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What does big-time college athletics cost and who pays for it?
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<blockquote data-quote="GTNavyNuke" data-source="post: 54281" data-attributes="member: 322"><p>I think {**dangerous**} that only the top tier money making programs will be able to pay their players. It will force CFB to go to the semi-pro concept sooner, which is where we essentially are today but with the "universities" picking up a large part of the costs. </p><p></p><p>It also depends how much the "pay" is. Say $25K a year (usual grad student stipend at GT) for 80 players is $2M a year. Not insurmoutable at GT at all, but too much at GSU or Woffard? </p><p></p><p>How the money is going to be distributed differently to get pay to players is a fundamental question. Politics is about the distribution of money and power. And there is a lot of money here:</p><p style="margin-left: 20px"><p style="margin-left: 20px">"Newly negotiated television contracts are expected to </p> <p style="margin-left: 20px">significantly boost athletic revenues for the top programs </p> <p style="margin-left: 20px">in coming years, creating even more disparity in college </p> <p style="margin-left: 20px">athletics. For the top five conferences (ACC, Big 10, Big </p> <p style="margin-left: 20px">12, Pacific-12, and SEC), current media contracts are </p> <p style="margin-left: 20px">expected to generate more than $1 billion per year, with </p> <p style="margin-left: 20px">average conference revenues ranging from $12 million </p> <p style="margin-left: 20px">to $20 million per school per year.12 College sports are </p> <p style="margin-left: 20px">big business, and these contracts exceed the annual </p> <p style="margin-left: 20px">media contracts for Major League Baseball, the </p> <p style="margin-left: 20px">National Hockey League, and the National Basketball </p> <p style="margin-left: 20px">Association."</p> <p style="margin-left: 20px"></p> </p><p>From the NCAA in the Keller / EA Sports case is providing$20M to students. <a href="http://www.ncaa.org/about/resources/media-center/press-releases/ncaa-reaches-settlement-ea-video-game-lawsuit" target="_blank">http://www.ncaa.org/about/resources/media-center/press-releases/ncaa-reaches-settlement-ea-video-game-lawsuit</a></p><ul> <li data-xf-list-type="ul">"The settlement will award $20 million to certain Division I men’s basketball and Division I Bowl Subdivision football student-athletes who attended certain institutions during the years the games were sold." </li> <li data-xf-list-type="ul">Of course the hypocrites at the NCAA say ""Consistent with the terms of a court-approved settlement, the NCAA will allow a blanket eligibility waiver for any currently enrolled student-athletes who receive funds connected with the settlement. <strong>In no event do we consider this settlement pay for athletics performance</strong>," Remy said."</li> </ul><p>Finally, here is a CNBC summary this week of the current legal actions involving the NCAA. <a href="http://www.cnbc.com/id/101707534" target="_blank">http://www.cnbc.com/id/101707534</a> The game is fully afoot and we are going to get major changes in the next few years.</p></blockquote><p></p>
[QUOTE="GTNavyNuke, post: 54281, member: 322"] I think {**dangerous**} that only the top tier money making programs will be able to pay their players. It will force CFB to go to the semi-pro concept sooner, which is where we essentially are today but with the "universities" picking up a large part of the costs. It also depends how much the "pay" is. Say $25K a year (usual grad student stipend at GT) for 80 players is $2M a year. Not insurmoutable at GT at all, but too much at GSU or Woffard? How the money is going to be distributed differently to get pay to players is a fundamental question. Politics is about the distribution of money and power. And there is a lot of money here: [INDENT][INDENT]"Newly negotiated television contracts are expected to significantly boost athletic revenues for the top programs in coming years, creating even more disparity in college athletics. For the top five conferences (ACC, Big 10, Big 12, Pacific-12, and SEC), current media contracts are expected to generate more than $1 billion per year, with average conference revenues ranging from $12 million to $20 million per school per year.12 College sports are big business, and these contracts exceed the annual media contracts for Major League Baseball, the National Hockey League, and the National Basketball Association." [/INDENT][/INDENT] From the NCAA in the Keller / EA Sports case is providing$20M to students. [url]http://www.ncaa.org/about/resources/media-center/press-releases/ncaa-reaches-settlement-ea-video-game-lawsuit[/url] [LIST] [*]"The settlement will award $20 million to certain Division I men’s basketball and Division I Bowl Subdivision football student-athletes who attended certain institutions during the years the games were sold." [*]Of course the hypocrites at the NCAA say ""Consistent with the terms of a court-approved settlement, the NCAA will allow a blanket eligibility waiver for any currently enrolled student-athletes who receive funds connected with the settlement. [B]In no event do we consider this settlement pay for athletics performance[/B]," Remy said." [/LIST] Finally, here is a CNBC summary this week of the current legal actions involving the NCAA. [url]http://www.cnbc.com/id/101707534[/url] The game is fully afoot and we are going to get major changes in the next few years. [/QUOTE]
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What does big-time college athletics cost and who pays for it?
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