Probably 99% of NCAA varsity sports do not generate revenue. Outside of football and very few basketball/baseball teams, the rest of the varsity sports lose money and have to be privately funded. If you now want all of those kids to be paid, those sports will go away.
It's amazing to me how many people don't understand how all this works.
lol that's not going to stop it... if two schools are offering the "max" for a specific player.. shit will be dirty to get that signature
i agree.. just because schools are getting the same cut in media revenue doesn't make schools equal. Schools rather let collectives take over and distance themselves from the university when it comes to the payout they receive from the conference
Again, of course it will. But then it's up to the NCAA to have some teeth. It's up to the Players Association to not allow it. That's all a choice. It's not like labor agreements are something new. It's not like management trying to cheat is something new. For that matter employees trying to cheat. You sound like you want everyone to throw up their hands and say we can't do anything. Well, once they have a CBA in place they can do something, and I believe everyone will want them to do so.
What I think you and the "they make no profit" people don't understand is that schools basically are designed to spend everything they get. They don't have to do that. They don't have to add the 69th assistant. They don't have to pay their HCs $10 million dollars. They can get rid of some admins. They can stop spending money on facilities on a grand scale. When they are required to pay the players, that expense will come first. Then all the other fluff won't get paid for. It's simply a matter of allocation.
Schools are not privately owned businesses and do not function even remotely similarly. My wife has worked in higher ed on the financial side for 18 years. Again, what you're suggesting is not reality. They can't just "cut assistants", they can't just "get rid of some admins", and they definitely can't stop spending money on facilities. The major sports are the very, very clear breadwinners. If you fall behind regarding facilities or coaches (btw, coaches aren't all magically going to agree to just take pay cuts), the donations are going to slow way down, and the smaller sports will be the first to go. Unless NIL is folded in under the university and functions as the way to compensate players, you will see athletic departments at nearly every school shrink substantially.
It's tenable to have them right now, and I'm sorry but getting a free college education and other perks for being a synchronized swimmer is more than enough payment. If it's about paying football players, I get it, but NIL seems to be doing a very good job of it. The rest of the athletes have not earned that money whatsoever, and the university is already in debt just having them enrolled on scholarship. You think they're going to also pay all these kids that are already costing them money? Not a chance.
You mean like club teams? If you're not a scholarship athlete, you're definitely not getting paid by the university so that's a moot point.
Just so we are on the same page I've been a CPA both in private and public accounting for over 30 years so there is absolutely nothing you can teach me about profit and loss.
Then it's good that the Athletic Department isn't the "schools." Athletic departments are run exactly like a business because it's a business. They can totally not hire as many assistant coaches, as much recruiting staff, not pay the HC $10 million, etc. If that affects recruiting, etc., tough. Everyone is going to have to pay the labor now so everyone will be facing the same challenges.
When you have been running an enterprise that has been and is going to be found to be illegal, you have to make tough choices. The one choice that won't be tough is that they will have to start paying the players. Period. Full stop. Crying poor won't cut it with the courts. The players are going to get paid directly by the schools. Once you realize that, you have to apply all the public accounting information you have developed over the years and decide where to cut in order to pay the players. Remember, "we can't afford to pay them" won't work.
Buddy you are preaching to the choir. Higher ed is a fucking racket. That said, I'm just telling you what's realistic. I don't disagree with what you're saying in theory, but in practice it's a very different story. Kudos to you for taking a paycut to bring on a new employee, also.
I do not have that percentage at the moment. The minimum is a free degree, free housing, free food, free swag, etc. which to my knowledge the majority of varsity athletes have (aside from walk-ons).
Your "realism" is going to be trumped by my "legalism." It's going to be found - really already has - that it is illegal to not pay the players.. Once that is established, it doesn't matter what is real, what matters is what is legal. "We can't afford it" won't work. I posted some numbers above. They will have to cut expenses somewhere to pay the players. There will not be a way to get around it.
Oh there will be. Schools will drop teams. The huge schools won't have this issue, but the Ball States and Middle Tennessees of the world will, and you can kiss goodbye a giant chunk of their athletic department. You can spout off about "leaglism" all you want, at the end of the day you aren't getting coaches to magically accept paycuts or stadiums to be cheaper to maintain. Sorry man, that's just reality.
That's not getting around it. That's adjusting the legality and taking the steps they have to take.
