I got into a discussion last night with some folks who are, lets say, less than big fans of the NCAA in general. One was from the DC area and brought up that Jim Moran, recently retired Congressman from northern Virgina, had started a commission to look into the inner workings of the NCAA. Moran had been outspoken about the fact that in 40 states the highest paid public employee was a college coach- either football or basketball. The details of this are debateble as in many cases the actual $$ going to the coach is not coming from taxes or from the Universities operating budget. However the gap between these coaches and the number 2 paid employee is enormous.
I read in Moran's report that only 20 football programs in the FCS cover their costs on an operating basis. Making the theory that, paying these coaches as such was for the greater good of the school, irrelevant.
I love college athletics but how far should this go? Are there other economic factors that we should be considering in looking at the big picture. Or is it just a sad fact that college athletics is the only area where there is this much competition while to get top educators, professors, or pension senior investment officers is only a fraction of the cost?
http://www.politifact.com/virginia/...ran-says-college-coaches-are-highest-paid-pu/
I read in Moran's report that only 20 football programs in the FCS cover their costs on an operating basis. Making the theory that, paying these coaches as such was for the greater good of the school, irrelevant.
I love college athletics but how far should this go? Are there other economic factors that we should be considering in looking at the big picture. Or is it just a sad fact that college athletics is the only area where there is this much competition while to get top educators, professors, or pension senior investment officers is only a fraction of the cost?
http://www.politifact.com/virginia/...ran-says-college-coaches-are-highest-paid-pu/