NFL's Troubles Aren't Expected To Affect Super Bowl Advertising, Pricing
After the NFL season started off on a low note with the different domestic abuse situations, there was reason for the league to worry about their financial security. The Ray Rice and Adrian Peterson scandals had major advertisers fretting about whether or not they should stay with the NFL. As it gets closer to the Super Bowl though, the NFL has managed to rebound from its September difficulties and as NBC tries to sell their remaining advertisement spots, the ratings and interest are as high as ever.
I believe the NFL saved themselves on this one by making a very smart decision. The NFL listened when several advertisers expressed concern over players' behavior, and the league's handling of it, so they decided to change their policies. This decision was huge in my opinion. If the NFL wouldn't have changed their policies and they would have handled these situations the wrong way, they could have lost a lot of advertisers.
NBC was seeking to get an increase over the $4 million that Fox earned last season for a 30-second spot. This part of the article kind of relates to supply and demand. Each year, the demand for a 30 second commercial during the Super Bowl keeps rising, so the equilibrium price keeps rising. Overall, I don't think the scandals will hurt the Super Bowl ratings at all. The Super Bowl is just way too popular for that too happen. Also, it happened in September, so the NFL has had time to make changes to appease their fans. The NFL just keeps getting more popular, and I don't see the ratings of the Super Bowl dropping any time soon.
Friday, December 19, 2014
Thursday, December 18, 2014
U. of Michigan Said To Offer Harbaugh Nearly 10 Times Its President's Salary To Coach Football Team - forbes.com
U. of Michigan Said To Offer Harbaugh Nearly 10 Times Its President's Salary To Coach Football Team
Just the other day, the University of Michigan offered Jim Harbaugh a six year, $49 million contract to become the school's next head football coach. That would give Harbaugh an annual salary of $8.17 million. That would make him the highest paid coach in college football and in the NFL. Nick Saban is the highest paid in college at $7 million per year, and Sean Payton is the highest paid in the NFL at $8 million per year. Right now with the San Francisco 49ers, Harbaugh is only making $5 million per year.
I think it is absolutely ridiculous that college coaches are paid that much. If Harbaugh would take the job, he would be paid nearly 10 times the annual salary of the University of Michigan's president, Mark Schlissel. With those numbers, schools are basically saying that athletics are more important than academics. For some D1 schools, I think this might actually be true. They care a lot about having a good sports team because then it will bring in a lot of money for them if their team wins a lot. I know that almost all the time, the coach will be paid more than the president of the school, but I feel that they should definitely not be paid 10 times more than the president. I just think it sends a bad message, but I know that nothing will really change that.
It would help the school out a lot if they only paid their head coach about $3-4 million a year. It would free up a lot of money that would make their team much better off. They would be able to spend a lot more money on recruiting to get great athletes to come to their school. It would also open up a little extra money that they could spend on academics or use to give out scholarships. Overall I think it is absurd that college coaches are paid as much as they are. In my opinion, no college coach should ever be paid more than an NFL coach.
Just the other day, the University of Michigan offered Jim Harbaugh a six year, $49 million contract to become the school's next head football coach. That would give Harbaugh an annual salary of $8.17 million. That would make him the highest paid coach in college football and in the NFL. Nick Saban is the highest paid in college at $7 million per year, and Sean Payton is the highest paid in the NFL at $8 million per year. Right now with the San Francisco 49ers, Harbaugh is only making $5 million per year.
I think it is absolutely ridiculous that college coaches are paid that much. If Harbaugh would take the job, he would be paid nearly 10 times the annual salary of the University of Michigan's president, Mark Schlissel. With those numbers, schools are basically saying that athletics are more important than academics. For some D1 schools, I think this might actually be true. They care a lot about having a good sports team because then it will bring in a lot of money for them if their team wins a lot. I know that almost all the time, the coach will be paid more than the president of the school, but I feel that they should definitely not be paid 10 times more than the president. I just think it sends a bad message, but I know that nothing will really change that.
It would help the school out a lot if they only paid their head coach about $3-4 million a year. It would free up a lot of money that would make their team much better off. They would be able to spend a lot more money on recruiting to get great athletes to come to their school. It would also open up a little extra money that they could spend on academics or use to give out scholarships. Overall I think it is absurd that college coaches are paid as much as they are. In my opinion, no college coach should ever be paid more than an NFL coach.
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