When a State School's Football Coach Earns More Than the Governor
The Kansas City Star recently compiled a list comparing the salary of the best paid football coach in a state-funded school with the salary of that state's governor.
In every state (except Alaska and Vermont which have no state-funded college football teams), the best paid coach earned more than the governor, theoretically the most important job in that state.
Some interesting data points from the list:
- Average best paid colllege football coach in a state makes $1.3 million per year
- Average governor makes $124,000
- Best Paid Coach: Nick Saban, Alabama football, $4 million
- Worst Paid Best Paid Coach: John Stiegelmeier, South Dakota State football, $115,000
- Best Paid Governor: Arnold Schwarzenegger, California, $207,000 (Schwarzenegger gives back all of his salary)
- Worst Paid Governor: John Baldacci, Maine, $70,000
- Biggest Margin: Alabama, $3.9 million (Governor Bob Riley makes $113,000)
- Smallest Margin: South Dakota, $9,000 (Governor Mike Rounds makes $106,000)
- Average Margin: $1.2 million in favor of coaches
But the numbers don't mean tax payers are placing a greater value on college football coaches than governors since the bulk of coaches' salaries are paid through licensing and broadcasting deals and not financed by tax dollars.
This leads to an interesting question: If governors were paid in a free market scheme, who should be the best paid governor? Which governor has added the most value to the lives of his or her constituents?
(Hat tip: The Sports Economist)
Related:
- Million-dollar coaches move into mainstream (USA Today)
Loading...
Thank you for registering as a Portfolio.com Insider. Your comment has been added.
Create Your Public Profile- The Year in Research
- Dec 31 2008 9:13AM EST
- Mind Your Value Judgements
- Dec 19 2008 7:52PM EST
- S.E.C. Short-Sale Ban: Pretty Much Useless
- Dec 19 2008 3:45PM EST
- Advice from Japan: Don't Forget TARP 1
- Dec 19 2008 2:31PM EST
- Chart of the Day: Money Market Stress Easing
- Dec 18 2008 8:57PM EST
- House Price Bubble Deflated?
- Dec 18 2008 5:57PM EST
- Where Were the Whistleblowers?
- Dec 16 2008 11:03PM EST
- It's Just a Recession
- Dec 13 2008 10:20PM EST
- Comparing American and European Unemployment Insurance
- Dec 12 2008 7:46PM EST
- Back to Normal?
- Dec 11 2008 4:33PM EST
- Chart of the Day: Japan Under Quantitative Easing
- Dec 10 2008 4:11PM EST
- Don't Cry for Capitalism
- Dec 9 2008 4:13PM EST
- Can We Remember the Pain of Bubbles Past?
- Dec 8 2008 4:58PM EST
- The Pain to Come
- Dec 5 2008 6:04PM EST
- The Lending Standards Red Herring
- Dec 4 2008 3:34PM EST
Categories
Links
- Email me

- Geary Behaviour Centre

- NBER Working Papers

- Social Science Statistics Blog

- Decision Science News

- Freakonomics

- New York Federal Reserve Research

- Statistical Modeling, Causal Inference, and Social Science

- Marginal Revolution

- EconTalk

- MoneyScience

- VoxEU

- Journal of Interest

- Bluematter

- Economist's View

- Research Recap

- Social Science Research Network

- Institute for the Study of Labor

- EconPapers

- Real Time Economics

- Center for Economic Policy Research

- B.I.S. Working Papers

- C.B.O. Director's Blog

- Federal Reserve Working Papers

- Institute for the Study of Labor

- O.E.C.D. Factblog

- Philadelphia Fed Research

- St. Louis Fed Research

- Sabernomics

- Sabermetric Research

- Economic Principals

- Numbers Guy

- Econbrowser

- STATS Blog

- Jeff Frankel

- Junk Charts

- Predictably/Irrational

- Tim Harford

- TierneyLab

- Curious Capitalist

- DataPoints: The Dismal Scientist Blog







