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Subject: Highest-paid public employees - by state (US only) rss

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Bartosz Trzaskowski

Tucson
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I was pretty sure that Sean Miller (UofA head coach) is the highest paid public employee in Arizona (www.businessinsider.com/here-are-the-salaries-for-the-highes...) but it's still ... interesting.

When I first came to US Lute Olson's salary was already 4-5 times larger than any full professor at the UofA.
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Andy Andersen
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Ridiculous
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Thomas Eager
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shakeshake Saw a similar post/map a few weeks back. Just more proof that our priorities are dangerously out of whack.
RSP in...3...2...shakeshake
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Michael Carter
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Sports bring in a ton of money and develop school/state loyalty.
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Key Locks
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Indianapolis
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who is your state's highest paid public employee. Not surprised.
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Doug Hook
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Wow, that's a lot of bread for the production of circuses.
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fightcitymayor
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mlcarter815 wrote:
Sports... develop school/state loyalty.
I have no idea what this is, and whether or not you are serious or kidding.

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Wendell
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fightcitymayor wrote:
mlcarter815 wrote:
Sports... develop school/state loyalty.
I have no idea what this is, and whether or not you are serious or kidding.



No doubt that's the line used by head coaches (or their agents) to demand such salaries, and by university presidents when they agree to them.
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This is quite misleading. College football and basketball programs support the bulk of the coaches salaries, not public financing.
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Michael Carter
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fightcitymayor wrote:
mlcarter815 wrote:
Sports... develop school/state loyalty.
I have no idea what this is, and whether or not you are serious or kidding.



How many sports fans do you know who don't wear their team's merchandise?
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Bartosz Trzaskowski

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wifwendell wrote:
fightcitymayor wrote:
mlcarter815 wrote:
Sports... develop school/state loyalty.
I have no idea what this is, and whether or not you are serious or kidding.



No doubt that's the line used by head coaches (or their agents) to demand such salaries, and by university presidents when they agree to them.


Well, let's say that school loyalty is kind of abstract, though definitely exist. I'm pretty sure that university presidents agree to those deals just by looking at the money, the basketball/football teams are bringing to them.

Let's just say, that according to the new contract with ESPN every ACC school (one of the top basketball conferences) will get $17.1 million / year in TV revenue. And it's actually not the highest contract - teams in some conferences get more than $20M/year. Factor in the teams merchandise (particularly if playing well), national recognition and other things and you'll see what the pridents see.

I guess they can spare a measly $2-8M/year of this money to hire the best possible coach...
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Exceptio probat regulam
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frumpish wrote:
This is quite misleading. College football and basketball programs support the bulk of the coaches salaries, not public financing.
Are there any serious numbers available on the profitability of these sports programs?

By serious, I mean that take into account the full costs and actual benefits by school:
* "Prestige programs" in general tend to hide costs and "massage" their income numbers
* Are college sports programs profitable for all schools, or just for a lucky few?
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☆ ✧ ☆ ✧ ☆
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Well college sports unquestionably bring in millions of dollars, and since the athletes aren't paid it would be pretty hard to imagine they aren't grossly profitable.
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Go New Hampshire!
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Josh
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Genghis wrote:
Go New Hampshire!
Sure, but part of his "pay" is that they plow his driveway twice a year and he gets all the free ammo he can use.
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Michael Carter
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gyc365 wrote:
frumpish wrote:
This is quite misleading. College football and basketball programs support the bulk of the coaches salaries, not public financing.
Are there any serious numbers available on the profitability of these sports programs?

By serious, I mean that take into account the full costs and actual benefits by school:
* "Prestige programs" in general tend to hide costs and "massage" their income numbers
* Are college sports programs profitable for all schools, or just for a lucky few?


The University of Iowa Athletics Department ended FY 2012 with a deficit after six years of being in the black. This was mostly to do with new construction projects.

Quote:

UI’s Athletics Department brought in nearly $98 million in revenue in FY12 and had nearly $105 million in expenses. The resulting deficit is a departure from previous years. The department saw a surplus of $5.3 million in FY11 and $14.3 million in FY10.


One of the UI economics professors looked at the profitability for 226 public universities and found that...

Quote:

In his review of the finances of 226 public athletic departments, Brook found that fewer than than 10 percent were profitable once public subsidy was removed. UI was one of 22 schools that were in the black, having generated about $4.7 million in profit last year once the small amount of subsidy it received was subtracted, he said.


However...

Quote:

Most NCAA athletics departments are not required to be self-sustaining, meaning they don’t need to be able to operate without external subsidies from the university or the state or federal governments, Brook said. UI’s Athletics Department, however, is expected to generate its own operating revenue to sustain itself, Klatt said.

Brook said he thinks UI’s Athletics Department fares well financially compared to its peers because it is accustomed to not relying on outside funding.


These numbers don't take into account the increased exposure on the national level for the university.

Edit: Forgot to link to the source. http://hawkcentral.com/2013/01/17/ui-athletics-department-fi...
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Dennis Ku
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Not a single one is an elementary school teacher? COME ON GUYS!
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mlcarter815 wrote:
[...]These numbers don't take into account the increased exposure on the national level for the university.
This is only useful for the winners though

Thanks for the rest of the post. TBH it suggests to me that across all schools, these programs probably run at a substantial loss, but the best 5% or 10% probably make a profit.

The only thing that could change that would be TV money - but I'd need to see the raw data before I'd believe there was enough to go around.
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Michael Carter
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gyc365 wrote:
mlcarter815 wrote:
[...]These numbers don't take into account the increased exposure on the national level for the university.
This is only useful for the winners though

Thanks for the rest of the post. TBH it suggests to me that across all schools, these programs probably run at a substantial loss, but the best 5% or 10% probably make a profit.

The only thing that could change that would be TV money - but I'd need to see the raw data before I'd believe there was enough to go around.



I edited my previous post to include a link to my source. Here is an ESPN table that shows "College Athletics Revenues and Expenses - 2008".

http://espn.go.com/ncaa/revenue
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Jeff
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Get your brackets in for the

MEDICAL FINAL FOUR!!!!


Med school dean (north)
Med school dean (south)-----|
|
|------------ WINNER!
|
Med School Plast. Surgeon |
med School Dept Chair-------|

(Note: the Med School Chancellor was ruled ineligible after not testing positive for performance enhancing drugs. C'mon, this is the med school bracket - what was he thinking??)



edit: well, damn. A feeble joke rendered even worse by poor formatting skills... Ah, well, it looked like a bracket when I posted it...


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skippen
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R.T. Sloan
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Damn!

I had my money on Garbage man.
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Brandon
United Kingdom
Cambridge
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The association of sports teams with universities (or any schools, for that matter) is poisonous and stupid. It doesn't make any sense, but it sucks up time, money and attention away from academics.

Anyway, this is the kind of crap that happens when you run a university like a business.
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Michael Carter
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jakobcreutzfeldt wrote:
The association of sports teams with universities (or any schools, for that matter) is poisonous and stupid. It doesn't make any sense, but it sucks up time, money and attention away from academics.

Anyway, this is the kind of crap that happens when you run a university like a business.


How else can you fund a university? Someone has to pay for the infrastructure.
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Brandon
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mlcarter815 wrote:
jakobcreutzfeldt wrote:
The association of sports teams with universities (or any schools, for that matter) is poisonous and stupid. It doesn't make any sense, but it sucks up time, money and attention away from academics.

Anyway, this is the kind of crap that happens when you run a university like a business.


How else can you fund a university? Someone has to pay for the infrastructure.


Run it as a public institution with a focus on producing educated graduates who can give back to society, like the rest of the world does.
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