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re: Jalen Rose preaching for Michigan to go after Miles!!
Posted on 10/23/14 at 3:41 pm to goodgrin
Posted on 10/23/14 at 3:41 pm to goodgrin
quote:
So, how would Michigan afford to pay Miles a salary comparable to Saban's?
Probably because it has the largest endowment of Div 1A football schools for an individual campus (except Stanford)
Endowment
And revenue is pretty great too.
Revenue By School
This post was edited on 10/23/14 at 3:43 pm
2
Posted on 10/23/14 at 3:46 pm to Tigers'Mojo
Regarding athletic/coach salaries, revenue is much, much more relevant than endowment.
Posted on 10/23/14 at 6:52 pm to Tigers'Mojo
quote:
Jalen Rose preaching for Michigan to go after Miles!!
quote:
So, how would Michigan afford to pay Miles a salary comparable to Saban's?
Probably because it has the largest endowment of Div 1A football schools for an individual campus (except Stanford)
Endowment
And revenue is pretty great too.
Revenue By School
That doesn't mean Michigan is going to start selling off chunks of its endowment to chase after a football coach. I don't know the makeup of its portfolio but I do know that many endowments have large chunks of illiquid investments that are often mispriced, i.e. overstated.
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