Huh? 500k?
Per the 2008 IRS Form 990, Miles Brand made over 1.1 million, his cronies Jernstedt and Franklin each made well in excess of 500k, with a bunch of others landing in well in excess of 250k (see Part 2, page 2). The NCAA is hardly run for the good of sports, its all about the $$$$.
Note: Check out the entire Form 990 for the National Collegiate Athletic Association at guidestar.org if you want to see how the money is spread around that the NCAA has to report to the IRS. The NCAA must have a lot of important jobs as they pay so well.