It pretty much accurate but doesn't tell the whole story.
An example is the University of Wisconsin's football and basketball coaches. (I'd think the football coach is paid more but not bothering to look it up). The UW athletic department is entirely self sustaining, meaning it takes no funding from the University or state. Instead it derives it's revenues from ticket sales, merchandising, TV broadcast revenues, bowl game payouts and donations.
Not a dime of tax payer money is spent on coach's salaries, even in the sports that do not contribute to the bottom line. College football is a huge cash cow and basically subsidizes the rest of the athletic department with some help from basketball.
The coaches are technically state employees, but they are paid out of the athletic department budget.
An example is the University of Wisconsin's football and basketball coaches. (I'd think the football coach is paid more but not bothering to look it up). The UW athletic department is entirely self sustaining, meaning it takes no funding from the University or state. Instead it derives it's revenues from ticket sales, merchandising, TV broadcast revenues, bowl game payouts and donations.
Not a dime of tax payer money is spent on coach's salaries, even in the sports that do not contribute to the bottom line. College football is a huge cash cow and basically subsidizes the rest of the athletic department with some help from basketball.
The coaches are technically state employees, but they are paid out of the athletic department budget.