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re: On Paying College Football Players.

Posted on 9/9/15 at 10:18 am to
Posted by 5thTiger
Member since Nov 2014
7996 posts
Posted on 9/9/15 at 10:18 am to
quote:

While I'm certainly for the principle behind this, the actual practice would be a colossal clusterfrick. Most athletes come from poverty (as the link in the OP states) and have little to no financial literacy of their own, let alone the ability to locate a trustworthy financial manager and/or agaent to deal with Nike, EA, Under Armour, Gatorade, etc. in their stead. Add to the equation the fact that these students have absolutely 0 time to deal with all of that on top of schedules that have them working from 5AM to 10PM throughout the week and it would cause a lot more harm than good.


So? Isn't it their responsibility? Perhaps put that college education to good use.

Stupid people will make stupid decisions. Thats life. But it is their decision to make. Let them make it.
Posted by tylerdurden24
Member since Sep 2009
46596 posts
Posted on 9/9/15 at 10:28 am to
quote:

Stupid people will make stupid decisions. Thats life. But it is their decision to make. Let them make it.


But it is also a collective responsibility of the administrations at schools to monitor and cater to student well being. Given the unique circumstances student-athletes face, I think financial literacy and management is no different a function of an Athletics department than academic support and student life services.

It's incredibly easy to think of every athlete as being the mature-looking twenty-something in front of a camera the week before the National Title game. But if you saw them all in person, you'd realize the majority of them are the same immature fresh-out-of-high school kids that make up the rest of the college population. Imagine being given your big student loan check, knowing that you never have to pay back that debt or need to spend it on housing, food, etc., and then adding the celebrity of being a football or basketball player on top of it. You have the power to do a lot of good for yourself and your family, or to get in over your head. I'm not saying restrict them from using their money. Rather, require coaching and literacy as a condition of receiving the check.
This post was edited on 9/9/15 at 10:33 am
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