Researching something else, got me looking at the list of top NCAA basketball coaching salaries. If this doesn't signal the bubble bursting in intercollegiate athletics, I don't know what will.
http://sports.usatoday.com/ncaa/salaries/mens-basketball/coach/
Some amazing takeaways:
1) Calipari making $9MM per year, to oversee a basketball program that doesn't even bring in $30MM in total revenue. To put that in perspective, Jamie Dimon...CEO of JP Morgan (America's largest Bank) oversees a company that makes $30 BILLION in PROFIT every year. He made $30MM in total compensation last year.
2) If you're a Power 5 coach, you're going to make between $2MM and $3MM per year, no matter how good you are. Looks like some of these schools pay these salaries "for the hell of it".
3) Larry Krystkowiak (the coach at Utah no one can remember) is the 11th highest paid coach at $3.7MM per year. Not joking. I need his agent. Or I need to go to work for the U of Utah.
4) Brad Brownell at Clemson. $2.7MM a year. He's made the POSTSEASON 4 times in 8 years, and the NCAA tournament just 3 times. He also apparently has a deal that is largely guaranteed through 2024. Wow.
5) Bama is paying Avery Johnson $3MM.
6) Ed Cooley at Providence makes the same as Bruce Weber. Because, someone has to?
7) Will Wade is going to miss that $2.5MM annually he's currently getting when he's fired.
8) Leonard Hamilton is the #41 highest paid coach at $2.2MM a year. Is there a more under-appreciated and under-paid (relative to his peers) coach than him?
9) It's peanuts for UT, but Shaka Smart making $3.2MM, never having won a conference title at any level is kind of hilarious.
http://sports.usatoday.com/ncaa/salaries/mens-basketball/coach/
Some amazing takeaways:
1) Calipari making $9MM per year, to oversee a basketball program that doesn't even bring in $30MM in total revenue. To put that in perspective, Jamie Dimon...CEO of JP Morgan (America's largest Bank) oversees a company that makes $30 BILLION in PROFIT every year. He made $30MM in total compensation last year.
2) If you're a Power 5 coach, you're going to make between $2MM and $3MM per year, no matter how good you are. Looks like some of these schools pay these salaries "for the hell of it".
3) Larry Krystkowiak (the coach at Utah no one can remember) is the 11th highest paid coach at $3.7MM per year. Not joking. I need his agent. Or I need to go to work for the U of Utah.
4) Brad Brownell at Clemson. $2.7MM a year. He's made the POSTSEASON 4 times in 8 years, and the NCAA tournament just 3 times. He also apparently has a deal that is largely guaranteed through 2024. Wow.
5) Bama is paying Avery Johnson $3MM.
6) Ed Cooley at Providence makes the same as Bruce Weber. Because, someone has to?
7) Will Wade is going to miss that $2.5MM annually he's currently getting when he's fired.
8) Leonard Hamilton is the #41 highest paid coach at $2.2MM a year. Is there a more under-appreciated and under-paid (relative to his peers) coach than him?
9) It's peanuts for UT, but Shaka Smart making $3.2MM, never having won a conference title at any level is kind of hilarious.
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