New Georgia Tech athletic director Mike Bobinski agreed to a five-year contract worth an average of $695,000, with about a quarter of it coming in a deferred compensation package. A copy of the memorandum of understanding between him and the school was obtained through an open records request.
Former Tech athletic director Dan Radakovich was in the third year of a five-year contract worth an average of $640,000 when he left in October to take the same position at Clemson. Radakovich signed a 5 ½-year contract with Clemson worth an average of $725,000.
Bobinski was hired from Xavier last week. He is scheduled to begin April 1.
Bobinski’s pay starts at $625,000 and climbs to $725,000 by the fifth year, with $175,000 paid annually into a supplemental retirement plan that he becomes eligible for after he is at Tech for three years. Radakovich also had a significant deferred compensation package.
The highest-paid AD in the ACC is believed to be Duke’s Kevin White. He was reported to make $908,659 in 2011.