Originally Posted by Scrap Irony
I'm sorry, I thought we were using common sense here.
In 2001 (the last year I have notes for), Western Kentucky's basketball program made upwards of $24 million for the school. The only reason that $24-ish million was in the school coffers was because of those 13 guys on that team.
Are you telling me you think it's okay that the school take all that cash, let the kid make the $15,000 (room and board, plus scholarship in that era) he "earned", and call everything honky dory?
Kentucky's licensing agreement is a million dollar money-maker for the school. (And thats just the merchandise. We're not talking about games tickets or anything else.) It's not because people like the dentistry program.
Louisville's School of Medicine didn't make the school $52 million. But its sports programs did.
When I was a kid, my Dad worked for L&N Railroad. At one point, he had to travel the rails of three states, supporting bridges, cutting ties, et al. The Railroad paid for his travel, his room, and his board.
By your logic, that should be enough to satisfy that worker.
Louisville's school of medicine didn't cost $52 million either. I'm guessing their sports programs did.
If basketball players want to take the money made from the soccer players, swimmers, and wrestlers, that's the alternative.
Very few athletic departments MAKE money. THey take in revenues, they spend more than they take in and the University in many cases has to pay to keep them back in the black.