University of Minnesota President Eric Kaler has been here for just under two years, so I thought it was a good idea to get his reaction to all the developments in the athletic department since his hiring.
The interview was conducted after basketball coach Tubby Smith was fired, but Kaler wouldn't comment about the reasons for a change.
Asked about the hiring of Richard Pitino to replace Smith, Kaler said: "I think a successful search is one in which you get the right person in the right job with the right skills at the right time and we have done that. The university, our student-athletes, and Gophers fans everywhere scored big in the hiring of Coach Pitino. He will bring inspiration, energy and passion to our program, and he will develop our student-athletes on this Williams [Arena] court and in the classroom."
Pitino and football coach Jerry Kill are being paid $1.2 million a year — a lot more than Kaler, who earns a base salary of $610,000. Kaler started the interview by saying he knows that coaching salaries might be getting out of control, but for now it's what colleges need to pay to compete.
Q: What's your reaction to all these schools hiring coaches and paying buyouts
A: I think the salary escalation for the big revenue [sport] coaches really has gotten to a pretty serious level. I think the saying is, I guess, that the market will bear these salaries, but I don't know how much longer the revenue side will hold up. It's a tough market to be in. You want to get high-quality coaches, and you see the salaries around the country that are getting paid and it's a tough business to be in. I don't know how much longer it's going to be sustainable.
Q: How can it be corrected?
A: Well, unfortunately, it is a free market. As long as you have one buyer of that coach's services who's willing to pay, then that drives the prices of those services up for everybody else.