marktheapostle
Blessed
Posts: 1,970
Joined: Feb 2006
Reputation: 71
I Root For: Memphis
Location: Arlington, TN |
RE: College players actually end up owing money even on a full ride?
It is funny how people scream at the hypocrisy of the NCAA yet every college voluntarily belongs to it and the revenue is distributed to these same colleges.
The real racket is how these universities have been able to persuade the business world that their degrees are needed. Most degrees include about 2 years worth of garbage classes. Why should I have to go into major debt (due to the bloated budgets of these universities) so I can study "Faith/Reason/Imagination" when I am going to become a CPA? What does environmental science have to do with debits and credits?
What is more comical is that the company I work has to spend thousands of $$ to train me in their processes because the universities have no clue about the real world.
Yet, I was required to have a degree to get this job...
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| 01-19-2013 09:47 AM |
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NigelTufnel
Spelling Bee Champiun
Posts: 8,129
Joined: Feb 2006
Reputation: 388
I Root For: Ribs and Beer!
Location: Raleigh, NC |
RE: College players actually end up owing money even on a full ride?
(01-19-2013 12:22 AM)MidnightBlueGold Wrote: Actually, Jason Williams COULD have jumped to the NBA if he wanted to. At that time, there was no requirement that you be at least 1 year removed from high school to play in the NBA. Jason Williams was free to leave Duke after every season - and he did not even need to attend Duke if he didn't want, and go straight to the NBA! And when you say he was making Duke millions of dollars - NO he was not. That's like saying a cashier makes a store thousands of dollars a day. Yea, they do, but that doesn't take into account every other department and expenses. Yes, he might have made ONE department some money, but that money goes to the ENTIRE athletic department. And only 10-20 athletic departments ACTUALLY make money every year. So they might help ONE small slice of the university make some money, but in the grand scheme of things, very, very, very, very few athletic departments - as a whole - actually MAKE millions.
Okay ... back then J Williams could have jumped to the NBA, but NOW players don't have the same option and we are living in the now, not the back then.
Your comparison of J Williams to a cashier is absolutely freaking ridiculous. 100,000,000 people can be trained to be a cashier ... there were maybe 25 people on the planet (at most) who could do what J Williams did. I kinda get the point you are trying to make, Duke basketball will make money regardless of whether it is J Williams running the point or some other 4 star guard ... but, they made a whole lot more money because it was J Williams.
Is it a star basketball or football players fault that although there department makes millions, they have to finance the rest of the loser sports (money wise)?
So, yes, there are a lot of athletic departments that lose money or break even ... but it is because the NCAA chooses to support money losing endeavors like swimming, diving, gymnastics, etc, etc, etc.
Ultimately, no one wants to broach the real question, why are colleges involved in athletics in the first place? They have no real relation to the mission of the school. But, we love our school, so we move forward.
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| 01-19-2013 10:11 PM |
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College players actually end up owing money even on a full ride?
