4 ms·
But all you're really saying with sports coach comment is that, among people in a sector that is not profit-oriented or known for high wages, the highest paid e
by SPBesui 9y ago
But all you're really saying with sports coach comment is that, among people in a sector that is not profit-oriented or known for high wages, the highest paid employee is the biggest differentiator of success ("amateur" participants notwithstanding) for a lucrative entertainment business. That's not really surprising on its face.
- pmiller2 9y agoExcept that college sports aren't really a "lucrative entertainment business." See http://www.politifact.com/virginia/statements/2014/dec/22/jim-moran/moran-says-only-20-colleges-make-profit-sports/ http://www.politifact.com/virginia/statements/2014/dec/22/ji...
- SPBesui 9y agoAgreed – see my comment lower down the thread. But even some athletic departments that are net in the red have football programs that make money on their own. Their coaches are paid market value, more or less. https://news.ycombinator.com/item?id=72825141901 https://news.ycombinator.com/item?id=72825141901
- yequalsx 9y agoVery few college football programs generate a profit for the school. A large majority of college football programs are propped up by mandatory student fees. College athletics is not profitable for schools with the exception of very few of them.