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re: Proposed CA bill would force schools to split football, basketball revenue with athletes
Posted on 5/18/22 at 4:13 pm to TideSaint
Posted on 5/18/22 at 4:13 pm to TideSaint
quote:
basically this bill states sports that aren't dominated by Black athletes aren't worth saving.
Dems think blacks are really really stupid
1
Posted on 5/18/22 at 4:14 pm to blzr
Not touching that one with Wilt Chamberlain’s pole.
Posted on 5/18/22 at 4:22 pm to Adam Banks
quote:
The left is trying to destroy everything that rural southern conservatives love.
Amazes me that more people haven't picked up on this yet.
Posted on 5/18/22 at 4:25 pm to CocomoLSU
85-100 players at 200k/ea = 17-20M
As an example, LSU technically could have done that back in 2019.
As an example, LSU technically could have done that back in 2019.
quote:
The Tigers football team made a profit of about $56.6 million in the 2018-19 academic year, an increase of nearly $1.5 million from 2017-18. LSU football pulled in about $92 million in revenue, most of it coming from ticket sales ($36.3 million) and contributions ($23.8 million). It spent $35.3 million, with coaching salaries topping out the highest expense with a total of about $12.4 million.
Posted on 5/18/22 at 4:44 pm to TideSaint
quote:
How can legislators be this fricking stupid?
Is this a rhetorical question?
Posted on 5/18/22 at 5:04 pm to ProjectP2294
quote:Bruh, everything progressives do hinges on the act of destruction.
Why does it seem like the goal isn't to actually help anyone, but instead to destroy sports in general?
Posted on 5/18/22 at 6:19 pm to AUCE05
quote:
But there is an issue with an organization using legal adults to make millions off their labor then use laws to keep all the profit
If you could have told me I could have played football and they would have payed for everything at college and I got a degree I would ha e been doing cartwheels..
Everything taken care of and a degree to play a game...
Play a game.
Posted on 5/18/22 at 6:34 pm to CocomoLSU
quote:
More than enough to pay the entire football team hundreds of thousands of dollars a year? And still pay for everything that comes out of the football budgets?
Is it every football player gets the 200k/year? If so, you’re looking at 16 million.
Posted on 5/18/22 at 7:55 pm to TideSaint
So, revenue huh. What the frick does that look like when a smaller school has expenses that outpace revenue?
Posted on 5/18/22 at 8:03 pm to Sun God
quote:
The further this goes the quicker the whole system comes crashing down and we’re back in the era of early 20th century intramural sports
Paying players to play football started in the late 19th century. The Carnegie report in 1929 talked about how it had been a problem for decades. You can watch movies about it from the very early 1930s where colleges are taking kids who have no interest in college out of factories and coal mines and paying them to play football.
Posted on 5/18/22 at 8:59 pm to CocomoLSU
quote:
Just how much money do they think college programs make?
They’re talking about revenue, not profit. They bring in tons of revenue. This bill would sink CA schools.
Posted on 5/18/22 at 9:06 pm to TideSaint
Do schools in CA make a profit on football???
Posted on 5/18/22 at 9:20 pm to lsufb1912
quote:
85-100 players at 200k/ea = 17-20M
As an example, LSU technically could have done that back in 2019.
quote:
The Tigers football team made a profit of about $56.6 million in the 2018-19 academic year, an increase of nearly $1.5 million from 2017-18. LSU football pulled in about $92 million in revenue, most of it coming from ticket sales ($36.3 million) and contributions ($23.8 million). It spent $35.3 million, with coaching salaries topping out the highest expense with a total of about $12.4 million.
So the math would work if you won a national championship with a cheap coaching staff.
FWIW LSU promptly squandered a lot on Ed's salary and then bought him out in full less than 2 years later.
Very few programs really make consistent money on sports. The Big 10 and SEC make up most of that list. I'm not sure how profitable even USC really is or if they are really more of a financial boondoggle for their wealthy alumni.
Posted on 5/18/22 at 9:22 pm to bird35
Do people not understand how athletic departments work?
Think of it like a corporation, a non-profit at that, that has separate divisions. A football division, a MBB division, a Women's soccer division, etc.
Each division brings in revenue. Where it's different is there is a law where some divisions don't bring in much revenue but they need to be given equitable support, or a huge expense budget. Revenue is taken from the high revenue divisions, football, to pay the by law mandated expenses in the low revenue division.
Take all that money away and give it to the players then how do you fund non-revenue sports?
Think of it like a corporation, a non-profit at that, that has separate divisions. A football division, a MBB division, a Women's soccer division, etc.
Each division brings in revenue. Where it's different is there is a law where some divisions don't bring in much revenue but they need to be given equitable support, or a huge expense budget. Revenue is taken from the high revenue divisions, football, to pay the by law mandated expenses in the low revenue division.
Take all that money away and give it to the players then how do you fund non-revenue sports?
Posted on 5/18/22 at 9:25 pm to SoDakHawk
quote:
Take all that money away and give it to the players then how do you fund non-revenue sports?
Athletic departments will start to cut back on reinvesting into the sports. Slowdowns of building new facilities, reduced coaching salaries, reduced support staffs
Posted on 5/18/22 at 9:48 pm to AUCE05
quote:What specifically do you think schools were doing with these profits?
using legal adults to make millions off their labor then use laws to keep all the profit.
And that’s before we even get into the “laws” you mention.
Posted on 5/18/22 at 9:51 pm to Diseasefreeforall
quote:Correct. Would you like to guess what that led to?
Paying players to play football started in the late 19th century. The Carnegie report in 1929 talked about how it had been a problem for decades. You can watch movies about it from the very early 1930s where colleges are taking kids who have no interest in college out of factories and coal mines and paying them to play football.
Posted on 5/18/22 at 10:08 pm to Tigerfan56
quote:
This board won’t admit it and fights it because they’re scared it will drastically alter a sport they’re passionate about as fans, and they simply don’t want it. The arguments are purely emotional and from a fans point of view, not what is actually the right thing to do and in line with our supposed capitalistic ideologies of the market
You could replace the entire SEC with 1 star athletes and dress them in the college unis. Send all the 5-stars to a minor league. You could call it the USFL and wear those snazzy throwback unis. They could play in football havens like Birmingham, Atlanta, Dallas, New Orleans. They are free to make as much revenue as they bring in.
Guess what, people will still flock to college football.
Posted on 5/18/22 at 10:15 pm to TexasTiger08
quote:
Guess what, people will still flock to college football.
I’m not so sure.
Posted on 5/18/22 at 10:16 pm to Oilfieldbiology
quote:
Athletic departments will start to cut back on reinvesting into the sports. Slowdowns of building new facilities, reduced coaching salaries, reduced support staffs
This would probably be a good thing long-term
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