Comments on: Are College Football Coaches Worth the Money? http://www.thesoapboxers.com/football-coaches/ A web magazine that covers a world of topics every week. New articles published daily. Sun, 05 Sep 2010 01:43:23 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: The Katana: Randy Pausch and Basketballs 12/21 | Finance Blog http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1878 The Katana: Randy Pausch and Basketballs 12/21 | Finance Blog Wed, 06 Jan 2010 09:55:31 +0000 http://www.thesoapboxers.com/?p=2511#comment-1878 [...] “Are College Football Coaches Worth It?” by Kosmo questions the best paid state employees around the nation.  I have a fun debate with him [...] [...] “Are College Football Coaches Worth It?” by Kosmo questions the best paid state employees around the nation.  I have a fun debate with him [...]

]]> By: The Katana: Randy Pausch, Basketballs And Favorite Posts 12/20 | Financial Samurai http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1618 The Katana: Randy Pausch, Basketballs And Favorite Posts 12/20 | Financial Samurai Sun, 20 Dec 2009 09:13:04 +0000 http://www.thesoapboxers.com/?p=2511#comment-1618 [...] “Are College Football Coaches Worth It?” by Kosmo questions the best paid state employees around the nation.  I have a fun debate with him [...] [...] “Are College Football Coaches Worth It?” by Kosmo questions the best paid state employees around the nation.  I have a fun debate with him [...]

]]> By: Evan Kline http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1552 Evan Kline Mon, 14 Dec 2009 14:39:54 +0000 http://www.thesoapboxers.com/?p=2511#comment-1552 At Penn State (and I'm sure elsewhere), the football program is huge business and pays for the cost of all the other sports there. Despite overseeing a program that saw a stadium grow to a capacity of over 100,000, Joe Paterno's salary, revealed a few years ago, was surprisingly low compared to other coaches. That has changed since, and I'm sure he makes plenty of money via other avenues. .-= Evan Kline´s last blog ..<a href="http://feedproxy.google.com/~r/40tech/~3/DBEFqym8z6s/">How to Password-Protect Evernote (Updated)</a> =-. At Penn State (and I’m sure elsewhere), the football program is huge business and pays for the cost of all the other sports there. Despite overseeing a program that saw a stadium grow to a capacity of over 100,000, Joe Paterno’s salary, revealed a few years ago, was surprisingly low compared to other coaches. That has changed since, and I’m sure he makes plenty of money via other avenues.
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]]> By: Financial Samurai http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1544 Financial Samurai Mon, 14 Dec 2009 01:22:47 +0000 http://www.thesoapboxers.com/?p=2511#comment-1544 Ahhh, I see. So recirculation of money kinda. Phil Knight from Oregon/Nike is a money booster. All Cal has is the lead guy from The Counting Crows! haha. .-= Financial Samurai´s last blog ..<a href="http://feedproxy.google.com/~r/FinancialSamurai/~3/lrRJM8ejep0/">Federal Government Employees Raking It In</a> =-. Ahhh, I see. So recirculation of money kinda.

Phil Knight from Oregon/Nike is a money booster.

All Cal has is the lead guy from The Counting Crows! haha.
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]]> By: kosmo http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1541 kosmo Sun, 13 Dec 2009 22:59:18 +0000 http://www.thesoapboxers.com/?p=2511#comment-1541 He donated cash, which they then immediately invested in his hedge fund (fees are waived). So there was a signicant decline due to overall economy ... but I would hope this has rebounded a bit recently. OSU had previously done similar things with their money, with good success. Regardless of how the money performed, though, he had the ability to write the check (OK, EFT) for this amount in the first place - something very few people can boast. He donated cash, which they then immediately invested in his hedge fund (fees are waived). So there was a signicant decline due to overall economy … but I would hope this has rebounded a bit recently. OSU had previously done similar things with their money, with good success.

