Congress to Investigate NCAA?

[Bronco_Beerslug]

Just debated on CNBC and sounds like it's a certainty. Reasons given for are, colleges are reaping huge profits from football programs, enough so to pay coaches obscene amounts of money and still fill their coffers while the players receive no compensation. Remedies talked about are threatening to classify colleges as corporations taking away their tax exempt status.

This supposedly would lead to colleges asking to clean up their own houses, offering to compensate players and cap revenues.

Interesting stuff!

[Garcia Bronco]

Interesting indeed. These kids should be getting paid.

[NaptownChief]

I bet nothing comes of it but I'm glad they are doing it just to watch Pyles Brand squirm and have to deal with the headaches.

[Spider]

Paid ?
thought the education they receive free of charge was pay ?

[Spider]

well while congress is at it .... they need to investigate Miss America pageant.........no reason in the world why Nude mud wrestling shuldnt be on the agenda

[TheDave]

Sorry, but there are bigger things in this world that congress needs to focus on...

[Spider]

Originally Posted by TheDave

Sorry, but there are bigger things in this world that congress needs to focus on...

yeah like nude mud wrestling ..........

[Garcia Bronco]

That is true as well

[NaptownChief]

Originally Posted by Garcia Bronco

Interesting indeed. These kids should be getting paid.

Virtually impossible to pull off cause you should probably only be paying those that actually make money (top bb and football programs)...what would end up happening due to the whinning and crying of title 9 wackos and the such would be paying equal amounts to all athletes and the vast majority of athletes cost the university money rather than make them money. The scholarships of those that don't make money already put many schools in a tight financial spot and they sure as heck can't make it worse by paying them more money.

And many schools don't make money on athletics so are you only going to pay those at schools that do? Then it would come down to all the top players only going to those schools so they could get paid. Some would argue that is already the case at a few schools but you know what I mean.

[Garcia Bronco]

Originally Posted by NaptownChief

Virtually impossible to pull off cause you should probably only be paying those that actually make money (top bb and football programs)...what would end up happening due to the whinning and crying of title 9 wackos and the such would be paying equal amounts to all athletes and the vast majority of athletes cost the university money rather than make them money. The scholarships of those that don't make money already put many schools in a tight financial spot and they sure as heck can't make it worse by paying them more money.

And many schools don't make money on athletics so are you only going to pay those at schools that do? Then it would come down to all the top players only going to those schools so they could get paid. Some would argue that is already the case at a few schools but you know what I mean.

Goo dpoints...it would kill athletic programs at many schools. That might not be a bad thing. Title 9...while good in theory doesn't always make sense

[Bronco_Beerslug]

Originally Posted by Garcia Bronco

Goo dpoints...it would kill athletic programs at many schools. That might not be a bad thing. Title 9...while good in theory doesn't always make sense

Or, some type of revenue sharing may be used.

[Play2win]

The NCAA is just like The Church, its just a different type of religon. Tax exempt, monies come in, donations come in, there is serious profit, especially among certain members. Athletic Departments and their Universities are being built (on a large scale) just as much as churches are now, and through the ages. But with both, there is also a goodwill aspect to them.

[NaptownChief]

Originally Posted by Bronco_Beerslug

Or, some type of revenue sharing may be used.

Which they are already doing within their conferences on bowl and post season revenue. The power conferences would choose death over sharing revenue with the smaller conference schools. That is why we have the BCS instead of a playoff because the Big Ten's commish has all the money and power and isn't about to give it up. I wouldn't be surprised if some of these schools would choose taxation over sharing.

[NaptownChief]

Only thing I could see possibly coming from this is a cap on salaries and if a salary is to exceed the cap then the amount above that cap could have some taxable expense and ramification to that school. Again it is tough to pull anything off like this because the vast majority of schools don't make money on athletics and truly are not for profit organizations. Football programs like UT, OU, OSU, UM, Auburn, Bama and the such are the rare exceptions that these jokers in congress are trying to make out to be the rule.

[-Slap-]

Originally Posted by Garcia Bronco

Interesting indeed. These kids should be getting paid.

They are getting paid. They're getting a free education. Its their fault if they're too stupid to take advantage of that opportunity.

Utterly impossible to pay college athletes actual wages.

