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SEC Daily Fever: Alabama Proves That It Takes Money To Make Money

Posted: Dec 10, 2009

Last January, Swampland answered the national media criticism of escalating coach’s salaries by saying “SEC Coaching Dollars Make Sense”. We talked about the schools in America ’s toughest conference having the passionate fan bases, full stadiums and the TV dollars to spend what it takes to be the best.

When Nick Saban signed an eight-year, $32 million deal two years ago, criticism in the media was rampant with the central theme being that no school should pay a football coach that much money. As we know (any many national pundits forget), the heavy majority of coach's salaries come from private boosters and not the school's general fund.

With the news yesterday that University of Alabama athletics turned a profit of $38 million in the last academic year, you can see why the dollars are worth it.

The total value of Saban's initial deal was $32 million, yet his school turns a profit above that amount in his second year. Hence, our justification for high salaries for top coaches is clear. With a TV deal in the billions and fans who are willing to pay for a winner, SEC schools would be crazy not to spend top dollars on their football leader.

Honorable Mention SEC Headlines:

 NCAA investigates Vol hostesses

 Strong will coach Sugar Bowl for Florida

 

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