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- Thread starter Jaxbuck
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TheIronColonel
Hall of Fame
As much as I admire Coach T (and I think the world of him), it seems kind of ridiculous to pay someone that much to coach college football. I realize that it's a stressful job and that good performance on his part more than pays his salary by bringing money to the university. On the other hand, couldn't the university use $4,000,000 per year for other purposes more in line with their mission?
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TheIronColonel;1692241; said:
Markets are markets
If the University did not pay the market rate for the HC, they would not get a product that makes the University $68M/yr
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TheIronColonel
Hall of Fame
I agree. I just regret that the market exists to pay somebody that much to coach football. It's not a value judgment on JT's performance or character (both of which, IMO, are impeccable). I just regret that we value athletics so much more than academics on a societal level. Yeah, I realize how hypocritical that statement is.
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Gatorubet
Loathing All Things Georgia
DaddyBigBucks;1692243; said:
True. And it doesn't appear that the university pays the bulk of the funds comprising his total financial package. A bottom line profit for the academic side.
Florida's string of recent success in b-ball and f-ball raised so much money from band wangon fans (and proud alumni and fans, to be fair) buying licensed products that the Univeristy had a cash influx from licensing rights that helped it in troubled econiomic times. Add the money from the increased TV rights, and the amount of money the university is spending on athletics - that comes out of the university's budget - is less than it was when we paid a coach a tenth of that amount.
It is a shame that we do not value academics more, I agree. But as giving to any univeristy rises in times of that university's athletic success, it is good to look at the "bottom line" numbers. (not saying you were disagreeing with any of this) The academic side gets more money - and the various foundations supporting those universities raise more money - when a school is successful in major athletic pursuits.
Tress and Urban are steals in that regard.
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JBaney45
Hall of Fame
TheIronColonel;1692251; said:
We don't necessarly value football coaches more, there are just a lot less of them.
If you look at what all the professors at Ohio State make compared to all the varsity coaches I would guarantee you'd see the combined salaries of profs would be higher.
There are a lot less top notch football coaches then there are say Math professors, when the supply of something is significantly lower the price of that something is going to be high. You are paying for rare talent. If there were only a 20-30 professors who could teach math at the college level I guarantee you there salaries would be greater.
Think of it being like comparing the price of diamonds to the price of food, people certainly value food as a whole a lot more then they do diamonds (being that food is a necessity for continuing to live). However the scarcity of diamonds causes the price to be much higher. If food as a whole was to suddenly become as rare as diamonds the price of a sandwich would be much higher then the price of a diamond ring. (I am simplifying things here to make the analogy easier to follow obviously). Food is still more valued on the whole by society regardless, price and the value to society aren't things that necessarily go hand and hand.
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DontHateOState
Hall of Fame
TheIronColonel;1692241; said:
When they can find someone who will do his job as good as he does it for $100,000 a year, sure.
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TheRob8801
Banned
TheIronColonel;1692241; said:
Isn't part of the university's mission to assure top notch success with their flagship program?
I feel like that's working out for them...
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Diego-Bucks
Lost in Canada
Perhaps I'm reading too much into your analogy, but Math professors don't just teach Math, they also do top-level research at the highest levels. That type of research, depending on its field within math, can have huge economic and national implications (I'm thinking like quantum mechanics, astrophysics, and micro-chip type work). We have no idea how many coaches can compete at the highest collegiate levels... we only have 1 at a time. To me its a simple issue of values, and we value entertainment in sports much higher than the pursuit of knowledge and Tressel's salary compared to other University employees reflects that.
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BayBuck
Buckeyes are best
TheIronColonel;1692251; said:
Yeah, but if someone's gonna be pulling down $4M for coaching college football, I'd rather it be a pay-it-forward guy like Tressel than many of the other scumbags making millions in his field. The market is what it is, but for our money we get greater value than mere football results in a man like JT. Plus, making millions allows him (and Ellen) to give hundreds of thousands back to OSU and YSU and the Libraries. He gets it.
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This statement is completely false. No one frustrated buckeye nation more than John Cooper.Buckskin86;1689126; said:
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SloopyHangOn
WhoO WhoO WhoO!
BayBuck;1692620; said:
I agree.
I've always loved Jim's approach to the game. He's a winner at heart, on and off the field. He seems to teach anyone that goes through his program to be the kind of player and person that people won't regret paying the big bucks to, no matter what their profession. Of course, sometimes those lessons stick and sometimes they don't, but for the most part, you can't question JT's ability to be a central figure and a role model in many of his player's/staff/fans lives. This fact alone is why, regardless of the value put on D-1 football coaching, I don't take any issue with the guys signing his paycheck. You can't put a value on integrity, class and sportsmanship. That's what we've got in Tress, someone who will go down in Buckeye history not only for his accomplishments on the field, but off.
By the way, if you haven't picked up a copy of The Winner's Manual, I suggest giving it a read. I've got a great deal of respect for the man behind the clipboard.
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UpNorthBuckeye
Hall of Fame
apples and oranges
...comparing coaching pay with professors/researchers: impossible.
Sure, Tressel and Matta make a lot, but there are a lot of $30,000 assistants working in sports.
On the other hand, there are a lot of tenured, highly-paid professors, who have very little accountability for their results.
All of the coaches can be fired at the drop of a hat, and of course, when the head coach is axed, there goes (usually) the entire staff. Not much security.
Is $4 mil a lot? Not compared to what the CEO of Huntington Bank makes.
(someone look that up!!)
You wouldn't hire someone to run Huntington Bank if he was willing to do it for $80,000 a year. Neither would you hire someone to be head football coach at tOSU in this day and age for anything less than a couple mil. The program is too valuable (however you want to interpret the word 'valuable').
I'd say he is just about fairly compensated.
I'm not worried about how much he makes; I'm worried about how many more years he will do it. I say about 5.
...comparing coaching pay with professors/researchers: impossible.
Sure, Tressel and Matta make a lot, but there are a lot of $30,000 assistants working in sports.
On the other hand, there are a lot of tenured, highly-paid professors, who have very little accountability for their results.
All of the coaches can be fired at the drop of a hat, and of course, when the head coach is axed, there goes (usually) the entire staff. Not much security.
Is $4 mil a lot? Not compared to what the CEO of Huntington Bank makes.
(someone look that up!!)
You wouldn't hire someone to run Huntington Bank if he was willing to do it for $80,000 a year. Neither would you hire someone to be head football coach at tOSU in this day and age for anything less than a couple mil. The program is too valuable (however you want to interpret the word 'valuable').
I'd say he is just about fairly compensated.
I'm not worried about how much he makes; I'm worried about how many more years he will do it. I say about 5.
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JBaney45
Hall of Fame
Diego-Bucks;1692569; said:
There is just no comparison between the difficulty and pressure of being a football coach at a place like Ohio State and being a professor.
Sure we don't have an EXACT idea how many people could coach at the highest levels, but we have a pretty good one. Only 1 coach is sitting atop the Big Ten standings at the end of the each year (discounting co-championships), only 1 can take his team to a BCS championship in any given year.. There's a reason Ohio State went 11-2 and Michigan went 5-7, only the cream of the crop in coaching can be successful, Tressel is one of those and has proved it.
Yes a professor's research things and can POTENTIALLY come up with something that will have a large impact on the world, however the key there is "potentially". Tress isn't getting paid on "potential" he's getting paid based on the results he puts forward. Tressel is under constant pressure to have his teams perform better then teams coached by other extremely talented coaches, he's competing at the highest level 365 days a year essentially, tenured professors have very little accountability for student performance even compared to high school/elementary school teachers.
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