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Time to share the wealth !
Posted on 9/29/17 at 5:29 am
Posted on 9/29/17 at 5:29 am
make players equal partners.
SEC paid out 40 mil I believe last year. Conference HQ got equal share. My plan is for All team sports to get some cut with football of course getting higher cut than the volleyball or diving team. Put money in trust. Students must maintain minimum gpa, graduate, etc. when student meets all criteria, check is given. If student violates any provision, a panel at each school would decide if students share should be rescinded or reduced. Etc.
What’s your opinion and plan? It’s time the players who are generating this wealth to get a cut. Also, I want to keep college sports semi pro, not full blown pro. Education and the college experience should always be the most important factor for these young people.
SEC paid out 40 mil I believe last year. Conference HQ got equal share. My plan is for All team sports to get some cut with football of course getting higher cut than the volleyball or diving team. Put money in trust. Students must maintain minimum gpa, graduate, etc. when student meets all criteria, check is given. If student violates any provision, a panel at each school would decide if students share should be rescinded or reduced. Etc.
What’s your opinion and plan? It’s time the players who are generating this wealth to get a cut. Also, I want to keep college sports semi pro, not full blown pro. Education and the college experience should always be the most important factor for these young people.
This post was edited on 9/29/17 at 5:50 am
15
Posted on 9/29/17 at 5:41 am to bamaoldtimer
Would love to help, but I got my own bills.
Posted on 9/29/17 at 5:46 am to bamaoldtimer
I'm no wealthier than I was before I opened this thread.
FAKE NEWS!!!
FAKE NEWS!!!
Posted on 9/29/17 at 5:51 am to bamaoldtimer
Can we pay the refs much more so that they quit fixing / betting on games too?
Posted on 9/29/17 at 5:51 am to bamaoldtimer
Nah. Bama players won't want to take a paycut.
Posted on 9/29/17 at 5:53 am to bamaoldtimer
You cant play college players to play. It will never, ever work
Posted on 9/29/17 at 6:24 am to bamaoldtimer
quote:I don't have a plan. However, only a handful of D1 athletic departments operate in the black so your plan would bankrupt 90% of the schools' athletic departments. They upped the financial aid to cover "cost of attending" and yet this stuff just came up. Are you suggesting Louisville pay all of their male and female athletes $100,000 so that they would not need to seek out this kind of arrangement?
What’s your opinion and plan?
Posted on 9/29/17 at 6:30 am to Diamondawg
Athletic departments are not for profit. They don’t live in the black because they’re not trying to make money. They spend it on facility upgrades, a 4th alternative uniform, a trip to Europe, give it to the school, and other non necessary stuff.
Posted on 9/29/17 at 6:37 am to Farmer1906
Allow shoe companies to pay market rate on the open market. Also allow atheletes to sign with an agent prior to leaving. Agents must be certified and not tied to a specific school.
Posted on 9/29/17 at 6:50 am to bamaoldtimer
quote:
My plan is for All team sports to get some cut with football of course getting higher cut than the volleyball or diving team.
Title IX says no. Paying football and basketball players any legitimate amount of money will never happen so long as Title IX exists.
Posted on 9/29/17 at 6:59 am to Farmer1906
quote:The first thing you learn in Governmental Accounting is "if you don't operate your non-profit as though it was, you won't be in business very long." More athletic departments than not are subsidized by the school they represent. Not every college is as fortunate as A&M and bring in $190mm in revenue.
Athletic departments are not for profit. They don’t live in the black because they’re not trying to make money. They spend it on facility upgrades, a 4th alternative uniform, a trip to Europe, give it to the school, and other non necessary stuff.
This post was edited on 9/29/17 at 7:17 am
Posted on 9/29/17 at 7:00 am to bamaoldtimer
If you paid football players, you'd have to pay all college athletes the same. How long would it take for that provision to be added to Title IX? The gender wage gap (that doesn't actually exist but is accepted as true anyway) would never allow it. THEN, it couldn't be just a few colleges, it would have to be all of them. The vast majority of football programs have higher expenses than revenues but even if they did turn a "profit", it wouldn't be anywhere near enough to subsidize other the other sports...thus, that $ has to come from somewhere. Guess who and how. The general student body's tuition would skyrocket...it is already stupid high...but would skyrocket so we could give cash money to students that ARE ALREADY ATTENDING SCHOOL AT NO COST. It's not only entirely impractical and mathematically impossible, it's immoral. It's like raising taxes on the middle class to give the rich a tax cut and the poor a free ride.
Posted on 9/29/17 at 7:07 am to bamaoldtimer
If so, they should have to pay for all their other stuff, i.e., housing, food, medical, uniforms, books, tuition, ...
Title IX would likely require athletes in all sports to be paid the same too.
