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re: New bill to allow athletes to get paid.
Posted on 2/5/21 at 3:47 pm to dirty bastard
Posted on 2/5/21 at 3:47 pm to dirty bastard
quote:
Comes out to be about 350k or more when it's said and done.
It is significantly more money than that.
For one: The University is taking all of the monetary risk on you. One heart condition or injury and now you have a free ride since most Universities honor their scholarship even if you can't play.
For two: How much money do you think it costs someone to have private classes with Dan Mullen to play Quarterback? Or Kirby to teach Safety? For an entire year? We're talking hundreds of thousands if not a million dollars.
Third: Remember that the University provides you a stadium to play in as well, along with all of the facilities they enjoy.
Whether or not they come for the education, it is still something that is being offered and helps propel people in poverty into the middle class at a minimum. An education from Georgia, Vanderbilt, Florida, Alabama -- any SEC school is almost priceless, especially when all you have to do is play a sport with an inside chance to get into the NFL.
People are confusing compensation with pay. They are heavily compensated.
1
Posted on 2/5/21 at 3:57 pm to StrawsDrawnAtRandom
quote:
It is significantly more money than that.
Yep, this is a 10 year old article from Forbes on the value of college football scholarships.
LINK
quote:
SYNOPSIS
Despite recent claims that college football players are "oppressed" and "undervalued" relative to the revenues they generate for their universities, I argue using "cost of attendance" and "projected earnings" data that the average "value" of a college football scholarship is in excess of $2 million for student-athletes who (1) play for one of the pre-season Top 25 schools and (2) would not have pursued a college degree if it weren't for their scholarship.
And for over 99% of Division I FBS college football players on scholarship, this projected value in excess of $2 million is far greater than what any of them INDIVIDUALLY generate in revenue for their school.
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