Just to make sure I understand this correctly:
1) beginning next year schools will have to allocate about $22-23 million to pay their "student" athletes
2) assuming that the "split" among a college/university's athlete payroll would be 75% football/10% basketball/15% all other sports:
a) that means - on average - a football player would earn about $200k ($17M divided by 85 players)
b) a basketball player - on average - ($2.3M divided by 24 players - men + women) would earn about $100k
c) all other athletes - on average - ($3.4M divided by 170 +/-) would earn about $20k
3) on top of the $ paid to the "student" athlete, they could also get an NIL bonus from outside booster/alliance orgs, PLUS
4) they get full tuition/room and board/travel
Don't get me wrong. I was all for making sure that the student athlete was able to afford to treat themself/have an allowance/get some small portion of the revenue money ... but this has gone waaayyy out of control. Some of these kids would literally have to take a pay cut to play in the NFL/NBA/MLS et al
Please, we all know that less than 1% of the kids who play college sports will develop into a professional athlete. The benefit they get by going to college - tuition-free - is hopefully earning a degree that will help them achieve as an adult, after college. With this new "plan", what incentives are there for athletes in college to even go to class? Why bother?
Am I missing something here?
1) beginning next year schools will have to allocate about $22-23 million to pay their "student" athletes
2) assuming that the "split" among a college/university's athlete payroll would be 75% football/10% basketball/15% all other sports:
a) that means - on average - a football player would earn about $200k ($17M divided by 85 players)
b) a basketball player - on average - ($2.3M divided by 24 players - men + women) would earn about $100k
c) all other athletes - on average - ($3.4M divided by 170 +/-) would earn about $20k
3) on top of the $ paid to the "student" athlete, they could also get an NIL bonus from outside booster/alliance orgs, PLUS
4) they get full tuition/room and board/travel
Don't get me wrong. I was all for making sure that the student athlete was able to afford to treat themself/have an allowance/get some small portion of the revenue money ... but this has gone waaayyy out of control. Some of these kids would literally have to take a pay cut to play in the NFL/NBA/MLS et al
Please, we all know that less than 1% of the kids who play college sports will develop into a professional athlete. The benefit they get by going to college - tuition-free - is hopefully earning a degree that will help them achieve as an adult, after college. With this new "plan", what incentives are there for athletes in college to even go to class? Why bother?
Am I missing something here?