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re: Coaches pay is getting ridiculous, while players make nothing
Posted on 1/4/18 at 10:50 am to CatsGoneWild
Posted on 1/4/18 at 10:50 am to CatsGoneWild
Players deserve no cash. They get room and board, education, and supplies.
Let's take a visit to bizzaro world though and imagine how that would go....
That out of state 20-30k per year tuition scholarship, taxable income. Books? Tax that. Dorm/apartment stipend? Tax that too.
So the kids would actually owe more than they're receiving in cash most likely just to pay the government for all forms of income received via scholarship.
Doesn't Louisiana also have a state income tax? Yikes.
Let's take a visit to bizzaro world though and imagine how that would go....
That out of state 20-30k per year tuition scholarship, taxable income. Books? Tax that. Dorm/apartment stipend? Tax that too.
So the kids would actually owe more than they're receiving in cash most likely just to pay the government for all forms of income received via scholarship.
Doesn't Louisiana also have a state income tax? Yikes.
1
Posted on 1/4/18 at 11:04 am to CatsGoneWild
quote:
If a DC makes $3 million and a HC is getting a guaranteed $75 million, its getting out of control. Start dividing all this money to players too
quote:
CatsGoneWild
Snowflake.
Posted on 1/4/18 at 11:29 am to CatsGoneWild
Just for being born athletic, they get a lot more than the rest of us.
Posted on 1/4/18 at 2:15 pm to Hellmet
quote:
we put a salary cap on the coaches and bring their pay back down to a regular level so that fans don't have to have a trust fund just to enter the damn stadium.
No doubt the salaries are ridiculous but don't think
a salary cap would hold up in court.Maybe states could
cap their part of a coaches compensation but controlling other revenue streams would be a challenge.
I think there needs to be a cap on "administrator assts"...pretty sure thats that's very doable.
Posted on 1/4/18 at 2:28 pm to shotcaller1
quote:
That out of state 20-30k per year tuition scholarship, taxable income. Books? Tax that. Dorm/apartment stipend? Tax that too.
I think most folks would favor a form of compensation over and above the scholarship.
Their room and board stipend is already taxed BTW.
quote:
So the kids would actually owe more than they're receiving in cash most likely just to pay the government for all forms of income received via scholarship
Scholarship money (tuition and books) is non taxable
So it would be virtually impossible to "owe more" than
they recieve.
P5 teams should'nt recieve 1 dime in federal tax subsidies in the way of Pell Grants for players.ALL those funds need to reimnursed to the feds.
Posted on 1/4/18 at 2:39 pm to Razor Dawg
quote:
Scholarship money (tuition and books) is non taxable
If they are employees, then it becomes an imputed income. It isn't a scholarship at that point. It is an employee compensation.
The exception would be if the education provided by the employer would advance the employee's career. That would railroad the athletes into a Physical Education degree to avoid having to pay income tax on an imputed benefit (i.e. pay taxes on a benefit that never reaches their wallet).
Posted on 1/4/18 at 2:42 pm to Razor Dawg
quote:
I think most folks would favor a form of compensation over and above the scholarship.
There are 150,000 scholarship athletes in this country, and you are expecting at least 75,001 to value money in their pocket more than their scholarship?
You are insane.
Posted on 1/4/18 at 2:51 pm to CatsGoneWild
quote:
If a DC makes $3 million and a HC is getting a guaranteed $75 million, its getting out of control. Start dividing all this money to players too
I totally agree with this. Its such an injustice !
Posted on 1/4/18 at 2:52 pm to meansonny
quote:
There are 150,000 scholarship athletes in this country, and you are expecting at least 75,001 to value money in their pocket more than their scholarship?
Read again...compensation ABOVE what their scholarship prvides.Certainly not equal to or even close.
No more then 15 to 20k and the IMMEDIATE elimination of all Pell Grants.
P5 ONLY BTW and your 150,000 scholorship number is laughable
This post was edited on 1/4/18 at 3:10 pm
Posted on 1/4/18 at 2:59 pm to meansonny
quote:
they are employees, then it becomes an imputed income. It isn't a scholarship at that point. It is an employee compensation.
