He will recieve well over a mil if he wins one national championship with us... thats what it is just in bonuses.. thats incredible
He will recieve well over a mil if he wins one national championship with us... thats what it is just in bonuses.. thats incredible
Grand scheme of things, $1 mil in return for a national championship is a bargain. The value to the school that comes from a championship is in the 10s of millions. Licensing and souvenirs, in addition to what is likely a more in demand ticket, parking, etc., just scratches the surface. I believe coaches, in general, are overpaid, but when it comes down to it, it's a big money business and you want the best leading your business.
Grand scheme of things, $1 mil in return for a national championship is a bargain. The value to the school that comes from a championship is in the 10s of millions. Licensing and souvenirs, in addition to what is likely a more in demand ticket, parking, etc., just scratches the surface. I believe coaches, in general, are overpaid, but when it comes down to it, it's a big money business and you want the best leading your business.
Oh I understand what you’re saying and ultimately in a free market, what you and competition pays is what you’re worth.Are coaches really overpaid? Yeah sure, the top 20 or so are making 4+ mill a year. But it's a 16 hour a day, `340 days a year job, for both assistants and head coaches. And the vast majority of those coaches are only making 6 figures. Compared to other jobs in that pay range, the stakes are much higher, the success or failure rate is much more visible and objective, and the stress is impossibly high. I mean the fact that they have to spend a good portion of their lives sucking the dick of 16 year old athletes just to maybe get them to commit to their school is worth their pay-scale.
Haven’t read all the details but it appears that Frost is set to make less than Ferentz
Ferentz base 4.6 million + 650k retention bonus every Jan 31st
500k bonus for 8 wins
More private jet hours 35 vs 20
Ferentz makes more in bonuses if he simply wins 8 games and shows up to the office on Jan 31 than Frost does if he wins a national title
https://projects.newsday.com/college-football-coaches-salaries-contracts/kirk-ferentz/
so, you are saying he is grossly underpaid?I believe the motivation behind the Ferentz pay is "that's how much they have to pay me to get me to live in Iowa"!