Pay for top college football coaches keeps growing:
2006
At least $1 million 42
At least $2 million 9
At least $3 million 1
At least $4 million 0
2007
At least $1 million 50
At least $2 million 12
At least $3 million 4
At least $4 million 0
2009
At least $1 million 56
At least $2 million 25
At least $3 million 9
At least $4 million 3
Source: USA TODAY research
well, if the additional revenue they generate outweighs the additional pay they recieve over a replacement coach... then yes
It is being shown time and time again that when investigative journalists track down the actual numbers on these pie-in-the-sky projections of a particular programs or persons impact on something, they are usually extremely exaggerated and overblown.
In fact, when you account for something like a HUGE salary for just ONE person you are actually in the hole. If not now, eventually.
Then what? Oh yeah! Raise tuition!!!
Are you an idiot? You do know that college football programs generate more revenue than expenses right? Football programs subsidize other university/college athletic programs and other costs(possibly tuitions). Winning football generates even more revenue thru television contracts and bowl games. Guess what, paying to get a top coach is how you get a top football program.
My coach earns something like $4.1 million, which I agree, sounds pretty outlandish.
However, my athletic department is one of the few able to post a profit, so I can't really argue with the results..
However, there are all sorts of frivolous expenses they get away with, and "student" athletes get far more attention than true students, which really boils my blood sometimes.
Why cant these good for nothing fat cat coaches 'give back' some of their ill gotten gains back to the colleges and universities they claim to support? They wont. You know why? They are greedy, one eyed fat cats fleecing hardworking students and taxpayers out of millions of dollars a year!
Why cant these good for nothing fat cat coaches 'give back' some of their ill gotten gains back to the colleges and universities they claim to support? They wont. You know why? They are greedy, one eyed fat cats fleecing hardworking students and taxpayers out of millions of dollars a year!
If the athletic dept brings in 100 million a year with a cost of 100 million. How is that a cost to tax payers and the students?!?!?!?!?!?
They need to share the wealth. Who says they are entitled to spend all the money on themselves? WHO?!
Not only are the Texas Longhorns the most valuable college football team, they are also the most valuable NCAA team in any college sport. According to CBS Sports, the Longhorns are valued at approximately $119 million, and turned a $59 million profit last year. Perhaps appropriately, the University of Texas made its head coach – Mack Brown – the highest paid football coach of any college program, committing $5.1 million for next season on December 10, 2009 according to USA Today.. In doing so, Brown became the first NCAA football coach to cross the $5 million per year barrier. However, the salary is being paid from athletics department revenue, which “receives no government or institutional support and has transferred more than $6.6 million to the university since the 2005-06 fiscal year.” University of Texas is also “among 25 of 120 major-college programs that made more on athletics than they spent in 2007-08."
The second most valuable Big Ten football team in the country (and eighth overall) is the Ohio State Buckeyes, valued at $85 million by Forbes. It’s a two spot rise for Ohio State, who occupied the 10th spot last time rankings were compiled. It’s also worth noting that Ohio State is the only school to have its teams in the top 10 of Forbes’ football and basketball rankings (its basketball team is the 10th most valuable in the NCAA.) Interestingly, however, the immense financial and athletic success of the school has not translated to an astronomical coach’s salary. Buckeyes coach Jim Tressel is paid at a level one might expect given the school’s sparking track record, with Cleveland.com reporting that the coach signed a $3MM per year extension in 2008.
These arguments are fine if you want college football to be the bastion of only rich and well connected students and alumni.
How is the average Joe Schmoe suppost to support that multimillion dollar program? Money is not being grown on trees. It is comming from somewhere.
They are pricing the whole thing out of reach of the average person.
Solution: have athletic departments receive zero taxpayer money and instead are fan and booster supported such as with LSU's TAF (Tiger Athletic Foundation)
These arguments are fine if you want college football to be the bastion of only rich and well connected students and alumni.
How is the average Joe Schmoe suppost to support that multimillion dollar program? Money is not being grown on trees. It is comming from somewhere.
They are pricing the whole thing out of reach of the average person.
University of Notre Dame, Fighting Irish
Value: $101 million
Profit: $45.8 million
Conference: Independent
Head Coach: Charlie Weiss
Notre Dame's football program contributed $21.1 million to the university's academic programs last season, far more than any other college football team.
Only 14 FBS (and 25 total) athletic programs make money.