Golden gloves

$1.9 million fielding percentage

 

PRINCO, in case you don’t know, is a university “office” that operates under the authority of the Board of Trustees.

PRINCO is run by university employees.

Six of those employees merit particular attention: Andrew Golden, Jonathan Erickson, Drew Riedl, James Millar, Cara Nakamura, and Sunil Kumar Gottipati (the “PRINCO Six”).

In the fiscal year ended June 30, 2013, the highest compensated among the Six was paid $3,869,205. That money was paid by the university, the same entity that collects tuition and solicits donations.

The lowest compensated of the Six was paid $873,907. That is $300,000 more than the combined salary and expenses paid to the President of the United States.

At this point we need to be reminded that the university is a charity; it does not pay any income tax; it does not contribute to the salary of the President of the U. S.

The average compensation for the PRINCO Six was $1.9 million dollars, for the year, one year.

So just keep those tax-free fives and tens rolling in. We need every buck, to keep the outfield grass a nice cushy green.

 

Did we just win the pennant?

Or did Mandrake break his ankle sludding into third?

The endowment is now $21,000,000,000 (for those of you with astigmatism that’s twenty-one billion U.S.). It grew by $2,800,000,000, which on first blush sounds like a pennant-winner. But net tuition last year was $70,000,000, and if Princeton did not charge tuition the endowment would have grown by only $2,730,000,000, which obviously would have presented a serious financial hardship—a broken ankle.