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.
The contract ended up being at a much lower price than expected. It looks like there will be more money for better training and recruiting, and that means a better football team will be playing on Saturdays. If the team is better, more people will watch Wolverine football, and the University of Michigan will be making a lot of money.
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