Interesting that 3 of the 4 highest paid coaches are in the Big Ten
- Thread starter lionlurker
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Not really, it's a function of total revenue, which is largely a function of stadium size, fan base size, etc.... B1G also has 3 of the absolute largest Football Stadiums and Revenue Generators in the nation.
Take a look at total athletic revenue by school and it tells a different story.
http://sports.usatoday.com/ncaa/finances/
http://sports.usatoday.com/ncaa/finances/
Believe that depends on how and what the schools themselves want to report (i.e., no set standard as to what is reported under these figures) - for instance, ASWP doesn't even report. Additionally, it is from the "2015-2016" academic year (i.e., 9/2015 to 9/2016), not last year -- IOW, it is two years old and from a period where PSU's Revenues just on football would be far lower than they were last year.
2015-2016 year was the most recent year the NCAA has available. I expect Penn State revenue will have climbed in the last two years, but that doesn't change my position. Yes, Ohio State, Michigan and Penn State have three of the highest paid coaches right now, but my bet is that halfway through his contract Franklin may not even be in the top ten highest paid (I do not know details of Meyer or Harbaugh.)
Yes, these three schools have big stadiums, but stadium size is only one factor in coaches salaries. Total football compensation includes other factors.
Again, there is no "standardization" of metrics. For instance, the list Harbaugh's "salary" at over $9 million per year, which is not really accurate as it includes the "Annual Premiums" paid on a Life Insurance Contract (it is an accelerated Premium Whole-Life Contract and the Premiums do not persist beyond the first several years. Beyond that, a significant portion of the proceeds of the contract revert back to UM, not "3rd Pace's" heirs, upon his death. IOW, it is absurd to count Prepaid Insurance Premiums as part of his "recurring annual salary and compensation", because it isn't and Harbaugh's actual recurring annual salary before "potential bonuses" is nowhere near $9+ million.). The same absurd lack of standards exists on the other side of the equation (what teams report has "football revenues"). IOW, they are not making apples-to-apples comparisons in regards to any of these things. In any event, there is a huge correlation between "recurring minimum guaranteed annual compensation - i.e., salary" and the ranking of home gate revenues and season-ticket revenues for the program in question.
