What about the athletes themselves who are taking years off their lives, while getting absolutely no compensation?
What about the athletes themselves who are taking years off their lives, while getting absolutely no compensation?
[0] Really hard to quantify, but comparing the revenue effects and higher order revenue generation of programs with elite head coaches to mediocre head coaches leads to this value.
So he's making about 1/10th what he should, or 10% of his value.
Best student athlete is worth 8 million. They make $0. They're making 0% of their total value back.
The cost of the education is meaningless. It's all arbitrary and basically monopoly money costs. Oh, you're getting a full ride to a school that would normally charge you $50K? That's great, but it's not of real value in the same way that actual cash is.
This is why I'm a big fan of California's move to allow students to take endorsements.
There is a market for minor league football, and that market is being met by college sports.
1. They are compensated with a degree, and not to mention the "luxury" benefits that come with being an athlete: better food, housing, tutors, golf carts for class, etc.
2. No one is forcing them to go to college.
If you get injured, poof scholarship