Sports Trivia Q: Name the handful of college football coaches making $3 million/year.

[Xstatic1]

Answer is in bold below.

It's a big-money dance that takes place this time every year: One university wants to hang onto its highly successful football coach. Another wants to hire him.

Les Miles couldn't lose.

On Thursday ? four days after Miles and Louisiana State landed a berth in college football's national championship game and five days after he ruled out a move to Michigan ? LSU's Board of Supervisors will gather in Baton Rouge and likely approve an extension of his contract through 2012. It figures to make Miles a $3-million-a-year man.

Another one.

Four coaches ? Oklahoma's Bob Stoops, Alabama's Nick Saban, Florida's Urban Meyer and Iowa's Kirk Ferentz ? already have cracked the $3 million mark, leading a spiral that shows no sign of slowing. This year, for the first time, the average earnings of the 120 major-college football coaches hit $1 million, a USA TODAY analysis finds. That's not counting the benefits, perks and myriad bonuses in their contracts.

At least 50 coaches are making seven figures, seven more than a year ago. At least a dozen are pulling down $2 million or more, up from nine in 2006. Last season, Stoops was the only one making more than $3 million.

"Is this a favorable trend? The answer is: Of course not," says LSU Chancellor Sean O'Keefe, who worked out the new deal with Miles. "That said, it's also market dynamics. The value of things is determined by the demand that exists. There's nothing unfair about that."

The marketplace shudders at the end of every season. Coaches retire, resign and are fired, and schools eager to preserve or upgrade their programs chase the most attractive replacements. Others try to keep their coaches from being poached.

Even without competition for their coaches' services, most schools are digging deeper into their budgets in December and January to pay incentives to their coaches for winning conference championships, getting to bowl games, drawing fans and keeping their players in good academic standing.

It's an investment, school officials say, in the health of a sport that's the revenue-generating backbone of most major-college athletics programs. Successful teams pump up ticket sales and prices, television rights fees, marketing revenue, donations and even applications for admission to the universities.

To read the full article: http://www.usatoday.com/sports...2-04-coaches-pay_N.htm

 

[maddogchen]

Iowa? USC isn't on there? wow.

 

[kalster]

kirk ferentz is way over rated

 

[GrantMeThePower]

Originally posted by: maddogchen
Iowa? USC isn't on there? wow.

USC, as a private school, doesn't have to release any salary information, so its quite possible (even probable) that Pete would be included in the list.

 

[Epic Fail]

Their combined salaries can educate a small country.

 

[miketheidiot]

Originally posted by: GrantMeThePower

Originally posted by: maddogchen
Iowa? USC isn't on there? wow.

USC, as a private school, doesn't have to release any salary information, so its quite possible (even probable) that Pete would be included in the list.

usc is a private school? are you sure?

 

[IAteYourMother]

Originally posted by: miketheidiot

Originally posted by: GrantMeThePower

Originally posted by: maddogchen
Iowa? USC isn't on there? wow.

USC, as a private school, doesn't have to release any salary information, so its quite possible (even probable) that Pete would be included in the list.

usc is a private school? are you sure?

of course it is...

 

[IAteYourMother]

and they definitely are worth their salary assuming it's a football program that makes the university $$

 

[Mill]

Originally posted by: GrantMeThePower

Originally posted by: maddogchen
Iowa? USC isn't on there? wow.

USC, as a private school, doesn't have to release any salary information, so its quite possible (even probable) that Pete would be included in the list.

From what the Press has reported -- he cracked the 3 million dollar mark a little while ago.

 

[invidia]

..... And we have doctors and EMTs saving lives who barely make half that

 

[TheVrolok]

Originally posted by: IAteYourMother
and they definitely are worth their salary assuming it's a football program that makes the university $$

Gotta see how it works, though. I know here, at PSU, Football money does not go to the University and vice versa. Football money is kept within Intercollegiate Athletics, which is a separate entity from the University on paper. I suppose if you have a team that brings enough money to compensate for the salary then yes, they can make the money from a business sense.

Random note, Joe Paterno here at PSU makes a bit under $500k a year. Who knows what endorsements/other income/incentives come to tho.

 

[austin316]

a year old but still valid for the most part.

http://www.usatoday.com/sports...es_contracts/flash.htm

 

[TheVrolok]

Originally posted by: invidia
..... And we have doctors and EMTs saving lives who barely make half that

Barely? I think barely is being generous. Sure, some doctors can pull down a mil a year, some make 500k, but not most by any means. There are a lot that make no more than 150k-200k. As far as EMTs go.. eek. 20-30k MAYBE, shit, when I work as an EMT I make 9/hr and I've got a number of saves under my belt. Even paramedics don't often make more than 30-50k tops.

 

[Xstatic1]

Originally posted by: invidia
..... And we have doctors and EMTs saving lives who barely make half that

did u see my Top 10 endorsement superstars thread?