Culture: College football coach offered $40 million

I really have to wonder how the students and faculty feel about Steve Saban being offered $40 million to coach the Alabama Red Tide. We've all come to expect ridiculous compensation packages for professional athletes, but now we have to endure the same thing at the college level? I thought public universities were supposed to serve the goal of higher education. A professor making less than 1/100th of that must surely question the relative importance of his role based on such a large pay discrepancy. I would find it a bit discouraging, to say the least. Then again, Alabama isn't exactly known for fostering intellectual discourse.