Saturday, August 19, 2017

Penn State Football Coach Gets A $34.7 Million Deal

The Penn State football coach (James Franklin) was awarded a salary averaging $5.78 million a year over the next 6 years plus another possible $1 million per year in performance incentives making him the 4th highest paid in college football. Of course to a college with a budget of $5.7 billion next year this may not seem like much. However a number of the coaches in the NFL receive less.

In 2016 Penn State football pulled in around $75.5 million. Earning a net profit of $39.9 million.

So My Questions Are..
Should collage coach salaries be on par with pro ball?
Should college football earn profits?
Should players receive salaries?.

BTW
Pennsylvania taxpayers will give Penn State $318.2 million this coming school year.

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