Story sponsored by LeCount Realty Group of Keller Williams Momentum
Racine County has been our hometown for over 30 years! LeCount Realty Group of Keller Williams Momentum has highly educated experts helping sellers and buyers with their real estate needs. We specialize in rural, urban, and lakefront properties west of the Interstate. Let us guide you in finding the perfect lot or a single-family home that’s just right for creating new memories. Experience the beauty of living in Racine – we will show you how!
…they’re not paid with public money.
By Grady Gibson, junior investigator
You may have seen the stories or the memes illustrating the highest-paid public employee in each state. To the chagrin of many, college football and basketball coaches lead the way in most places.
In Wisconsin, the public employee with the highest salary is – you guessed it – University of Wisconsin Badgers head football coach Paul Chryst. He earned a salary of more than $4 million in 2019, according to his contract.
But there’s much more to this story.
Only a small fraction of Chryst’s seven-figure salary comes from the university.
More than 90 percent of it – $3,750,000 – came from the University of Wisconsin Foundation, a nonprofit corporation funded by private donors.
The same is true of the other most prominent Badger coach.
Chryst and men’s basketball head coach Greg Gard each receive a $400,000 annual salary from the athletic department. That department of raises millions in TV contracts, ticket sales, apparel sales, etc.
Gard got an additional $2,050,000 million from the foundation for the 2019-2020 season, according to his contract, taking his current salary to $2.45 million.
Neither coach is paid with taxpayer dollars, said Brian Lucas, a spokesman for the athletic department.
It is not uncommon for some big-time schools to pay their coaches through a combination of private donations, booster clubs and from its department budgets, said Kevin King, a teaching specialist in sports management at the University of Minnesota.
Throw out the coaches and the top-paid public employee in the state is David Villa, who heads the State of Wisconsin Investment Board. Villa, whose compensation is based in part on how well the state’s investments perform, made $963,620 in 2018,
His full incentive package for 2019 has not yet been determined, said Vicki Hearing, a spokeswoman for the investment board.
Wisconsin’s investment board is considered one of the best state pension systems in the country.
The head of the state, Wisconsin Gov. Tony Evers, made a 2019 salary of $152,756.