The other day, Iowa Hawkeyes head coach Kirk Ferentz decried the spreading influence of money in college athletics. This is funny for several reasons, but you don’t really need to go past the fact that Ferentz is paid $3.8 million a year to coach Iowa’s football team, and does so while providing a comically small return on investment. In situations like this, schools would normally cut bait and fire the coach, but Ferentz is protected by a buyout that makes his contract look downright reasonable.

… If Iowa were to fire Ferentz today, the school would have to pay a buyout of $17,531,360.

$17,531,360. For Kirk Ferentz. To not coach.

When that’s the context, $918,000 is nothing.

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One Response to “To not coach.”

  1. Tuesday Links | Gerry Canavan Says:

    […] * For the love of the game: The other day, Iowa Hawkeyes head coach Kirk Ferentz decried the spreading influence of money in college athletics. This is funny for several reasons, but you don’t really need to go past the fact that Ferentz is paid $3.8 million a year to coach Iowa’s football team, and does so while providing a comically small return on investment. In situations like this, schools would normally cut bait and fire the coach, but Ferentz is protected by a buyout that makes his contract look downright reasonable. … If Iowa were to fire Ferentz today, the school would have to pay a buyout of $17,531,360. […]

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