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Started By
Message
re: Proposed Federal Law Seeks To Limit College Coaches Salaries
Posted on 1/28/20 at 4:32 pm to Harry Caray
Posted on 1/28/20 at 4:32 pm to Harry Caray
quote:
Which actors and musicians are employed by state-funded entities?
You do realize the state doesn't pay all of a coaches salary at public universities right? The state doesn't even pay half of their salary.
1
Posted on 1/28/20 at 4:32 pm to OweO
I'm sure she's being lobbied by a bunch of disgruntled professors and other academia nerds who have no grasp of a world outside the academia bubble who are angry the schools football coach gets paid FAR more than those more "noble" professors. Of course, last time I checked, companies like ESPN/ABC aren't offering to pay $330 million per year to broadcast 14 lectures on art appreciation. And I don't recall ever hearing a university president complain about the nearly $50 million they get in TV revenue ALONE from the media companies.
Alabama football made $50 million in PROFIT. That, of course, is after the "mortifying" expense of coaches salaries have been taken out.
Perhaps the salaries of the football and basketball coaches are just fine, and it's the money pit other sports (particularly mandated Title IX sports) that are a problem. Football and basketball can (largely) pay for themselves. It just so happens they have to pay for the other shite as well
Alabama football made $50 million in PROFIT. That, of course, is after the "mortifying" expense of coaches salaries have been taken out.
Perhaps the salaries of the football and basketball coaches are just fine, and it's the money pit other sports (particularly mandated Title IX sports) that are a problem. Football and basketball can (largely) pay for themselves. It just so happens they have to pay for the other shite as well
Posted on 1/28/20 at 4:32 pm to OweO
quote:
Man frick this. Coaches are paid based on what their value is to the university right? Then who the frick is government to tell universities they can only pay them so much.
I feel the same way about these people that raise hell about what some companies pay their CEO. Yeah it might suck that the pay difference from a regular Joe employee and the CEO of the company is way out of wack but that is no ones business.
Posted on 1/28/20 at 4:34 pm to Ponchy Tiger
quote:
that is no ones business.
if it's a publicly traded company it is, especially if I'm a shareholder
Posted on 1/28/20 at 4:34 pm to OweO
Preposterous meddling and oppression.
Posted on 1/28/20 at 4:37 pm to OweO
Democrats
Posted on 1/28/20 at 4:37 pm to OweO
An open attack on the free market?
Posted on 1/28/20 at 4:41 pm to OweO
It's a crime Shalala
won the congressional race over
Salazar
won the congressional race over
Salazar
Posted on 1/28/20 at 4:41 pm to Ponchy Tiger
quote:
I feel the same way about these people that raise hell about what some companies pay their CEO. Yeah it might suck that the pay difference from a regular Joe employee and the CEO of the company is way out of wack but that is no ones business.
Exactly. Companies can pay their CEOs whatever they want, but I can understand when we were in a recession and all of these banks were being bailed out by the federal government yet continuing to pay bonuses to their CEOs. I understand why people would complain about that, but overall people are paid based on what a board of some type decided that person is worth.
If paying someone $5M a year and they are making the company $200M a year.. But can pay someone $30M who will make the company $900M a year then they are well worth their pay and if there is another company willing to pay them $45M then that's how its all supposed to work. We pay you more so you can make more for us.
Posted on 1/28/20 at 4:43 pm to East Coast Band
Damn she is hot.. Too hot to be a representative.
Posted on 1/28/20 at 4:43 pm to OweO
quote:I do realize that, and that's why I called it a very poorly researched proposal that will be dead on arrival. I was responding to the idiot who can't figure out why this was proposed instead of limiting salaries/compensations of actors and musicians.
You do realize the state doesn't pay all of a coaches salary at public universities right? The state doesn't even pay half of their salary.
Posted on 1/28/20 at 4:46 pm to OweO
Democrat. Enough said.
Posted on 1/28/20 at 4:46 pm to OweO
Can’t see how that would be constitutional, especially considering most universities run 80 percent of the salary through a private athletic support foundation.
Posted on 1/28/20 at 4:48 pm to Cosmo
quote:
They just despise free market supply side economics.
You spelled capitalism incorrectly.
Posted on 1/28/20 at 4:55 pm to OweO
Since they want to get into the finances of higher ed, how about a law that obligates the provider of education to be the holder of the debt on the loans? This will solve the salary issue across the board.
Posted on 1/28/20 at 5:02 pm to OweO
quote:
House Rep. Donna Shalala (D-FL),
Wasn't she involved in one of the many scadals at the University of Miami back in the day?
Posted on 1/28/20 at 5:08 pm to LSUTigersVCURams
quote:
Is there anything these Democrats won’t try to ruin?
No. There's really not.
Posted on 1/28/20 at 5:26 pm to udtiger
quote:
The NCAA scandal, which lasted from the summer of 2011 to the fall of 2013, will forever be linked to outgoing UM President Donna Shalala. The indelible image of Shalala grinning at a $50,000 check from booster Nevin Shapiro in a bowling alley in 2008 symbolized the university’s desire for money at the time, regardless of the source.
quote:
Shalala responded later that day with a statement of contrition and defiance. In the letter, Shalala admitted the university regretted committing any violations, but she also attacked the NCAA for its faulty investigation.
Posted on 1/28/20 at 5:29 pm to BPTiger
It’s like how they are always virtue signaling about their own sins.
Posted on 1/28/20 at 5:37 pm to OweO
how much did Donna Shalala bring in last year, from her house salary to speaking fees, from lobbyist arms, from PAC's, from campaign contributions...?
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