So why are they taxed on room and board?
They can also increase the COA stipend as opposed to going the employee route.It was a screwey "formula"
anyway.
Posted on 1/4/18 at 4:47 pm to meansonny
quote:
There are 150,000 scholarship athletes
Closer to about 17,000 in regards to P5 schools.
Posted on 1/4/18 at 8:25 pm to CatsGoneWild
Seeing how I'm going to have 2 in college at the same time, I think the players are getting a mighty fine compensation.
Posted on 1/4/18 at 8:32 pm to Razor Dawg
quote:
your 150,000 scholorship number is laughable
Per the ncaa, there are 400,000+ student athletes in the country. 150,000 of them receive athletic scholarships.
ncaa link to a pdf on student athletes
Posted on 1/4/18 at 8:33 pm to CatsGoneWild
Add up all the free perks, services, and scholarships they get. Trainer and coaching time. Medical. Insurance. Housing. Etc. That's how much they get paid.
Posted on 1/4/18 at 8:33 pm to Razor Dawg
quote:
Closer to about 17,000 in regards to P5 schools.
About 18000 football players.
But title ix forces this discussion to spread further than football.
This post was edited on 1/4/18 at 8:34 pm
Posted on 1/4/18 at 8:39 pm to CatsGoneWild
Paying college players is a dumb concept. You might have 4-5 kids on every team who actually "earn" what they might be paid, the other 100 could be replaced by some other kid in the blink of an eye. They get free everything plus medical care, stipend, and other intangibles. They're making a lot to not play at a professional level.
Posted on 1/4/18 at 9:56 pm to calcotron
The players should get paid something but they already get free school, books, tutors,etc....As soon as players get paid you can bet all the non revenue generating sports will be gone. Schools would have to pay women's basketball, softball, volleyball,etc...too and there's no way they can when they lose money on those sports already. That's why you never hear politicians supporting the idea of paying CFB and basketball players. Women's sports would be gone overnight at every college. Look at the NBA they've been supporting the WNBA for years because it loses money.
Posted on 1/4/18 at 9:58 pm to CatsGoneWild
quote:
Start dividing all this money to players too
Think this through
How many schools pay coaches that much, How many athletic departments are even in the green, you think they’d only end up having to pay football players?
Also check out how much big time highschool football rakes in. Those kids could have jobs instead of working for free. At what point is it not playing a game you love? The NFL, that’s where
The vast majority of college football can’t afford to pay players and pay for every non profit amateur sport football supports. Why not just make it a 32 team D1? Oh wait...
When does Leonard Fournette complain he’s making the same as the backup kicker while he’s the only one risking a future career.... then when do kids want the ball just for the bigger bucks once that’s ruled on...
The NCAA doesn’t say kids have to play NCAA football. The NFL says they won’t take them until 3 yrs removed from highschool. There is no fanfare in minor league football without the school affiliation, they can play in Canada for 60-100k a year until the nfl will take them I think. NCAA isn’t stopping them
This post was edited on 1/4/18 at 10:12 pm
Posted on 1/4/18 at 10:02 pm to RT1941
quote:
Auburn just got bent over a barrel by the best agent in the business and an average head coach who basically held Auburn hostage until they retained a 7yr/$49mm guaranteed contract upon threat of him bolting to freaking Arkansas. Arkansas, are you kidding me?
If Florida is going to pay 6+ for Mullen then Auburn got fair market. Blame Merlins for the hike this year and Saban somewhat.
Posted on 1/4/18 at 10:05 pm to DawgGONIT
The kids should just stop playing football. Make it where the quality and depth of players gets so abysmal that the fans will blow their tops without being able to watch 19 year old kids get their brains bashed in that the schools have to pay the players if they want the sport to survive.
The fans will want football.
Kids will want to play again with the added benefit of money.
The schools can start bringing in millions again.
Football would suck for 5-10 years and possibly die out, but if it survived it would be a win win.
The fans will want football.
Kids will want to play again with the added benefit of money.
The schools can start bringing in millions again.
Football would suck for 5-10 years and possibly die out, but if it survived it would be a win win.
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