MILWAUKEE — The UW System Board of Regents approved a significant pay raise for UW-Madison athletic director Barry Alvarez and men’s basketball coach Bo Ryan on Friday. However, those raises are not coming from state funds.
Alvarez will see his current salary of $600,000 increase to $750,000 for the 2008-09 school year, which officially starts July 1. All of Alvarez’s raise will come from non-state funds pursuant to an outside compensation agreement. Overall, $250,000 of Alvarez’s salary comes from such funding.
Ryan, meanwhile, will see his salary jump from $950,000 to $1,175,000 for 2008-09, with the majority of his salary ($775,000) coming from outside compensation agreements. All of Ryan’s $225,000 raise comes from such funding.