Commentary: The out-of-whack economics of college sports | McClatchy Washington Bureau

×
Sign In
Sign In
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

You have viewed all your free articles this month

Subscribe

Or subscribe with your Google account and let Google manage your subscription.

Opinion

Commentary: The out-of-whack economics of college sports

Fred Grimm - The Miami Herald

September 04, 2010 04:03 AM

That a state employee named Urban Meyer makes 30 times more than the governor of Florida apparently has no shock value. Even in a recession.

The football coach (who might argue that he had a better year than Charlie Crist) has achieved a cult status as the very successful head coach at the University of Florida, at least among its football fans. They prefer to think of his $4 million a year as unrelated to the $90,000 the average full professor makes at the university.

They argue that if Meyer isn't paid an astounding and ever escalating salary utterly out of whack with the overall economics of a state institution, some other craven university with misplaced priorities will poach him away.

Or they point out that his pay is comparable to his rivals' salaries at other football factories in Alabama, Ohio, Texas, Oklahoma and California. Fiscal sanity becomes the football equivalent of unilateral disarmament.

That doesn't quite explain Jeremy Foley.

Last year, Bloomberg financial news reported with an air of amazement that Foley, the University of Florida's athletic director, was due $965,000 in guaranteed salary and another hundred grand or so in bonuses.

That was 2009, the same year University of Florida President Bernie Machen authored a depressing memo informing his non-jock employees that after cutting $69 million from the university budget the two previous years, he had to find another $42 million in budget reductions to "withstand the economic realities."

Machen was forced to whack 150 faculty and staff positions. Bernie's own base salary, in 2009, was about half his athletic director's pay. (Machen was also due a $300,000 bonus, but recognizing how unseemly that looked in a brutal budget year, donated the money to a hardship fund for students.)

But football and basketball programs, at certain big-time schools, seem immune to "economic realities." A number of assistant football coaches now make more than their university presidents, led by $2 million defensive coordinator Monte Kiffin at the University of Southern California, working for his $4 million head coach son Lane. (Lane Kiffin has taken over the program abandoned by Pete Carroll, who had been the nation's highest-paid private university employee at $4.4 million before jumping to the pros just ahead of NCAA probation.)

The Knight Commission on Intercollegiate Athletics Foundation warned last January, to no effect, that "During the most recent fiscal year, only 12 of 120 [NCAA Division I-A athletic departments] either broke even or made money."

The big spenders, like Florida, claim that giant sport salaries are paid by separate university athletic associations with money from big donors. But the donations are tax deductible. A booster pays big bucks for a luxury skybox and he gets to write the cost off on his federal income taxes. Perversely, all of America pitches in to subsidize Jeremy and Urban and Monte's millionaire salaries.

The Chronicle of Higher Education reports that last year very few American college presidents received a raise. And 15 of them, like Machen, actually reduced their pay packages. They recognized, as Machen put it, the "economic realities."

Still, I suspect the millionaires over in the athletic department slipped poor Bernie prime tickets to the big game.

Related stories from McClatchy DC

HOMEPAGE

Read more columns by Fred Grimm at The Miami Herald

July 15, 2010 08:07 AM

HOMEPAGE

Read the Grimm Truth at The Miami Herald

July 15, 2010 08:08 AM

national

Transcript of Adm. Thad Allen's Aug. 23 briefing on BP's Gulf oil spill

August 25, 2010 02:31 PM

Read Next

Opinion

This is not what Vladimir Putin wanted for Christmas

By Markos Kounalakis

December 20, 2018 05:12 PM

Orthodox Christian religious leaders worldwide are weakening an important institution that gave the Russian president outsize power and legitimacy.

KEEP READING

MORE OPINION

Opinion

The solution to the juvenile delinquency problem in our nation’s politics

December 18, 2018 06:00 AM

Opinion

High-flying U.S. car execs often crash when when they run into foreign laws

December 13, 2018 06:09 PM

Opinion

Putin wants to divide the West. Can Trump thwart his plan?

December 11, 2018 06:00 AM

Opinion

George H.W. Bush, Pearl Harbor and America’s other fallen

December 07, 2018 03:42 AM

Opinion

George H.W. Bush’s secret legacy: his little-known kind gestures to many

December 04, 2018 06:00 AM

Opinion

Nicaragua’s ‘House of Cards’ stars another corrupt and powerful couple

November 29, 2018 07:50 PM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service