I think schools like Clemson are like 75 million dollars in debt, had a coworker who just left higher ed to take a gig at my firm and she said colleges are cooked

It doesn’t need to be sustainable, it needs to be provocative, it gets the people going

They already are implementing a rule as of yesterday that will strip college eligibility from players who played, and got payed, in professional leagues

It’s not only sustainable, but pay is going to soar.

College football and basketball not only make tons of money, but wealthy alumni are happy to spend to watch a winning team.

It’s basically turning into another pro league.

I’m so confused how so many people turned a blind eye to this BS as it was coming up. College sports has lost any sort of romance. Who’s my PG this year? Who’s my QB this year?

Yeah like, Mario Hezonja is Madrid’s top scorer at 13 ppg, and yet he’s absolutely ass in NBA because his dribbling is awful for NBA standard.

Yam Madar in college may be able to have decent stats, but he’s going to be awful again after it’s over.

Having turned 25, Madar will require special approval from the NCAA in order to become eligible to play college basketball in the United States.

In other words, the deal has yet to be approved. Yet, it didn’t stop EuroHoops from reporting it, and they were criticized for it on other social media platforms and rightfully so.

He’s going to college though, it’s way easier there.

Would much better guys, who are older, really want to spend their time on a college campus in Louisiana rather than traveling through Europe?

It’s hard to get the really ambitious guys who care about their career in Europe. They can be paid more in the US, but that’s 4 years wasted playing against kids that they could’ve used continuing to develop their skills in the worlds second best league.

The higher pay is good short term money but might not be the best long term move .

But would those players be able to do well in class? 

go on ye

Or just don’t allow obvious mercenaries from playing. He already needs special approval. So deny that special approval.

In my opinion, college sports were already pre-professional / minor leagues even before NIL. The profits were already flowing in a huge way, just not to the players who generated those profits. 

Additionally it simply brings existing illicit athlete payments into the light; many of these guys were already getting paid.

People who get mad that the players are finally being acknowledged financially are disingenuously pretending that the NCAA had even a shred of scholastic integrity before this. These were never amateur students simply representing their school. 

The boomers have nothing to do with it. Money and greed ruins everything and has since the dawn of civilization.

There is a reason the literal Bible says “It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God”.

Boomers weren’t right. NIL might not be the solution, but it’s much better than these boomers want (no change). Boomer coaches making millions, but not want their players to make any money? Laughably hypocrites.

You can’t make billions as an industry, millions as an institution with paying millions to HC’s and not pay your adult players, making you that money, accordingly (no level of scholarship premium is anywhere near fair). Especially with how big college hoops and college football is.

NCAA Div I CFB and CBB are as much professional sports leagues as the NBA and NFL are, they just could disguise it behind their side hustle that is being an educational institution.

Players absolutely should have been making money but NIL is not regulated and unlike the pros there no salary cap so at the end of the day NIL helps the rich get richer

The biggest issue is that the NCAA built an entire ecosystem around not paying the players, and that entire ecosystem is falling apart now that it has to pay them. A lot of the power they had over restricting players doesn’t hold up now that money is involved and players are willing to make legal challenges to the NCAA’s authority.

It’s like saying that water is bad because you went from a drought to a flood.

Yes

And free trasnfers did that too for football

It’s more that NIL should have been phased in gradually with a lot more guidelines, limits, etc. Opening it up the way they did with pretty few guidelines was always going to make it crash and burn because every team was going to push it to the limit and likely past what is considered reasonable because of the money involved.

The fact that it only took 5 years to get to this point where 25 year old pro European players will likely be allowed to suit up for a college team is ridiculous. Same thing as with the handful of guys who have played in nba g league who have then gone back to college teams.

“no incentive for the conferences or schools to act in their collective best interest”

I understand what you are saying, but that is quite a paradoxical statement.

Guess those researchers should just learn how to grow some inches and dunk? Basketball is much more valuable to the economy than a cancer cure

Anyone who knew anything about the financials knew that long sanding argument never held up. The admin of the schools and anyone who could reform it were happy to spend and cash in at the expense of of the school, while casual observers bickered about whether it was a good or bad thing. 

