Forbes: K-State is best football team for money; KU worst
12/19/2012 3:27 PM
05/16/2014 8:35 PM
It’s no surprise that finishing 1-11 will put your football team on some “worst” lists.
USA Today pointed outearlier this month
that KU spent more money on its head coach (Charlie Weis made $2.5 million this year) than any other one-victory team this season.
has jumped in, calling KU the “worst college football team for the money.” The financial magazine studied federal education department statistics of major Division I football programs for the last three reported financial years and compared them to victories the last three seasons, not including this year’s bowl games.
To make things worse for the Jayhawks, rival Kansas State isForbes’ best team for the money
According to the figures, Kansas spent $48 million on football in financial years 2010, ’11 and ’12 and went 3-9, 2-10 and 1-11 in those football seasons for an average of $8 million spent per win, $2 million more than the next-worst team, Indiana, which spent $58 million and won 10 games.
K-State, however, spent $38 million in those years and went 7-6 in 2010, 10-3 last season and 11-1 this year, an average of less than $1.5 million spent per win.
The Forbes story says its methodology is based on the premise that one year’s football spending affects the following season’s performance. The 2012 financial year ended in July and does not take into account any spending made during this fall’s football season.
Strictly comparing spending made in the same periods as the football seasons produces slightly better results for KU, but they’re still not pretty.
The Jayhawks spent $33.7 million on football in financial years 2011 (which covers fall 2010) and 2012 (fall 2011) and won five games in the 2010 and 2011 seasons, an average of $6.74 million per win. The Wildcats spent $26 million and won 17 games, an average of $1.5 million per win. A big chunk of KU’s football spending in those years is the $6 million owed to former coach Turner Gill after he was fired with three years remaining on his contract at the end of the 2011 season.