Is it right for a public state school to spend all that money

Search

New member
Joined
Sep 9, 2005
Messages
6,676
Tokens
I saw the outrage about the bonuses that AIG got. People got pissed they used taxpayer money. So I say how can all this money go to a coach. All these schools keep on raising the rates to go. They say well we bring in money. Well thats great the more money you bring in should be spread out to all the students and save them some money. These schools should all be non profit since they get state and gov money.
 

New member
Joined
Nov 8, 2006
Messages
9,491
Tokens
You must be talking about College because prep school coaches dont make that much.

In College athletics football is a revenue producing sport, it supports most of the women's athelitics and some of the lessor mens sports.

The more a School wins the more fan support they get, so they go after the best (often high dollar) coaches.

I thought you were a capitalist.
 

New member
Joined
Sep 9, 2005
Messages
6,676
Tokens
I am a capitalist but these schools are not there to make money. They get funding from the gov and they should bot be in the profit business.
 

Rx. Senior
Joined
Nov 8, 2007
Messages
5,490
Tokens
In College athletics football is a revenue producing sport, it supports most of the women's athelitics and some of the lessor mens sports

Out of the 800 or so college football teams, this is true for only a few dozen of them. For the other 98% of schools, the football team is the biggest money drain

We put so much money into these sports -- coaches salaries, dozens of other staff members, equipment, stadiums, travel, insurance, etc. -- because that is what the consumers demand. More students would rather be able to get drunk and watch a Saturday football game than have a stronger academic program for less money. More tax payers would rather have their team go to a Bowl game than have their roads paved
 

I'll be in the Bar..With my head on the Bar
Joined
Oct 3, 2004
Messages
9,980
Tokens
Dont worry Rightside....What u are proposing is already in the works, the attack on Calhoun was just to get a feel of the publics reaction...Now they are developing their plan of attack and will bring down the whole system within a few years if not months.....
 

Honey Badger Don't Give A Shit
Joined
Sep 21, 2004
Messages
46,540
Tokens
Public universities are not "for-profit" enterprises.

HTH allay your worries
 

New member
Joined
Nov 8, 2006
Messages
9,491
Tokens
Out of the 800 or so college football teams, this is true for only a few dozen of them. For the other 98% of schools, the football team is the biggest money drain

We put so much money into these sports -- coaches salaries, dozens of other staff members, equipment, stadiums, travel, insurance, etc. -- because that is what the consumers demand. More students would rather be able to get drunk and watch a Saturday football game than have a stronger academic program for less money. More tax payers would rather have their team go to a Bowl game than have their roads paved

Can you name a division 1 school where the football program is a "drain" on the finances of the athletic department?
 

New member
Joined
Mar 2, 2006
Messages
17,562
Tokens
The salaries that are paid to the coaches $2M-$3M, the university only pays about $250K.

Coaches receive money for the TV/Radio shows as they are required to do as part of their contract.

Some comes from deals with Nike/Adidas/Reebok and Donors.

For example and I know SMU is a private school, but SMU got guarantees from 20 donors to donate $100K for 5 years to pay for June Jones.

I don't have the additional details of the coaches contracts, but the university doesn't pay the lion share it comes from donations, TV/radio apperances, university endorsement contracts.
 

New member
Joined
Mar 2, 2006
Messages
17,562
Tokens
Can you name a division 1 school where the football program is a "drain" on the finances of the athletic department?

The entire MAC, WAC, CUSA conferences.

Most schools lose money in athletics. The OSU, Texas, Michigan, Wisky, Florida are the few schools that are just above water.
 

New member
Joined
Sep 9, 2005
Messages
6,676
Tokens
its amazing how stupid rightside really is
Yep I'm real stupid when it comes to the price of education. I would much rather see the schools lower the price of going to school. That is why the pros are there. If these coaches want to make the huge money they need to go get paid from the pros. Most of these schools are funded with publec money so I say it is wrong to have all these huge salaries. You same people wanted to hang AIG guys for getting bonuses yet you are ok with these coaches that just seems silly to me.
 

Virtus Junxit Mors Non Separabit
Joined
Nov 17, 2005
Messages
5,905
Tokens
ok so because I think youre misinformed about Public Schools being for profit...you assume things about AIG?

this is exactly how you make yourself look stupid
 
Last edited:

New member
Joined
Mar 2, 2006
Messages
17,562
Tokens
Yep I'm real stupid when it comes to the price of education. I would much rather see the schools lower the price of going to school. That is why the pros are there. If these coaches want to make the huge money they need to go get paid from the pros. Most of these schools are funded with publec money so I say it is wrong to have all these huge salaries. You same people wanted to hang AIG guys for getting bonuses yet you are ok with these coaches that just seems silly to me.

