(Today 11:22 AM)bullet Wrote:  NFL quarterbacks are worth more than college quarterbacks.

If that college quarterback is a top-notch summa cüm laude engineering student who can make 4 times as much working at Anderson Consulting after graduation than he would being a second string practice team NFL quarterback, then no, that NFL quarterback is not worth more than the same college quarterback. That's not only basic economics, that's like the first week of Economics 101.

Saying that an NFL player is somehow instrically worth more than a college football player is just how you might feel about things at the moment. If that made-for-college-football-last-round-NFL-draft-pick-one-day-head-coach is the archetype of a college quarterback that is ready to lead your school to its third consecutive national CFP title, you'd pay him WAY more than the few thousands he'd make benching his way out of the NFL too.

(Today 01:04 PM)ouflak Wrote:  

(Today 11:22 AM)bullet Wrote:  NFL quarterbacks are worth more than college quarterbacks.

If that college quarterback is a top-notch summa cüm laude engineering student who can make 4 times as much working at Anderson Consulting after graduation than he would being a second string practice team NFL quarterback, then no, that NFL quarterback is not worth more than the same college quarterback. That's not only basic economics, that's like the first week of Economics 101.

Saying that an NFL player is somehow instrically worth more than a college football player is just how you might feel about things at the moment. If that made-for-college-football-last-round-NFL-draft-pick-one-day-head-coach is the archetype of a college quarterback that is ready to lead your school to its third consecutive national CFP title, you'd pay him WAY more than the few thousands he'd make benching his way out of the NFL too.

Wow! Really coming off the wall with that. Working at Andersen Consulting has less than zero to do with his value playing for Alabama or Miami.

You just ignore basic economics. The lowest valued NFL team is the Cincinnati Bengals at over $5 billion. The Cowboys are worth $17 billion. No college football team generates nearly the revenue and is worth anything near as much as the Bengals. You are just "feeling" and not reasoning.

Basic economics is that perhaps every school but Texas is losing money on athletics. The current level of expenses is unsustainable for everyone if it were an actual market. They would all go out of business.

(Today 01:04 PM)ouflak Wrote:  

(Today 11:22 AM)bullet Wrote:  NFL quarterbacks are worth more than college quarterbacks.

If that college quarterback is a top-notch summa cüm laude engineering student who can make 4 times as much working at Anderson Consulting after graduation than he would being a second string practice team NFL quarterback, then no, that NFL quarterback is not worth more than the same college quarterback. That's not only basic economics, that's like the first week of Economics 101.

Saying that an NFL player is somehow instrically worth more than a college football player is just how you might feel about things at the moment. If that made-for-college-football-last-round-NFL-draft-pick-one-day-head-coach is the archetype of a college quarterback that is ready to lead your school to its third consecutive national CFP title, you'd pay him WAY more than the few thousands he'd make benching his way out of the NFL too.

Your principal of wanting no salary cap for players ignores that even the biggest brands in the sport want it to prevent bankrupting their athletic departments.

Money at the top progams is hardly reliable and stable. Contributions go up and down on a yearly basis. Revenues are very sensitive to staying highly ranked. You think a 50 million dollar cap rev share is punative but that is about all the financial risk these colleges can take on.

Then within the P4 conferences some of them are already buckling at 25 million in revenue sharing. In an absolute free market sure maybe and Ohio State or Texas could do 70 million but very few can afford that.

(Today 01:33 PM)bullet Wrote:  

(Today 01:04 PM)ouflak Wrote:  

(Today 11:22 AM)bullet Wrote:  NFL quarterbacks are worth more than college quarterbacks.

If that college quarterback is a top-notch summa cüm laude engineering student who can make 4 times as much working at Anderson Consulting after graduation than he would being a second string practice team NFL quarterback, then no, that NFL quarterback is not worth more than the same college quarterback. That's not only basic economics, that's like the first week of Economics 101.

Saying that an NFL player is somehow instrically worth more than a college football player is just how you might feel about things at the moment. If that made-for-college-football-last-round-NFL-draft-pick-one-day-head-coach is the archetype of a college quarterback that is ready to lead your school to its third consecutive national CFP title, you'd pay him WAY more than the few thousands he'd make benching his way out of the NFL too.

Wow! Really coming off the wall with that. Working at Andersen Consulting has less than zero to do with his value playing for Alabama or Miami.

You just ignore basic economics. The lowest valued NFL team is the Cincinnati Bengals at over $5 billion. The Cowboys are worth $17 billion. No college football team generates nearly the revenue and is worth anything near as much as the Bengals. You are just "feeling" and not reasoning.

