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Current DateTime: 03:19:15 11 Feb 2012
LinksList Documentid: 23279670
Expiration DateTime: 2/11/2012 3:21:30 AM

SPORTS BIZ SLIDESHOWS

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Current DateTime: 03:19:15 11 Feb 2012
LinksList Documentid: 37998722

DARREN ROVELL'S SPORTS INDEX

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ABOUT SPORTS BIZ

Darren Rovell brings you his unique take on the business of sports: a multi-billion dollar global industry and obsession full of personalities and products. On Sports Biz, Darren will give you his up-to-date take on everything from salaries to endorsement deals to marketing and promotions, trades and tirades – in short, everything that makes sports so exciting.

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Mar.24
10:54 AM ET
Tuesday, 24 Mar 2009

Larry Eustachy Not Getting Thank You Notes

Larry Eustachy
AP
Larry Eustachy

Last month, University of Connecticut coach Jim Calhoun scoffed at a blogger's notion that, as the highest paid employee in the state, he should take a cut in salary.

"Not a dime back," Calhoun said.

Greg Norman then gave it a shot, saying that the PGA Tour should roll back purses in order to empathize with the average fan.

That was also dismissed. This time a little bit more graciously by PGA Tour commissioner Tim Finchem.

We quickly found out that it wasn't going to be easy for sports figures to automatically take deductions because they simply make more. The thinking was, what did they do wrong?

But things drastically changed yesterday when one of Calhoun's brethren, Southern Miss basketball coach Larry Eustachy, rejected his $25,000 bonus that was owed to him due to an attendance incentive.

Sure, his reasoning wasn't that he was earning too much, it was more that he didn't deserve it — while Calhoun thinks he's owed every dime.

But in turning down the bonus, Eustachy — whose team went 15-17 this season — made the crossover to the backlash against the financial world and opened up the possibility of others perhaps giving back some sort of pay if they feel they don't earn it.

"I really compare it to AIG," Eustachy told the Associated Press. "Why would I take a bonus when we went backwards?"

Quite a gesture that I'm sure some of his colleagues are not too happy about.

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Current DateTime: 09:37:11 10 Feb 2012
LinksList Documentid: 29778428

Current DateTime: 02:33:41 10 Feb 2012
LinksList Documentid: 29779196

Current DateTime: 11:35:14 10 Feb 2012
LinksList Documentid: 29779197

Current DateTime: 02:56:31 10 Feb 2012
LinksList Documentid: 29779199
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