#136
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Right now, the problem isn't just that the athletes are being exploited, but it's also that coaches and administrators are capturing excess rent as part of that exploitation. That's why the latter group fights so hard to stop the athlete from being paid, and that's why it's important for everyone that these markets be efficient.
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Instagram - DannAdore Bicycles |
#137
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Sports as a whole are losing money at University. Paying athletes does not solve the problem of foisting these extraordinary expenses onto the academic body. |
#138
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If you go to Dabo's church, it's a little bump in pay
The tv contract and other marketing endeavors are conveniently not included. The income is far more than $85 million. Fuzzy accounting, that might be just the gate income. That's a really low number Quote:
Last edited by peanutgallery; 06-22-2021 at 09:06 AM. |
#139
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Lots of thought provoking responses here. Good stuff.
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#140
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#141
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βIf this was the real world, the NCAA would be out of business. The only thing tethering it to any kind of logical business model is March Madness. Just don't deny the athletes their share while the association is taking in $1 billion per year.β
I donβt often agree with Dennis Dodd, and this statement if his has been obvious for a long time, but Iβm glad it is being said, again. |
#142
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1) there is a baseline level of expenditure on sports, think something like a DIII cross country team, creates opportunities for students, and has a budget comparable to what university might spend on other extracurriculars such as music or theater. This might show up as a "loss" but strikes me as appropriate expenditure of university funds. 2) there are some sports that can generate revenue in excess of their costs. This is particularly true in basketball where teams are small and so costs are (relatively) low. If a basketball team can regularly sell out an arena or sell TV rights, I don't see why that excess revenue shouldn't go to players, coaches, and administrators who make that happen. 3) many teams/sports have costs that are well above a baseline, and well in excess of the revenue they bring in. This is often true of football where costs can get out of hand pretty quickly (large teams, large coaching staffs, lots of travel), but it's also true for a lot of non-revenue sports at large football schools. I think you and I both agree that #3 should be cut. I just think there's still room for schools to lose money on #1, and for schools to make money and pay players on #2.
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Instagram - DannAdore Bicycles |
#143
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#144
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On #2, few schools generate enough revenue to pay overall expenses of the athletic program. Take U. Conn where the female basketball team wins the championship but runs at a loss compared to the male basketball team with revenues exceeding the cost. Shouldn't the boys team's excess revenue stream simply go to support the other sports programs, rather than pay the male basketball players? That is how I see it. Also, there is this bucket of revenue that is usually quite large that is not broken down. Some of those funds come from academic students, some from donors, etc. On #3, it isn't many but the vast majority of teams that operate at a loss. Few are profitable; yet, coaches earn 7 figure salaries (on the boys teams). Yes, they should be cut. Not fair to make academic students pay for that. |
#145
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Take the money you dump into sports, use it to educate whatever group of people you want to.
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please don't take anything I say personally, I am an idiot. |
#146
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Creative accounting, they all poor mouth. Part of the game
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#148
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Edit: Ya know, I was initially a little blown away by the crass commercialism in the link posted above. I don't get "Tick Toc." But the athletes don't need my suburban dad ass to "get them." They can't monetize me. But they can certainly monetize their thousands of followers. I can rail against the defiling of the sacred college "myth": a leafy place to study Proust, expose yourself to other ideas and cultures, form friendships and get laid. That's how it worked for me (Except for Proust. Never really got into him) And, certainly, that's the idealized image that administrators and coaches are hawking. But the athletes have a different take: you can have your sepia-infused pipe dream. Cuz we're getting paid. Last edited by XXtwindad; 07-01-2021 at 10:10 PM. |
#149
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Interesting read in the NYT. The floodgates have definitely opened. At least for a select few. And perhaps to the detriment of many other college athletes.
But still...why shouldn't those athletes monetize their "brands?" Blame the system. Not the athletes. https://www.nytimes.com/2023/01/24/m...t-athlete.html That changed on July 1, 2021. Following a Supreme Court decision against the N.C.A.A., the organization ended nearly all its restrictions on what athletes could earn from the use of their names, images and likenesses, an amorphous category that has become known as NIL. Overnight, those athletes could make deals with companies and endorse their products. They could even accept money from boosters β usually longtime donors, or local businessmen with ties to a university β in transactions that previously would have led to severe sanctions against their teams. Around the country, administrators were astonished by the abrupt reversal. βItβs not a hole in the dike,β is how Vince Ille, a senior associate athletic director under Cunningham, describes the N.C.A.A.βs change of course. βItβs the obliteration of the entire dam.β |
#150
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