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re: Arian Foster admits to taking money at UT
Posted on 9/20/13 at 2:09 pm to LSUdm21
Posted on 9/20/13 at 2:09 pm to LSUdm21
quote:
And what about taxes?
What about them? They will be handled like all taxes are handled. Players not reporting income will be subject to the same penalties that we all are.
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Posted on 9/20/13 at 2:09 pm to VABuckeye
quote:
A few million is still a drop in the bucket compared to grants and endowments. It's pocket change. Btw, who funds the arms race? The growing athletic facilities and stadium expansions. The football program? Lol
If athletics is a money drain on these schools, then why do they still have it?
Posted on 9/20/13 at 2:09 pm to sbrian3915
quote:
Plus you'll have to pay the divers too, and the rowers, and the bowlers. People run their mouths without really thinking about what they are saying.
If we used "fair market values" I think we should have the divers, rowers and bowlers pay the universities.
I don't know about you but I need to be payed to watch those sports.
Posted on 9/20/13 at 2:09 pm to sbrian3915
quote:
Plus you'll have to pay the divers too, and the rowers, and the bowlers.
Not if they dont command payment from the market.
Posted on 9/20/13 at 2:09 pm to PropJoe
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The NCAA has figured out a way to have a multibillion dollar industry without paying the labor.
Im no history buff, but we fought a war for the same reason once.
Some stupid shite in this thread, but this one is the champion. Good lord, how old are you???
Athletes are well compensated for their "labor." The argument is how much more should they be compensated, which will never be enough.
Again, give them $1,000/month on top of their considerable benefits and they elite would still take illegal benefits.
If we are talking about compensation for jerseys, etc. that's another story.
Posted on 9/20/13 at 2:10 pm to lsutothetop
quote:
And at you dipshits who didn't play football and think you deserve the same aid as those you do (and that football players who want more are whining/entitled/etc.). You don't bring in shite to the university. If you're my age (graduating from undergrad next spring semester) then you probably don't even pay the full value of your own education. These guys pay several times their expenses in the revenue they bring in. Schools like LSU that turn a profit in the athletic department thanks to football and have their athletic departments subsidize the rest of the campus are funding the facilities that even ALLOW non-athlete students to attend in the first place.
This guy gets it. Compared to what a football player at Bama or LSU generates, a scholarship is a pretty paltry return, an exploitative return, actually. Moreover, enough with "we give them a scholarship and they don't have to work for it." They earn the scholarship: they have a talent that is scarce and in high demand, and playing a major college sport is exactly like having a job. So, please, all of us can tell sad stories about how hard we had it in college, but don't compare yourself to these athletes.
Posted on 9/20/13 at 2:11 pm to RogerTheShrubber
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If we are talking about compensation for jerseys, etc. that's another story.
Thats all Im talking about. Not the Universities paying these kids a salary.
Posted on 9/20/13 at 2:11 pm to PropJoe
quote:
What about them? They will be handled like all taxes are handled. Players not reporting income will be subject to the same penalties that we all are.
Awesome. I wonder what Uncle Sam will think about kids turning in tax forms with 6 figures and reporting that they're occupation is "college student".
Posted on 9/20/13 at 2:12 pm to LSUdm21
quote:
I wonder what Uncle Sam will think about kids turning in tax forms with 6 figures and reporting that they're occupation is "college student"
As long as they pay their taxes, I dont think they will give a frick.
Posted on 9/20/13 at 2:12 pm to VABuckeye
quote:
A few million is still a drop in the bucket compared to grants and endowments. It's pocket change. Btw, who funds the arms race? The growing athletic facilities and stadium expansions. The football program? Lol
You're a fool. Do you know measures the governor of Texas took to ensure that Baylor would be the tagalong in to the Big 12 instead of Houston/SMU/Rice/TCU? Texas A&M just raised $740 million in one year, a total that is more than LSU's entire endowment. That's donations might I add not state funding, and far from pocket change. I'll let you surmise how much that has to do with the 32 hours spread over 8 days in fall that happen at Kyle Field.
