Paid college athletes is all but here

[sheyduke]

Bill won’t even go in to effect until 2023. Which is the same year the NBA was talking about kids going out of high school to the league.

They can get paid off their likeliness and can’t attend say a Nike school and except an endorsement deal from say adidas.

My question is this. How do you punish the players who except the scholarship and the terms off it but begin missing practices to say do a photo shoot or a show in appearance?

It also allows for not so high profile college players to earn while using the university’s name.

I’m all for allowing kids to make money off their likeliness and memorabilia and things but this won’t work for every student athlete because say like Duke, a university that has many sports does this not have athletes throwing out the team concept for their own to generate more revenue for them selfs?

 

[dukedevilz]

So essentially donors could pony up and pay a kid to stay in school. "Hold my product and smile. Is $500,000 enough to keep you around for one more year?" This could get interesting. I'll be honest, if there was a way to keep Zion around for another year, I would gladly chip in a decent amount.

 

[sheyduke]

So essentially donors could pony up and pay a kid to stay in school. "Hold my product and smile. Is $500,000 enough to keep you around for one more year?" This could get interesting. I'll be honest, if there was a way to keep Zion around for another year, I would gladly chip in a decent amount.

No it only allows for certain things while keeping below the NCAA amateurism rule.
Example would be the Ohio state football players that got in trouble for selling their autographed jerseys. In Cali now they won’t. It’s not even off their potential earnings once they go to the league( even though I don’t see how a kid gets a shoe deal unless you factor in his league potential) it simply states like when Duke has the autograph signings for fans. Now they can profit off if Duke charges for attendance and for their autograph.

 

[TheDude1]

If a kid has been poor his whole life, what’s another 8 months.

That’s a very hard sentiment to get behind, especially as Duke men’s basketball made roughly $35 million last year, and when you consider that guys like Sean Dockery arent making millions for playing ball.

 

[Devilinside]

That’s a very hard sentiment to get behind, especially as Duke men’s basketball made roughly $35 million last year, and when you consider that guys like Sean Dockery arent making millions for playing ball.

That is pure BS. What use was made of the basketball money? Sean has a Duke education. Do not feel real sorry for him. Any consideration of the fabulous, society-benefitting projects that money was probably invested in? Keep viewing this issue through your rose-colored glasses. You could probably use a couple of years at Fuqua to figure this all out.

 

[Mac9192]

That’s a very hard sentiment to get behind, especially as Duke men’s basketball made roughly $35 million last year, and when you consider that guys like Sean Dockery arent making millions for playing ball.

I liked Sean. But it isn’t anyone’s fault that he’s not making money playing basketball. He was good enough to play at college, and if he listened to all those around him while there, then he had a chance to be successful. Success shouldn’t be defined by how high he could jump, how good he could shoot, or how many zeros are in his checking account.

It’s called life Dude. Marshall Plumlee is a perfect example. He will have a very good life, and a large part of that is due to his years at Duke, under K.

 

[hpnole]

It ought to be great for the other players on the team when one or two are making a lot of money and the rest are getting nothing. That should make for a harmonious team..

 

[Quavarius]

That is pure BS. What use was made of the basketball money? Sean has a Duke education. Do not feel real sorry for him. Any consideration of the fabulous, society-benefitting projects that money was probably invested in? Keep viewing this issue through your rose-colored glasses. You could probably use a couple of years at Fuqua to figure this all out.

Don’t feel sorry for Sean? Well I don’t feel sorry for the NCAA who are going to have to share their billions with the kids actually making them the money.

 

[hart2chesson]

It ought to be great for the other players on the team when one or two are making a lot of money and the rest are getting nothing. That should make for a harmonious team..

Nole you make a great point, about team chemistry in that sense.Certainly doesnt help. Also I agree with @skysdad per there will also be more $$$ no matter shelled out illegally if kids are paid in the legal sense....This also goes so far back. A few of my fellow OFCers will remember ex Clemson coach Tates Locke. He had center Tree Rollins who said every player on UNC during his time at Clemson was "taken care of" in a financial sense.

Finally I think @Mac9192 is correct about a Sean Dockery for instance. Although he didnt play in the NBA and make millions, there's so much prestige associated with a Duke degree, a student-athlete should be able to find success in corporate America...

OFC

 

[Quavarius]

It ought to be great for the other players on the team when one or two are making a lot of money and the rest are getting nothing. That should make for a harmonious team..

