Gus Malzahn to be paid $1.3MM as OC

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Does Cam's dad get half of that as part of their "deal". Shhhhh....don't tell.
 

Good for him, he has a good agent who knows timing. I feel sorry for their program, its way out of whack and they will bankrupt themselves.
 

gopherjay said:
Good for him, he has a good agent who knows timing. I feel sorry for their program, its way out of whack and they will bankrupt themselves.
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I wonder how much Cam's dad was paid?
 

I guess the assumption is that Cam is going pro next year, what else are they going to do with all that extra money.
 


Something tells me the school won't be on the hook for this for too long before he ends up being an HC at a BCS school.
 

You want to win, you better pay.
How often does a school win consistently over an extended period without paying a high price for a coach?
 

jovs said:
I guess the assumption is that Cam is going pro next year, what else are they going to do with all that extra money.
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Good laugh for the morning. :D

The question I ask, and Malzahn is a sharp guy and all so I'm not doubting his ability, is: "What is more responsible for Auburn's success this year: Malzahn's offense or the fact that Newton is at the controls?"
 

When will this bubble burst?

We need some way of reining in college coaches' salaries. How many football coaches are we paying right now? This is absurd.

Colleges pay millions to coaches and then pay adjuncts 3k per course to teach. How effed up! If you don't think this is demented, you're irrational.
 



Studwell55 said:
When will this bubble burst?

We need some way of reining in college coaches' salaries. How many football coaches are we paying right now? This is absurd.

Colleges pay millions to coaches and then pay adjuncts 3k per course to teach. How effed up! If you don't think this is demented, you're irrational.
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It is crazy, but like anything else, it's an investment. A successful coach is "worth" the money because a successful team makes ridiculous amounts of money for the school. If professor could somehow make millions upon millions of dollars for a school, he'd be compensated to keep him there. The bubble will only burst if people quit caring about college football and spending their money to go watch it.
 

Studwell55 said:
When will this bubble burst?

We need some way of reining in college coaches' salaries. How many football coaches are we paying right now? This is absurd.

Colleges pay millions to coaches and then pay adjuncts 3k per course to teach. How effed up! If you don't think this is demented, you're irrational.
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Don't get me wrong, it is crazy, but college football is making more and more money nowadays than ever before. They really only have to invest in a few things, so increased salaries to coaches isn't surprising.
 

But it corrupts the real purpose of the university, even if it does make money.

I don't expect to win this argument...
 

Studwell55 said:
When will this bubble burst?

We need some way of reining in college coaches' salaries. How many football coaches are we paying right now? This is absurd.

Colleges pay millions to coaches and then pay adjuncts 3k per course to teach. How effed up! If you don't think this is demented, you're irrational.
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Why is that demented? Just curious?
It is economics. Go ask the adjunct econ prof who makes 24k per year why he makes 24k per year and the football coach makes 24k per week. He will explain it to you.

It is impossible for the bubble to burst.....because there is no bubble.
 



(1) I agree with Studwell on the misplaced priority angle. I don't lie awake thinking about it all night, but it's freakin' crazy that something that really does little to improve the plight of mankind receives this much dough-re-mi.

(2) All bubbles can burst. In any situation in which perceived value consistently and markedly exceeds real value, you're likely going to be in trouble. When your cash position cannot protect your capital value, things tend to unravel in a hurry. Not saying that will happen with college football, but if the country ever gets in a position where ticket prices go beyond where the market clears, you may have a situation where attendances drop and that could have a deleterious effect. Remember that college football does not exist in a perfect market. Monied boosters, budget flexibility within the university community, and other fund-raising opportunities buffer college football from pure supply/demand considerations.
 

50PoundHead said:
(2) All bubbles can burst. In any situation in which perceived value consistently and markedly exceeds real value, you're likely going to be in trouble. When your cash position cannot protect your capital value, things tend to unravel in a hurry. Not saying that will happen with college football, but if the country ever gets in a position where ticket prices go beyond where the market clears, you may have a situation where attendances drop and that could have a deleterious effect. Remember that college football does not exist in a perfect market. Monied boosters, budget flexibility within the university community, and other fund-raising opportunities buffer college football from pure supply/demand considerations.
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If attendance collectively ever goes down, yea salaries will shrink. Is that really a bubble bursting? That would be a market shrinking, not a bubble bursting.
A bubble bursting would be if salaries were artificially inflated with nothing backing them up. Compared to how much money college football takes in, coaches and players are underpaid at both the college and pro level in free market situations.

There is no bubble


Priorities is one argument. But here is the thing: To get the best college football coach in the country, you have to pay 5 million a year. To get the best biology prof in the country, you have to pay a couple hundred thousand.
Why should you pay that biology teacher more than you have to for the sake of "priorities?"
Why should you refuse to pay your football coach more than your profs if you already have the top of the line profs (Big Ten universities have the top research profs outside of the Ivy League)?

If your priorities require that you hire an inferior product in one area because you want that area to get less money than another, then you should rethink your strategy on how to achieve your priorities.
If I am a university, I am striving to be the best in every area. To get the best football coach it may cost millions, to get the best biology prof it may cost hundreds of thousands, to get the best english prof it may cost 70 grand.
If I am a university, I want to be the best in every area, and be the best as efficiently as possible.
 

Well, the definition of a bubble is the rapid shrinking of asset value and income. Homes are still worth something (as are tulips and high-tech stocks), but their value has dropped precipitously and the number of people who can make a comfortable living in real estate and related industries has likewise dropped dramatically since housing values went into steep decline. A bubble bursting does not mean that college football would disappear. It would mean that much less revenue could be generated from it.

Comparing football coaches to academic professors really cannot be done, because one cannot measure the output value of an academic professor with much certitude, especially in the humanities. On the other hand, if the presence of a football coach puts X number of people in the stands, that can be measured.
 

50PoundHead said:
Comparing football coaches to academic professors really cannot be done, because one cannot measure the output value of an academic professor with much certitude, especially in the humanities. On the other hand, if the presence of a football coach puts X number of people in the stands, that can be measured.
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If only someone would rank programs at universities and then track the type of applicant that applies.
 

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