The pay, for the fiscal year that ended last June, was nearly three times as much as Duke's president at the time, Nan Keohane.
A year earlier, Krzyzewski's compensation totaled $875,000, making him second after Eugene McDonald, who retired earlier as head of Duke's investment arm. McDonald's compensation totaled nearly $1.2 million that year.
Ralph Snyderman, until last year Duke's chancellor for health affairs, received more than $1 million last fiscal year.
Krzyzewski has been the university's top-paid employee or in second place throughout the past decade. He signed a lifetime coaching contract with Duke in 2001.
Krzyzewski has coached at Duke for 25 years. His base salary was unchanged last year from the year before at $800,000. But expense accounts and allowances added another $617,000 in 2003-2004, up from only $22,000 the year before.
Contributions to benefit plans made up the difference.
Pay differentials reflect not only university priorities and academia generally, but also the wider marketplace, said Duke spokesman John Burness. He said that for someone like Coach K, recognized as one of the top coaches in America, compensation takes into account such things as last year's wooing by the Los Angeles Lakers of the National Basketball Association.
http://accesswdun.com/article/2005/5/134007