There's No Money For The Players: 69 Million In Buyouts This Year

Submitted by HelloHeisman91 on

It's time for everyone involved in college football to admit that it has changed.  

 

 

Power 5 programs are paying a combined $69.01 Million in buyouts this year alone...you could give every Power 5 football player around $10,000 with that money...Institutions of higher education are paying $69,010,000 to seven individuals for them to not work #crazy

— Joel Klatt (@joelklatt) December 12, 2017

UMJack1

December 13th, 2017 at 6:53 PM ^

The players are getting paid it's called a free education which amounts to far more than if they were getting money. I love these players and the university but am in no way shape or form in favor of payments beyond free kick ass education

Tex_Ind_Blue

December 14th, 2017 at 12:42 PM ^

Only problem is they are "recruited" to play football first and foremost. So they have to spend a lot of time and effort to be able to do that besides availing the wonderful courses offered in life sciences and geophysics which also require them to travel and do labs and assignments. 

You are taking a non-athletic student life and adding on "free education". I say assume two physically demanding jobs for which you have to spent time outside the working hours. Then add in the free kick ass education. It's not as easy as you make it sound.

ijohnb

December 13th, 2017 at 6:54 PM ^

pay college athletes in the way most people think of it starts a quick and slippery slope toward the end of college athletics. I’m not judging the position, maybe that is what is called for in the circumstances. But you start paying college athletes and college sports as you know them ends. They should be able to profit on their likeness, yes, but you start paying salaries and this whole thing comes down.

In reply to by ijohnb

Longballs Dong…

December 13th, 2017 at 7:20 PM ^

I think profiting from their likeness is a much slipperier slope. suddenly the Cadillac dealership really needs 50 kids in a commercial that never airs but everyone gets a new Escalade. that would be a mess. give every scholarship player a certain amount or nothing. you can't allow a bidding contest or you ruin college football.

Longballs Dong…

December 13th, 2017 at 9:01 PM ^

that is a problem because now college football is a weird have controlled by a few billionaires. Phil Knight decides to spend 50 million to buy a bunch of players. t boon decides to pay 15 million to the next Andrew luck while he's 13 years old. even the professional leagues place caps so this sort of thing doesn't get out of control. You'd end up with a sort of super pac that accepts revenue only to pay for likeness. those kids would benefit but the college game would suffer and possibly disappear. why have 2 professional leagues? maybe this is all ok to some people, but my point wasn't right it wrong, it was that it's a slippery slope to the end of college sports. imagine how bad basketball would be.

AA Forever

December 13th, 2017 at 6:56 PM ^

of what every power 5 football player is already getting from their school, even the ones who contribute little or nothing to the success of their team.  And the ones who sign with the NFL get a lot more out of the deal.

The Oxford Wolverine

December 13th, 2017 at 7:15 PM ^

College football is in this prediciment partially due to the fact that the NFL doesn't have a dedicated minor league system, which would give players the opportunity out of high school to make money from their talents if they're good enough. 

I'd rather have a minor league system, not disimilar to hockey or baseball, that may strip some of the best players from college football, but allow the universities and its teams to maintain their amateurism and intrinsic tie to acadamia.

The Oxford Wolverine

December 13th, 2017 at 7:56 PM ^

I don't disagree, I'm spitballing possible solutions to allow the most lucrative athletes an opportunity to make money straight out of high school if they'd like, through minor league contracts. If a minor league was created, it allows NFL teams to draft the best players out of high school. If you're drafted, you get paid. If you aren't drafted, go to college. Offering them minor league contracts seems like the cleanest solution to paying football players. You can still enter the NFL draft after college if you'd like, but you go into it well knowing that you're an amateur in college.

Not me, but there are alot of us that put their talents to use right out of high school and get paid for it. Allowing a kid that has talent playing football the same opportunity might make the most sense. And it avoids having to open up the legal can of worms in regards to how to pay college athletes fairly across the board, especially in the sports and at colleges that aren't revenue generators.

If not that, maybe allow college athletes to use their likeness for endorsement opportunities, something that allows them a revenue stream outside the juridication of the universities.

old98blue

December 13th, 2017 at 7:35 PM ^

D2 is under the NCAA you going to pay all D2 athletes too? how abou D3,NAIA, Eastern Michigan pays as much as Michigan? If not doesnt that just funnel kids to school that can afford to pay then instead of the power 5 conf. We will have the power 5. A softball player travels and practices as much as a football player do they get the same amount? Or do schools cut sports to pay basketball and football players to remain competitive with the Big boys? So now less student athletes have  opportunities , seems fair

old98blue

December 13th, 2017 at 7:41 PM ^

So coaches are making money we get it it's out of control, but guess where else it's out of control? The corporate world and workers aren't getting a cut of that while the CEOs salaries rise. Bottom line is college athletics is giving an opportunity to kids who might not otherwise have one. It also gives some kids a chance at a better life and memories and friendships without debt. 