Title IX would likely require athletes in all sports to be paid the same too.
Posted on 9/29/17 at 7:11 am to Crimson Wraith
quote:
Title IX would likely require athletes in all sports to be paid the same too
That is exactly right. Not possible without massive tuition increases across the board that would be overwhelmingly unpopular. There is not a logical argument for this when you zoom out and look at the big picture.
Posted on 9/29/17 at 7:34 am to bamaoldtimer
College athletes are wealthy. It varies from program to program, but as a D1 athlete most are able to borrow their school's brand to help build their own personal brand. They can use this as leverage in various opportunities after ball...a major advantage over normal students. On top of that they have access to career and personal development resources provided by athletic departments. I'm not even going to mention scholarships. Sometimes I wonder if these kids know how fortunate they are.
This post was edited on 9/29/17 at 7:44 am
Posted on 9/29/17 at 7:44 am to Farmer1906
quote:
facility upgrades,
Because that's completely unnecessary
quote:
a 4th alternative uniform
Yeah that extra set of uniforms is really hurting that bottom line....
quote:
a trip to Europe,
I dont even know what you're referring to here. Do a lot of athletic departments go to Europe?
quote:
give it to the school
Those greedy pigs
Posted on 9/29/17 at 7:46 am to DonaldDuckworth
I'm getting tired of this kind of thing.
Not because of the concept of paying players. Lot of things about that would lead to a situation even more FUBAR than what we have now.
My point is that virtually all schools lose money on sports programs, including both basketball AND football.
Only about 20 Div I football teams, max, get positive revenue from football. The number may actually be as low as 10 though.
This is not some endless stream of revenue that the players are being denied a chunk of. The finances of most schools would immediately improve if they dropped all athletic programs.
That said, the way college football is now, it really is a full time job for these kids.
Very soon (meaning just a couple of years), the current environment is going to change. Regardless of national anthems and knees, football is declining in popularity with younger people. Some of them become fans, but more and more just don't care at all, and never will.
Cord cutting is real. ESPN is going to become unprofitable in the next few years. And they have been the driving force behind all these TV contracts which is where the revenue comes from.
Anyway, my two cents. I've put up links on this board. Whatever. You can find your own sources to read. But I stand behind what I've written.
Not a green eyeshade man, but the TV contracts are the only thing keeping this house of cards even remotely stable.
Disney owning ESPN is the only wildcard in this whole thing. If you read one day about how ESPN is being spun off into it's own thing, I'd say the handwriting is on the wall.
Not because of the concept of paying players. Lot of things about that would lead to a situation even more FUBAR than what we have now.
My point is that virtually all schools lose money on sports programs, including both basketball AND football.
Only about 20 Div I football teams, max, get positive revenue from football. The number may actually be as low as 10 though.
This is not some endless stream of revenue that the players are being denied a chunk of. The finances of most schools would immediately improve if they dropped all athletic programs.
That said, the way college football is now, it really is a full time job for these kids.
Very soon (meaning just a couple of years), the current environment is going to change. Regardless of national anthems and knees, football is declining in popularity with younger people. Some of them become fans, but more and more just don't care at all, and never will.
Cord cutting is real. ESPN is going to become unprofitable in the next few years. And they have been the driving force behind all these TV contracts which is where the revenue comes from.
Anyway, my two cents. I've put up links on this board. Whatever. You can find your own sources to read. But I stand behind what I've written.
Not a green eyeshade man, but the TV contracts are the only thing keeping this house of cards even remotely stable.
Disney owning ESPN is the only wildcard in this whole thing. If you read one day about how ESPN is being spun off into it's own thing, I'd say the handwriting is on the wall.
Posted on 9/29/17 at 7:48 am to bamaoldtimer
They get about 100k cut already. I'm still paying my student loans off for college. Plus what's a team like Vanderbilt going to do they can't afford this.
Posted on 9/29/17 at 7:48 am to Monticello
quote:
Title IX says no. Paying football and basketball players any legitimate amount of money will never happen so long as Title IX exists.
I believe a judge has said otherwise in this regards, FWIW.
The problem though would basically bankrupt all the other sports and force them into almost a club type format
Posted on 9/29/17 at 8:00 am to NYCAuburn
quote:
The problem though would basically bankrupt all the other sports and force them into almost a club type format
The other sports are already bankrupt. This just makes them Double Secret Bankrupt.
South Carolina participates in a sport called "Ladies Equestrian." Anyone really wanting to do a back of the envelope calculation of that?
On the other hand we also mind-bogglingly have a Women's Beach Volleyball team. I can actually see that being positive revenue, unless you feel like you have to build some kind of mini-stadium for it.
But a minimal setup thing, just a sand pit, and the fans have to bring their own chairs, that seems workable long term. Might even get a little TV money off it (SEC Network show that?).
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