UGA's Donnan gets $100,000 pay raise
Posted: Wednesday February 24, 1999 10:06 PM
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Donnan must stay at Georgia five years before he can collect $500,000, plus interest, in 2003. Scott Halleran/Allsport |
ATHENS, Ga. (AP) -- The University of Georgia Athletic Board has approved a $100,000 pay raise for football coach Jim Donnan.
The approval, which came during a meeting Tuesday night, raises Donnan's annual compensation package to about $750,000 a year.
University President Michael Adams, who chairs the athletic board, said that he and athletic director Vince Dooley actually
committed to giving Donnan the raise in the middle of the just-ended football season.
Donnan will have to stick around awhile to collect the money, however. The deal is structured so that the money will go to the UGA Foundation, which will invest it.
Donnan must stay at Georgia five years before it will be turned over to him, which means he can collect $500,000, plus interest, in 2003.
Also Tuesday, the board raised football ticket prices to $27 per game from their present level, which is $22 for a "regular" game
and $25 for a "premium" game.
In other news, the board also approved about $535,000 in planning money for a nearly $12 million expansion of Sanford Stadium that would include 22 new private skybox suites and approved adding a 12th football game to the schedule in the years 2002, 2003, 2008, 2013 and 2019.
Copyright 2003 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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