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UNC would pay $1.6 mill/ per year to student athletes
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Dasville Offline
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Post: #1
UNC would pay $1.6 mill/ per year to student athletes
I think this would be a big component in forming another division within the NCAA. Don't think many schools making less than those in the power 5 could afford to do it. It would be a conference vote, not a team by team vote. Great stuff in this interview, he touches on realignment, as well.


http://www.charlotteobserver.com/2013/01...n-for.html


Excerpt:



AC: What concerns you most about finances going forward – coaching salaries, something else?

BC: Probably the biggest concern I have is the NCAA legislation that’s kind of hanging out there. You know, you’ve got the miscellaneous expense allowance. If that went through at $2,000 per student-athlete, to us that means $1.6 million. That’s a big number.

AC: Could you afford that now if it happened tomorrow?

BC: The short answer would be yes. But what long term impact would that have on us? It’d be a reallocation of resources. So does that mean that travel expenses go down, or salaries go down? Something would have to go down to cover that. We don’t have $1.6 in the bank that we could say, oh here, we can put that in there. So the recruiting restrictions, if they come off that could cause more increase expenses – more than we’re anticipating. We do some financial projections that have the normal stuff in there. But we don’t have that in there. If we lost the O’Bannon case and all of a sudden you could pay [athletes], or you’re required to pay [athletes], that’s a whole different animal.
(This post was last modified: 01-10-2013 03:57 PM by Dasville.)
01-10-2013 03:54 PM
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Wolfman Offline
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Post: #2
RE: UNC would pay $1.6 mill/ per year to student athletes
He is assuming they pay every Student-Athlete the full $2k. I can't see Golf, for example, requiring the number of practice/training hours that football does. Or that fencing gets paid anything at all. I can't imagine a sport that requires 2 hours off the field getting the same amount as a sport that requires 20 hours.

It also reopens the debate about what is a sport? Cheerleading? Sport or not, do they get the stipend?

I also wonder what will happen when the IRS steps in and says the schools must issue 1099s for the stipends.
01-13-2013 09:28 AM
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