A
Highest paid state official: Yes

9. Les Miles

School: Louisiana State University
Conference: SEC
Total pay: $4,388,721
Average assistant coach pay: $607,915
Highest paid state official: Yes

10. Hugh Freeze

School: University of Mississippi
Conference: SEC
Total pay: $4,310,000
Average assistant coach pay: $343,444
Highest paid state official: Yes

About the Author
By Erik Sherman
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