Attackcoog
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D1 AD Argues For A Cap On Coaching Salaries
I thought this article was interesting. lol...sounds kinda like "Please Please Please---protect us from ourselves!!
Salary market inefficiency is especially apparent when athletics directors and presidents find themselves renegotiating contracts to retain successful coaches. The non-profit structure creates an odd principal-agent dilemma: It is almost always in the personal job-security interest of athletics directors to pay highly popular coaches whatever it takes to retain them, lest they be blamed by influential constituents for allowing a beloved coach to get away. Agents representing coaches understand this negotiating dynamic, and are thus able to extract exceptional value for their clients. Negotiating circumstances are different in professional sports, where management is closely supported by an owner with a personal incentive to optimize financial efficiency and maximize return on investment.
Off the record, ADs will admit it’s ridiculous that the fourth best coordinator in a conference can earn $1.7 million for a head coach that earns $6 million a year, but, well, you try being the first to draw the line in the sand.
https://footballscoop.com/news/d1-ad-arg...athletics/
(This post was last modified: 12-16-2019 12:49 PM by Attackcoog.)
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12-16-2019 12:47 PM |
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