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BizSuitStacy · M
That's basically the going rate now at top universities. $7 million puts Venables at around no. 25 of top paid coaches. Brilliant DC at Clemson, but he's in the hot seat now.
@BizSuitStacy Way, way overpaid, colleges and institutions should be institutions of learning, not sports and activism.
BizSuitStacy · M
@NativePortlander1970 College football and basketball make universities a shit ton of money...it even subsidizes the other sports at universities that can't make money otherwise. Don't expect things to change anytime soon.
cherokeepatti · 61-69, F
@BizSuitStacy Stoops was making so much money and didn’t win as good as some others. But he had a “clean cut image” and that impressed Boren. Every single time when they wanted to give him a fat raise they’d put this story out in the media that some other team was scouting for him to hire for their head football coach. Then Voila! A fat raise was offered to him. Happened every single time. And never heard any criticism of this little ruse at all.
BizSuitStacy · M
@cherokeepatti it's even more messed up now with the transfer portal and actually paying the players.
cherokeepatti · 61-69, F
@BizSuitStacy They ought to give the players opportunities to earn that money in a variety of ways and not just hand it over to them. They can do endorsements (commercial advertisements) for example and accept payment for those. Which I believe is OK.
BizSuitStacy · M
@cherokeepatti check out Jimbo Fisher's contract situation. Texas A&M owes him $76 million from his buyout clause from Florida State. Then they fired Fisher a few seasons later. Suddenly, the $7 million salary doesn't seem crazy.
https://www.si.com/college/2023/11/13/numbers-behind-jimbo-fisher-texas-am-buyout?origin=serp_auto
https://www.si.com/college/2023/11/13/numbers-behind-jimbo-fisher-texas-am-buyout?origin=serp_auto
cherokeepatti · 61-69, F
@BizSuitStacy It would have been good if the athletic department had paid for the parking garage at the stadium instead of laying a sales tax on us in this city for everyone to pay for it. I started shopping in the next city to keep from paying so much into the city’s sales taxes after that happened.
@cherokeepatti I don't blame You one bit for that. When I was a kid in the 80's growing up in iowa, governor Branstad kept raising the sales tax while loweing corporate taxes, through the iowa assembly of course. We lived close enough to Minnesota which did not have a sales tax on school supplies or clothing, my mother thought it was worth the time to drive a couple hours to Rochester and gas was cheap enough at the time, to make our purchases there to keep from paying the ever increasing sales taxes. When we moved to iowa in 1980 it was only 2%, it's now 7%.
cherokeepatti · 61-69, F
@NativePortlander1970 Our sales tax rate is 8.76% now. I remember when it was about 2 %. The state dropped the sales tax on grocery store foods & beverages but the city has not. I don’t mind driving a few miles out of my way to another city, it’s 4 extra miles more than driving to the west side of my city but not much traffic so it’s faster to get there. Almost every store I like to shop at on a regular basis is on a one-mile strip of one street there too. So it’s even more convenient for me.
@cherokeepatti Same here where I live, the shopping district starts about 3.2 miles from where I live.
BizSuitStacy · M
@cherokeepatti And that's a crime taxing citizens given the money these universities make. Conferences are breaking up because of the TV revenue. The PAC12 (essentially) no longer exists because of it. $30 million per year per university in TV revenue wasn't enough for 10 of the 12 teams in the conference, so they found other conferences that pay better. And then gov't increases people's property taxes every year to pay for "stadium improvements.". Pisses me off to no end.
cherokeepatti · 61-69, F
@BizSuitStacy Now the university officials are wanting to build a huge sports arena near a shopping area and the hospital. Many of the citizens here are against it. It will take money away from the city budget that should be used for police, fire department etc. They are trying to convince the citizens that it won’t cost us anything. Someone suggested that they use foundation donations since they have a huge surplus but they insist on trying to pull one over on us. Not to mention that since it’s so close to the hospital & near the interstate that the traffic from all the events is likely to interfere with ambulances transporting patients, especially ones who are in critical condition.
@BizSuitStacy Here's a good one, in the late 90's the Pro Bowlers Association convinced the city of Reno, Nevada, to put a bond to a vote to the Citizens of the city to raise the sales tax like half a percentage or so to build a new bowling stadium. When it was completed, during grand opening ceremonies the prez of the PBA announced that it was off limits to open bowling, that ONLY PBA sanctioned tournaments with registered teams were allowed to use it. The last I heard it's still being held up in appealate court after the PBA lost the lawsuit, and it's still not allowed to have open bowling roughly roughly 27 years later.