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What’s mediocrity worth these days? If you’re
Kirk Ferentz and you just finished a mediocre
7-5 football season, it’s worth an extra $100,000
— on top of the $3,825,000 you were guaranteed
even if you never won a game. And if you’re
one of his nine on-field assistants or the strength
coach or the assistant strength coach or the
director of football operations, it means a
pay increase next year of 8 percent — while
the professor who lives next door will be lucky
to get 2 percent and the janitor (who probably
doesn’t live next door) will get around 3 percent,
though Gov. Terry Branstad thinks that that’s
too much. Oh, and those 12 staffers along with
the department’s “quality control administrator”
also will get a bonus of one-and-a-half month’s
salary because Iowa is going to the Insight
Bowl.
It’s all laid out in Ferentz’ contract — a one-way
document that binds the university to him until
the year 2020 but doesn’t bind him to the university
— which says in effect that the coach has to
have a losing season in order not to get a bonus
of at least $100,000. It also guarantees him
raises of $50,000 a year through 2015. In a
great year, he can get bonuses of $1 million
or more.
Ferentz is by far the highest paid state employee
in Iowa, pulling in six or seven times what
the president of the University of Iowa makes
and 30 times what Gov. Terry Branstad makes.
Most of the coach’s assistants make around twice
what the governor earns.
And that’s a lot of money. Ken O’Keefe, the
offensive coordinator, will make $313,200 this
year. An 8 percent raise will add $25,000 to
his base next year, and the month-and-a-half
bonus will be more than $40,000. Several assistants
— Erik Campbell, Norm Parker, Phil Parker, Lester
Erb, Reese Morgan and Darrell Wilson — currently
make around $250,000. That’s before the bonus
and 8 percent raise.
At the other end of the scale. ...
Workers at The Des Moines Register were told
last week that they have to take a week off
without pay in the first quarter next year —
something that is becoming an unwelcome annual
Christmas tradition at the Register and other
Gannett papers. It’s in effect a 2 percent pay
cut. “Furloughs are difficult and Gannett’s
management team does not take this action lightly,”
the company-wide memo said. What it didn’t say:
Gannett earned $99.8 million in the third quarter
of this year and had “operating cash flow” of
$255 million.
And there is talk of more cuts to come.
Meantime, circulation at The Sunday Register
seems to be leveling off after a years-long
slide. Home-delivery, mail and single-copy sales
of the Sunday Register averaged 199,868 in the
six months ended Sept. 25, down just a smidgen
from the 200,544 of a year earlier. The drop
continues for the daily newspaper, however.
In the latest period, the figure for home-delivery,
mail and single-copy sales Monday through Friday
averaged 97,999 copies, down about 4.5 percent
from the 102,684 of a year earlier.
However, Sunday circulation continues to fall
in what the industry calls the “newspaper-designated
market,” the area that the Register views as
its home territory. That’s Polk, Dallas, Story
and Warren counties, plus a couple of townships
in Boone and Clarke counties. There, Sunday
circulation fell to 110,887 in the latest period,
down about 1 percent from 111,974 a year earlier.
In the home market, circulation of the daily
Register dropped to 62,496 in the latest six-month
period from 65,018 a year earlier, a decline
of nearly 4 percent.
Over the past five years, Sunday circulation
has declined 10 percent and circulation of the
daily newspaper has dropped 26 percent. During
that same period, the price of subscribing to
the daily and Sunday papers in the Des Moines
area has gone from $195 a year to $223.60, an
increase of nearly 13 percent. The number of
occupied households in the designated area has
risen to 253,933 from 226,766 five years earlier,
meaning that five years ago the daily newspaper
went into one of every 2.6 households in the
area; today, it’s one of every 4.1 households.
That’s the number that advertisers look at,
and it’s not a good number. ...
Marty Tirrell seems to be off the air. Has anyone
noticed? ...
And West Glen’s owners — whoever they are these
days — apparently are negotiating to sell the
place to an Omaha outfit. ...
Jobs scorecard: At the end of October, Iowa’s
nonfarm employment was 1,504,800, according
to the Legislative Services Agency. That’s up
from 1,488,100 when Terry Branstad took office
at the beginning of the year, promising to add
200,000 jobs in five years. He now has 187,300
to go. ...
And this from a guy who’s not a Branstad fan:
“New study by 24/7wallstreet.com has Iowa listed
as the fifth best-run-state. Ordinarily that
is the sort of information that a Governor will
send out in a press release as evidence of his
leadership. So why no press release from Governor
Branstad touting his first (or seventeenth)
year in office? The fifth place ranking actually
represents a drop two places from last year’s
ranking of third-best-run state. Apparently
Governor Branstad hasn’t yet figured out a way
to blame Culver.”
Or AFSCME. …
Skinny joins those in mourning the death last
week of broadcaster Mike Newell. He was one
of the good guys. CV
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