[-Slap-]

Originally Posted by NaptownChief

Virtually impossible to pull off cause you should probably only be paying those that actually make money (top bb and football programs)...what would end up happening due to the whinning and crying of title 9 wackos and the such would be paying equal amounts to all athletes and the vast majority of athletes cost the university money rather than make them money. The scholarships of those that don't make money already put many schools in a tight financial spot and they sure as heck can't make it worse by paying them more money.

And many schools don't make money on athletics so are you only going to pay those at schools that do? Then it would come down to all the top players only going to those schools so they could get paid. Some would argue that is already the case at a few schools but you know what I mean.

Even if you only paid athletes from the revenue producing sports, you couldn't do it. Are you going to pay every kid on the roster? Only the guys on the traveling team? Only the starters? Are you going to pay Darren McFadden the same amount as the second string punter? Its ridiculous. Nobody is forcing anyone to participate in college athletics. If you want to be compensated for playing, go find some semi-pro team until you're ready for the Draft.

[NaptownChief]

Originally Posted by -Slap-

Even if you only paid athletes from the revenue producing sports, you couldn't do it. Are you going to pay every kid on the roster? Only the guys on the traveling team? Only the starters? Are you going to pay Darren McFadden the same amount as the second string punter? Its ridiculous. Nobody is forcing anyone to participate in college athletics. If you want to be compensated for playing, go find some semi-pro team until you're ready for the Draft.

Exactly....It is a Pandora's box where there isn't a perfect solution but any solution other than the current one would be far worse.

[missingnumber7]

Not only are they getting free education from some of the most prestigious universities but some are getting free passes to free degrees which leads them to cake jobs just because the guy knew how to get in peoples way. And congress shouldn't be investigating nude mud wrestling, nude ky wrestling is much better.

[Spider]

Originally Posted by missingnumber7

And congress shouldn't be investigating nude mud wrestling, nude ky wrestling is much better.

thats the ticket

[NaptownChief]

Originally Posted by missingnumber7

Not only are they getting free education from some of the most prestigious universities

The education is worth about $100K from most schools and if they are able to go to Duke, Vandy or Stanford it is valued around $200-250K....just for direct cost...Which education is paid with after tax money so to come up with $250K after tax money it would require someone to earn about $385,000 in wages to result in the $250k needed for 4 years at Vandy or Stanford.

And all of that is long before the real benefit of giving these kids a chance to go on and make a good living the rest of their life rather than having to break their backs doing manual labor for crap pay.

[Bronco_Beerslug]

Originally Posted by NaptownChief

Which they are already doing within their conferences on bowl and post season revenue. The power conferences would choose death over sharing revenue with the smaller conference schools. That is why we have the BCS instead of a playoff because the Big Ten's commish has all the money and power and isn't about to give it up. I wouldn't be surprised if some of these schools would choose taxation over sharing.

Yep, I realize the bowl sharing thing is happening. I think the student compensation thing they're throwing out there is more towards equal paid education for every team member, not just the scholarship kids and that type of thing but I may be wrong on that.

[Spider]

Originally Posted by NaptownChief

And all of that is long before the real benefit of giving these kids a chance to go on and make a good living the rest of their life rather than having to break their backs doing manual labor for crap pay.

nothing wrong with hard work .........Workin mans PHD ........nothing wrong with putting sweat on your brow , callous on your hands ......... Just as long as you are proud of what you done ........

[Billy Clyde Puckett]

Originally Posted by TheDave

Sorry, but there are bigger things in this world that congress needs to focus on...

Absolutely, but this is how some clown in congress gets his/her name on the front page.

[Spider]

Originally Posted by Big Guy

Absolutely, but this is how some clown in congress gets his/her name on the front page.

and we pay for it no less .........

[NaptownChief]

Originally Posted by §Pide®

nothing wrong with hard work .........Workin mans PHD ........nothing wrong with putting sweat on your brow , callous on your hands ......... Just as long as you are proud of what you done ........

Not a thing wrong with it and something to be proud of as a lot of folks don't have the character to stand up and do it even though they need to. But if someone is going to give you a free opportunity allow you a lot of different paths they should be smart enough to take it. Manual labor is always there to fall back on if you want it and some people prefer it. I had a friend and colleague that was making six figures in a very comfortable management position within the investment/finance world and he walked away to start his on landscaping/grass cutting business. He just really preferred getting outside and getting his hands dirty.

There are days that I am envious of him.