These coaches are not costing the schools money?

How much money did Urban Meyer, Mack Brown, Jim Tressel, Bob Stoops lose for their respective schools.

Also, learn how these contracts are paid out before you run your mouth. You obviously are not familiar with the breakdown of the contracts.
 

Honey Badger Don't Give A Shit
Joined
Sep 21, 2004
Messages
46,540
Tokens
The entire MAC, WAC, CUSA conferences.

Most schools lose money in athletics. The OSU, Texas, Michigan, Wisky, Florida are the few schools that are just above water.

Correct-omundo

(I love that word)

Most universities lose money in football. The Top 20, or maybe 30 pull sellouts at home. But the remainder struggle to get even half their tickets sold. And nearly all do not have any significant television money coming in.

Yet, the core costs of operation are very similar - even for schools as diverse as Florida and South Florida.
 

Honey Badger Don't Give A Shit
Joined
Sep 21, 2004
Messages
46,540
Tokens
Yep I'm real stupid when it comes to the price of education. I would much rather see the schools lower the price of going to school. That is why the pros are there. If these coaches want to make the huge money they need to go get paid from the pros. Most of these schools are funded with publec money so I say it is wrong to have all these huge salaries. You same people wanted to hang AIG guys for getting bonuses yet you are ok with these coaches that just seems silly to me.

Acknowledging your shortcomings is the first step towards a more healthy future. Props

Every public university has a board of trustees that is answerable to not only the state government but to the many people who privately donate huge $$ to public universities. If the state and those donors did not approve of coaches salaries they have full power to implement changes.

If you honestly feel this is an important issue in your state, then you should contact your elected officials in Lansing and lobby for change.

But make sure that you don't express to them your belief that public universities should be "non-profit", because they already are and you might look a tad uneducated on the topic at hand
 

New member
Joined
Nov 8, 2006
Messages
9,491
Tokens
The entire MAC, WAC, CUSA conferences.

Most schools lose money in athletics. The OSU, Texas, Michigan, Wisky, Florida are the few schools that are just above water.

I was not arguing the entire athletic program, only football, as I said earlier the football program is the revenue creator that helps support the rest of the athletic programs. ie chapter 41.
 

Official Rx music critic and beer snob
Joined
Jun 21, 2003
Messages
25,128
Tokens
Yep I'm real stupid when it comes to the price of education. I would much rather see the schools lower the price of going to school. That is why the pros are there. If these coaches want to make the huge money they need to go get paid from the pros. Most of these schools are funded with publec money so I say it is wrong to have all these huge salaries. You same people wanted to hang AIG guys for getting bonuses yet you are ok with these coaches that just seems silly to me.

MSU and UofM will not lower their tuition. It is priced as a prestigious education and not meant for everyone to attend, which sucks. A degree from EMU, CMU, or WMU is damn near as good, depending on the degree, for half the cost.

Back to coaches, look at the Calipari situation. If Kentucky has to buy his contract out from Memphis, do you think the University is ponying-up? The influential boosters are cutting the check here.

One has to weigh the benefits a university gets from a successful team also. Hard to determine how George Mason benefitted from the Final Four. Guarantee the first thing was a huge rise in applications, the next was a rise in tuition.
 

New member
Joined
Sep 9, 2005
Messages
6,676
Tokens
Acknowledging your shortcomings is the first step towards a more healthy future. Props

Every public university has a board of trustees that is answerable to not only the state government but to the many people who privately donate huge $$ to public universities. If the state and those donors did not approve of coaches salaries they have full power to implement changes.

If you honestly feel this is an important issue in your state, then you should contact your elected officials in Lansing and lobby for change.

But make sure that you don't express to them your belief that public universities should be "non-profit", because they already are and you might look a tad uneducated on the topic at hand







Why don't you go screw yourself. You always try to come across to be smarter than other people. I am still loving the drunk drivers are not dangerous to other people. That right there made you an idiot so anything you post after that means nothing to me.

So if they are non profit they should not be paying these crazy salaries. So please just drive around every night at 2:30 am and see how drunks are not a danger maybe you will get hit by one and change your mind.


All I am saying in this time with the way things are going it seems crazy to me that college coach's make this much money. They are publc employees. Will the schools have to increase the cost of education to the students.
 

Official Rx music critic and beer snob
Joined
Jun 21, 2003
Messages
25,128
Tokens
Speaking of grossly underpaid, Izzo makes $310,000 coaching and $1.1 mil from other committments (TV, shoes, camps etc). Time for the Spartans to pony up.
 

Forum statistics

Threads
1,108,637
Messages
13,453,161
Members
99,426
Latest member
bodyhealthtechofficia
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com