Thursday, September 7, 2023

Are College Football Coaches Overpaid?

College football has had their first games last weekend. I'm looking forward to the rest of the season a lot. I think my beloved University of Washington Huskies are going to have a great year.

But there is a large controversy in college football and that is what the coaches are paid, at least in Power 5 conferences. For example, Kalen DeBoer, the coach at the University of Washington, is being paid a $26.7 million base salary over six years (or $4.45 million a year). If he stays with the program through 2025, he'll get a total of $10 million in bonuses (spread out over the years).

And DeBoer is considered a low-paid coach (I'm sure if he has another season like last year, that will change). Alabama's head coach, Nick Saban, is the highest paid college head coach at $10.7 million a year that will increase to $12.7 million by 2029. 

That's more than a lot of corporate CEOs make. But less than Taylor Swift.

(Pete Carroll, head coach of the NFL Seattle Seahawks, makes $15 million a year, in comparison.)

Then there's all the other coaches such as offensive and defensive coordinators, quarterback coaches, offensive line coaches, etc. They have to make a lot of money, too. Husky offensive coordinator Ryan Grubb just got a pay increase to $2 million a year because someone was trying to hire him away from UW.

The reason why these coaches are paid so much is that a good, winning coach is in high demand (just like CEOs that can make a company prosperous and like Taylor Swift concert tickets). You have to pay them a lot to keep them at your school.

And, yes, the coaches are often the highest paid state government employee.

Are they worth it? 

Yes! Because a winning program will make more money for the schools' athletic departments. That profit the football program makes goes to paying for sports, including women's sports required by Title IX, that the school otherwise couldn't afford. Plus, a winning football team has been shown to increase donations to the school for scholarships and other things.

So, yes, college football coaches are paid a lot. But they are worth it. (This is probably true of winning college basketball coaches, too, but they don't seem to make as much.)

How do you feel about coaches' salaries at the college level. Let me know in the comments below.

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