What about all of the guys that are on scholarship and the others who aren’t? Are they still not a team in that setting? Why haven’t we been fighting for EVERYONE to get a scholarship? Harmonious right?

 

[Quavarius]

I liked Sean. But it isn’t anyone’s fault that he’s not making money playing basketball. He was good enough to play at college, and if he listened to all those around him while there, then he had a chance to be successful. Success shouldn’t be defined by how high he could jump, how good he could shoot, or how many zeros are in his checking account.

It’s called life Dude. Marshall Plumlee is a perfect example. He will have a very good life, and a large part of that is due to his years at Duke, under K.

Glad you said that! Life isn’t fair. So the players that won’t get paid should realize this, right?

 

[Mac9192]

Glad you said that! Life isn’t fair. So the players that won’t get paid should realize this, right?

Look up the word Amateur.

I’m old school in this sense. We know the game is tainted, but the moment kids start getting paid in college, the game will never be the same. And I don’t think in a good way.

No surprise, but we just disagree.

 

[sheyduke]

The one good thing is the school itself will not be paying the athletes which will still keep intact the financial stability of scholarships available to kids.

I’m sorry but there are 12 players on men’s and women’s basketball teams, don’t know the exact on soccer and baseball and softball, volleyball, lacrosse football swim and others.

Your looking at only a handful seeing a good sum of money off their likeliness .

Don’t forget LeBron does have an issue with the NCAA going back to him coming out of high school he’s said as much even said as much in an interview after the law passed.

 

[TheDude1]

That is pure BS. What use was made of the basketball money? Sean has a Duke education. Do not feel real sorry for him. Any consideration of the fabulous, society-benefitting projects that money was probably invested in? Keep viewing this issue through your rose-colored glasses. You could probably use a couple of years at Fuqua to figure this all out.

This response is a jumbled mess. I will try to clump your points together into some sort of meaningful pattern.

I don’t know what the money is used for. While I am sure our basketball program does nice stuff (such as players going to Duke hospital and the like, which, by the by, they do not get paid for), I doubt it was invested in a bevy of fabulous, society-benefitting projects.

I don’t “feel bad” for Sean, but I think it is important to point out that not every player is just waiting eight months to suddenly become rich. Most guys are at massive money making programs for years, and most guys aren’t staring at NBA money when they are done, despite being partially responsible for the generation of millions (for Sean, you figure what... somewhere north of $120 million over four years?). I find it to be a bit unfair (not MASSIVELY unfair... I understand that they get a degree, and room and board, and so on) that someone can be an important part of a massive money generating venture (not to mention the value of Duke basketball in a PR sense) and yet, when the discussion of receiving any part of the fiscal pie comes up, the response is “Eh, you’ve been poor your whole life, what’s another year?” Seems to me there has to be a more considered, and considerate, solution.

Not sure if you understand what the term “rose colored glasses” mean, because it doesn’t really apply to this situation, where there is a discussion of the possibility of people partially responsible for generating a lot of money getting some partial financial compensation.

I’m not sure what the Fuqua comment means. What... I would have learned about all of those multi billion dollar industries where the primary generators of income don’t get paid? Or I would have learned that there is no way to ever take a multi billion dollar industry and figure out a way to divide up the profits in a different way? I don’t think either of these would have happened.

And I think my four years at Trinity gave me enough education, sense, and ability to form a coherent point to get me through this forum discussion. You, on the other hand... maybe you could do four years there? It might help.

 

[TheDude1]

I liked Sean. But it isn’t anyone’s fault that he’s not making money playing basketball. He was good enough to play at college, and if he listened to all those around him while there, then he had a chance to be successful. Success shouldn’t be defined by how high he could jump, how good he could shoot, or how many zeros are in his checking account.

It’s called life Dude. Marshall Plumlee is a perfect example. He will have a very good life, and a large part of that is due to his years at Duke, under K.

Eh... this might be the only example of “life” I can think of where someone can be on TV every few days, can be an integral part of making $30 million+ in profits, but then not see a dollar of it.

In fact, I would argue that it is very much OUTSIDE of our normal life experiences.

Listen, I’m not saying I know how to handle it, or what the solution is, or that I foresee all the problems that might arise. I’m not even saying I necessarily agree with it.

