ANN ARBOR MI - JANUARY 12: University of Michigan Athletic Director Dave Brandon speaks to the media after being introducing Brady Hoke as the new head football coach to the media at the Junge Family Champions Center on January 12 2011 in Ann Arbor Michigan. (Photo by Gregory Shamus/Getty Images)
The Michigan Wolverines have given athletic director Dave Brandon a significant pay raise along with a three-year extension after two years with the University.
The Michigan Wolverines are happy with the way that athletic director Dave Brandon has performed in his two years with the University, and as such, have given him a new contract extension and a significant pay raise, according to AnnArbor.com. Brandon has overhauled the athletic department since taking over, letting go of 85 employees and hiring on more than 100 new ones, while creating multiple new positions to help it all run like a well-oiled machine.
He brought in Brady Hoke for the football team and sent Rich Rodriguez packing. On top of all of that, he has made major progress in multiple upgrades to the stadiums and arenas. In short, he's just been pretty awesome.
According to the report, Brandon was making $600,000 in 2011, with a possibility of $165,000 in bonus pay, with $100,000 in deferred compensation. Under the new three-year extension, Brandon will earn $800,000 in base pay this year, with the possibility of a huge $200,000 in bonus pay.
On top of all of that, there are guaranteed tickets and travel reimbursement and, of course, usage of the swanky golf courses maintained by the university. For further details you can check out the link here.
As it stands, Brandon is one of the highest-paid athletic directors in the nation, though he's still not making as much as he did as CEO for Domino's Pizza - where he made $3.2 million in 2008. The man he replaced, Bill Martin, made $380,000 in March 2010.