NY Times: Salary Caps For NCAA Coaches

[NDVT]

Should there be a cap on coach's salaries? Plus, an interesting proposal for compensating
college football and basketball players.

http://www.nytimes.com/2016/01/09/s...on=inside-nyt-region&WT.nav=inside-nyt-region

 

[1Redrum]

What is this a communist country now? I think for private institutions there absolutely should be no cap...I think for State Universities while I think there should not be a cap they need to really look themselves in the mirror and justify the amounts being given out. The problem is all of this salary disclosure just leads to larger and larger increases as schools try to keep up rather than say hire a few extra teachers, provide more programs for those less fortunate etc. which is not communist...just the decent thing to do as a good human being.

 

[Telx1]

I assume Most if not all public universities are governed by Boards appointed by Governors and legislatures, and that they either approve or disapprove coaches salaries, etc... Most high profile programs also have endorsement and TV program money arranged, and other forms of compensation paid for by boosters, like Saba's multi million dollar home, etc... which clearly increase total compensation a lot. These same boards struggle with funding all aspects of the university, and so they appreciate the perceived negative impact of huge coaches salaries; but they also recognize the import of football on overall revenue and the import of getting a coach who can produce a winning program on a consistent basis. Easy for the average person to be resentful of these salaries, but the available supply of really good football coaches exceeds the demand, and they are worth what the system supports. It has nothing to do with making a judgement that football is more important than academics, but rather the realization of how important football is to revenue and to contributing alums.

 

[Shakin' Down the Thunder]

What is this a communist country now? I think for private institutions there absolutely should be no cap...I think for State Universities while I think there should not be a cap they need to really look themselves in the mirror and justify the amounts being given out. The problem is all of this salary disclosure just leads to larger and larger increases as schools try to keep up rather than say hire a few extra teachers, provide more programs for those less fortunate etc. which is not communist...just the decent thing to do as a good human being.

I think it's very easy to justify the large amounts being given out. If you're paying a coach $6 million a year and the program as a result of its success brings in $10-20 million annually, then that sounds like a damn good investment.

 

[Shakin' Down the Thunder]

Not saying coaches deserve to be paid that high, but hard to argue NOT to pay them that much when you know you won't be able to get a top notch coach to work for $500,000 a year and the football program won't be bringing in any money.

 

[Duo]

But...............what does Charlie Weis think?

 

[Granite45]

I think it's very easy to justify the large amounts being given out. If you're paying a coach $6 million a year and the program as a result of its success brings in $10-20 million annually, then that sounds like a damn good investment.

How many programs make $10-20 million profit? Revenue is not the important if the program is still losing money.

A recent report from the NCAA shows most schools lose money in athletics:
http://www.al.com/sports/index.ssf/2014/08/ncaa_study_finds_all_but_20_fb.html

According to the report, all but 20 FBS schools lose money. Higher coaches' salaries have raised expenses for these programs. It is likely that football drives revenue for much funding of other sports, but the salary race still does have an impact.

 

[Shakin' Down the Thunder]

How many programs make $10-20 million profit? Revenue is not the important if the program is still losing money.

A recent report from the NCAA shows most schools lose money in athletics:
http://www.al.com/sports/index.ssf/2014/08/ncaa_study_finds_all_but_20_fb.html

According to the report, all but 20 FBS schools lose money. Higher coaches' salaries have raised expenses for these programs. It is likely that football drives revenue for much funding of other sports, but the salary race still does have an impact.

That's why it's important to hire the right coach. The only way to do so is to keep hiring at a competitive level, which is by paying high salary. It shouldn't be this way, as no school should ever have to lose money over ayheltic programs, but it is.

 

[deadirishpoet]

Should there be a cap on coach's salaries? Plus, an interesting proposal for compensating
college football and basketball players.

http://www.nytimes.com/2016/01/09/s...on=inside-nyt-region&WT.nav=inside-nyt-region

NO!!!!!

Let the market dictate the mess the NCAA created

 

[mjconnau]

Football is the chief driver of revenue at every FBS school, even at the schools where basketball is king. You can blame the coaching salaries for taking a large chunk out of the budget, but if your goal is to balance athletic department budgets, and look at it from purely a business perspective, the places for budget adjustments would be the sports that do not support themselves. Title IX will never allow this, but it doesn't change the fact that almost every women's sport (including the successful ones that play to full arenas) do not break even.

When someone tells you that college athletics is a big business you should correct them. Only college football (and in some places men's basketball) is it a business. Every other sport is a government subsidized entitlement.

Real reform won't come from a NCAA mandated salary cap. It can only come from a voter mandate within an individual state. A big part of the reason that Les Miles was retained was the fact that in a fiscal year when the State of Louisiana was making budget cuts in their university system, LSU was planning on spending $25 million to fire and replace their football coach. That was going to be a tough sell to the voters in the Bayou.

 

[Granite45]

Real reform won't come from a NCAA mandated salary cap. It can only come from a voter mandate within an individual state. A big part of the reason that Les Miles was retained was the fact that in a fiscal year when the State of Louisiana was making budget cuts in their university system, LSU was planning on spending $25 million to fire and replace their football coach. That was going to be a tough sell to the voters in the Bayou.

Probably correct about needing voter activity to push legislators regarding budgets of state universities, but certainly would result in a disparity between public and private universities so NCAA would have to be involved for equitable treatment.

 

[Pennick4]

NO!!!!!

Let the market dictate the mess the NCAA created

Exactly. That article was approved by the committee to elect Bernie Sanders.