But in the end, we are talking about a system in which young people playing sports generate literally billions and billions of dollars for the NCAA and for the universities and for the sneaker companies and for the apparel companies, yet they don’t see a dime of it (unless, of course, they break the rules, which they often do, enabled by said sneaker companies and apparel companies and all the other people who make tons of dough because of them.)

I’d prefer a system get hammered out that can share SOME part of this multi billion dollar pie with the kids who are mainly responsible for its generation, who spent hours and hours a day for years training and traveling and competing to develop the skills necessary to get to the point they are competing at that level and enabling that generation of profit, a system which might even help get rid of the underhanded stuff we all know is happening, despite our hopes for a truly amateur experience.

It might be hard to figure out exactly how to do it, but there are a lot of smart people who can help, including guys like Coach K, and in the end I think that we could find SOME system that will work for everyone involved.






Plus, and this cannot be emphasized enough: college basketball video game, goddammit!

 

[TheDude1]

Btw, not that the numbers or math here is exact, but just for the sake of perspective...

Let’s say the basketball season is from October to March. Duke men's basketball made $35,000,000 last year, so figure about $5,833,333.00 a month.

If you paid each of the fourteen Duke players $5,000 a month (which could very much be life changing, able to take care of a parents rent or whatever) that would be $70,000 a month, which would still leave Duke with $5,763,333 a month.

Now obviously this is just a perspective-building exercise that doesn’t take into account schools that generate less profit or whathaveyou, but when you look at it like that... that’s pretty amazing.

 

[sheyduke]

Btw, not that the numbers or math here is exact, but just for the sake of perspective...

Let’s say the basketball season is from October to March. Duke made $35,000,000 last year, so figure about $5,833,333.00 a month.

If you paid each of the fourteen Duke players $5,000 a month (which could very much be life changing, able to take care of a parents rent or whatever) that would be $70,000 a month, which would still leave Duke with $5,763,333 a month.

Now obviously this is just a perspective-building exercise that doesn’t take into account schools that generate less profit or whathaveyou, but when you look at it like that... that’s pretty amazing.

Never really ever seen the break down but that’s very interesting. There are 12 scholarship players on the team so you would have to factor in the cost of the scholarship and coaches salary as well into the top figure you show I would think and recruiting travel allotment. I wonder how much of that figure stays within the MBB program and what percentage is spread out through the rest of the college sports programs.

I don’t see the need in paying five thousand a month seeing as how the main argument is they can’t afford a pizza or electronic equipment and so fourth. I would also think you factor in the months where that athletic program isn’t training or playing. Also after a certain pay doesn’t that knock students out of finical aide? It’s interesting to say the least.

 

[TheDude1]

Never really ever seen the break down but that’s very interesting. There are 12 scholarship players on the team so you would have to factor in the cost of the scholarship and coaches salary as well into the top figure you show I would think and recruiting travel allotment. I wonder how much of that figure stays within the MBB program and what percentage is spread out through the rest of the college sports programs.

I don’t see the need in paying five thousand a month seeing as how the main argument is they can’t afford a pizza or electronic equipment and so fourth. I would also think you factor in the months where that athletic program isn’t training or playing. Also after a certain pay doesn’t that knock students out of finical aide? It’s interesting to say the least.

Oh, for sure, this is the fuzziest math that can exist I have NO idea what the operating costs are... for the coaching staff, for the equipment staff, what share they contribute to the Duke medical staff (or however that works)... that's obviously a big part of it. I don't know if the profits from basketball are kept within basketball, or the athletic department, or if they spread beyond. And yes, obviously you can argue that it should be a twelve month thing (although that won't change the overall numbers.)

Five thousand dollars was really just a random number that put what they would make on par with a decent job. But I think it sort of does that minimum job of driving home the point, you know? Like... that's a LOT of money, and unless someone is looking to give the players tens or hundreds of thousands of dollars or more, I would have to imagine the system can take the strain, you know?

As for the argument, I don't know if it is just about affording pizza, as much as a few soundbites from athletes have been about food on campus. I think in some ways it comes down to capitalism... if you are a key part in generating profit, why should you not see a share of it? And my guess is that plenty of guys would use the money for more important things... Elton and Zion, twenty years apart, both mentioned their family situations, and this is a frequently-mentioned issue, which is no surprise given the demographics of basketball.

Who knows. As you said, it is really interesting issue. I am sure there is a LOT to it that we aren't even considering.

