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Home Magazine Issues August 2002 Are Football Coaches Overpaid?

Are Football Coaches Overpaid?

Washington Redskins Head Football Coach Steve Spurrier is probably the highest paid football coach in the world today. Coach Spurrier is reportedly contracted to earn $25,000,000.00 over a five year term, a deal valued at $5 million dollars annually. Despite that he may also be one of the best coaches, he has little need to worry about 3% inflation. After all, Notre Dame’s Knute Rockne was highly compensated too at $80,000.00 per year in the late 1920’s when he was the top paid football coach. The very best people usually do well in any field. With the very top NCAA Division 1A head football coaches being paid well over $2,000,000.00 in total annual compensation, their critics leap to decry that football coaches as a class of employees are highly overpaid. Part of this opposing mindset stems from an elitist, “white tower” view that coaching does not require extensive graduate

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