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re: Florida QB situation couldn’t better illustrate players being bought by NIL
Posted on 1/12/23 at 3:06 pm to Revelator
Posted on 1/12/23 at 3:06 pm to Revelator
quote:
First off, playing college sports isn’t a job. Secondly, the players are already being well compensated with a scholarship, room, food and stipend.
"Well compensated" is relative.
Plus, while certainly a benefit, is a scholarship "compensation"? It's not consider "income" by the IRS (unless things have changed). In essense, all the school is saying is that a player doesn't have to pay for something other students have to pay for. The player is not actually receiving any income from the scholarship (or at least significant income). Housing, food, healthcare are ALL benefits. No one would argue against that. But again, that's not putting any revenue in the player's pockets. It's cost avoidance. Last year LSU brought in about $77 million in revenue. A large chunk of that attributable to football. That number is set to increase significantly with the new TV deal. Is the cost forbiddance of tuition, room/board, meals, plus the relatively small stipend "well compensated" relative to the amount of revenue generated by the program?
2
Posted on 1/12/23 at 3:29 pm to Alt26
quote:
But again, that's not putting any revenue in the player's pockets.
If someone provided you a free house, paid for the utilities and paid for your food, it might not put actual money in your pocket, but it would certainly have a financial value.
Posted on 1/12/23 at 3:51 pm to Alt26
quote:
77 million in revenue.
Where is the cost line? How much is all the equipment? Practice gear, game gear, game day staff, nutrition, weight facility, strength program, meeting facilities, locker room, rec center? How much are the players being charged for the use of the nations best personal trainers and nutritional advisors? What is the monthly fee for the world class workout facilities?
I sure don’t care that they make a little money. They should be salaried like a campus job with a reasonable stipend. But to act like the got nothing is absolutely crap. Forget the education entirely. Most all that money goes right back into the programs. Coach salaries are the only possible argument but players want to be developed by the best so it still comes back to being reinvested in the program
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