 

[sheyduke]

I agree Dude1. I do think there is a respectable amount of players who seek to help their families which actually is lost in today’s youth.

Like I said, I expect it to change from state to state but in the case of California. The bill doesn’t go in to effect until 2023 so it will be interesting to see how much the level of competition increases going forward given that’s also the year the league is trying to let kids come straight out of high school again.

 

[Quavarius]

Look up the word Amateur.

I’m old school in this sense. We know the game is tainted, but the moment kids start getting paid in college, the game will never be the same. And I don’t think in a good way.

No surprise, but we just disagree.

So you just said YOU know the game is tainted. It was tainted in the 50’s, 60’s etc. The only difference is the billions involved with the sports. The game survived ALL of the cheating scandals from the past, old school. Paying players isn’t going to change anything.

 

[Quavarius]

How come NO ONE has any issues with EVERYONE else benefitting from the billions of dollars made by the NCAA but seem to when it comes to sharing a small % with the players? Especially when EVERYONE knows players are already getting paid under the table? Why do YOU not want to make it within the rules to allow *some* players to benefit from their likeness when EVERYONE else is benefitting from their likeness?

 

[Quavarius]

You can’t say Brennan Besser and Mike Buckmire will not feel apart of the team if Zion was making money and they weren’t because I didn’t hear anyone fighting for those players to play more minutes during the season. Where was the fight for fairness then? Why didn’t Zion share his minutes with Brennan and Mike? That wasn’t fair that they didn’t get to play just as many minutes as Zion.

 

[nets on nets on nets]

How come NO ONE has any issues with EVERYONE else benefitting from the billions of dollars made by the NCAA but seem to when it comes to sharing a small % with the players? Especially when EVERYONE knows players are already getting paid under the table? Why do YOU not want to make it within the rules to allow *some* players to benefit from their likeness when EVERYONE else is benefitting from their likeness?

I’m right there with ya man. Changes are gonna happen sooner rather than later for the best, those that wish everything was just how it was 30 years ago are just gonna have to deal with it.

I feel like people who are against all of this have much bigger worries, such as making sure everyone stays off of their lawn.

 

[nets on nets on nets]

You can’t say Brennan Besser and Mike Buckmire will not feel apart of the team if Zion was making money and they weren’t because I didn’t hear anyone fighting for those players to play more minutes during the season. Where was the fight for fairness then? Why didn’t Zion share his minutes with Brennan and Mike? That wasn’t fair that they didn’t get to play just as many minutes as Zion.

Personally I think that it’s completely unfair Zion gets to play the whole game while Buckmire has to sit on the bench 40 minutes.
If they all deserve equal pay (nothing), than let’s make sure everyone gets at least 20 minutes a game! K needs to figure out these new rotations.

 

[Quavarius]

I’m right there with ya man. Changes are gonna happen sooner rather than later for the best, those that wish everything was just how it was 30 years ago are just gonna have to deal with it.

I feel like people who are against all of this have much bigger worries, such as making sure everyone stays off of their lawn.

Trying to like this 1,000 times

 

[Quavarius]

Personally I think that it’s completely unfair Zion gets to play the whole game while Buckmire has to sit on the bench 40 minutes.
If they all deserve equal pay (nothing), than let’s make sure everyone gets at least 20 minutes a game! K needs to figure out these new rotations.

I mean, Besser was the best FT shooter on the team last year. He and Buckmire would have led us to the Final Four had K played them more! We didn’t make the FF because K wasn’t fair with playing the players equally.

 

[denverexpat]

Revenues from all sports are pooled and shared at the Athletic and Academic levels throughout the University...thats standard practice at most NCAA schools, so smaller sports and depts can be funded. So, not all basketball revenue stays basketball revenue, its distributed. Either way, this wont change...the revenue being discussed from this law will be to the individual so status quo re basketball income.

 

[mo.st.dukie]

Btw, not that the numbers or math here is exact, but just for the sake of perspective...

Let’s say the basketball season is from October to March. Duke made $35,000,000 last year, so figure about $5,833,333.00 a month.

If you paid each of the fourteen Duke players $5,000 a month (which could very much be life changing, able to take care of a parents rent or whatever) that would be $70,000 a month, which would still leave Duke with $5,763,333 a month.

