If assistant coaches

[upperdeck]

schools went a long time playing sports without scholarships to anyone and costs were kept pretty low too. then they got competitive then that model survived for yrs and then that escalated into coaches and faculties build ups. tax free 100K qand perks and an eduation is a pretty good deal

and the schools are not making billions, the industry spread over hundreds of schools and sports is..

companies make billions too but they dont pay everyone 200K..

 

[721Comstock]

There’s just too many problems with paying SAs like university employees. The biggest of them is Title IX

Oh, I know.

Just a thought experiment about how they could use their “earnings” to save for retirement.

NIL earnings would be taxable, earned income.
No reason they couldn’t open an IRA with some of that.

If they worked part-time jobs (on the books), that also could be saved for retirement.
But - most major programs prohibit athletes from working.

 

[xc84]

If my child is ever offered a full ride fir academics or a sport, she will be required to keep a certain GPA or practice/perform well. If that ever happens, I will not only be thrilled but I won’t hold out for cash.

 

[UpstateSM]

If my child is ever offered a full ride fir academics or a sport, she will be required to keep a certain GPA or practice/perform well. If that ever happens, I will not only be thrilled but I won’t hold out for cash.

Unless they start selling tickets to watch biology exams I don’t think you’ll have to worry about holding out for a payday if she gets an academic scholarship

 

[xc84]

Unless they start selling tickets to watch biology exams I don’t think you’ll have to worry about holding out for a payday if she gets an academic scholarship

What is she plays field hockey? Big ticket sales!

 

[CuseOnly]

If colleges didn't have D1 arms race, tuition cost would be halved, if not more

Also, if they would stop thinking that they are real estate and construction companies too, the cost to get that education would go from $50k a year to $15k a year.

Totally not true at all. Most D1 athletic programs are self sufficient, now some schools have an activity fee that partially goes to the AD bit it isnt anywhere near what you might think it is. Rutgers is the highest in the country Nd I think it is still sub 1k if I am not mistaken. Meaning cutting athletics will affect tuition about a thousand dollars. Nowhere near what you are thinking.

 

[sutomcat]

Because people are willing to pay for Ivies. They have no shortage of applicants and huge endowment.

My point is that there are lots of factors that go into determining tuition. The arms race for sports facilities is not the primary driving factor, and if it factors in at all, it does so in a very minor way.

 

[CuseOnly]

So basically, you're saying if you're already rich, you deserve to be rich and if you're not, it doesn't matter if you live comfortably or not?

I can't remember what the distribution of revenue is for the NBA, but the number 53% to the owners and 47% to the players sticks in my head. So owners are making OBSCENE money off of owning their clubs. Players are also making big money, but this is to correctly compensate their worth. Consumers shell out billions for pro sports, and they are paying to watch the players, not the owners. The money floating around is a result of the quality of the product - players deserve every dime they get and should get more.

Totally missing the point, I never ever said "deserve" to be rich. They will be wealthy no matter what happens regardless of anything. Whether they deserve it or not is irrelevant.

Without the owners putting up Billions with a capital B the players have nothing. That's an awful lot to risk especially when a lot of these families bought these franchises. Mortgage your house to start a league or business and tell me you dont want to earn a profit of what you risked.

Players get paid plenty and dont deserve more IMO, I think teachers, police officers, firefighters and military deserve more. Why arent you talking about them?

 

[sutomcat]

The second part of my comment. Building and buildings.

Plus Ivy's charge more for the name alone.

Your point is ridiculous. There are a lot of reasons why college tuition is out of control. The arms race for sports facilities is not a significant factor. You thinking it accounts for tripling tuition is one of the craziest things ever posted on these boards. Do you have any idea how much money comes from increasing tuition from 15K to 45K at a school that has a relatively small of enrollment of 20K?

$600 million annually.

So you are saying schools in this arms race are spending $600 million dollars annually on it?

That is insane.

 

[xc84]

My point is that there are lots of factors that go into determining tuition. The arms race for sports facilities is not the primary driving factor, and if it factors in at all, it does so in a very minor way.

My point is that Ivies charge what the market allows. Supply & demand. It is not high because sports generate relatively little revenue.

 

[CuseOnly]

Your point is ridiculous. There are a lot of reasons why college tuition is out of control. The arms race for sports facilities is not a significant factor. You thinking it accounts for tripling tuition is one of the craziest things ever posted on these boards. Do you have any idea how much money comes from increasing tuition from 15K to 45K at a school that has a relatively small of enrollment of 20K?

$600 million annually.

So you are saying schools in this arms race are spending $600 million dollars annually on it?

That is insane.

And mods on this board hink I'm nuts...

 

[rrlbees]

If an athletic department is in the black, it doesn’t impact tuition or anything else. If it’s in the red, it doesn’t either unless it’s a school like Rutgers that makes up the difference with other school or state money.

 

[FloridaFan]

If every school dropped all sports tomorrow, the schools will be just fine and survive and it really wont impact them all that much. They are Billiom dollar organizations after all.

Schools can survive without sports and the kids that play them. Most programs arent profitable anyhow, they just pump money back into the programs and facilities.

Without sports, no facilities needed, problem solved.

Of course that also means about 350 kids per school that wont get scholarships or aid for athletics.

This argument reminds me of the minimum wage increase in NY. People and Cuome pushed for it and the results have not been favorable. Resulted in more firings than they could have imagined. NY says it hasn't affected employment rates but McDonalds replaced paying jobs with touch kiosks. My double cheeseburger went from 1.59 to 2.19 overnight, Wendy's single was relatively inexpensive at 4.59 went to 5.99, so who is really paying, yep the consumer. In other words my fast food cost of living just went up like everything else in this state.

In other words be careful what you wish for, you might get it, except that it may look nothing like you thought it would.

