Last I checked, most universities are registered as non-profit institutions without an ownership structure, where all revenues are put back into the university. Not exactly a normal structure used by a business. If they were businesses, they'd have private owners or shareholders and profits left over after expenses would be distributed to the owners rather than reinvested in the institution.
Wear gaudy colors, or avoid display. Lay a million eggs or give birth to one. The fittest shall survive, yet the unfit may live. Be like your ancestors or be different. We must repeat!
Revering4Blue (07-24-2013),Screwball (07-26-2013),Wonderful Monds (07-25-2013)
When your company/business/institution is moving around hundreds of millions to billions of dollars, they are certainly operating a business. They are paying employees, they are selling a product. Just because they aren't sharing some profits and are taking any "profit" and just placing it in a general fund doesn't change that they have employees and are selling a product.
Here is an excellent article by Patrick Hruby on paying college athletes.
http://www.sportsonearth.com/article/54644180/
Variatio delectat - Cicero
College athletics used to be an educational entity that generated revenue on a non-profit basis. Now they've become a revenue generating entity that hides behind the educational non-profit status. That difference has made it more characteristic of a business, although it doesn't technically "profit." But when you consider how much ADs and coaches are making, it's hard to argue that it's not functioning as a business.
"No matter how good you are, you're going to lose one-third of your games. No matter how bad you are you're going to win one-third of your games. It's the other third that makes the difference." ~Tommy Lasorda
you think there's ever a point that Congress steps in and says this is outside the purpose of universities and colleges in this nation and starts taxing these ridiculous tv contracts either on the network level or on the conference level? B1G has talked about getting upwards of 40 Million PER SCHOOL for their share of the B10 Network. You can't tell me some politicians wouldn't love to get a hold of that. Just think of what sort of bacon they could take home for that money!
Originally Posted by teamselig
There isn't enough money in college football to pay the players.
http://sports.yahoo.com/photos/tour-...293897454.html
Variatio delectat - Cicero
Texas A&M got $740 million in donations over the last 12 months. That's around 300 million more than had ever been donated in any other 12 month period.
Yep, Manziel doesn't deserve a dime....
http://espn.go.com/college-football/...ns-fiscal-year
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dougdirt (09-19-2013)
Arian Foster says he took money while at Tennessee.
http://espn.go.com/college-football/...see-volunteers
dougdirt (09-20-2013)
I have a problem with Arian Foster making this claim. If he takes money then that is on both Tennessee and Foster. But I can't get behind this claim:
Scholarship athletes are given a stipend for room and board if they do not live on campus. I don't know what that is or how much it amounts to, but if Foster didn't want to go "hungry" as he says he could have stayed on campus and live in the dorm. I would want to know what he did with his stipend before he started asking for money.In an interview for a documentary called "Schooled: The Price of College Sports," Foster said he received extra payments so he could afford rent and food while playing at Tennessee. An excerpt of the documentary was obtained by and posted on SI.com.
Its been the "it" think to do right now is jump down the NCAA's throat about paying athletes. It is a problem and it is something that needs to be addressed. I have yet to see a feasible or even practical plan recommended. But when stories like this about Foster come out a lot of critical information is left out in order to attack the NCAA.
CoachBombay (09-24-2013)
I can't believe that Tenn would slip Foster money because he was not a significant player for them. He was just another RB at the time
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