Now obviously this is just a perspective-building exercise that doesn’t take into account schools that generate less profit or whathaveyou, but when you look at it like that... that’s pretty amazing.

I would imagine revenue is already being allocated to pay staff, maintain facilities, improve facilities, build new facilities, purchase and maintain training equipment (Duke basketball has some very advanced training facilities), as well as funding other athletic programs in the athletic department. They aren't just swimming in $35 million of profit. It's expensive to run a modern day, Division 1 college athletics department if you want to be able to compete at a high level. So of course you could make a line item in the budget for college basketball players to be paid, it's just that it's going to be taken out of some other line item budget. And then you get into a lot of other discussions about paying other athletes on campus. If the money to pay an athlete is coming from the school it's hard to imagine them not paying all other athletes at the school. It's not the field hockey player's fault that the American public at large doesn't watch the sport, they still put in the time to compete and represent the school.

 

[timo0402]

I would imagine revenue is already being allocated to pay staff, maintain facilities, improve facilities, build new facilities, purchase and maintain training equipment (Duke basketball has some very advanced training facilities), as well as funding other athletic programs in the athletic department. They aren't just swimming in $35 million of profit. It's expensive to run a modern day, Division 1 college athletics department if you want to be able to compete at a high level. So of course you could make a line item in the budget for college basketball players to be paid, it's just that it's going to be taken out of some other line item budget. And then you get into a lot of other discussions about paying other athletes on campus. If the money to pay an athlete is coming from the school it's hard to imagine them not paying all other athletes at the school. It's not the field hockey player's fault that the American public at large doesn't watch the sport, they still put in the time to compete and represent the school.

I agree with this. While I’m all for paying guys i need to see exactly how they plan on executing this because there are way too many obstacles in the way if you’re simply telling the school, ok you are responsible. I could see entire programs being cut because of it. Which to be fair, i mean it’s a dog eat dog world so if that’s the route the want to go so be it.

Here’s another thing that i haven’t seen mentioned. Zion entered Duke with about a million Instagram followers- he left Duke with well over 2.5 and now has north of 4. While all of that isn’t attributed to Duke, duke certainly acted as a hell of a marketing company for him. They do for all of their top players. Duke Basketball is the most followed program in all of collegiate sports, and ahead of nearly all professional sports franchises. These kids absolutely are using duke as much as duke is using them. It’s a two way street. So while I’m all about allowing the Zions of the world to cash in on their likeness let’s not be head in the sand guy here and act as if they aren’t getting a TONNNNN of free marketing that only enhances their brand.

As for the Sean Dockery mention- not sure i totally get it. Not everyone is destined to go to the NBA but that doesn’t mean that they A. Aren’t bringing in monetary value for the program and B. Can’t go play elsewhere- some of which can be attributed to being featured on the Duke platform. Again there are many ways to cash in after Duke playing days are over.

Also, spare me the Duke degree is worth “X”talk. When you’re a top flight d1 athlete, the degree is pretty irrelevant. You’re placed in opportunities, mostly throughout the game of basketball, to have a successful comfortable life. It’s another huge advantage of attending Duke. Dockery is super successful using his network and duke backing running leagues and camps and teams all over Chicago if I’m not mistaken. It’s not like he’s interviewing for Jobs like normal recent grads who actually do need to fall back on, yes my degree is from duke to get an edge over the competition.

Bottom line, i don’t think the schools should be paying the players. Big time programs are used to essentially fund not only every other athletic program the school offers, but they employ so many people because of it. The NCAA needs to find a way to partner with big time companies like Nike, UA, EA sports or whoever game company makes these college hoops games, etc. and figure out/facilitate ways for these guys who SHOULD be making money off their likeness, can get fairly compensated, without having to worry about title IX etc. which is my fear- we are opening Pandora’s box here. These kids should also be allowed to have agents.

Either way, no matter what happens, how it happens, shady back door dealings will still be happening much as they have for the last 80 years in college hoops.

 

[sheyduke]

The only problem I have with player X making more then player Y , if colleges decide to pay players( which in this case it’s not the players are basically making money off their own fan appeal) is that when it comes down to it go to the league and be done with it. There are plenty of kids today that wouldn’t mind a debt free ride on college.

So now if someone wants to stand in line to pay say Zion forty dollars for five autographed Duke shirts he got for free from the university I don’t have no problems with that especially seeing as Zion and a handful more didn’t need to be in college to begin with. If I’m on the bench as a walk on I’m not gonna lie I’m getting close to these star players because by the new rule I’m allowed to use them and the university to make me a little side money as well .

