Who says College athletes don't deserve compensation above and beyond tuition/room/board?

[theriver55]

Mike Norvell-Florida State buyout details. Norvell would be paid $65 million not to coach the Seminoles or 85% of his base salary and supplemental pay for the remainder of the contract, which expires on Dec. 31, 2031.5 days ago

 

[theriver55]

Florida football coach Billy Napier buyout structure​

• Total: $27,996,875
• Due within 30 days of termination: $13,998,437.50
• Due July 15, 2025: $3,499,609.13
• Due July 15, 2026: $3,499,609.13
• Due July 15, 2027: $3,499,609.12
• Due July 15, 2028: $3,499,609.12

 

[theriver55]

The money train alive and well in college football.

 

[lekidecincinnati]

it's like they are trying to get fired on purpose to collect that money and sit home on the couch

 

[theriver55]

it's like they are trying to get fired on purpose to collect that money and sit home on the couch

less pressure

 

[theriver55]

One thing is clear. The colleges don't hurt for funds if they can dole out those king of buyout guarantees. Who the heck was Billy Napier before they hired him at FLA?

 

[Tanko]

One thing is clear. The colleges don't hurt for funds if they can dole out those king of buyout guarantees. Who the heck was Billy Napier before they hired him at FLA?

Most of these are state run institutions so the money can't becoming from the general funding from teh state to payoff these coaches. I think we can all agree it has to be from alumni and supporters.

So my question is, if they can raise that much money to "get rid of coaches", why can't they raise that money in the same way to pay the athletes? They were doing it under the table before so I'd assume they can continue to do so "legally" now.

But, we're seeing Tennessee raise ticket prices and add a fee specifically to pay athletes NIL money. They've stated the increase it to pay for athletes. This is just the start. It will happen across the board at schools. Did alumni and supporter money dry up when it became legal?????

 

[BMR Genie]

Mike Norvell-Florida State buyout details. Norvell would be paid $65 million not to coach the Seminoles or 85% of his base salary and supplemental pay for the remainder of the contract, which expires on Dec. 31, 2031.5 days ago

This is a dream job with a dream contract!

 

[edawg]

Of course they do the college system has always been ridiculous. It was capitalism for them and communism for the athletes.

 

[theriver55]

Of course they do the college system has always been ridiculous. It was capitalism for them and communism for the athletes.

good point

 

[sharpsquare]

Most of these are state run institutions so the money can't becoming from the general funding from teh state to payoff these coaches. I think we can all agree it has to be from alumni and supporters.

So my question is, if they can raise that much money to "get rid of coaches", why can't they raise that money in the same way to pay the athletes? They were doing it under the table before so I'd assume they can continue to do so "legally" now.

But, we're seeing Tennessee raise ticket prices and add a fee specifically to pay athletes NIL money. They've stated the increase it to pay for athletes. This is just the start. It will happen across the board at schools. Did alumni and supporter money dry up when it became legal?????

greed always shows back up no matter what

 

[Tanko]

greed always shows back up no matter what

That is very true.

 

[seaborneq]

The money used to go for facilities and upgrades. Now that money is going to the players. I haven’t heard of any big stadium upgrades since NIL started when every year the schools tried to one up the other in shiny new upgrades. The money goes to the players, which in brass tax, how schools ultimately win big games.

 

[Tanko]

The money used to go for facilities and upgrades. Now that money is going to the players. I haven’t heard of any big stadium upgrades since NIL started when every year the schools tried to one up the other in shiny new upgrades. The money goes to the players, which in brass tax, how schools ultimately win big games.

Wow. Very insightful seaborneq and very likely the case.
So we can expect stadiums to start to crumble and we can forget about upgraded practice facilities.

I just wonder how state schools get around using tax money for funding NIL payouts. These athletes are not state employees, right? So, how can state funds go towards NIL payouts vs towards building and grounds?

 

[seaborneq]

Wow. Very insightful seaborneq and very likely the case.
So we can expect stadiums to start to crumble and we can forget about upgraded practice facilities.

I just wonder how state schools get around using tax money for funding NIL payouts. These athletes are not state employees, right? So, how can state funds go towards NIL payouts vs towards building and grounds?

It was always a sham that a recruit came to a school because of the new locker room, practice facility or jumbotron. The real reason was always the under the table benefits. Now its the NIL evaluations which have changed everything. Watch carefully how DJU plays out at FSU. That is exhibit A for what happens when you pay the wrong player and need to bench them while paying them. Very combustible.

 

[redrightred]

Wow. Very insightful seaborneq and very likely the case.
So we can expect stadiums to start to crumble and we can forget about upgraded practice facilities.

I just wonder how state schools get around using tax money for funding NIL payouts. These athletes are not state employees, right? So, how can state funds go towards NIL payouts vs towards building and grounds?

For the same reason they pay coaches.

A&M paid $76 million just to get rid of a coach. SMU paid $100 million just to join the ACC. No problems with stadium upgrades.

 

[BobbyFK]

it's like they are trying to get fired on purpose to collect that money and sit home on the couch

Doesn't sound like a bad gig to me