LSU def coordinator 2.5 million per year
- Thread starter jlb321
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Isn't the mantra "just open the checkbook"?
The problem is that it never seems to end and you have to find a way to keep up and the have nots won't be able to do it. Despite the fact that everyone thinks there is an endless bucket of TV money, sooner or later there will be choices to be made between salaries, facilities and for more than just one sport.
The problem is that it never seems to end and you have to find a way to keep up and the have nots won't be able to do it. Despite the fact that everyone thinks there is an endless bucket of TV money, sooner or later there will be choices to be made between salaries, facilities and for more than just one sport.
I can't see the NCAA letting this keep going. They seem to want parity in every other way.
The problem is that really not that many schools can pay that kind of money and there is no guarantee that approach is going to pay off. IF we lose a coordinator for money reasons I have confidence that Frost will be able to replace him with somebody equally as qualified. He put together a heckuva staff at UCF because guys want to work for him. We'll have an advantage from that standpoint. I don't see how the NCAA can legally do anything about it.
This will keep happening in the respective conferences until the TV deals come up for renewal...... then we will see market correction.
Don't ever expect the NCAA to take meaningful action. They realize thier days are numbered.
Don't ever expect the NCAA to take meaningful action. They realize thier days are numbered.
I disagree. It's because of the massive amounts of money in the CF market that makes the coaching salaries and facilities race possible. Programs that pay high salaries all still make money. They can't pay the players directly, so they "pay" them in perks. Some coaches are beneficiaries also.
A parallel issue would be the rise college costs/tuition. Most (even government) economists believe that college costs rose at such a steep level over the years due to the flood of cheap/free money from the federal loan program. To put it simply, college costs (coaches salaries, player facilities) rose so fast and far because they could...the money was there. Economics 101.
Our state DOE (not Nebraska) reported a few months ago that roughly half of the bachelors degree recipients went to work at jobs in our state that didn't require a college degree. There are WAY too many liberal arts graduates for the number of liberal arts degree requiring jobs out there. Might be time for some kids to decide on a technical or trade type school.
Correct
However getting a 4 year degree in a major you most likely will never use has become an "entitlement" to many in todays generation. They view a 4 year degree in liberal arts as an extended vacation away from the real world to find something to do that isnt very hard- and then whine when they arent making as much money as their friends who went into computer science, engineering, business, construction etc But many of them are very hopeful the government will equal it all out for them via redistribution. Zero knowledge of supply and demand.
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I don't have any problem with coaches salaries but am a little concerned about the 16 kids who signed LOI's two weeks ago at UofA at the same time the university administration and lawyers were deciding the best course to fire the coach.
Developing an educated populace (including those dirty liberal arts degrees) has value beyond simply producing workers for specific occupations.
A lot of the sports money is coming from TV contracts that were made years ago. The entire landscape of cable and networks is changing and the money will change right along with it. Nothing keeps going straight up without some repercussions along the way. Exactly how many of these colleges do you think are making the big bucks to support all of their sports teams. They still rely on donations for buildings and major projects.
I saw first had what happens at colleges when they get things "given" to them by donors or the taxpayers. We went through this years ago here in KS where K-State was screaming about not being able to repair things. Well, it is easy to get Joe Blow to donate 5 Million to build a building with his name on it but now who is going to keep the HVAC and other maintenance items up? You guessed it, the taxpayers. People don't donate for basic things. Take a school like KU, they put their millions in a BB coach, not a FB coach, there is only so much to go around.
Yes, the influx of student loans has been going on for many years, even when I was young. People borrow it like they never will have to pay it back and colleges have to offer luxurious dorms, spas and other nice things to get people to come to their colleges. That is what happened. The learning certainly didn't improve but parents wanted Johnny to have nice things during his 6 years of undergrad work.
It simply can't go on forever. The spread between the haves and have nots will continue to expand. That is a law of economics, always has been that way, no different in colleges. If you look around the country you will find a bunch of U's that are struggling and have since the 2008 financial crisis. Throw in the fewer numbers of students and plethora of colleges all over and things look dicey in that game.
