NCAA read the writing on the wall

[Neutron Monster]

You or someone on here said they could make more working at McDonalds. If they turn that opportunity down then I guess its because they think the schollie is a better deal than working at McDonalds. Its a voluntary deal. They could skip college and go be a G-Man. Again, its a voluntary deal, they are in the driver's seat.
If anyone should be complaining its suckers like me that weren't good enough to get a D-1 offer. I didn't even get a chance to not volunteer.

It's fascinating to me that you seem to think that all that matters is you can take what is offered.

McDonalds has to compete when it sets pay. Same with IBM, etc. College athletics employers do not compete with each other. That is the problem with pretending the offer is fair. They are allowed to arbitrarily pretend that the price for the services they are buying is much lower than it should be given the demand for the product they are making.

In simple terms, I remain fascinated that people seem so cool with basically all of the money going to coaches and glorified bureaucrats instead of it going to the people you actually show up to watch.

It's not true competition for talent. No one is volunteering. They're being presented with a lousy choice because the government has decided that the limited supply of college football employers are allowed to act as a cartel.

 

[Neutron Monster]

What’s wrong with college athletes being able to market themselves and make the highest wage they can negotiate????

That’s kind of the premise that has made the USA the greatest country on Earth

Heck, it's the premise that has already made college football so powerful. The schools realized the customer base is ready and willing to pay for the product. It's on TV 3-4 nights a week and all day on Saturday. They can and do charge thousands of dollars per year for good seats.

 

[Blondee15]

Heck, it's the premise that has already made college football so powerful. The schools realized the customer base is ready and willing to pay for the product. It's on TV 3-4 nights a week and all day on Saturday. They can and do charge thousands of dollars per year for good seats.

If it was up to me I would do one of two things

Stop all sports scholarships and make players actually be “student athletes”

Or let players negotiate the highest salary they can for their services

 

[Mofan79]

You or someone on here said they could make more working at McDonalds. If they turn that opportunity down then I guess its because they think the schollie is a better deal than working at McDonalds. Its a voluntary deal. They could skip college and go be a G-Man. Again, its a voluntary deal, they are in the driver's seat.
If anyone should be complaining its suckers like me that weren't good enough to get a D-1 offer. I didn't even get a chance to not volunteer.

I was referring to an avg college athlete not d1 athletes in that post

 

[cru66]

What’s wrong with college athletes being able to market themselves and make the highest wage they can negotiate????

That’s kind of the premise that has made the USA the greatest country on Earth

i agree...the post wasnt referring to the getting screwed verbiage in the post i quoted

 

[Veerman_12]

Texas will turn blue in the next decade.
Go to a Walmart is Galveston. Not many pale faces.

That's racist.

 

[shoot90draw]

I can see this completely causing collegiate sports to disappear in America, We will end up like the European countries having athletes fighting for spots on Club teams that will then in turn finally give them a shot at the pros. I do not see the NCAA being able to control everything correctly.

And being from England, you know a thing or two about European countries!

 

[cru66]

underrated thread

 

[Duck_walk]

That's racist.

It is called changing demographics

 

[Mike*Honcho]

let me get my calculator out assuming there are 20,000 students enrolled across the college 3 million divided by that amount is 150 dollars a student over a 4 year career that is 600 dollars. 600 dollars compounded over 20 years (the average life of a student loan) assuming 8% interest is equivalent to 2796.57 dollars times 20000 students is 55931400 million I was off by about 9 million dollars which is a significant amount but hardly derails the point that a substantial amount of money could be saved by cutting coaches salaries... you're lucky I'm showing a movie today and have time do all this math haha

Student loan interest rates are well below 8%, especially for undergraduates, who obviously make up the majority of the student population. The current federal student loan rate is 4.53%.

Additionally, compound interest is only relevant in cases where the interest capitalizes and is added to the principal, like a savings account or a CD (or a loan when you are not making payments and not in deferment with subsidized loans).

But for loans, as long as the monthly payment is slightly higher than the monthly interest, the interest is paid off entirely each month (which means that there is no capitalized interest) and the principal decreases a little.

So, a $600 loan paid off over 20 years at 8% interest would require $1204.12 in total payments.

When you use the 4.53% interest rate, the total payment amount drops to $912.67.

But both of these total payment amounts also fail to take into account inflation. So the true amount paid back in 2019 dollars (or whatever year the loan was taken out) would be much lower.

By the way, I love the idea of cutting the head coach's salary and helping out the students.

 

[Veerman_12]

It is called changing demographics

So mexican means they must vote Democrat?

Sounds racist to me.

 

[Team Tiger]

If this is where we are going there needs to be some follow up changes. The schools sports need to be separated from the academics. No tuition money from any student should be used for athletics.

