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re: Out of state tuition and room and board is about 50k per year
Posted on 12/7/24 at 4:54 pm to luciouslou
Posted on 12/7/24 at 4:54 pm to luciouslou
Exactly.
I am ready to boycott college ball until this bullshite is put back into Pandora’s box. Let the system completely collapse and then see who wants the OPPORTUNITY still.
I am ready to boycott college ball until this bullshite is put back into Pandora’s box. Let the system completely collapse and then see who wants the OPPORTUNITY still.
0
Posted on 12/7/24 at 4:54 pm to Howyouluhdat
quote:
If he has a booming YouTube channel he doesn’t need to be playing football anyway. It takes a lot of time to build one and they clearly aren’t focused on sports.
Holy shite. Travis Hunter has 438k YouTube subscribers. But you are right, I'm sure the guy who is about to win the Heisman clearly isn't focused on sports.
quote:
It has to be written into the contract whatever money is made elsewhere.
So if he wants to sign a contract with Cane's, they get to determine how else he can make money?
quote:
Well they sign contracts so whatever the contract states but it should be equivalent to a coaches or nfl players performance contract.
Players and coaches don't sign contracts based on performance. They can certain bonuses, based on their performance but their based salaries aren't ties to performance.
quote:
Doesn’t matter who pays them. The team is capped. Let’s just say they get 10 million for LSU. Whatever donors want to contribute to that can so contracts will have to be written accordingly.
Name 3 other organizations that operate like that.
Come on man you gotta come up with better ideas besides this bullshite.
Posted on 12/7/24 at 4:55 pm to luciouslou
I agree.....unfortunately, many do not.
They are no longer student ahtletes.....they are paid players that wear your school uniform on 1 year deals.
They are no longer student ahtletes.....they are paid players that wear your school uniform on 1 year deals.
Posted on 12/7/24 at 4:56 pm to Surv1vor1st
quote:
Not yet. But those days are coming! Y'all mad now. Wait until there is revenue share in NCAA. And for all those who think that's impossible, how many people thought we would never see players getting paid.
No one thinks that it's impossible because it's literally already been announced.
Posted on 12/7/24 at 5:17 pm to J2thaROC
quote:
Why are you a communist?
"Free market bad"
Posted on 12/7/24 at 5:26 pm to LSBoosie
quote:
No one thinks that it's impossible because it's literally already been announced.
My point exactly! Some want to go backwards when the writing is on the wall that it's going well pass just NIL
Posted on 12/7/24 at 5:36 pm to Lester Earl
Sounding like comrade lenin.
Posted on 12/7/24 at 5:38 pm to Madking
quote:
A coaches avg salary is on par with what a healthy business pays its top employee. Coaches aren’t overpaid
quote:
Normally it’s 15-20% of their net, sometimes 30 depending. We overpay for our coach if that’s what you mean.
I’m not sure what exactly you mean by “net” considering college athletic departments are non-profits. But let’s look at the numbers:
LSU’s athletic department generates about $200 million, and we pay our coach $10 million, 5% of athletic department revenue.
In 2023 the average SEC athletic department generated about $165 million in revenue, and the average SEC head coach made $8 million (both numbers exclude Vandy), 4.8% of athletic department revenue.
In 2023, the average P4 athletic department generated about $100 million, and the average P4 head coach made $6.2 million, 6.2% of athletic department revenue.
Meanwhile in the NFL, teams generated $640 million in revenue and $127 million in operating income on average last year. The average NFL head coaching salary in 2023 was $6.6 million (about 1% of revenue).
So:
1. If you’re going to use business financials as a measuring stick for head coach salaries, LSU spends about the same as the rest of the SEC and slightly less than the power conferences as a whole.
2. NFL teams spend considerably less on coaching salaries relative to revenue than college teams.
Posted on 12/7/24 at 5:44 pm to lostinbr
That’s alot of pork to dance around the topic. I already said we overpay and you’re misrepresenting the money. Ohio State made the most profit last season, it cost over 225mil in operating costs to make just over 251mil. Those are not great margins relatively speaking and that profit has to fund every other program minus basketball which pulls in around 2mil. They can’t afford a 105 man football roster all getting paid the way they already are. Your NFL comparison is irrelevant, it’s a totally different economic structure.
This post was edited on 12/7/24 at 5:46 pm
Posted on 12/7/24 at 5:48 pm to LSBoosie
quote:
Holy shite. Travis Hunter has 438k YouTube subscribers. But you are right, I'm sure the guy who is about to win the Heisman clearly isn't focused on sports.
