thee they had a couple successful years and fired the coach but nick sabin is on the radio. they brought him down to lsu and who is on the plane do you think to bring him back to lsu? the chancellor of university who is now the president of the ncaa. do you think anyone is going to try to tamp down the salaries of coaches or raise issues about this? it is not coming from the ncaa. i think emery earns like two million or a little more. sabin, fast forward today, goes to lsu, wins the national championship, does the pros and does terribly. someone else comes with a plane to pick him up at alabama. he is hired in alabama and up to 7.1 million. i am interested in the question of how does this marketplace work for coaches? there is no marketplace for the coaches, really. the mythology is there is only so many guys who can run a major football program which basically means fill up the stands and bring la lot of money in and wi a few games and there is nobody else we have to go find the name and open up the checkbook and pay them five-seven million dollars. there were six coaches i

but nick sabin is the best in the world.harlie: i have not looked closely at all the argument they make, but they are coming here as athletes, but they are getting a life experience, in some cases they will go four years and get a degree, rarely in terms of some, but they, and they get some, and that is worth something. joe: here is what i would say to that. 95% of them don't become trouble. the bargain university has made his we will give you education any better like. university has not lived up to that bargain. we all know that. charlie: argan in a meeting that if you don't play the sport -- bargain, in that few don't play the sport you are sought to play, you don't have access to the education the university offers? joe: no. ineligibility. look at north carolina. painful subject for you. charlie: it is. think north carolina is the only college in the state with fake classes to keep athletes eligible-- charlie: it is awful. joe: the bargain the universities make with the students, they do not the bargain. most of the athl

scombl >> nick sabin who is getting $7 million a year which is ten times what the president of the united states got and 70 times what a full professor got. you devote a bit of time to this. tell me about that and how we learn. >> this book is a book basically about big football, really. college football. i became interested in the economics of big football and how it became codified over the decades and how the revenue grew here in '85 to up here in 2011-2012 which was the period where was really looking at. i wanted to explain the business model and how it got there. part of that, you cannot help but look at coach's salaries. the salaries for coaches at the major universities have doubled over the years particularly in the last decade. sabin was interesting to me because i actually got to sit down with sabin way back in 199 when he left michigan state. he was earning $697,000 as the football coach at michigan state. put this on the table right away. sabin is a terrific football coach. he is the bear brian of our era. but he is a guy who is interested in money, too. he was unhappy at mic

but nick sabin makes $7 million a year. >> rose: so he's the best at what he does in the world. why not? >> so why shouldn't the players get a piece of that. that is all i'm saying. >> rose: i assume the university would argue, i haven't looked closely at all the arguments they make, and they are in the book it is the notion that yes, in fact, they are coming here as athletes but they're getting a life experience. and in some cases, in some cases, they will go four years and debt a degree. rarely, in terms of some. we now have one and out but they come and they get something. and that's worth something. >> so what i would say-- here is what i would say to that. 95% of them don't become pro. the bargain the university has made is that we will give you an education and a better life. the university does not live up to that bargain. we all know that. and many, many-- . >> rose: they don't live up to the bargain meaning that if you done play the sport that you were-- you know, that you were sought to play, you don't have an access to the education that the university offers? >> no,

of course nick sabin is on their radar. what is interesting is they send out a plane to pick up saving pretty much in the night and bring him down to lsu. who is on the plane to think to bring him back? the chancellor of the university a guy by the name of mark everett who is now the president of the ncaa. so if you think anybody will try to tempt down the salaries of coaches or raise issues about this, it's not coming from the ncaa. and there's about 2 million or as little more than 2 million. but anyway, fast-forward to today, he goes to lsu, with the championship, goes pro, just terribly. someone else comes at a plane to pick him up. you get tired at alabama, works his way up, wins championships. so my background is numbers, economics, business. i'm interested in the question of how does the marketplace work for coaches and how does it impact and universities. there really is no marketplace for these coaches per se. if the coaches and the ages so the mythology is that there are they so many guys who can run a major footb