Basic economics is that perhaps every school but Texas is losing money on athletics. The current level of expenses is unsustainable for everyone if it were an actual market. They would all go out of business.

The actual market is education. Think of athletics as the sign out front. Why should the government step in to prevent schools from building gaudy signs if they want to? Stuff like 5 in 5 and forcing players to be students makes sense to me, politically, but the expense limitations some people are proposing don't. That includes the non-school funding NIL cap along with alot of the other "gotcha" amendments that were proposed in the senate version.

(Today 12:28 PM)Frank the Tank Wrote:  

(Today 11:22 AM)bullet Wrote:  NFL quarterbacks are worth more than college quarterbacks. Its a signal that the college system is just a mess and has little to do with economics. Its an irrational exercise in egos on the backs of students and taxpayers.

Its like my Freshman economics teacher said, "Don't ask me about the stock market. If you want to understand the stock market, take a Psychology class."
Right now its kind of like the tulip craze in Holland in the 1630s.

It could depend. There isn’t necessarily a linear relationship between market value and actual skill level. This is quite prevalent in sports: college basketball is more valuable in the marketplace than the G-League, college football is more valuable in the marketplace than the CFL or all of the attempted spring pro football leagues, the Little League World Series is a more valuable TV product than anything baseball event outside of MLB itself, etc.

So, it could very well be the case that an individual’s market value is higher in college than it would be in the pros. A QB that can start for a CFP qualifier is more valuable in the marketplace for a season than that same QB being on the bench or practice squad of an NFL team. We have seen a ton of players that were great in college for football or basketball that didn’t go far in or make it at all to the pros. The fact that their value in the NFL or NBA might be low doesn’t negate that their value to a college team could be quite high and would get paid accordingly.

Let's look at supply and demand.

There are 32 NFL teams. At three each they need 96 quarterbacks.

There are 138 FBS teams. At just two a piece they need 276 quarterbacks. AND - those quarterbacks have at most five years to play. There is much higher demand for FBS quarterbacks. Eligibility requirements don't restrict the NFL to the same degree.

There are legitimate market reasons a top FBS quarterback could draw more money than an NFL quarterback. The demand is higher due to the number of teams. The supply is limited to only those eligible. Those factors are in play regardless of how much money an NFL team has to spend. They are market forces.

(Today 02:50 PM)Claw Wrote:  

(Today 12:28 PM)Frank the Tank Wrote:  

(Today 11:22 AM)bullet Wrote:  NFL quarterbacks are worth more than college quarterbacks. Its a signal that the college system is just a mess and has little to do with economics. Its an irrational exercise in egos on the backs of students and taxpayers.

Its like my Freshman economics teacher said, "Don't ask me about the stock market. If you want to understand the stock market, take a Psychology class."
Right now its kind of like the tulip craze in Holland in the 1630s.

It could depend. There isn’t necessarily a linear relationship between market value and actual skill level. This is quite prevalent in sports: college basketball is more valuable in the marketplace than the G-League, college football is more valuable in the marketplace than the CFL or all of the attempted spring pro football leagues, the Little League World Series is a more valuable TV product than anything baseball event outside of MLB itself, etc.

So, it could very well be the case that an individual’s market value is higher in college than it would be in the pros. A QB that can start for a CFP qualifier is more valuable in the marketplace for a season than that same QB being on the bench or practice squad of an NFL team. We have seen a ton of players that were great in college for football or basketball that didn’t go far in or make it at all to the pros. The fact that their value in the NFL or NBA might be low doesn’t negate that their value to a college team could be quite high and would get paid accordingly.

Let's look at supply and demand.

There are 32 NFL teams. At three each they need 96 quarterbacks.

There are 138 FBS teams. At just two a piece they need 276 quarterbacks. AND - those quarterbacks have at most five years to play. There is much higher demand for FBS quarterbacks. Eligibility requirements don't restrict the NFL to the same degree.

There are legitimate market reasons a top FBS quarterback could draw more money than an NFL quarterback. The demand is higher due to the number of teams. The supply is limited to only those eligible. Those factors are in play regardless of how much money an NFL team has to spend. They are market forces.

But there is virtually an unlimited supply of people who can play QB at the college level. There are a limited number who are talented enough to do it at the pro level. And they generate more revenue and profit.

There may be only a limited number of positions for heart surgeons, but those who do it well enough are a very limited group.

Same with lawyers in patent law or derivatives or mergers & acquisitions. They all earn a premium.

Right now generic geologists are having a hard time finding a job, but specialized geologists are in demand and make very good money even though there aren't that many of them.

People who are the best at what they do in the world earn a premium over less talented people.