Limiting University compensation?

I hear you.

However, there are catches.

First, states have the right to determine the salaries of state institution employees since they control them in one form or another. Second, athletic departments are often funded entirely independent from the Universities (such is the case with Univ of Tenn). The athletic dept actually pays money to the University. Private foundations, donors, etc., fund these endeavors.

But financial interests, like banks, insurance companies, etc., are easy targets for people's hatred, especially those on the left. They're hated the way trial lawyers are hated by the right.

 

If these other organizations receive tens of billions of dollars from the bailout then they should be constrained as well. Why should a CEO of a bank get a multi-million dollar bonus when their bank is going bankrupt unless it is bailed out by the government?

 

Wrong. The only reason the coaches can make so much money is that athletics generate an enormous amount of revenue, and boosters give money toward athletic foundations.

As a side note...anyone who thinks that athletic boosters would give the same amount of funds to academic endeavors is living in a dream world.

 

Sure.

Why not?

Just as soon as an incompetent Congress and other assorted pols start limiting their own income from outside sources while in office , and especially after they leave office.

Would the Clintons be multi-millionaires with such a law?

No book deals.

Limited speech income.

Sound good?:thumbs: After all, they received government money as well.