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re: Economists think 5-star college football recruits could be worth $150K annually

Posted on 11/1/16 at 4:09 pm to
Posted by Lsuchs
Member since Apr 2013
8073 posts
Posted on 11/1/16 at 4:09 pm to
quote:

It is not a free market since the NCAA regulates everything that involves a player


Their services are on the free market. Canada, Europe, Arena, they can easily go play for a salary. They choose to sign with what the NCAA offers, they are free to walk at any time

The NFL decides they have to wait 3 years to be draft eligible, not the NCAA.
This post was edited on 11/1/16 at 4:13 pm
Posted by Cocotheape
Member since Aug 2015
3782 posts
Posted on 11/1/16 at 4:10 pm to
It's not a free market. Universities are colluding to keep wages at -0-.
Posted by Lsuchs
Member since Apr 2013
8073 posts
Posted on 11/1/16 at 4:11 pm to
It is a free market for their services. They choose the NCAA. Arena and Canada are equalally available. Fournette could be making 75k plus marketing if he wanted to

No one forces highschool athletes to sign with NCAA member institutions. What they offer is worth the alternative as decided by their signature
This post was edited on 11/1/16 at 4:14 pm
Posted by UAtide11
Member since Apr 2014
2190 posts
Posted on 11/1/16 at 4:15 pm to
quote:

It's not a free market. Universities are colluding to keep wages at -0-.


Not for nothing, sports leagues are cartels. They were never designed to be 'free market'
Posted by Che Boludo
Member since May 2009
18183 posts
Posted on 11/1/16 at 4:19 pm to
quote:

As much money as they bring the schools... 


People who usually start with this argument fail to realize that revenue does not equal profit.

Without subsidies, the majority of ADs make very little profit or none at all.

If anyone has a right to a bigger kick back from profits generated, it should be non-athletic scholarship students at universities that still generate a significant revenue from student fees to support the whole of an athletic program.

Those are the real bill payers in all of this that get nothing in return. I'm certain most would love to drop some programs for access to a free education, books, lower entry reqs, world class facilities, trainers, coaches, staffs, tutor/other educational opportunities, etc.

What about the 1000s of research assistants and interns truly working for nothing (if not on an academic scholarship), yet they bring in many times more the revenue in educational research grants than many ADs make annually. Where is their lobby of support for the oppressed? I bet they wish the ncaa would restrict work hours, create better conditions, and or maybe just keep the product of their work being stolen by the lead professor or all profits from their research becoming university property.

The whole discussion is a joke. Kids put in 3-4 years and are rewarded with a better opportunity in either life through free/reduced price education or the opportunity to take their talent to the next level.
This post was edited on 11/1/16 at 4:20 pm
Posted by Cocotheape
Member since Aug 2015
3782 posts
Posted on 11/1/16 at 4:19 pm to
99% of the market is colluding but it's a free market because of 8 teams or whatever in Canada, sure bud.

They are taking the best offer available to them. It's not slavery or some terrible deal, but it's not a free market either and pretending it is is silly
Posted by JustGetItRight
Member since Jan 2012
15712 posts
Posted on 11/1/16 at 4:20 pm to
quote:


It's not a free market. Universities are colluding to keep wages at -0-.


Someone makes them play college football?
Posted by roadGator
Member since Feb 2009
140324 posts
Posted on 11/1/16 at 4:22 pm to
quote:

They are taking the best offer available to them


It's a damn fine offer for those that are lucky enough to receive it.
Posted by JustGetItRight
Member since Jan 2012
15712 posts
Posted on 11/1/16 at 4:23 pm to
quote:


They used to have a farming system that was similar to that about 150 years ago in the country


Those farmers got college degrees, trainers, tutors, etc for free? They could decide they didn't want any of that and could leave any time they wanted?

Funny, my history books didn't teach me any of that stiff.
Posted by Cocotheape
Member since Aug 2015
3782 posts
Posted on 11/1/16 at 4:24 pm to
I can't be your econ teacher, this is basic stuff
Posted by Lsuchs
Member since Apr 2013
8073 posts
Posted on 11/1/16 at 4:31 pm to
quote:

They are taking the best offer available to them. It's not slavery or some terrible deal, but it's not a free market either and pretending it is is silly


You are free to start your own league. No one wants to watch a watered down NFL like Arena or Canada, people watch CFB because of the affiliation with their university and the lack of the professional mentality

Where does it end? Highschools in Texas are making a killing of of HS football while these kids could have an after school job.

