BleedGopher
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per MPR:
New University of Minnesota football coach P.J. Fleck could make $18 million over five years, the largest contract ever given out to a U of M coach. And some members of the Board of Regents think the board should have something to say about spending that kind of money.
Until 1996, the Regents did, just as the financial overseers of eight of the 13 Big Ten schools do.
“The board is the public’s last opportunity to review and ensure that not only the selection, but the compensation … is consistent with our expectations as an institution and as a state,” Regent Darrin Rosha tells Minnesota Daily today.
And Regent Michael Hsu says nobody has indicated how the U of M intends to pay for Fleck’s deal.
“We, as regents, have a fiduciary responsibility to make sure that we understand what we’re approving, and we should be approving large contracts,” he said.
http://blogs.mprnews.org/newscut/2017/01/regents-want-bigger-say-in-size-of-u-of-m-coaching-deals/
Go Gophers!!
New University of Minnesota football coach P.J. Fleck could make $18 million over five years, the largest contract ever given out to a U of M coach. And some members of the Board of Regents think the board should have something to say about spending that kind of money.
Until 1996, the Regents did, just as the financial overseers of eight of the 13 Big Ten schools do.
“The board is the public’s last opportunity to review and ensure that not only the selection, but the compensation … is consistent with our expectations as an institution and as a state,” Regent Darrin Rosha tells Minnesota Daily today.
And Regent Michael Hsu says nobody has indicated how the U of M intends to pay for Fleck’s deal.
“We, as regents, have a fiduciary responsibility to make sure that we understand what we’re approving, and we should be approving large contracts,” he said.
http://blogs.mprnews.org/newscut/2017/01/regents-want-bigger-say-in-size-of-u-of-m-coaching-deals/
Go Gophers!!