[KKKKkkkk1]

The UC system should be paying exactly $0 to football coaches and investment officers. It's an education system. The NFL and Wall Street are perfectly capable of taking care of football and investments without the UC's help.

[dpark]

I don't know about UC, but it's my understanding that in many universities, the football programs pay for themselves and then some.

As for the investment officers, someone has to manage the universities' endowments. Certainly, they could just liquidate their endowments and spend it immediately on, say, urgent needs and tuition reduction. But then when they need to, e.g., renovate a dorm, they will lack the money to do so.

[dmoy]

At any decent team this is the case (that football pays for itself, plus the other sports programs). Shit even at my alma mater which was awful (at football), this was still the case, and the head coach brought in like $1m/yr. Lot of money there.

Not enough to pay for that fancy new stadium though...

[dpark]

The fancy new stadium was likely paid for almost entirely with donations, though. Those don't tend to be paid for by the universities.