Articles matching tag: Salaries
- Column: The Escalation of College Football Coaches SalariesJanuary 18, 2018
College football is a revenue machine on par with most professional sports leagues in the country. And football coaches have the salaries to prove it. Division I football programs generate an estimated $8 billion per year, more than the NBA and the NHL. Most football programs also spend that revenue, in part by lavishing mega-contracts on their head coaches. The highest paid coaches are Alabama’s Nick Saban and Michigan’s Jim Harbaugh at $11 million per year. Saban and Harbaugh aren’t the only coaches making a fortune coaching “amateurs.” Texas A&M recently gave former Florida State coach Jimbo Fisher a 10-year, $75 million contract, which temporarily qualifies as the richest deal in college football history in terms of total value. It’s also double the amount paid to Fisher’s predecessor, Kevin Sumlin, who “only” went 51-26 during six seasons in College Station.
- Column: Big Money Salaries In Sports Can Be SustainedAugust 10, 2017
NBA free agency opened on July 1 and teams wasted no time in signing their own or other teams’ free agents to what may appear to be exorbitant contracts. Stephen Curry re-signed with the Golden State Warriors for five years and just over $200 million. Kyle Lowry signed a 3-year $100 million contract to stay with the Toronto Raptors. Gordon Hayward left the Utah Jazz to sign a 4-year $128 million contract with the Boston Celtics. Blake Griffin decided to stick with the only team he has known, the Los Angeles Clippers. You would too if they agreed to pay you $173 million over five years despite being plagued by injuries, as Griffin has been during the past few years.