Don James was hired for 256 K or so in 1975 in today's dollar
So a 10 million dollar coach is making 40 times more give or take
45K in 1975 was a GOOD salary for a MAC coach getting his shot
$45,000 in 1975 is equivalent in purchasing power to about $256,806.13 today, an increase of $211,806.13 over 48 years. The dollar had an average inflation rate of 3.70% per year between 1975 and today, producing a cumulative price increase of 470.68%.
This means that today's prices are 5.71 times as high as average prices since 1975, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 17.523% of what it could buy back then.
The inflation rate in 1975 was 9.13%. The current inflation rate compared to last year is now 3.67%. If this number holds, $45,000 today will be equivalent in buying power to $46,649.30 next year. The current inflation rate page gives more detail on the latest inflation rates.
Don James was hired for 256 K or so in 1975 in today's dollar
So a 10 million dollar coach is making 40 times more give or take
45K in 1975 was a GOOD salary for a MAC coach getting his shot
$45,000 in 1975 is equivalent in purchasing power to about $256,806.13 today, an increase of $211,806.13 over 48 years. The dollar had an average inflation rate of 3.70% per year between 1975 and today, producing a cumulative price increase of 470.68%.
This means that today's prices are 5.71 times as high as average prices since 1975, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 17.523% of what it could buy back then.
The inflation rate in 1975 was 9.13%. The current inflation rate compared to last year is now 3.67%. If this number holds, $45,000 today will be equivalent in buying power to $46,649.30 next year. The current inflation rate page gives more detail on the latest inflation rates.
Comments
Don James had to win a Natty just get paid like $500k give or take.
So a 10 million dollar coach is making 40 times more give or take
45K in 1975 was a GOOD salary for a MAC coach getting his shot
$45,000 in 1975 is equivalent in purchasing power to about $256,806.13 today, an increase of $211,806.13 over 48 years. The dollar had an average inflation rate of 3.70% per year between 1975 and today, producing a cumulative price increase of 470.68%.
This means that today's prices are 5.71 times as high as average prices since 1975, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 17.523% of what it could buy back then.
The inflation rate in 1975 was 9.13%. The current inflation rate compared to last year is now 3.67%. If this number holds, $45,000 today will be equivalent in buying power to $46,649.30 next year. The current inflation rate page gives more detail on the latest inflation rates.
Race has done it again!