Coaches do get fired frequently (too frequently). I have little sympathy for the job security argument though. Normal folks also get fired and don't continue to be paid for the length of their contract. Wasn't Charlie Weiss being paid by Notre Dame two jobs later? Those kind of guarantees should decrease their salary, not increase!

Competitive pay is a reasonable argument. Capping pay will undoubtedly cause some of the best coaches to seek jobs in the NFL. But how many could really make that move? We are talking about 1-2 coaches a year at most. So to stop that we instead have a system where 90% of the schools transfer money directly from student tuition to athletic departments when they transfer money for subsidies. For athletic departments to take hundreds of dollars per year from 20,000 students taking loans to attend school should require extraordinary need and extraordinary benefits.