YankeeInAtlanta
Well-known member
- Joined
- May 1, 2011
- Messages
- 2,252
- Reaction score
- 340
Two chicks at the same time! Oh wait...
I'm going to play the role of the university shill here (I think I did this when raw data was first reported in December as well).
Hatch's compensation for 2015 (the year the rankings are based on) included the vesting of a 10-year $2.89 million SERP. $2.3 million of the $2.89 million already had been reported from 2006-2014. In the year of vesting, the reporting rules require that the previous 9 years of accruals ($2.3 million) plus the final accrual and any earnings are reported.
I think it would be much more fair to say Hatch's compensation for 2015 was $1.7 million ($4 - $2.3). Still a shit ton of money, and I think that is legitimate to criticize, but $4 million just isn't an accurate description in any rational discussion.
I'm going to play the role of the university shill here (I think I did this when raw data was first reported in December as well).
Hatch's compensation for 2015 (the year the rankings are based on) included the vesting of a 10-year $2.89 million SERP. $2.3 million of the $2.89 million already had been reported from 2006-2014. In the year of vesting, the reporting rules require that the previous 9 years of accruals ($2.3 million) plus the final accrual and any earnings are reported.
I think it would be much more fair to say Hatch's compensation for 2015 was $1.7 million ($4 - $2.3). Still a shit ton of money, and I think that is legitimate to criticize, but $4 million just isn't an accurate description in any rational discussion.