Will Huge Teacher Salary Change Anything?

The New York Times is reporting that a New York City charter school will attempt something different in its approach to school. The teachers will each make $125,000 per school year.
This salary is far above the typical NYC teacher's salary and above even wealthy suburban schools.
The goal is to determine whether attracting the "best" teachers will significantly change student performance.
Here is a quote from the headmaster of this school.
"I would much rather put a phenomenal, great teacher in a field with 30 kids and nothing else than take the mediocre teacher and give them half the number of students and give them all the technology in the world."
I think it is a great educational question that has many variables.
As a former teacher and teacher consultant, I believe in that statement. A "good" teacher can have an extraordinary impact on a student.
But I also think that a "good" teacher for Student A is not necessarily the best teacher for Student B.
In our desire to find a recipe for producing the "best" teachers, it is often overlooked that teaching is also an art.
In my opinion, the foundation that is critical would be that the teacher demonstrates to the students that he/she is 100% invested in them. Almost a decade ago, Theodore Sizer wrote a book titled, The Students Are Watching: Schools and the Moral Contract. In it, Sizer points out that we as educators must demonstrate high morals and values if we want the students to have the same.
From there, we can start to discuss pedagogy, technology and testing.
In conclusion on the topic at hand, maybe $125,000 will be enough to get a student performance to rise. It will be an interesting school year.