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Subject: The Market For Human Capital


Author:
An Observer
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Date Posted: 14:59:05 12/07/16 Wed
In reply to: remember it well 's message, "strength coach salaries" on 14:37:36 12/07/16 Wed

It's not always fast and it's not always fair but, over the long-term, the market for human capital does get more efficient. These strength and conditioning coaches make more than half a million dollars per year because that's the impact that they can have on a business with $50-75 million in revenue.

As our good friends Bob Woodward and Carl Bernstein taught us, "Follow the money." It will usually yield the truth eventually.

When Harvard pays Amaker more than a million dollars a season while other Ivy basketball coaches make a fifth of that, it tells you that Harvard is in a different business than the other Ivies are in. Amaker is no different than the strength and conditioning coach at Ohio State. He's being paid as a valuable employee of a valuable business. The only problem is that the other Ivies have chosen to be in a different business. How long is that state of affairs compatible?

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Replies:
[> [> Subject: Re: The Market For Human Capital


Author:
Old Eli
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Date Posted: 12:35:25 12/08/16 Thu

i would argue that kind of salary for an Ivy basketball coach is not sustainable in the long run because the revenue streams shouldn't allow for that on top of all the other expenses. let alone before you start factoring in all the non-revenue sports. it's kind of mind-boggling that Ivy League schools support such a larger number of varsity sports than power 5 conference schools.

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[> [> [> Subject: Re: The Market For Human Capital


Author:
Calvin
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Date Posted: 13:00:33 12/08/16 Thu

Remember, reminiscent of the tobacco strategy to cancer smoking statistics, the Big 0 vigorously disputes the salary figure usually attributed to Amaker.

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[> [> [> [> Subject: Do you have links for the salaries of all Ivy coaches?


Author:
Observer
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Date Posted: 15:26:29 12/08/16 Thu

From the Ivy Basketball blog, a year ago:

Average Annual Athletics Expenses Since 2004

Penn 30,644,364
Yale 27,483,608
Princeton 19,230,050
Harvard 18,707,094
Columbia 18,703,370
Dartmouth 18,673,655
Cornell 18,589,023
Brown 15,175,837

Penn Athletics also ranks second highest among all Ivies since 2004 in annual operating expenses:

Annual Operating Athletics Expenses Since 2004

Princeton 243,306
Penn 213,518
Harvard 205,083
Columbia 196,110
Brown 188,651
Cornell 180,694
Dartmouth 159,819
Yale 156,991

Even a comparison of Ivy expenses on menís basketball programs since 2004 makes Penn look charitable, as Penn ranks first in the Ivy League in total annual expenses on menís basketball in that span:

Average Annual Menís Basketball Expenses Since 2004

Penn 1,085,005
Harvard 912,857
Columbia 895,928
Princeton 895,102
Cornell 781,351
Yale 754,243
Dartmouth 732,493
Brown 729,028

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[> [> [> [> [> Subject: Re: Do you have links for the salaries of all Ivy coaches?


Author:
Observer
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Date Posted: 16:00:00 12/08/16 Thu

http://www.thecelebworth.com/50-highest-paid-college-basketball-coaches/9/

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[> [> [> [> [> [> Subject: Forbes doesn't put Harvard and Yale that far apart


Author:
Observer
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Date Posted: 16:16:14 12/08/16 Thu

http://www.forbes.com/sites/jasonbelzer/2013/01/28/best-college-basketball-coaches-for-the-money/#31c53f862041

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[> [> [> [> Subject: Re: The Market For Human Capital


Author:
Calvin
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Date Posted: 19:40:32 12/08/16 Thu

I believe my point has been proven.

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