For once I agree with most of what you say.I agree. I'm capitalist to the core, and then some. So I'm kind of torn here. I don't think anyone has the right to step in and tell anyone how to spend their money. But it does just seem grossly out of whack. I'd love to see a sensible salary cap for coaches. I am not in favor of players getting paid or making money while student athletes, but it DOES seem quite unfair that their coach can make upwards of $10 million/year. The only word that keeps coming to mind is: inequity.
I know it seems draconian compared to the salaries that are out there now, but you could set a $1.5 million cap for head coaches and $800k cap for assistants. You can live VERY comfortably on that anywhere in the country and it's still WAY more money than any average Joe will ever make in his lifetime.
I know there's no way for this ever happen, but the only alternative is for the arms race to keep spiraling. You have to imagine the bubble will eventually burst. I don't know what actually happens at that point, but the good times are bound to end at some point.
It's pretty hypocritical for people to argue against paying players out of one side of their mouth but support the bloated arms race out of the other side of their mouth.
I think there should be a cap...but a reasonable one. I also think there should be a cap on NFL, NBA, MLB players....because nobody is worth what is paid out. The $10 beers and shoe deals, marketing dollars have driven up money so it can be spread like this. So, I think coaches (and pro players and pro coaches)should all have a cap - but a cap that is in place so that the leagues/organizations/spots themselves don't devour themselves....which is what is happening.
All that said...I'm super capitalist too....but I'm talking about capping the professionals in order to keep their sport healthy, and supported. IN order to keep it afloat when bad times hit. But paying college players??? No thanks. We show up and pay our ticket prices for the name on the front, not the name on the back. College players are not exploited...they are quite literally (for 99% of them) living their best life, AND best portion/time period of their life they will ever lead.