I Guess The Budget Crunch Hasn’t Hit Ohio State

Over $4 million per year for their new football coach?

Meyer will become one of the highest paid coaches in college football, along with Alabama’s Nick Saban and Oklahoma’s Bob Stoops, and Texas’ Mack Brown. The school says he will receive a six-year contract that pays $4 million annually, plus another $2.4 million total in “retention payments.” He also can qualify for supplemental bonuses.

Insane and frankly unconscionable at a public institution.

4 Responses to “I Guess The Budget Crunch Hasn’t Hit Ohio State”

  1. major dad says:

    True Bing but when you factor in how much money the big time football programs generate for the schools and for that matter fund all the lesser sports you see why they pay these guys what they do. What is needed is for these namby pamby school presidents to get a spine and stand up to those coaches that think they are bullet proof.

  2. Rob says:

    That’s what top coaches go for, Mr B. What I don’t understand is why Ohio State wants THAT guy. He’s burned out. He’s the college version of Bill Parcells.

    I don’t know who is bullet proof these days except maybe Nick Saban, Major, and he isn’t nearly as bullet proof as Joe Paterno was.

  3. major dad says:

    Nobody is bullet proof these days Rob, you’re right but that doesn’t mean they don’t think they are. It is getting out of hand though, just like an article I read where the writer (SI) wrote with all seriousness how tough it is for a pro football player to live off only 700K a year. Put me in that briar patch for a couple of years…

  4. Yojimbo says:

    Have to agree with md on the financial aspects. A few years ago the University of Texas football program was bringing in `56 million a year. At that same time, the entire University of Arizona athletic program had a budget of under 31 million. There is a good deal of leverage for a high profile team that is winning big. A BCS bowl will take care of a good part of his salary.

Image | WordPress Themes