You named one dude congrats. He’s the exception not the rule.
quote:
So if he wants to sign a contract with Cane's, they get to determine how else he can make money?
The ruling party can absolutely
quote:
Players and coaches don't sign contracts based on performance. They can certain bonuses, based on their performance but their based salaries aren't ties to performance.
Never said their base salaries were based on performance but the players contracts need to be. This is common sense
quote:
Name 3 other organizations that operate like that.
I don’t care who operates like that or not. Has zero to do with what needs to happen.
Posted on 12/7/24 at 5:49 pm to Madking
I was always under the impression college football isn’t about hard direct dollars. Football (homecoming weekend as an example) is a major tool for donations to the university.
Posted on 12/7/24 at 5:54 pm to Madking
quote:
The idea that the main actors in a multi billion dollar industry
quote:
1.3b isn’t multi billion
$1.3 billion is just what the NCAA made last year. The largest piece of that is from the NCAA men’s basketball tournament, which has nothing to do with football.
Last year, the power 5 conference schools as a whole generated about $6.7 billion in athletic revenue. I couldn’t tell you exactly how much was football, but it’s certainly more than $1.3 billion.
quote:
You don’t even know what you’re talking about.
Ironic.
Posted on 12/7/24 at 5:54 pm to LSBoosie
quote:
No one thinks that it's impossible because it's literally already been announced.
And it will go by the wayside like the MLB
Posted on 12/7/24 at 5:58 pm to lostinbr
Wrong
Posted on 12/7/24 at 5:59 pm to Howyouluhdat
quote:
You named one dude congrats. He’s the exception not the rule.
You have no idea how many guys have YouTube channels, Instagram/Twiiter/TikTok followings big enough to bring in a few thousand dollars a month. Travis Hunter is an extreme example but there are plenty of guys that have enough followers to bring in extra money on the side.
quote:
The ruling party can absolutely
Yeah that's dumb if you are letting a fast food restaurant or any other business paying you ad money determine how you can or can't make money. It's just dumb.
quote:
Never said their base salaries were based on performance but the players contracts need to be. This is common sense
You said they should be all performance based then said it should be equivalent to an NFL player or coaches contracts. So which one is it? Performance based or similar to NFL players and coaches?
quote:
I don’t care who operates like that or not. Has zero to do with what needs to happen.
It does matter. No one else operates like that because it's fricking dumb.
Posted on 12/7/24 at 6:00 pm to danilo
You’re right and that’s part of the point. That money which pays for the players, isn’t a set value and it’s stretched to almost nothing. It’s an interesting point but there are too many simpletons in the thread to get into it and all the issues it brings. I mean they don’t even understand operating costs and you have one of them pretending like James Bond villains are stealing billions from everybody.
This post was edited on 12/7/24 at 6:02 pm
Posted on 12/7/24 at 6:06 pm to Madking
quote:
You’re right and that’s part of the point. That money which pays for the players, isn’t a set value and it’s stretched to almost nothing.
Do you think donations to the university pays for players?
This post was edited on 12/7/24 at 6:07 pm
Posted on 12/7/24 at 6:11 pm to Madking
*Plays NCAA Football on Dynasty mode once*
quote:
It’s an interesting point but there are too many simpletons in the thread to get into it and all the issues it brings. I mean they don’t even understand operating costs and you have one of them pretending like James Bond villains are stealing billions from everybody.
Posted on 12/7/24 at 6:12 pm to LSBoosie
quote:
You have no idea how many guys have YouTube channels, Instagram/Twiiter/TikTok followings big enough to bring in a few thousand dollars a month.
And neither do you bc a competent coach wouldn’t want his players doing that shite. Deion is a damn clown so it doesn’t matter
quote:
Yeah that's dumb if you are letting a fast food restaurant or any other business paying you ad money determine how you can or can't make money. It's just dumb.
Why would Canes be the ruling party? I think you are dumb
quote:
You said they should be all performance based then said it should be equivalent to an NFL player or coaches contracts. So which one is it? Performance based or similar to NFL players and coaches?
Coaches and players get incentive based bonuses in their contracts. Why is this so hard to understand? College players contracts should be strictly performance based. I mean what else is holding them accountable? You just want to give a player millions and then he be like Haynesworth or Randall Cobb. I can name a bunch of guys like that. You want college to turn into that? These guys are even younger, what the frick do you think is going to happen?
quote:
It does matter. No one else operates like that because it's fricking dumb.
It actually doesn’t matter at all bc no other corporation is in this position.
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