Regardless of how the money performed, though, he had the ability to write the check (OK, EFT) for this amount in the first place – something very few people can boast.
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]]> By: Financial Samurai http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1540 Financial Samurai Sun, 13 Dec 2009 22:09:43 +0000 http://www.thesoapboxers.com/?p=2511#comment-1540 Regarding T Boone and OSU, I tought Tboone gave OSU all the money in terms of STOCK. When the market melted down, the university lost 75% of the donation no? .-= Financial Samurai´s last blog ..<a href="http://feedproxy.google.com/~r/FinancialSamurai/~3/lrRJM8ejep0/">Federal Government Employees Raking It In</a> =-. Regarding T Boone and OSU, I tought Tboone gave OSU all the money in terms of STOCK. When the market melted down, the university lost 75% of the donation no?
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]]> By: kosmo http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1539 kosmo Sun, 13 Dec 2009 19:22:11 +0000 http://www.thesoapboxers.com/?p=2511#comment-1539 Yep, very true. That swings it even more heavily in the favor of hiring a good (expensive) coach. My example was just to show that even the additional seats paid the freight. I mentioned boosters (donors) toward the end, but didn't discuss it in great details because the amount of variation makes it hard to quantify. For example, T. Boone Pickens has donated more than $265 million to atheletics at Oklahoma State. Many university, regardless of their success, simply don't have a donor capable of writing that big of a check. I'm pretty sure that in some (most?) conference, the team going to to bowl game gets a greater share of the revenue. Yep, very true. That swings it even more heavily in the favor of hiring a good (expensive) coach. My example was just to show that even the additional seats paid the freight. I mentioned boosters (donors) toward the end, but didn’t discuss it in great details because the amount of variation makes it hard to quantify. For example, T. Boone Pickens has donated more than $265 million to atheletics at Oklahoma State. Many university, regardless of their success, simply don’t have a donor capable of writing that big of a check.

I’m pretty sure that in some (most?) conference, the team going to to bowl game gets a greater share of the revenue.
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]]> By: Financial Samurai http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1537 Financial Samurai Sun, 13 Dec 2009 18:17:31 +0000 http://www.thesoapboxers.com/?p=2511#comment-1537 The real money is in what the Boosters give, as well as the money earned from Bowl games no? All Pac 10 bowl game proceeds goes into the pool and gets split evenly. The good socialist way! .-= Financial Samurai´s last blog ..<a href="http://feedproxy.google.com/~r/FinancialSamurai/~3/5pDfCFbK-ws/">The Public Loves Wall Street Again!</a> =-. The real money is in what the Boosters give, as well as the money earned from Bowl games no?

All Pac 10 bowl game proceeds goes into the pool and gets split evenly. The good socialist way!
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]]> By: kosmo http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1536 kosmo Sun, 13 Dec 2009 17:33:30 +0000 http://www.thesoapboxers.com/?p=2511#comment-1536 Well, I'd say that any competent coach has financial value, even if the team is mediocre. If I coached a team, I might do it for free, but I doubt we'd draw more than 500 fans per game. Throw a competent guy (probably having to pay him $500K/year) in there, and you can draw 30,000 per game fairly easily at a school in a BCS conference. Those butts in seats are cold hard cash. I can't immediately find the historical infomation on Cal's attendane compare to the attendence under Tedford's predecessors? Well, I’d say that any competent coach has financial value, even if the team is mediocre. If I coached a team, I might do it for free, but I doubt we’d draw more than 500 fans per game. Throw a competent guy (probably having to pay him $500K/year) in there, and you can draw 30,000 per game fairly easily at a school in a BCS conference. Those butts in seats are cold hard cash.

I can’t immediately find the historical infomation on Cal’s attendane compare to the attendence under Tedford’s predecessors?
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]]> By: Financial Samurai http://www.thesoapboxers.com/football-coaches/comment-page-1/#comment-1535 Financial Samurai Sun, 13 Dec 2009 17:23:52 +0000 http://www.thesoapboxers.com/?p=2511#comment-1535 Awesome topic Cosmo! JEff Tedford of my beloved Cal Bears makes 3 mil a yr too, but Cal is in the Ponsetta I donno bowl. It's a question of flux. When they are winning, we can pay our coaches anything. When they are losing, we can pay them nothing and still that's too much. .-= Financial Samurai´s last blog ..<a href="http://feedproxy.google.com/~r/FinancialSamurai/~3/dZTiCd-8zUA/">Why The World Forgives Rich And Famous People For Cheating</a> =-. Awesome topic Cosmo! JEff Tedford of my beloved Cal Bears makes 3 mil a yr too, but Cal is in the Ponsetta I donno bowl.

It’s a question of flux. When they are winning, we can pay our coaches anything. When they are losing, we can pay them nothing and still that’s too much.
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