 

[Veerman_12]

The sky isn't falling, this doesn't sound like there will be "salaries', it just gives kids the OPPORTUNITY to cash in on their likeness, jersey sales, etc.

The backup punter will likely only be compensated for his likeness in video games or something. Who cares?

This will affect less than 10% of all college athletes.

 

[Local Expert]

How long before this all trickles down into "amateur" high school sports..
What's the argument gonna be when half your high school team hire
agents and move to private schools were rules don't matter and eventually
ruin high school sports also???

 

[Duck_walk]

This is rich coming from this guy. It’s fine for the coach, but we don’t want no black kids gettin all uppity. Good grief.

 

[bullitpdq68]

All I ask for Christmas is for the NCAA to Please outlaw Notre Dame's contract with NBC!!

 

[Duck_walk]

All I ask for Christmas is for the NCAA to Please outlaw Notre Dame's contract with NBC!!

how about they just abolish the university all together?

 

[MoSooner69]

how about they just abolish the university all together?

Best Duck Post EVER

 

[Neutron Monster]

If this is where we are going there needs to be some follow up changes. The schools sports need to be separated from the academics. No tuition money from any student should be used for athletics.

This is not where student money gets used for sports...the big schools largely pay their way. You could see some of the bottom of the P5 decide they can't play in this arms race, though (Indiana/Rutgers/Vandy type of schools.)

Where student money/subsidies really go are to non-economic sports at big school (do you think Mizzou volleyball is cash flow positive?) and to nearly all sports at lower tier schools.

 

[Neutron Monster]

How long before this all trickles down into "amateur" high school sports..
What's the argument gonna be when half your high school team hire
agents and move to private schools were rules don't matter and eventually
ruin high school sports also???

Have you heard of AAU basketball?

 

[Local Expert]

I guess you're okay with that?

 

[Neutron Monster]

I guess you're okay with that?

As long as there's money, someone is going to get paid

 

[Veerman_12]

As long as there's money, someone is going to get paid

As long as there are drugs someone is going to get high...

Who needs laws or rules?

 

[Neutron Monster]

As long as there are drugs someone is going to get high...

Who needs laws or rules?

There's a point at which you have to acknowledge that when there's a lot of money at stake, people are going to get paid.

There's not a lot of money in HS athletics, so there's not something material to worry about. But if ESPN turns the top 50 HS football programs into the next D-1 football, then the players are going to want their cut.

 

[Team Tiger]

This is not where student money gets used for sports...the big schools largely pay their way. You could see some of the bottom of the P5 decide they can't play in this arms race, though (Indiana/Rutgers/Vandy type of schools.)

Where student money/subsidies really go are to non-economic sports at big school (do you think Mizzou volleyball is cash flow positive?) and to nearly all sports at lower tier schools.

I'm know I rushed my post a little and unintentionally put everyone in the same box. I would venture to say 99% of college sports programs are not profitable. Probably every one of them outside the top football programs. My biggest issue with this is it benefits few. I would be much more in favor of something that will benefit all student athletes.

If a student chooses to go this route they should have to forfeit their scholarship. They should also have to pay a fee to use any facility not open to the general student body. Tax payers and other students should not have to subsidize someone who is using the schools facilities to make bank.

 

[Neutron Monster]

I'm know I rushed my post a little and unintentionally put everyone in the same box. I would venture to say 99% of college sports programs are not profitable. Probably every one of them outside the top football programs. My biggest issue with this is it benefits few. I would be much more in favor of something that will benefit all student athletes.

If a student chooses to go this route they should have to forfeit their scholarship. They should also have to pay a fee to use any facility not open to the general student body. Tax payers and other students should not have to subsidize someone who is using the schools facilities to make bank.

It benefits few because there's only a few athletes who make the money.

The latter idea ignores a few facts:

- People who go to college for free for non-athletic reasons would still be exempt from taxes. Football scholarships/the lack of tuition exist for the same reason, and I don't see how you tax one without taxing the other as long as the football players actually attend class. Colleges are allowed to charge as little for their services as they want to; that's a market choice that shouldn't be a tax issue.
- Schools would still be subsidized by the high level players being there. Taxpayers aren't paying for Mizzou football; donors and TV views are. The taxpayers are paying money for the money losing sports.
- Making players forfeit scholarships...why would they pay for school, then? Why not simply move to a model where they are employees of a minor league football team named the University of Missouri?
- Business expenses are generally not taxed to employees. When my employer puts a roof over my desk, I don't owe taxes on that. If they buy me lunch, I don't owe taxes on that. Attending college is really more like a business expense for a professional student athlete. Their employer is providing them with college in order to have them on their professional sports franchise. We even allow employers to provide employees with $5,250 per year in education benefits tax free to people who don't work for universities.