Is exorbitant college coach pay sustainable? Is it ethical? | The Excerpt

On Sunday’s episode of The Excerpt podcast: College football continues to explode in popularity and revenue and this means the salaries of top coaches are skyrocketing into the millions. Earlier this year, Georgia football coach Kirby Smart signed a new 10-year contract that will pay him $13 million per year through 2033, making him the highest paid collegiate coach in the nation. But is the expense justified? USA TODAY Sports Reporter Tom Schad joins The Excerpt to explain what defense universities have for justifying such extravagant paychecks.

Hit play on the player below to hear the podcast and follow along with the transcript beneath it. This transcript was automatically generated, and then edited for clarity in its current form. There may be some differences between the audio and the text.

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Taylor Wilson:

Hello and welcome to The Excerpt, I’m Taylor Wilson. Today is Sunday, October 20th, 2024.

As college football continues to explode in popularity and revenue, the salaries of top coaches are skyrocketing into eight figures. Earlier this year, Georgia coach, Kirby Smart, signed a new 10-year contract that will pay him $13 million per year through 2033. This makes him the highest paid collegiate coach in the nation. And to put that in perspective, Coach Smart is making more than the CEO of Delta Air Lines and ranks 15th among CEO pay in the state of Georgia, but is the expense justified? Critics argue that these hefty paychecks can overshadow the educational mission of universities, strain financial resources, and create significant disparities within the academic community. There’s also growing debate about what these salaries should look like in an era where student athletes are beginning to receive forms of compensation.

USA Today Sports has been examining…


Source link : https://sports.yahoo.com/exorbitant-college-coach-pay-sustainable-001832824.html

Author : USA TODAY Sports

Publish date : 2024-10-22 00:18:32

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