Detailed text transcripts for TV channel - CNN - 20110224:19:51:00
Defense. >> well, look, the main argument in my defense is what rick is saying doesn't have any economic foundations to it. the talent that we currently have in college coaching is exactly the same talent we'll have if there's a salary cap. it's because the payment that they're getting, these multimillion dollar contracts are all economic grants, opportunity costs, reservation wages are way, way down. if they're not coaching college football, they'll coach in lower division levels or high school football to learn 30, 40, $50,000. they're not going anywhere. if we cap them, they're not going an...
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