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In 27 states, the highest-paid public employee is a Football Coach ...
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JRsec Offline
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Post: #21
RE: In 27 states, the highest-paid public employee is a Football Coach ...
(05-10-2013 05:59 PM)Wedge Wrote:  
(05-10-2013 05:27 PM)JRsec Wrote:  And there was a thread around here just a few days ago questioning the profitability of FBS football programs? Do you really think they would be the highest paid persons in 27 states if the programs weren't profitable?

In many places, to call the program "profitable" you have to count the money donated by boosters as revenue. Some athletic departments count the money collected from "student activity fees" as revenue. (See the USA Today report on college athletic finances for several examples.)

That's different, obviously, from the sense in which NFL franchises are profitable.

Student fees are why they can buy their football tickets for $5 a piece or $10 in some places. So they are in essence a subsidy for both the Athletic Department and for the student who might otherwise have to buy some of the $70 & $80 tickets at full price.

As for boosters they give more when you win. So counting on that is probably a touch unrealistic.
05-10-2013 07:52 PM
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Ned Low Offline
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Post: #22
RE: In 27 states, the highest-paid public employee is a Football Coach ...
(05-09-2013 07:33 PM)Melky Cabrera Wrote:  Maybe the Northeast has it right. 07-coffee3

Ummm... no.

For the most part, public officials are paid way too much. This is especially true for those "in government" who do not produce any kind of accountable ROI.

As for coaches -the subject of the discussion-, they at least can point to "butts in the seats", contracts and so forth as evidence that they are being compensated justly. Still, taxes, parking fees, tickets and such are way too high; in this economy (which still sucks) anything that leeches off of the private sector needs to be curbed.

I would prefer that all coaches were only paid via private donations, etc.

This goes for ECU as well... and I do love my Pirates. We overpay just like everybody else although things are done a bit differently in NC (property taxes pay for most university salaries and expenses while most of the athletic endeavors are paid with student fees, donations and ticket sales).

Furthermore, if things are so good up there why do people from the northeast move "down here" in droves? The answer is that they are not that great up there... in fact, they suck. 05-stirthepot
(This post was last modified: 05-10-2013 09:07 PM by Ned Low.)
05-10-2013 09:06 PM
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Ned Low Offline
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Post: #23
RE: In 27 states, the highest-paid public employee is a Football Coach ...
(05-10-2013 08:54 AM)Captain Bearcat Wrote:  Public universities compete in the private market. In many states, the only state funding they receive is a subsidy per in-state student.

If you're going to count university employees as "public employees," then you also have to count General Motors, Fannie May, Freddie Mac, the Alaska Permanent Fund (a firm that invests Alaska's oil wealth and has $40 billion in assets), and any venture capital firm run by the State or local governments (which there are a ton, believe me). These are all "state-owned" companies that compete against private firms.

This especially applies to athletic departments, which by law, aren't supposed to receive state funding (at least in Ohio, and probably other States too). Correct me if I'm wrong, but most athletic departments at SEC schools (other than Vandy) are a different legal entity from the school, which even furthers the separation.

Good point about the "state-owned" nature of some companies... and we wonder why things are tough for many people right now. It definitely makes it easier to produce when you have a seemingly endless supply of capital to invest (which government does... although in reality, it's not endless).

You have to love Crony Capitalism!
05-10-2013 09:10 PM
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Wedge Offline
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Post: #24
RE: In 27 states, the highest-paid public employee is a Football Coach ...
(05-10-2013 07:52 PM)JRsec Wrote:  
(05-10-2013 05:59 PM)Wedge Wrote:  
(05-10-2013 05:27 PM)JRsec Wrote:  And there was a thread around here just a few days ago questioning the profitability of FBS football programs? Do you really think they would be the highest paid persons in 27 states if the programs weren't profitable?

In many places, to call the program "profitable" you have to count the money donated by boosters as revenue. Some athletic departments count the money collected from "student activity fees" as revenue. (See the USA Today report on college athletic finances for several examples.)

That's different, obviously, from the sense in which NFL franchises are profitable.

Student fees are why they can buy their football tickets for $5 a piece or $10 in some places. So they are in essence a subsidy for both the Athletic Department and for the student who might otherwise have to buy some of the $70 & $80 tickets at full price.

As for boosters they give more when you win. So counting on that is probably a touch unrealistic.

Not many students go to the games. A public school with 40,000 students might have 5,000 football tickets available, but every student pays the fees. Of course if it's a school that uses student fees to subsidize football, they probably don't have 50,000-plus season ticket holders anyway, and maybe they don't cap the number of student tickets. But even then, most students don't go to the games.

And they do budget for donations, and report them as revenue.

Example from that USA Today database, http://usatoday30.usatoday.com/sports/co...54955804/1

For 2011, UCF reported revenue of about $42.8 million, broken down in the chart as follows:

Ticket sales $5.2 million
Student fees $18.8 million
School funds $2.9 million
Contributions $6.4 million
Rights/licensing $8.2 million
Other revenue $1.3 million

NFL teams don't have accounting line items for "student fees", "school funds", or "contributions".
05-10-2013 11:46 PM
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