Quote:
Originally Posted by Trolly McTrollson
It's still a billion-dollar industry whose content creators are getting a ridiculously small slice of the revenue. Whether it's the schools or ESPN or whatever, someone should be writing these kids a check that's commensurate with the value of the product they're creating.
And I'm totally on board with schools dropping big-ticket athletics and shifting the whole thing into a pro minor league system, but as long as the schools are in the game, let's not pretend a sham degree is some kind of reasonable compensation.
The degrees are much less shams than most people think. I've had a lot of these kids in a real classroom, and I would say they in general are better students than the average (the average is pretty bad - university attrition rates are much higher than most people think). For the most part they are at least disciplined and applied. It's mainly a few who think they are stars (think Nate Robinson) that are a problem. A backup player who isn't a decent student is not offering much to the program; he's potentially a bad number academically and he's not doing much on the field.
As for the slice the players get, we can actually estimate it. The high end for revenue is around 100 million (speaking in rough figures) and maybe 50 programs bring in more than 50 million. Here I am including donations to the athletic programs, ticket sales, etc. Branding and media, which are what is probably most directly attributable to the players, generally make up at most 10%, 5-10 million. Suppose we consider a full athletic scholarship to be 40-60K annually in cost and we suppose the university gives around 100 a year (universities give more scholarships than that, but most are partial). That's a ball park of 5 million a year. In fact that's a bit of a low estimate, the numbers come out to around %10 of total revenue. Whether that's a reasonable slice or not, I'm not sure, but it's not obviously low (I'd be curious to hear serious arguments about whether it's high or low). Alabama fans are going to buy tickets anyway. Alabama boosters are going to make donations anyway. It doesn't much matter who the players are as long as the team wins. That's why they pay Saban as much as they pay all those athletes. In general the big programs spend more on coaches than they do on players. That reflects where the talent driving the system is. It also points to who is to blame if you think the athletes are underpaid.