The 2021-’22 college football coaching carousel delivered a new wave of record-setting contracts that resulted in a shakeup among the highest-paid NCAA coaches. Coming off a year when so many schools were devastated financially by the COVID-19 pandemic, Congress is now investigating the matter.

Even before Georgia Bulldogs coach Kirby Smart receives an extension, an unprecedented amount of money is being handed out by top universities across the country. The USC Trojans lured Lincoln Riley away with a contract believed to be worth $10-plus million annually, the LSU Tigers pulled Brian Kelly away from Notre Dame on a deal worth $9.5 million per season and Mel Tucker’s instant success at Michigan State resulted in a 10-year extension worth $95 million.

All of this is happening after universities were dealt massive financial blows because of the COVID-19 pandemic. The economic loss is greatly hurting America’s Olympic pipeline, as detailed by LX’s Noah Pransky. It led to devastating cuts, per ESPN, with 63 tennis programs, 36 basketball teams, 30 soccer programs, 29 cross country teams and 17 swimming & diving programs cut from universities in 2020, per ESPN.

The increase in spending on college football coaching staffs also includes dead money, paid out due to buyouts of fired assistants and head coaches. ESPN’s Paula Lavigna and Mark Schlabach reported in November 2021 that FBS schools spent more than $530 million in dead money over the last decade-plus.

With many universities benefiting from tax-exemption status and seemingly finding more ways to pay both college football coaches and fired football staff, the House Ways and Means Subcommittee on Oversight is taking notice.