Ryan Walter's will earn $25+ million for 3 years of abject failure. What would happen 8f an AD refused to guarantee contracts, but offer n9minal payouts of to end of year.
Proof of the lunacy of college football
- Thread starter Marylovesthelions
- Start date
Your posts are becoming proof of lunacy
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Then they would attract even worse talent on the whole. Good compensation packages don't guarantee success but offering non competitive comp packages for your industry will pretty much ensure failure.
this is just the free markets and not a lot different than every other CEO position of a public company. By public company, I don't mean shareholders but prominent in the media.
We've also created this weird bubble where Universities are not profit yet making bazillioins in all other endeavors like football. it is a great place to launder money. There is a reason why these construction tycoons lobby boards and buy up influence. the wealthy's tax-deductable tickets/Loge are not worth a lot of the team is losing and nobody wants to go. So funny money is poured into football while the kids continue to get breadcrumbs.
LOL I was retired at 55 and given one years pay and 6 mo outplacement when I reached 55. I only worked there 10 years. An unknown rabbi protected me until I got to 55. This gave me a small $477/mo pension. That is 143,000 over the past 25 years. Both GM and Ford ISO teams said our operation was one of the best in the automotive industry. We brought our distribution cost per unit down every year even though annual shipments kept falling due to product quality improvements. Pepsi Cola execs were hired and destroyed the company.
How many execs in your company are paid $4.5 million per year and guaranteed 5 years for their 1st managerial position.
Here is a great idea. Guarantee to pay out the balance of the contract but at the same % as the coaches win record. 4 wins in 24 games gets a payout of 16%.
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