That is all a huge fallacy.  People look at the amount of money that these programs generate and get dollar signs in their eyes, but ignore the massive operational costs.  Very few programs actually make their school money, most are an expensive albatross around the school’s neck.

I believe we should significantly reduce college sports to just being localized events and get rid of the professionalization of them that is also leaking into high school and even children’s sports. Certain successful cases like yours don’t overrule the larger point that sports at American universities are getting out of control.

Usually the NIL money is paid for by donors and private companies. With bigger schools it is coordinated with the university.

This is true but with the new revenue sharing model schools are getting to pay student-athletes directly. The total per school is \(20.5m but that's going to grown up to \)32m and it will probably grow from there. Then there’s an even larger bucket for NIL after that.

The system is a mess and has been a mess for a long time. It’s not going to happen but it would be great if their were some actual caps in place that forced more money from athletics back into the university. IIRC NIL is going to be administered by schools now, so the existing revenue + NIL puts that at a range of \(150m to +\)300m. A mandatory tithe to the university of like 15% wouldn’t make a huge difference in the long term for athletic budgets if every school was held to it. The rich schools would still get richer and have a huge advantage.

When it coems to resarch there is a lot of public and private funding.

It would just be a drop in the bucket for some schools like Michigan or Ohio state, etc. But in this example, there are a lot of schools in those power conferences that spend \(200m to \)400m a year on research. An extra \(22.5m to \)40m tithe from athletics wouldn’t be a massive windfall but still pretty significant. That money could also go to things that typically don’t get their own funding through NFS and NIH grants and that sort of thing.

This would never happen, but I think it’s pretty easy to see a system where the athletics department can run itself as a business and the university benefits more from it past just marketing reasons.

This is true. LSU has its own endowment and the athletic department has its own foundation, LSU Athletics Foundation(?). Pretty sure LSU Athletics has more money than the school itself. Money was so bad in 2011 or 2012 that LSU was going to shutter the English department and Athletics stepped in and donated enough money to keep it afloat.

That’s correct. The athletic department is self-funding and net profitable. It actually funnels money back to the university each year. Football in particular bankrolls a bunch of other sports that would be net negative, and there’s still enough left over to give back to the university.

People can talk all kinds of shit about Louisiana’s priorities, and they’d be right to do so. No question. But the money for this isn’t coming out of the school’s academic budget. It’s coming out of the pockets of people who would rather donate to the Pay A Tel Aviv Benchwarmer $5M To Hoop Here Fund than the university. Make of that what you will

Unreal that a guy can play basketball at a D2 school and use all of his eligibility, while a 25 year-old professional from overseas can come in as a college freshman on the basketball team. That’s nutty.

I would think everyone would accept military service as a legititmate reason for extending a timeline.

Why would it be legal to prevent 25 year olds go play?

You people need to understand something, the NCAA is not some government branch with authority to modify laws or even write them

Everything they do has to be within the legal frame

Thats why they already lost so many lawsuits cause most of their rules were illegal

If the courts can’t stop a euroleague player from playing why would they be able to stop an NBA player? Both are professional leagues.

LeBron, Luka, Giannis, and other NBA players who never attended college all still have 4 years of eligibility it seems

Yeah when you have a couple billion, what does it matter?

How do boosters make money? Don’t they just give money to each university? (Not sarcastic, I genuinely don’t know).

I feel like the pendulum has gone too far in the other direction though. Should the players be allowed to hire agents and make endorsement deals? Yes. Should they be paid more than scholarships? I don’t think so.

I got in trouble because I made a Baby Moses Malone joke in Sunday school when I was a little kid.

and he sucks at it, dude blew it and knows he’s done, so he’s getting some money

Yeah he shouldn’t be playing against college athletes

Not everybody turns pro. Only 60 players get drafted in the nba eacg year. Many student athletes really do count on that scholarship to make a better life.

LSU isn’t a great school but it is top 200 nationally and opes into top 100 among public in most rankings. Make of that what you will. Some of their programs (engineering among them) are on the better side.

(Even in the SEC, it’s not the lowest ranked.)