Study Defends Huge Salaries of Football Coaches

The seven-figure salaries of Division I football coaches are worthwhile economic investments, according to a new study by Vanderbilt University researchers, The New York Times reported. The study has not been peer reviewed or published, but a draft was shared with the Times. "If one believes that CEO compensation is set by the market at an appropriate level, and that employment contracts reflect this equilibrium, then one should reach the same conclusion about football coaches,” the study says.