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Message
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Posted on 4/10/14 at 10:57 am to barry
quote:
Thats 2 billion dollars across all 400k+ NCAA athletes
Bingo.
I could get on board with paying revenue sports a stipend, but with Title IX, there's no way paying athletes is economically possible anymore. That ship has sailed.
Posted on 4/10/14 at 11:30 am to barry
quote:
Thats 2 billion dollars across all 400k+ NCAA athletes
Well, let's reduce it to scholarship athletes, and make it part of the schollie. That's 138,000. And that number includes Division 2. There's only 139,000 athletes in all of Division 1.
So, right out of the box, let's reduce the proposed stipend to Division 1 scholarship athletes. I don't have a precise number, but let's put it at 100,000 (which is way too high). Now, a $5000 stipend for all athletes would cost $500 million. The TV deal for March Madness alone is worth nearly a billion a year. ($10.8b over 14 years).
A $5000 stipend is workable within Title IX. It would take some work, but it is quite doable. And this is without a reorg, which is coming, and overestimating the number of scholarship athletes in D1.
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