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Assignment:
You may read about, but gloss over, the amount of money paid to high-profile football and basketball coaches at major Division | FBS schools. As an increasing number of coaches hit the salary range of $3 million to $4 million per year not to mention performance bonuses and built-in increases--many students, parents, and athletic program supporters are questioning the idea of paying such an exorbitant salary to a coach at what is purported to be a primarily academic institution. In 2013, FBS football coaches averaged $1.8 million annually, a 10 percent increase over the previous year.
In fact, coaching salaries for big-time programs have increased 90 percent since 2006. Moreover, three coaches Nick Saban (Alabama), Mack Brown (Texas), and Bret Bielema (Arkansas) each earned more than $5 million in 2013 (USA Today 2012). In this environment, coaches' salaries dwarf not only the money paid to professors but even the salaries of college presidents. What is your opinion of this situation? Should there be a limit on coaches' salaries at univers ties? Should the decision be left to each school? Justify your answer.
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