I agree that - at least in the wealthy past, second tier administrative salaries of over $225,000 - 300,000+ per year was high - tho NOT that exceptionally high among well-paying schools. 
More ontrol of salaries at the top is reasonable, and I assume Regents do consider expectations and performance in their upper management compensation/retention considerations - tho I may be wrong.

However, among the best things that have happened for rural Alaskans has been the development of rural campuses that enable rural youth to maintain important ties with family and culture while gaining academic/job skills - and those ties add greatly to retention and success.....
The rural campuses have NOT lived up to their potentials- and for this I fault top University administrations lack of vision and focused attention.  But they are critically important to rural Alaska's economic and cultural future. Let's not throw this needed academic/employability baby out with our tough State fiscal bathwater!