By Ken Reed

Big-time college football is swimming in money. One need look no further than the huge buyouts college athletic programs are paying football coaches they’ve let go.

A group of seven head coaches (Mike Riley, Nebraska, Todd Graham, Arizona State, Jim McElwain, Florida, Jim Mora, UCLA, Kevin Sumlin, Texas A&M, Butch Jones, Tennessee, and Bret Bielema, Arkansas) have been dismissed in the past month. Combined, they are reportedly owed $69.1 million for the early termination of their contracts. That means they are being paid on average nearly $10 million to go home and watch football on TV.

Moreover, buyout figures continue to grow. In 2017, according to USA Today, nine coaches now have buyouts that exceed $20 million!

The overarching point is, college athletic departments have the money to pay these ridiculous buyouts. Schools in Power Five conferences now average nearly $110 million in annual revenue.

So, tell me again why big-time college athletic programs can’t more fairly compensate the athletes that actually create the product?

Ken Reed, Sports Policy Director, League of Fans


Comments are closed.

Set your Twitter account name in your settings to use the TwitterBar Section.