So say LF is more valuable than your backup kicker, he gets his "fair" compensation right? Then you will have coaches parents saying you are sitting his kid to not reach his value. We already have the NFL man... We don't need another one.

You realize only 10+ Athletic departments are even in the green right? You'd have to make a new D1 with 30 or so schools that could even afford it. They already have that its called the NFL...
There is no rich owner laughing his way to the bank here, football pays for every thing else. I guess we could just cut all other sports so we can have minor league football
This post was edited on 11/1/16 at 4:39 pm
Posted by Allyn McKeen
Key West, FL
Member since Jun 2012
4275 posts
Posted on 11/1/16 at 4:32 pm to
Sorry, but what the hell is this?

I played CFB because I loved it. I never thought I would go to the NFL, but I thought I could play the college game pretty well, and I did. It was never easy, but I loved being on the team. I loved the games. I loved reading about it in the paper. I loved the radio shows. I loved being on TV, and I didn't mind it one bit that I got a bit of extra attention from the girls on campus.

If you want a job after you get out of high school, go and get one. If you want to do something for a few years that will stick with you for the rest of your life, go play college football.
Posted by LSU82BILL
Fort Lauderdale, FL
Member since Sep 2006
10320 posts
Posted on 11/1/16 at 4:32 pm to
quote:

IMO, as long as athletes get 3 decent meals a day and can afford to go out with their friends during their time off, they don't need anything more.


Really? From a USCe fan? Tell that to Marcus Lattimore. He took you guys from a perrenial 6 or 7 win program to the SEC Championship game as a freshman followed by 3 top 10 finishes. The 2 knee injuries he suffered at Carolina have left him permanently crippled and unable to play professionally. And you are OK with that because he got 3 meals a day and could afford to go out with his friends during his time off?
Posted by MontyFranklyn
T-Town
Member since Jan 2012
23830 posts
Posted on 11/1/16 at 4:33 pm to
You are referencing the AD not making a profit, but didn't take into account that millions of dollars that the AD has to allocate to non revenue women's sports and non revenue men's sports. Without that most ADs could profit from football
Posted by JustGetItRight
Member since Jan 2012
15712 posts
Posted on 11/1/16 at 4:47 pm to
quote:

I can't be your econ teacher, this is basic stuff


That you clearly fail to grasp.
Posted by Che Boludo
Member since May 2009
18183 posts
Posted on 11/1/16 at 4:58 pm to
quote:

Funny, my history books didn't teach me any of that stiff.


Fun fact (based on completely made up BS in the spirit of continuing on with the idiotic idea that slavery is at all analogous to athletic scholarship student-athletes):

CFB and slavery overlap in more ways than simply profiting from forced labor. CFB'S signing day falls in early Feb, which traditionally marked the end of the height of the slave trade season. As the majority of slave trade zone were south of the equator, and no one likes raiding villages in the winter time.

Furthermore, the traditional late Aug-early Sept CFB start date is in line with the 6-7 month transport, delivery, and integration time frame that slaves incurred.

If only slave traders had greater access to the extreme southern hemisphere zones before Feb, an early signing/enrollees period would have benefited all as the number farm ready true freshmen slaves would have been through the roof.

Where is the counter-argument to make the whole system more slave like? Who wouldn't tune in to watch bands of college coaches sweeping through Friday night HS football games and bagging up top players and dragging them back to campus.

Transfer penalties could be avoided as players could sneak out of the programs late at night and go off into the real world or self enroll into northern colleges that don't offer athletic scholarships... all while avoiding re-capture by other rival programs of their prior coaching masters.

(For Christ's sake... please note the sarcasm throughout)
Posted by Che Boludo
Member since May 2009
18183 posts
Posted on 11/1/16 at 5:02 pm to
That's absolutely included in the whole of the expense conversation. Didn't intend for it to be omitted in any way.

It was within, "I'm certain most would love to drop some programs" but, agreeably, that was not exactly explicit.
Posted by CNB
Columbia, SC
Member since Sep 2007
95901 posts
Posted on 11/1/16 at 9:04 pm to
No mention of the large insurance policy he had and claimed? Typical.
Posted by nes2010
Member since Jun 2014
6757 posts
Posted on 11/1/16 at 9:09 pm to
Four years of tuition, room, board, and all the other stipends and bowl perks, not to mention job training. I think overall, college football players are compensated adequately. Especially the lower rated recruits that get the same benefits as the 5*s.
Posted by Dawgholio
Bugtussle
Member since Oct 2015
13047 posts
Posted on 11/1/16 at 9:12 pm to
$150k? Send him to Georgia and we'll get him down to $40k
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