Les sees 60% raise over two years

I heard about this Bradley Scout article from Mazr via Billy’s blog. The article is mainly about how Joanne Glasser is one of the highest-paid college presidents in Illinois, but both Mazr and Billy picked up on Bradley Basketball coach Jim Les’s jaw-dropping salary of $419,414 (including benefits) for the 2007-08 school year. That’s just $1,586 shy of the college president’s salary.

What really floored me, though, was this: “Two years earlier, Les earned $262,905.” That means Les’s salary increased $156,509, or nearly 60%, in just two years. This raise coincides with Bradley’s NCAA appearance in 2006, when they made it to the Sweet Sixteen for the first time since 1955. I presume the NCAA berth and his salary bump are connected.

It sounds like a lot of money to me, and I find it strange that the basketball coach would be on equal salary terms with the college president. It gives the impression that athletics and academics are of equal value. However, Les’s salary was actually quite low compared to other NCAA Division I coaches, according to this USA Today report from 2006. Before his salary bump, Les was one of the 20 lowest-paid coaches. At that time, 17 coaches made over $1 million, and 33 made over a half million.

I can’t find a recent salary comparison, but I would assume Les is making a respectable average salary among coaches in his division now. Is he worth it? I’ll let those who follow basketball more than I answer that question.