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Interesting article on additional $$$$ for scholy athletes ... U of L 3rd

Pervis_Griffith

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May 29, 2001
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From the article:

The University of Tennessee and four other major-college athletics departments are set to offer players an additional $5,000 or more in scholarship assistance starting this fall, according to a Chronicle analysis of financial-aid allowances at the 65 wealthiest NCAA institutions. Ten other athletics programs have plans to distribute at least $4,000 more in aid.

The money, part of a new spending allowance approved in January by the five biggest conferences, allows Division I colleges to cover the full cost of players' scholarships. Previously, colleges could cover only the cost of a basic scholarship - tuition, fees, room and board, and books.

The change was designed to direct more money to players as television money has expanded. But disparities in what programs can offer has put new pressure on college budgets and altered the dynamics of recruiting.

Spending power among the five biggest conferences - the Atlantic Coast, Big Ten, Big 12, Pacific-12, and Southeastern - varies greatly.

Here are the schools:

1. Tennessee: $5,666 SEC
2. Auburn: $5,586 SEC
3. Louisville: $5,202 ACC
4. Mississippi State: $5,126 SEC
5. Texas Tech: $5,100 Big XII
6. Penn State: $4,788 B1G
7. TCU: $4,700 Big XII
8. Oklahoma: $4,614 Big XII
9. Oklahoma State: $4,560 Big XII
10. Ole Miss: $4,500 SEC
11. Wisconsin: $4,316 B1G
12. Texas: $4,310 Big XII
13. South Carolina: $4,151 SEC
14. Kansas State: $4,112 Big XII
15. Arkansas: $4,002 SEC



And by the way ... UK is only paying around $2300 out ...

I don't know how I feel about this. All I see is this getting abused in the future. But what do I know.



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Article linked ....
 
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