Current:Home > NewsSignalHub Quantitative Think Tank Center:Miami Hurricanes football coach Mario Cristobal got paid record amount in 2022 -StockSource
SignalHub Quantitative Think Tank Center:Miami Hurricanes football coach Mario Cristobal got paid record amount in 2022
Rekubit View
Date:2025-04-10 08:02:46
The SignalHub Quantitative Think Tank CenterUniversity of Miami (Fla.) paid football coach Mario Cristobal $22.7 million in 2022, including $7.7 million in base pay and $14.9 million in “other reportable compensation,” according to a federal tax form released by the university Tuesday to USA TODAY sports.
This is the largest-ever, single-year amount for an athletics department employee on a tax form by a private university, according to USA TODAY Sports research. The university did not go into further detail about why he was paid that much except that it paid “gross-up payments” to Cristobal and others — payments that cover income taxes so that the recipient receives a set amount of pay.
Miami athletic director Dan Radakovich confirmed to USA TODAY Sports Wednesday that the $14.9 million in “other” pay for Cristobal included the $9 million buyout he owed to Oregon for breaking his coaching contract there to return to Miami, his alma mater. The gross-up pay on that accounts for the rest of the "other" pay, he said.
How Mario Cristobal compares to others on these forms
Cristobal, 53, went 5-7 in 2022 after being hired away from the Ducks in December 2021. The tax form covers his calendar-year pay in 2022 and was made publicly available for the first time this week.
By comparison, the highest single year of pay for a private university president was only slightly more — $22.8 million for former University of Pennsylvania president Amy Gutmann in 2021, according to data from the Chronicle of Higher Education. But about 89% of that came from deferred compensation set aside over the course of her 18-year tenure, the Chronicle reported.
In athletics, the previous single-year high for a private university was $17.2 million in 2021 for TCU football coach Gary Patterson after he parted ways with the university that year.
How Mario Cristobal's pay compares to others at Miami
As private universities, these schools are not required to disclose employment contracts under public-records laws. But they are required to file a tax return as non-profit institutions, which provides some information about certain employees’ pay, including that of its highest paid employees.
The high pay also means the university will take a tax hit in the form of a 21% excise tax on compensation above $1 million that goes to any of a private non-profit universities five highest-paid employees in a year.
The same form lists university president Julio Frenk’s pay at $1.3 million in 2022. Men’s basketball coach Jim Larranaga earned $2.6 million that year and Radakovich got $1.9 million.
Cristobal is entering his third season with the Hurricanes after finishing 7-6 last season. He replaced Manny Diaz, who was fired in 2021, but is not listed on the form as receiving reportable compensation in 2022.
The university didn't immediatley respond to a request for comment.
Contributing: Steve Berkowitz, USA TODAY
Follow reporter Brent Schrotenboer @Schrotenboer. Email: [email protected]
veryGood! (3)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Big Oil’s Top Executives Strike a Common Theme in Testimony on Capitol Hill: It Never Happened
- We grade Fed Chair Jerome Powell
- Bank fail: How rising interest rates paved the way for Silicon Valley Bank's collapse
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Everything You Need for a Backyard Movie Night
- You Only Have a Few Hours to Shop Spanx 50% Off Deals: Leggings, Leather Pants, Tennis Skirts, and More
- The fight over the debt ceiling could sink the economy. This is how we got here
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Texas Politicians Aim to Penalize Wind and Solar in Response to Outages. Are Renewables Now Strong Enough to Defend Themselves?
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- What banks do when no one's watching
- Have you been audited by the IRS? Tell us about it
- By 2050, 200 Million Climate Refugees May Have Fled Their Homes. But International Laws Offer Them Little Protection
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- It's impossible to fit 'All Things' Ari Shapiro does into this headline
- Los Angeles investigating after trees used for shade by SAG-AFTRA strikers were trimmed by NBCUniversal
- The Best Waterproof Foundation to Combat Sweat and Humidity This Summer
Recommendation
Don't let hackers fool you with a 'scam
Los Angeles investigating after trees used for shade by SAG-AFTRA strikers were trimmed by NBCUniversal
Robert Smith of The Cure convinces Ticketmaster to give partial refunds, lower fees
Over 60,000 Amazon Shoppers Love This Easy-Breezy Summer Dress That's on Sale for $25
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
The Bureau of Land Management Lets 1.5 Million Cattle Graze on Federal Land for Almost Nothing, but the Cost to the Climate Could Be High
Elon Musk reveals new ‘X’ logo to replace Twitter’s blue bird
Want to Buy a Climate-Friendly Refrigerator? Leading Manufacturers Are Finally Providing the Information You Need