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re: When will colleges learn to stop giving those GIANT buyout packages
Posted on 9/7/17 at 8:34 pm to LetTheValleyShake
Posted on 9/7/17 at 8:34 pm to LetTheValleyShake
quote:
Need to put limits on it like they do NFL players.
Communism.
No, business. CFB is a billion-plus dollar business. It's also a sport. When a sport is a business, it has to remain competitive to keep viewership, ticket sales, etc. up and profits growing. Rules within a business to keep it profitable are not communism.
1
Posted on 9/8/17 at 7:41 am to Nuts4LSU
quote:quote:No, business. CFB is a billion-plus dollar businessquote:Communism
Need to put limits on it like they do NFL players.
CFB is not the NFL. Parts of it may look that way but it is not a cohesive business whose purpose is solely to make money via entertainment.
Those same player contracts that have limits (and only individual limits on rookie contracts, everything else is cap space driven) also have guaranteed money, which is essentially a buyout.
But you are correct that it is not communism if it is done in an non governmental organization. It would probably be an antitrust violation unless the organization has been granted antitrust exemption, like the NFL and not the NCAA.
Curious, if you or the OP would also advocate for the elimination of penalty clauses for coaches who leave early to pursue other coaching opportunities? Flip side of the same coin IMO.
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