Seems like to me, instead of giving coach a huge raise; set up a trust fund for his children. Set it up where the Univ. adds say 200 K per year per child to it as long as he is the coach here, or until they turn a certain age. Maybe give him a 200K raise also; that's 600K per yr. Then use other monies to give assistants raises, or to hire other assistants. He seems like a genuinely good guy, and think he would go for this.