FanHouse Coaching Salaries

Look, I'm not the one saying Charlie Weis is underpaid. It's the fine folks over at Coaches Hot Seat who claim that the best-paid coach in college football isn't making enough. Notre Dame's head coach makes $4.2 million a year, but Coaches Hot Seat says he ought to be paid $5.25 million.

Where do they get off saying this stuff? They didn't just pull that number out of thin air. Coaches Hot Seat figures that a coach should be paid 7.5% of his school's football revenue. Why 7.5%? I don't know, but they claim that the average coach takes in 7.61% of the team's football revenue, so their numbers seem reasonable. Still, take all this with a grain of salt.

Weis is getting shafted by more than a million bucks a year, so is he the most underpaid coach in college football? Nope. Not even close. The school getting the biggest bargain, as measured in sheer dollars, is Georgia. Few can argue with Mark Richt's record as the head Bulldog and, at $2.2 million a year, he probably doesn't remember what ramen noodles taste like. CHS says he ought to be getting just under $5 million. Mack Brown? Underpaid. Jim Tressel? Ditto.

The list of underpaid coaches doesn't stop there.

Attention KMart shoppers: We have a blue light special in Columbus, where right now we're offering 22% off of national championship winning coaches. So says Forbes, which is out with a list it calls The Best (And Worst) College Football Coaches For The Buck (slideshow warning). According to their algorithm, Jim Tressel's $2.6 million annual salary is under the market rate for coaches with similar achievements. The Buckeye boss should be making just under $3.2 million a year.

That sounds like a lot of money, mostly because it is. Yet Forbes says that even Pete Carroll (2007 compensation estimated at $4.4 million) is underpaid. They say Southern Cal's coach should be making about a Chevy Cobalt more than $5 million a year, based on his two national titles. (No word on how the Stanford loss affected his overall value, alas.)

So cheer up, Buckeye fans; you may have lost two straight BCS Title Games, but (a) you actually made it to two straight BCS Title Games, and (b) you didn't overpay for the privilege.

Of course, if somebody's underpaid, somebody's overpaid too. Who's the most overpaid coach in college football, according to Forbes? Hint: his name rhymes with "irk parents."