Posted on 9/20/13 at 2:12 pm to ErnestTBassmaster
quote:
This guy gets it. Compared to what a football player at Bama or LSU generates, a scholarship is a pretty paltry return, an exploitative return, actually. Moreover, enough with "we give them a scholarship and they don't have to work for it." They earn the scholarship: they have a talent that is scarce and in high demand, and playing a major college sport is exactly like having a job. So, please, all of us can tell sad stories about how hard we had it in college, but don't compare yourself to these athletes.
Find me an athlete on a full scholarship condemned to 10-15 years of post collegiate crippling debt over college loans and then we will talk.
Posted on 9/20/13 at 2:13 pm to LSUFreek
quote:
It is the NFL minor leagues and schools are raking in billions off the backs of kids who have no other place to go for NFL job training, unlike MLB & the NBA who offer minor leagues & huge wages.
Uhhmm, no its not. And there are plenty of other options out there: https://en.wikipedia.org/wiki/List_of_leagues_of_American_and_Canadian_football
quote:
Then they have the nerve to tell students they have to maintain their amateur status in order to get a free-40k education they didn't ask for. They just want to train for the NFL.
Sorry they feel that way but they are told how it works upfront.
quote:
Would you work for a company for 4 years as an intern in training and accept a un-requested gift valued at $40K total as your compensation? Oh as a bonus, they'll throw in free cafeteria meals and a free 13x13 room.
I like the work you do man, but come on, you are smarter than this.
Posted on 9/20/13 at 2:13 pm to PropJoe
quote:
Not if they dont command payment from the market.
The smaller sports would cease to exist at 99% of schools.
Posted on 9/20/13 at 2:14 pm to LSUdm21
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The smaller sports would cease to exist at 99% of schools.
Tough titties
Posted on 9/20/13 at 2:14 pm to TeLeFaWx
quote:
Some do. And even without a positive cash flow, I'm sure if any analyst looked at what would happen to a fringe program with middling athletics, what would happen if they eliminated them, the interest in the school would drop like a rock. Marketing costs are huge, and athletics is free marketing.
Look at Case Western Reserves grants and endowments then look at their athletic program. Kids don't go there for the football team. Here's a novel idea. Build up your academics and money will follow. Don't take this as a slam on the SEC. It isn't intended to be one.
This post was edited on 9/20/13 at 2:15 pm
Posted on 9/20/13 at 2:14 pm to Crompdaddy8
Meh, statute of limitations. Nothing will happen.
Posted on 9/20/13 at 2:14 pm to TeLeFaWx
quote:
You're a fool. Do you know measures the governor of Texas took to ensure that Baylor would be the tagalong in to the Big 12 instead of Houston/SMU/Rice/TCU? Texas A&M just raised $740 million in one year, a total that is more than LSU's entire endowment. That's donations might I add not state funding, and far from pocket change. I'll let you surmise how much that has to do with the 32 hours spread over 8 days in fall that happen at Kyle Field.
Ehh, Baylor went to the Big XII because they are the most politically connected school in the state of Texas. Endowments had little to do with it, it was just pure politics.
Posted on 9/20/13 at 2:16 pm to PropJoe
quote:
Tough titties
Which means only the big sports survive, which means only men's basketball and football survive, which brings.....oh wow....Title IX implications!
Posted on 9/20/13 at 2:16 pm to ErnestTBassmaster
quote:
This guy gets it. Compared to what a football player at Bama or LSU generates, a scholarship is a pretty paltry return, an exploitative return, actually. Moreover, enough with "we give them a scholarship and they don't have to work for it." They earn the scholarship: they have a talent that is scarce and in high demand, and playing a major college sport is exactly like having a job. So, please, all of us can tell sad stories about how hard we had it in college, but don't compare yourself to these athletes.
No doubt most earn what they get, but to argue they aren't compensated for their labor (as some have) is just stupid.
They are fairly well compensated, and most universities lose money on college athletics.
This post was edited on 9/20/13 at 2:17 pm
Posted on 9/20/13 at 2:17 pm to PropJoe
quote:
Tough titties
So you'd have less than 100 schools in the country with football and basketball only and maybe 10 schools with baseball. Sounds like a great plan.
This post was edited on 9/20/13 at 2:18 pm
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