portisfan24 wrote:Why is this only affecting the Colts coaches?
I believe that the change in pensions were done on a team by team basis. I've heard that Indianapolis was one of 7 organizations to make the change.
Football is a business just like any other. There is no salary cap on coaches and we already see these guys make hundreds of thousands to even millions on the assistant level. Pension plans add up over time and there comes a point in time where the business can't afford these types of expenses anymore, especially when it's mandated that players are paid a certain minimum percentage of the revenue. Pensions and health care drove the US Auto industry into the ground. I would hate to see that happen to the NFL. The average player in the NFL only plays for 3 years or so, but nowdays they average lifetime earnings for player has to be well over a million dollars. Coaches have a much longer career than players and generally I would expect their average lifetime earnings to be much higher than players.
I doubt many people on this board would be complaining about a pension if they held a $400,000-$800,000 a year contracting job that required less work than an average teaching position. You could work for 10 years and be set for life.