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NCAA Profits $32 Million Pays Out Big Bonuses - Emmert paid $1.7 million

By: Associated Press
By: Associated Press

INDIANAPOLIS, Indiana (AP) -- NCAA President Mark Emmert received $1.707 million in compensation in 2012-13, a year in which the governing body turned a $32 million profit.

The figures come from the NCAA's latest tax returns, which were released Monday.

Jim Isch, the NCAA's chief operating officer, and top legal counsel Donald Remy also topped the $500,000 mark. Isch received $1.013 million in total compensation. Remy, who is listed as an executive vice president, was third at $619,663.

During that fiscal year, the NCAA generated $874 million in revenue - a 4 percentage-point increase over 2011-12 - and had $842 million in expenses, a 6.4 percentage-point increase over the previous fiscal year.

The tax documents also show a record $546 million was distributed to member schools in 2012-13.


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