I am not as big a fan at all of pro sports because of the money paid to the players. Owners were mostly wealthy before they bought franchises so it has nothing to do with them but players getting 200 mil contracts ruin the game for me. Switching teams every few years ruins the game for me. Not sure I would be as much of a fan or at all if players were getting paid. Also the shenanigans with below board dealings will increase, add agents to the mix, taxes, kids still being taken advantage of by agents, attorneys and handlers. Sounds like a mess to me.

Just my opinion, rant over.

Oh no you had to pay 1.40 more for a cheeseburger. That darn minimum wage making me pay a buck more. Regardless why does players making big money in pro sports turn you off from them? That makes no sense

 

[721Comstock]

My point is that Ivies charge what the market allows. Supply & demand. It is not high because sports generate relatively little revenue.

Ivy League schools like Harvard & Yale quite literally don’t need to charge any student a dime to attend.

Their endowments are already so massive, just a portion of the earnings (interest and dividends) could easily cover the cost of attendance for every. single. student.

Those endowments routinely receive massive donations from wildly successful alumni, in addition to typically earning excellent returns.

And yet they charge those insanely high tuitions.
Because people can, and will, pay.

 

[LeMoyneCuse]

Totally missing the point, I never ever said "deserve" to be rich. They will be wealthy no matter what happens regardless of anything. Whether they deserve it or not is irrelevant.

Without the owners putting up Billions with a capital B the players have nothing. That's an awful lot to risk especially when a lot of these families bought these franchises. Mortgage your house to start a league or business and tell me you dont want to earn a profit of what you risked.

Players get paid plenty and dont deserve more IMO, I think teachers, police officers, firefighters and military deserve more. Why arent you talking about them?

I'm not missing the point at all. I simply disagree with you 1,000% that players are paid too much. You talk about owners assuming risk, but there's no cash cow like owning an established American sports team. You just have to be rich enough to buy in. The NFL isn't some start up. Pro sports leagues are the blue chippest of the blue chips.

My feelings about pro athletes and college athletes are the same. At its core, the value of sports is created by the players, not the people who facilitate. And the people who create the value are the ones who should be compensated the most.

And where is this argument about public servants coming in? I think public school teachers should be paid twice as much as they currently are, but that's not at all within the scope of this thread.

 

[orange79]

And mods on this board hink I'm nuts...

It's not mutually exclusive.

 

[LeMoyneCuse]

You had to use that money to pay room and board.

I didn't have to do anything with that money, and it wasn't given to me for any purpose other than the valuation of my services. While I used it to supplement my expenses, I still had agency to spend the money however I saw fit.

 

[Capt. Tuttle]

If you can pay assistant coaches $900,000 a year it’s time players start to share in the wealth.

That's not the market. Blame the SEC

 

[Capt. Tuttle]

Your point is ridiculous. There are a lot of reasons why college tuition is out of control. The arms race for sports facilities is not a significant factor. You thinking it accounts for tripling tuition is one of the craziest things ever posted on these boards. Do you have any idea how much money comes from increasing tuition from 15K to 45K at a school that has a relatively small of enrollment of 20K?

$600 million annually.

So you are saying schools in this arms race are spending $600 million dollars annually on it?

That is insane.

The single biggest contributor to out of control costs are guaranteed payors (see student loans and insurance)
Go to direct, on time, in full payments, and prices must drop.

 

[sufandu]

401k and IRA needs to be funded with earned income.

Scholarships and stipends aren’t counted as that.

Now - if players get paid, that’s earned income, and they could at least do IRA’s.

Or if that then makes them employees of the University, then a 401k or 403b would be a viable option

Students with all kinds of different majors are required to participate in unpaid internships/clinicals that contribute to the bottom line of the company they're working for. In addition, they often have to pay tuition to be allowed to do so. I'd guess that a few of the brightest are more valuable than the paid employees. I see elite student athletes as being no different. They get free tuition and a bunch of perks while paying their dues for a relatively short time before cashing in despite little guarantee they'll be good professionals. Many could be so lucky.

 

[xc84]

Ivy League schools like Harvard & Yale quite literally don’t need to charge any student a dime to attend.

Their endowments are already so massive, just a portion of the earnings (interest and dividends) could easily cover the cost of attendance for every. single. student.

Those endowments routinely receive massive donations from wildly successful alumni, in addition to typically earning excellent returns.

And yet they charge those insanely high tuitions.
Because people can, and will, pay.

Exactly. 0% related to athletics.

 

[FrancoPizza]

They have no shortage of applicants and huge endowment.

that’s what she said

 

[sufandu]

So basically, you're saying if you're already rich, you deserve to be rich and if you're not, it doesn't matter if you live comfortably or not?

I can't remember what the distribution of revenue is for the NBA, but the number 53% to the owners and 47% to the players sticks in my head. So owners are making OBSCENE money off of owning their clubs. Players are also making big money, but this is to correctly compensate their worth. Consumers shell out billions for pro sports, and they are paying to watch the players, not the owners. The money floating around is a result of the quality of the product - players deserve every dime they get and should get more.

The same could be said about the car you drive, the TV you watch, or the phone you use. The people building any of them are paid much less than the executives calling the shots but not actually building anything. Nobody cares because all of those people are anonymous faces.

 

[xc84]

The same could be said about the car you drive, the TV you watch, or the phone you use. The people building any of them are paid much less than the executives calling the shots but not actually building anything. Nobody cares because all of those people are anonymous faces.

“Calling the shots” frequently has negative consequences yet execs are still rewarded handsomely even when their companies tank and they are fired.

 

[sufandu]

“Calling the shots” frequently has negative consequences yet execs are still rewarded handsomely even when their companies tank and they are fired.

While the people following the exec's orders are often the people that suffer the consequences.