These raises and the level of pay generally of top coaches and administrators has become way out of bounds. Paying extra money to the coaches at the same time as cutting resources for students shows where the priorities are, not the students. In 1994-5 Aubrey Lucas, the president, made 110,000$. Pay for the top brackets since then has become obscene.

Proverbs 14:31 

He who oppresses the poor taunts his Maker But he who is gracious to the needy honors Him.

Luke 20: 46-47

They like to walk around in flowing robes and love to be greeted with respect in the marketplaces and have the most important seats in the synagogues and the places of honor at banquets. They devour widows houses and for a show make lengthy prayers. These men will be punished most severely.