Monthly Conversation With Mitch Daniels: Defining 'At Risk' Pay

Oct 26, 2016

As much as a third of the president's base pay is said to be "at risk", but he earned nearly 99-percent of his possible salary in fiscal year 2016.
Credit Jae Lee / WBAA News

When he was done with his two terms as governor, Mitch Daniels received a number of job offers – some more lucrative than being Purdue’s president.

When he got into his current job, he asked for some of his pay to be “at risk” – that is, for him only to get it if he meets certain benchmarks.

On this edition of WBAA’s Monthly Conversation with Mitch Daniels, though, we drill down on that number.

It had previously been reported that 50-percent of his pay is “at risk." As we learn on this month’s show, it’s actually far less than that which he stands to lose.

Also on this program, President Daniels has repeatedly said he doesn’t want the university to subsidize its athletic department.

So when the school has to buy out $4-5 million remaining on the outgoing football coach’s contract and wants to spend an additional $6 million adding lights to the stadium for Big Ten-mandated night games, what will that mean to the athletic department’s already stretched budget?