(12-18-2023 05:48 PM)ODU2017 Wrote: (12-18-2023 09:01 AM)Johnnychimpo Wrote: (12-18-2023 04:28 AM)ODU2017 Wrote: (12-18-2023 02:32 AM)arkstfan Wrote: Blame the Power 5.
When the money exploded they could have said, "Oh wow this is cool, now we can send money over to academics to fund scholarships, research, faculty salaries and things like that in recognition of the fact the university spent money to create these programs long ago."
They didn't. Two and a half decades ago we got our first million a year head coach. Even adjusted for inflation, every P5 coach makes double that or more, few make 5 times as much. Money got plowed into facilities.
With that gross and excessive spending it became obvious that intercollegiate athletics had a lot of money and they were spending it wildly, except on players. The schools when viewed through the lens of the Sherman Anti-trust Act had banded together conspired to limit compensation for players while spending freely on coaching salaries, and with construction companies and on various amenities to attract players. Coaches got what the market would pay while the players they could get a better training table and more coaches to push them to train even harder.
Hell players got an even worse deal. Instead of the really old days when they showed up a week or two before school and finished withe the season, we moved to arrive a month to five weeks before school and give us a month in the spring to today when a player is really only excused from campus for about four weeks total over the year, less if they play in a bowl after around December 21.
So they don't get to compete for wages but they do have to do as directed for 47-49 weeks a year or lose their spot.
Just a week or two ago Department of Justice got a verdict against major egg producers for fixing the price of eggs. Well that's not far removed from the reality that Alabama, Georgia, Michigan, USC all compete for the services of football players, except they have agreed to not compete based on compensation. Yeah we now have NIL but university funds aren't supposed to go to NIL, instead we have this ridiculous tip jar system of people paying money into collectives to fund "NIL".
Compensation doesn’t have to be complicated. Paid fellowships are already a thing. I see no reason why athletic scholarships could not be upgraded to athletic resident fellowships.
This is not a comparable situation. My buddy is an ER pulmonary lung doctor specialist. He did not get paid during medical school or during his residency at all. It wasn’t until his last 2 years of his fellowship that he got paid a meager 60-70K/yr to work up to 80 hr weeks and that came after being out of pocket 30-40k yr in tuition the previous 10 years of med/residency school along with 4 yrs of undergrad.
Now that he is almost 40 he is finally making around 500K and that’s only because he just made partner for his hospital. Despite that he still is around 200K in debt for school. Contrary to popular belief not all MDs are making a cool 2 mill yr like Netflix advertises.
What is not comparable is that there is a cartel of 350 member schools that collectively block the players and collude to fix their wages at zero. That doesn’t happen to MDs, artists or any other student fellow because it’s patently illegal. The best medical programs offer generous fellowships because they are competing with each other to attract the best. NCAA schools collectively earn $1 billion annually and then collude to not compete with each other on paid incentives to players. No other industry gets away with this practice.
One of my favorite rock bands started as a passion project by graduate music students. Imagine if some cartel of 350 music schools blocked them from performing or transferring while enrolled. Any school would want to have famous musicians. They compete for them. Schools obviously want athletes too. They should compete for them.
They don't fix their wages at anything. They are offered an athletics scholarship, stipends, and can make as much money related to football that they want. The schools payment is in the form of, oftentimes, out of state tuition. To state schools that may not be a huge amount but to places like Duke, Wake Forest, Vanderbilt, etc. that's $200,000 or more over four years. Assume someone is pre-med, that takes a ton of pressure off as an adult.
Even for a state school in NC, these kids are exiting school $70,000 to $100,000 ahead of other STUDENTS.
They are playing school ball. Why do the Universities, as non-profits, have to pay anything above the scholarships? It's not like the NFL where owners take profit from earnings. The schools reinvest to better the program and the university which is what makes college athletics different from professional leagues.
People also make the argument that it's for entertainment. For some that may be the case but, again, college athletics is about representing the school, the brand, the state, the region, and yourself. Programs typically have kids relatively local to them and are the pride of that area. In a vacuum, it's akin to a weekly battle between different localities but on a field. It's not like the professional leagues where's its just a corporate entity with next to no local ties other than where they play competing.
The motivation is different.
But again, let's not act like scholarships aren't compensation. If they want to admit they are, let us tax them.