Below, one of those info-graphics that are so popular out here in the internet. Note that the highest paid public employee in almost every state is a college football or basketball coach. Good or bad?
The football coach at my alma mater, the University of Illinois, makes a cool $1.6 million. So does the basketball coach. That’s .8 mill per football win, based on last year’s 2-10 performance. Tim Beckman, our football coach, said the Illini coaching job was a “gold mine,” and, at least for him, it is.
John Groce, our basketball coach, is earning his keep. He coaxed a previously underperforming group to a first round victory in the NCAA tournament.
Who should be paid more? Politicians? Teachers? Well, I guess you could make the argument that football and basketball coaches are paid way too much.
If you are an Ohio State grad, you might be looking at this in a different way, which is to say from a vantage point of success. The Buckeyes always win big in football and basketball.
Silly old goats like me can be counted on to tune in when the alma mater plays a game on TV. Which sells advertising. So that those coaches can get the big bucks.
CEOs are doing pretty good, too!
It's what the market can bear. And what it can bear depends on the values we put on certain items being sold in the market.
I very rarely watch sports, let alone pay to watch it; therefore I am not a contributor to the jacking up the price of sporting coaches.
Posted by: Nini | Saturday, May 11, 2013 at 07:19 AM
It creates an awkward situation in that the coach is paid far more than his ostensible superiors (the athletic director, the university president, and ultimately the governor).
Posted by: Peter | Saturday, May 11, 2013 at 05:59 PM