No. One thing that should be done, however, is to remove market distortions or mechanisms that have been put in place by those with a vested interest to inflate their incomes. If the "market will bear it" but it's a f ed up market than it should be fixed. War time profiteers in the past were known for hoarding raw materials in order to greatly inflate the price of those commodities. The resulting market then allowed them to get huge prices--but that was a manipulated market not an honest one.
College football coaches make to much money
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No. One thing that should be done, however, is to remove market distortions or mechanisms that have been put in place by those with a vested interest to inflate their incomes. If the "market will bear it" but it's a f ed up market than it should be fixed. War time profiteers in the past were known for hoarding raw materials in order to greatly inflate the price of those commodities. The resulting market then allowed them to get huge prices--but that was a manipulated market not an honest one.
UMass is paying Mark Whipple half a million bucks for zero....yes ZERO....benefit to the university.
Rutgers is paying Kyle Food 1.5 million for doing appreciable harm to the university.
Rutgers is paying Kyle Food 1.5 million for doing appreciable harm to the university.
So you are comparing the hiring of P5 football coaches to war profiteering and saying that there are multiple great dynamic inspirational football coaches that are being paid not to interview for P5 positions (held back from supply) so that the current crop of average coaches are overpaid? I'd throw you out of the class with such an incredibly stupid argument.
Tell me how to remove "market distortions" from the market for college football coaches Mr. Genius? How would you increase the supply of talented personable football coaches who will interview for openings. Dumb/dumb/dumb. Does Brad Pitt "deserve" what he is paid? Of course not. But he has things that only a handful of people on the planet have. Will Obama be worth the insane money that he will earn post presidency? Compared to the majority of his classmates at Columbia who had better grades? Of course not but the market will pay.
To be clear I am not angry, I am indifferent to HC salaries. My other question is, can't anyone learn the skills to be a head coach? Half the board members seem to be better coaches than Coach Flood. So if there was a cap, say 2 million dollars was the max that a HC could get, then the super star coaches would quit and then I can get the job. It seems like a lot of fun and I would work very hard for 1 or 2 million dollars a year.
In reality I guess it is just a simple matter of economics, expensive coaches make more money for a university than less expensive coaches do.
In reality I guess it is just a simple matter of economics, expensive coaches make more money for a university than less expensive coaches do.
I have friends in the business.
Sit down with 3 guys and ask about their experiences:
1. The 40yr old position coach journeyman with two kids.
2. The 25yr old GA making ZERO who sometimes sleeps in his a locker rooms between jobs.
3. A Power 5 National Champion head coach
You'd be surprised what you will learn. #3 are some of the best CEOs in the land
Alabama the football entity is what it is because present and previous coaches won lots of football games. Without the wins, the mystique evaporates pretty quickly. What has football mediocrity cost the University of Miami?