UNC athletics director Bubba Cunningham has received a pay bump after it appeared Cunningham was ready to move to the University of Florida in early September.
The News & Observer is citing a university record that was released on Friday in reporting Cunningham’s salary has been increased to $705,853 annually.
WCHL reported that the university was preparing a raise for Cunningham in the wake of the near move to Florida, which was reportedly offering Cunningham $1.4 million annually.
Cunningham’s new salary at UNC represents nearly a 10 percent bump from his previous salary of $642,268. This is the second 10 percent increase Cunningham has received in the 2016 calendar year. Cunningham’s salary has increased form $583,880 to the new $705,853 figure over the last 10 months.
Cunningham was one of nine administrators who received a raise at a January UNC Board of Trustees meeting. While eight other administrators received raises at that meeting, Cunningham’s was the largest percentage increase.
UNC Chancellor Carol Folt’s salary has jumped nearly 13 percent since October 2015. Folt was given a nearly 10 percent increase by the UNC System Board of Governors last fall before receiving a raise of more than three percent in July. Folt’s salary is now $596,448.
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