 

[Devilinside]

This response is a jumbled mess. I will try to clump your points together into some sort of meaningful pattern.

I don’t know what the money is used for. While I am sure our basketball program does nice stuff (such as players going to Duke hospital and the like, which, by the by, they do not get paid for), I doubt it was invested in a bevy of fabulous, society-benefitting projects.

I don’t “feel bad” for Sean, but I think it is important to point out that not every player is just waiting eight months to suddenly become rich. Most guys are at massive money making programs for years, and most guys aren’t staring at NBA money when they are done, despite being partially responsible for the generation of millions (for Sean, you figure what... somewhere north of $120 million over four years?). I find it to be a bit unfair (not MASSIVELY unfair... I understand that they get a degree, and room and board, and so on) that someone can be an important part of a massive money generating venture (not to mention the value of Duke basketball in a PR sense) and yet, when the discussion of receiving any part of the fiscal pie comes up, the response is “Eh, you’ve been poor your whole life, what’s another year?” Seems to me there has to be a more considered, and considerate, solution.

Not sure if you understand what the term “rose colored glasses” mean, because it doesn’t really apply to this situation, where there is a discussion of the possibility of people partially responsible for generating a lot of money getting some partial financial compensation.

I’m not sure what the Fuqua comment means. What... I would have learned about all of those multi billion dollar industries where the primary generators of income don’t get paid? Or I would have learned that there is no way to ever take a multi billion dollar industry and figure out a way to divide up the profits in a different way? I don’t think either of these would have happened.

And I think my four years at Trinity gave me enough education, sense, and ability to form a coherent point to get me through this forum discussion. You, on the other hand... maybe you could do four years there. It might help.

I too have an undergraduate degree from Trinity together with a graduate degree from another school. They have helped me understand basic economic principles, but the fact that I have those degrees does not entitle me to more credibility then anyone else. I have taken a plethora of economics and accounting courses and have run a business. How about you?

 

[timo0402]

Edit- just listened to Joel Klatt explain what the law is. The schools wouldn’t be paying, neither would the NCAA, or would just be allowing corporations to sponsor/pay kids. Which is how it should be- again, they should be allowed to have agents. But they need to figure it out. Figure out how to make it work.

 

[tarheel0910]

I read on Twitter that South Carolina is about to petition this exact same thing along with New York.

North Carolina as well, which is why the NCAA is going to allow this. There is exactly zero chance they tell UNC basketball, duke basketball and Clemson football they can't play in the postseason.

Only a tiny chunk of athletes will profit off of this. This does not mean that all athletes will be paid, probably like 0.1% of college athletes.

I think it will actually be most of the athletes. Someone like Zion could have made at least six figures, but someone like Luke Maye would have been able to sign a deal with a local business and make a little money because of local fame.

 

[timo0402]

North Carolina as well, which is why the NCAA is going to allow this. There is exactly zero chance they tell UNC basketball, duke basketball and Clemson football they can't play in the postseason.


I think it will actually be most of the athletes. Someone like Zion could have made at least six figures, but someone like Luke Maye would have been able to sign a deal with a local business and make a little money because of local fame.

See i think the local business thing is where it could get really dicey. But then again, i guess if you’re allowing it for top guys nationwide, might as well let local companies as well. These are all things that need to get ironed out.

 

[tarheel0910]

I doubt most of you guys care what I have to say as a UNC fan, but here's a hypothetical on how this could be set up to be as "fair" as possible, benefit a lot of people and address some of the potential problems some of you have mentioned.

1. No contracts signed until the athlete enrolls in school.

2. Sponsors aren't allowed to advocate for a specific school. Any company who violates this rule is ineligible to sponsor any athlete for 5 years.

3. No sponsorships from boosters are allowed. All contracts will be vetted by a third party to make sure no booster money is used either directly or via a middle man.

4. All money will go to a pot for that team and be distributed equally among each player on the team.

5. The sponsor will have to pay an additional 10% of the contract value that will go to a general fund to be used for the "non-revenue" sports.

6. Funds won't be paid out until the end of the school year.

This wouldn't solve or prevent every issue, but I think it's better than the current system.

