An interesting article popped up on the radar from an unlikely source: the venerable and staid Wall Street Journal. In “Who Pays The College Coach,” author Mark Yost takes a look at Alabama’s Nick Saban, among others (including Coach Kommercial.)
When North Carolina State thought it would take at least $2 million to find a top-notch basketball coach, the Wolfpack Club, an alumni group that raised about $25 million in 2004, was ready to cover whatever the university couldn’t afford. Of course, this alumni money comes with strings attached, mainly unprecedented access and influence. Wolfpack Club Executive Director Bobby Purcell is considered one of the most powerful men in North Carolina.
This is an interesting article to read, and even though some things are pretty obvious to even the most casual of college sports fans, it’s good to see Bobby Purcell’s name mentioned in the rarified ink of a Wall Street Journal.