According to the report on equity in athletics disclosure, Georgia ranks third in football revenue behind Texas and Ohio State. The 'Horns and Bucks are tied at almost 60m, while the Dawgs bring in around 59m. What's really funny is that once you deduct expenses, UGA operates with the highest profit margin of any other program.
Top College Football Profits (last season, btw)
Georgia $44.1 million
Texas $42.5 million
Michigan $37.6 million
Florida $32.4 million
Ohio State $28.5 million
That's all well and good. But, then you see Richt's desire to retain coaches. Add that in with the salary wars and coach sniping that's going on here in the SEC and quotes like this:
“If you’ve got the right staff, which I think we do, I think staff stability is very important,” he said. “Prior to us getting here, I think Brian VanGorder was, like, the fifth defensive coordinator in five years. I think Neil Callaway was the fifth line coach in four years. Georgia was certainly talented prior to us coming in, but having that stability was valuable for having the success that we have had.”
And you have to wonder why, in reality, we're not paying anyone to stay on staff. If we have this money, and we have these coaches we want to keep, and we're in a new age of assistant/position salaries, why would we not use said money to increase salaries to said coaches?
The follow-up. My favorite part:
"Then again, Georgia’s assistants’ pay is close[r] to Kentucky’s ($1.89 million) than it is Bama’s [or] LSU’s."
OK. So we have more profit than anyone (including Notre freakin' Dame), and we're paying our coaches Kentucky level money. Nice.
Is it really this cut and dry. God, I hope not. I mean, there's this piece of info:
"Florida’s assistant coaches actually made only $31,000 more than Georgia’s assistants in 2008"
Unfortunately, it's followed up with this:
"Then again, those UF assistants are enrolled in a generous pension plan in which they’re vested after only five years and that earns them a lot of hidden money."
Seriously - there's no way Charlie Strong's clinging to that UF job for a measly 310k. There's extra money in that contract somewhere. Stability and loyalty are hard found and go a looong way to success (Gardner/UGA and Strong/UF), but eventually, money (or opportunity) wins out, even for a life-long guy.
And, I wouldn't get too comfortable with that "stable and secure budget" just yet, Florida. We still have some re-negs coming up.
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Why is Charlie Strong still the DC at UF? He should be a head-coach somewhere. But, apparently, there are some strikes against him.
Age and interracial marriage? Jesus, its like Cocoon meets Mississippi Burning. I mean, Mike Price is a head coach, for fuck's sake.
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