 

[hpnole]

Btw, not that the numbers or math here is exact, but just for the sake of perspective...

Let’s say the basketball season is from October to March. Duke made $35,000,000 last year, so figure about $5,833,333.00 a month.

If you paid each of the fourteen Duke players $5,000 a month (which could very much be life changing, able to take care of a parents rent or whatever) that would be $70,000 a month, which would still leave Duke with $5,763,333 a month.

Now obviously this is just a perspective-building exercise that doesn’t take into account schools that generate less profit or whathaveyou, but when you look at it like that... that’s pretty amazing.

you know, I like this better than what is about to come down. NCAA would have to really police this so that Duke didn't pay each player 5k while KY and Tarhole Tech, payed 10k. At least this would be fair. Problem is, a lot of small schools would not be able to pay players.

 

[TheDude1]

I would imagine revenue is already being allocated to pay staff, maintain facilities, improve facilities, build new facilities, purchase and maintain training equipment (Duke basketball has some very advanced training facilities), as well as funding other athletic programs in the athletic department. They aren't just swimming in $35 million of profit. It's expensive to run a modern day, Division 1 college athletics department if you want to be able to compete at a high level. So of course you could make a line item in the budget for college basketball players to be paid, it's just that it's going to be taken out of some other line item budget. And then you get into a lot of other discussions about paying other athletes on campus. If the money to pay an athlete is coming from the school it's hard to imagine them not paying all other athletes at the school. It's not the field hockey player's fault that the American public at large doesn't watch the sport, they still put in the time to compete and represent the school.

Agree on all of it; there is a LOT to sort out. I trust that the people involved will figure it out, and I suspect it will be in such a way that athletes get at least a portion of the money they generate, all while having minimal serious impact on the larger institutions.

I too have an undergraduate degree from Trinity together with a graduate degree from another school. They have helped me understand basic economic principles, but the fact that I have those degrees does not entitle me to more credibility then anyone else. I have taken a plethora of economics and accounting courses and have run a business. How about you?

Post-Duke/pre-Columbia I worked specifically in sports, negotiating millions of dollars of salaries and benefits for athletes as a player agent, and then did it again from the other side, as the GM of several minor league sports teams, along with managing things like athlete health care, housing, stipends, equipment, and so on and so forth, and their associated costs.

And neither those experiences, nor any classes I took, nor any other experience in my life has caused me to look at a system that generates...

* a billion dollars for the NCAA
* ten billion dollars plus for the member universities
* tens of billions of dollars for the shoe companies
* and even money once the players leave the universities (*cough cough Zion*)

... and draw the conclusion that there is no way that players can receive some compensation for their contributions to said profits, and certainly not to the point where I would say such an idea is BS and suggest that a person believing that needs business school to "get it."

 

[TheDude1]

you know, I like this better than what is about to come down. NCAA would have to really police this so that Duke didn't pay each player 5k while KY and Tarhole Tech, payed 10k. At least this would be fair. Problem is, a lot of small schools would not be able to pay players.

Yeah, I wasn't really proposing anything... just throwing out some numbers to put it in perspective. Unfortunately the vast major of athletes, and the vast majority of schools, don't generate Duke/Zion income. The idea that the money will come from sponsors and the like is far more reasonable... if you, as an athlete, generate income, then you get a share of it. But as some folks have mentioned, a lot of oversight will be necessary to avoid cheating... which frankly already happens so much.

Not sure how they could create a system that would do away with payoffs for players... with the amount of money that is floating around, it just seems impossible.





Oh, and one last time, for emphasis:

 

[lurkeraspect84]

This won’t be just a California thing. Other States will soon follow!

I'm just lurking, but Florida,Kentucky, Ohio are drafting bills. IIRC New York and I read somewhere N.Carolina is soon to follow. I have a feeling blue blood states aren't going to be left behind. One point to point out, the California bill won't take effect until 2023. Florida's, if passed, will go into effect next July.

 

[timo0402]

I'm just lurking, but Florida,Kentucky, Ohio are drafting bills. IIRC New York and I read somewhere N.Carolina is soon to follow. I have a feeling blue blood states aren't going to be left behind. One point to point out, the California bill won't take effect until 2023. Florida's, if passed, will go into effect next July.

To add, it wouldn’t be the schools paying the players, it would be outside organizations or the ncaa. Things they need to iron out. I agree with your take above about how to police the schools doing it.