UC coaches' pay outstrips Nobel laureates'

[HB Pony Dad]

I'm so please California has it priorities in order...


UC coaches' pay outstrips Nobel laureates'

The top UC coaches earn, on average, three times more than the system’s full-time Nobel laureates.

The top eight coaches earned an average of $1.2 million in 2010, while UC’s eight full-time laureates earned an average of $403,000.

[CalallenStang]

The market sets the prices. Of course, I wouldn't expect many Californians to understand the principles behind free market economics.

[HB Pony Dad]

The market sets the prices. Of course, I wouldn't expect many Californians to understand the principles behind free market economics.

Jerry Brown and The Peoples Republic of California take offense to your characterization of the word "FREE"!

[CalallenStang]

The market sets the prices. Of course, I wouldn't expect many Californians to understand the principles behind free market economics.

Jerry Brown and The Peoples Republic of California take offense to your characterization of the word "FREE"!

Oh, how true

[leopold]

What's your point?

[redpony]

So with all of Cali's financial problems why not fire all the coaches and let the Nobel laureates coach.

GO PONIES!!!

[RSFan]

Let's be careful with the polotics, we must keep our opinions within acceptable cognitive dissonance.

[redpony]

Let's be careful with the polotics, we must keep our opinions within acceptable cognitive dissonance.

RS- no one mentioned anything about polo- the game or the shirts.

GO PONIES!!!

[smupony94]

The market sets the prices. Of course, I wouldn't expect many Californians to understand the principles behind free market economics.

Jerry Brown and The Peoples Republic of California take offense to your characterization of the word "FREE"!

You are the biggest hippie liberal ever

[NavyCrimson]

Living here in California & having to work with various gov't agencies as our customer now & then makes me enjoy this thread even more!! LOL!!!

With what they're teaching at UC, in particular Ber-zerkeley, those laureates are probably way, way overpaid.

I had a meeting at Ber-zerkeley a couple of years back & they warned us that they literally have a protest a day so we need to be careful where we go in order to avoid all the crowds.

It's hilarious but true!!!

[MustangSTATS]

Both get paid based on market rates. You can have an article arguing that coach pay for football in college has gotten out of hand or academic cost in general are getting out of control, but this is a poor way to do it. Both top research professors and coaches are largely tied to performance (grants and wins). Also coaches get paid higher, but they also do not have the premium of job insurance that professors do, not to say this entirely explains the pay trade off. But more importantly at that high end of pay, what you get is what you bring in. Win a noble prize and don't bring in grant money, have fun with base salary. Win a championship and have two consecutive losing seasons after that, there is the door.

[NavyCrimson]

Well said- STATS

[MustangSTATS]

Well said- STATS

Don't thank me, donate to the SMU to help build more logical thinkers. It gets annoying when people make baseless arguments referring to some nonexistent "intrinsic value" that is really just a way for them to pass judgments on who should get what based on there own personal biases while telling everyone they a being the rational objective one.

[NavyCrimson]

Have to admit 'logical' thinking isn't very abundant these days. LOL!!!

[dr. rick]

Both get paid based on market rates. You can have an article arguing that coach pay for football in college has gotten out of hand or academic cost in general are getting out of control, but this is a poor way to do it. Both top research professors and coaches are largely tied to performance (grants and wins). Also coaches get paid higher, but they also do not have the premium of job insurance that professors do, not to say this entirely explains the pay trade off. But more importantly at that high end of pay, what you get is what you bring in. Win a noble prize and don't bring in grant money, have fun with base salary. Win a championship and have two consecutive losing seasons after that, there is the door.

This is actually a pretty good explanation of what is happening. As a tenured prof. here at SMU (and previously at other major Texas University - read south of us), there are a lot of professors who have issues with the pay of the coaches. However, they forget about tenure, i.e., a coach can be fired for a poor season, but a tenured professor can not. One other factor not mentioned is the fact that coaches are like athletes or actors: the very best get paid a lot, but the average/good starve on their income. A Nobel laureate generally gets paid "reasonably" for decades before getting the award (not to mention the actual value of the award - about $1.4 million), as well as getting paid decades after the award. Other than Paterno, no coach has this sort of security. Finally, $400K for a professor? No one at SMU gets paid that type of salary without administrative (or athletic) responsibilities. In athletics, it is much easier to measure the value of a coach, even though many of the posters here seemingly could do a better job than June (or whomever is the coach).