For a young person it’s like legal stealing.Coaching is definitely a young man's game these days. I doubt any coaches are going to last over 10 years under the current structure with NIL and the Portal.
i agree. have never been sad when a coach is fired because they still get paid their contract or buyout. jimbo fisher living off $76,000,000 not a bad way to get firedFor a young person it’s like legal stealing.
Sign for 2-3 million, invest wisely, and be set for life, win or lose.
No downside IMO
Because Universities were/are raking in millions to billions using a business model they created with other corporations like NIKE, Addidas, TV, Apple, McDonald's, etc and there's no way Universities are walking away from all that $.I don't get why Universities don't just say "we're amateur athletics, we're not paying you to play, if you don't want to come here and play for a free education then go do something else"
I'm no expert, but my understanding is Universities are non profit, so they aren't just bankrolling all the $$$$ Just about all P4 Universities have an athletic operating budget in excess of 100 million dollars, a lot of Universities operate in the red and require state funding or have to take out loans to stay afloat. Hell, according to the local finance expert (Zipp) UofL has had to take out loans recently..Because Universities were/are raking in millions to billions using a business model they created with other corporations like NIKE, Addidas, TV, Apple, McDonald's, etc and there's no way Universities are walking away from all that $.
It hasn't been amateur athletics for nearly 100 years not sure why fans think a business model churning out millions to billions is in any way amateur. They called it amateur in a con so they wouldn't have to share the $. Great deal, mgt takes 100% of the profits.
SCOTUS ruled Universities were constraining capitalism. The players are going to keep winning these lawsuits.
Because they (or more importantly their donors) want to win. I’m with you- I think the scandal in college athletics was the academic one, with kids taking minimum classes in cake majors just stay eligible, then leaving school with nothing. Colleges used these kids, then discarded them. Coaches used the kids and got rich. It’s just that they get paid, but there should be academic strings tied to the dollars, there should be a salary cap, and there should be contracts that prevent students from moving more freely than coaches.I don't get why Universities don't just say "we're amateur athletics, we're not paying you to play, if you don't want to come here and play for a free education then go do something else"
Except he’s making career decisions and players are suppose to be getting an education. I think one day they will start holding student athletes to the fire with grades and entry requirements and all this crap will end. Or fans will have enough and the house of cards collapses and the student athletes (Use that term loosely) have no where to go. The current system isn’t sustainable. Do I blame athletes? No, but it will collapseAfter making a Final 4 and having successfully at George Mason he chose to come to
Miami to do the same thing he’s mad at his players for doing after their Final 4 run. The hypocrisy is crazy 😂
non-profit simply means you keep all the money in house and pay management more thru raises. there are ways around everything. these "non-profit" bring in billions of donations and research grants and they use that to pay prof and deans millions to run the place. think of it this way, UK is a non profit that used to pay their bball head coach $8,750,000 salary. non profit just means profit doesn;t go into owners hands per se, but it gets spread around to all those at the top. and the underlings and workers still get shafted. my wife works it nortons, it's a non profit and all the tech workers, med staff, maintenance and cleanup and peons are all under hourly wage structured pay scale with no chance to increase pay whereas the entire management staff and doctors get uncapped salaries. docs makes jsut under $2MM and norton head makes about that much. nonprofits use the workers to keep a strict handle on costs by restricting their pay and all the extra profit goes back to management for keeping costs down by screwing the workers. so again, non profits are simply a way to keep worker wages in check while management gets the bonuses by doing so. you can scam any system you want to and the universities, and especially any republican or mormon lead company will do eveyrthing they can to screw the worker over.I'm no expert, but my understanding is Universities are non profit, so they aren't just bankrolling all the $$$$ Just about all P4 Universities have an athletic operating budget in excess of 100 million dollars, a lot of Universities operate in the red and require state funding or have to take out loans to stay afloat. Hell, according to the local finance expert (Zipp) UofL has had to take out loans recently..
This current model is not sustainable. Universities do not exist for their athletic department. They are learning institutions period.. More college students have benefitted from an education as a result of playing sports than have benefitted from playing sports and going pro, and that's not even close.. There used to be a commercial during the NCAA tournament that said less than 2 percent of all athletes go pro in sports, that means 98% should benefit from an education and I'd be willing to bet a large sum of money that at least 50% of the kids that benefit from an education would never had gotten a college education if not for sports..
I just get tired of people sht'n on a college education in exchange for playing sports. If people think being a university is a great way to make money on athletics, go out and start one.
I don't care about any of that and the majority fans don't either.. Whether there's been under the table payments in the past when it was against the rules doesn't matter, some schools chose to take a "business risk" You and GlassmanJ act like universities are just ran over with billions of dollars. That's just not true. UofL's total endowment is less than a billion. Our athletics run in the red and have for several years. The current NIL and Portal rules are ruining all college sports.I wouldn't bet on a multi-billion $ industry collapsing.
Seeing some talk about education. Never saw any of that prior to players winning NIL and portal. Nobody cared about Denny's grad rates except for media trying to bring him down. His new employer and a few fans started to pretend to care about education when his wins dried up. Nobody cares about whoever is doing whatever in Chem class or English Lit. We can't remember Gorgui's major most probably didn't know it but they know he learned how to nail that elbow 15-foot J.
UNC ran fake classes for over a decade who are we kidding with this stuff.
Wayne was an honor student nobody cared. People bagged on him for not being as good as they thought he was going to be. Some still do. Not one time did anyone defend him using his educational accomplishments.
Fans just want their wins. Our program was so good we actually were able to split hairs and argue about which ways we preferred to get those wins. Many fans used to whine about not pulling some of that elite OAD talent. They didn't talk about education then.
Some fans are looking to education as an admirable/noble cause talking point. Trying to tie that into this business model. Really reaching trying to connect those dots. Just has nothing to do with this business model you've witnessed your entire life.
This has been a business since the 50s there are billion $ TV contracts and million $ salaries for coaches. Many corporations have their hands all over this your entire lives and it's a well-known machine business model created by universities. Nobody cared about this cash cow flooding $ between corporations and upper management, but now some $ trickles down to players and all of the sudden this was supposed to be amateur.