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7/23/2020 6:58 am  #1


Ole Miss coaches like Lane Kiffin, Kermit Davis, take pay cuts

Ole Miss coaches like Lane Kiffin, Kermit Davis, take pay cuts as pandemic continues

OXFORD — All Ole Miss athletics employees who make more than $100,000 annually have agreed to take pay cuts during the COVID-19 pandemic, athletics director Keith Carter confirmed to the Clarion Ledger on Wednesday.

That bracket of employees includes a large number of coaches. Football coach Lane Kiffin and all 10 of his on-field assistants make at least $100,000, as does the football strength and conditioning coach. Men's basketball coach Kermit Davis, women's basketball coach Yolett McPhee-McCuin, baseball coach Mike Bianco and softball coach Jamie Trachsel would also take a pay cut.

Carter told the Clarion Ledger that some of pay cuts will last for a three-month period and others will last for as long as six months. Carter did not say how big the pay cuts will be.

Ole Miss is just the third among 14 SEC schools to announce pay cuts to athletics during the COVID-19 pandemic, which continues to spread across the United States and put the 2020 college sports calendar in jeopardy. South Carolina and Missouri have announced similar pay cuts for coaches and administrators. 

According to documents obtained by the Clarion Ledger, Ole Miss is supposed to pay $4.875 million on assistant football coaches in 2020, in addition to the $3.9 million Kiffin is slated to make on his own. 

In an interview with the Clarion Ledger in May, Carter said he didn't expect any Ole Miss employees to be furloughed or have to take pay cuts before June 30. Early on in the pandemic, Ole Miss refunded $900,000 in donations and ticket sales for spring sporting events. That said, the athletic department was also able to defer $1.4 million in donations and ticket sales to the 2021 academic budget and pocket $384,000 in donations and ticket sales that fans did not ask to have refunded.

SOURCE: Suss, Nick. "Ole Miss coaches like Lane Kiffin, Kermit Davis, take pay cuts as pandemic continues." Mississippi Clarion Ledger, 22 July 2020, https://www.clarionledger.com/story/sports/college/ole-miss/2020/07/22/ole-miss-coach-lane-kiffin-pay-cuts-pandemic-continues/5490186002/

Contact Nick Suss at 601-408-2674 or nsuss@gannett.com. Follow @nicksuss on Twitter.


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7/23/2020 9:19 am  #2


Re: Ole Miss coaches like Lane Kiffin, Kermit Davis, take pay cuts

If football doesn't happen, most of every athletic department will be in a serious financial bind.

 

7/23/2020 9:59 am  #3


Re: Ole Miss coaches like Lane Kiffin, Kermit Davis, take pay cuts

It is amazing to see that these schools are dependent upon one season to make or break the budget.  A smart school or AD would have financial reserves available for emergency situations.  Also, they could learn to spend less and work to eliminate waste, overpaid employees, and not needed employees.  Where's Pete Boobe when you need him!!!


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7/27/2020 9:46 am  #4


Re: Ole Miss coaches like Lane Kiffin, Kermit Davis, take pay cuts

Completely insane. Schools have insurance. Also, if your school is living "paycheck to paycheck" then they need to get their financial house in order. With the crazy money the SEC network has put into these SEC schools the past 5 year, no excuse for anyone having to take a pay cut.  The past 5 years JUST the SEC network has given each school over 200 million each.

 

 

7/27/2020 10:32 am  #5


Re: Ole Miss coaches like Lane Kiffin, Kermit Davis, take pay cuts

They are like these federal state and local govts. They spend 5 years anticipated revenue without a thought about, "what if". They just turn to us and get more. It will be interesting.

 

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