Tex_Ind_Blue

December 14th, 2017 at 12:50 PM ^

They already do in academic setting. How is T Boone donating billions to OKSt for a football stadium is different from Ross donating to B-School? End of the day both are helping the respective groups to attract talent. I don't really see what you're objecting to. 

 

Fishbulb

December 13th, 2017 at 7:52 PM ^

A lot of that will be offset by new jobs they will get. How can you pay the players? Does Mo Hurst get the same as a kid redshirting? What happens when you transfer? What about walk-ons?

TESOE

December 13th, 2017 at 8:29 PM ^

goes ...

  • How can you pay the players? 

Tape checks to the inside of their helmets.

  • Does Mo Hurst get the same as a kid redshirting?

Everyone on scholarship gets paid the same.

  • What happens when you transfer?

Everyone on scholarship gets paid.

  • What about walk-ons?

Everyone on scholarship gets paid.

 

That wasn't too hard.  I should get paid.

 

BlueMk1690

December 13th, 2017 at 7:55 PM ^

and it always misses the point. We all know the money is there in *some* places. Texas A&M could and likely would pay NFL salaries to its players and other major powers - especially but not only in the South - wouldn't be far away. Payments would quickly snowball as those schools try to outdo each other, the majority of schools would drop out of that level. It would narrow down to the top 30-40 schools and even within that group there'd be huge disparities between the top dozen or so schools and the rest. Any attempt to regulate payments would be hopeless once that box has been opened (teams would cheat as much as they do now and the same arguments used to argue for any payments would be used to justify the removal of payment restrictions).

And there'd be schools that *don't* really have the money but still spend it in order to keep up. It doesn't make sense for that type of thing to be associated with an educational institution. Pro sports team fail all the time, many run into financial difficulties and go bust, but they're not funded by tuition fees or donations normally. It's only logical for these teams - that are run as businesses - to be organizationally divorced from the universities and to remove any academic component from it.

So you'd quite quickly have a developmental pro league for young players. I'm sure some people would watch it, but minor league sports overall aren't exactly a success story in comparison to college sports. College sports' enduring appeal has been tied to the shared college experience, local pride and a sense of collective ownership. College fans are more fanatical than pro fans and college teams mean more to their communities. The Crimson Tide are Alabama in a way a movable, money-making business like a NFL franchise could never be..the Rams were in St.Louis, now they're in L.A. because of  real estate development schemes. It's all just a transaction and the 'fan' is just defined as the income they generate. Even David Brandon couldn't take Michigan football out of Ann Arbor - even though he consciously chose to imitate pro sports.

Player payments would definitely lead college sports teams aggressively toward that same disconnect between the communities and the sports. It'd be thus the end of college sports. People arguing for it may think they act out of a sense of 'fairness' and they may have some arguments in their favor on that, but they should have no illusions - they are arguing for the destruction of something cherished by themselves and millions of other people.

BlueinLansing

December 13th, 2017 at 7:57 PM ^

but most buyouts (and coaches contracts) are largely paid for by boosters clubs or private donations we never hear about.

Maybe 10 to 20 years ago schools (ie tax payers) footed the bill, but that really isn't true anymore.

 

 

I'd be 100% for paying players in the form of trusts to be paid out after aquiring a degree.  Like say a player wearing #7 gets a small cut of every jersey sold in his 4 years at a school, but that money is put away unitl he earns a degree and reaches an age like 25 or 30.  Something like that.

Sten Carlson

December 13th, 2017 at 8:08 PM ^

I get the indignation at first blush. But, the university’s got themselves into this situation by: a) allowing the “market rate” for top coaches to go up so precipitously; and b) continuing to agree within those contracts to ridiculously large buyouts. The genie cannot be out back in the bottle, but these coaches are getting fabulously wealthy for what amounts to abject mediocrity — see B. Hoke, K. Sumlin, et. al. I think I heard someone say that from the time Mack Brown was let go until the time Herman was hired, UT spent $52MM on salaries and buyouts. That’s a lot of money. But, it is a drop in the proverbial bucket as compared QE1, QE2, Operation Twist, etc. — at one point it was $80B/month!

Perkis-Size Me

December 13th, 2017 at 8:16 PM ^

Don’t like the idea because where do you draw the line in the sand and say enough is enough? How do you decide what the star QB makes vs. the back up long snapper? How do you decide to divvy up the money among the other sports? Should the baseball team make less money even though they play more games and have a much tougher travel schedule?

At some point the non powerhouse schools like Indiana, South Carolina, Washington State and Iowa State all get phased out of the game because they can’t pay what the big boys pay.

At what point do you stop calling it college ball and just call it an NFL D-League?

old98blue

December 14th, 2017 at 4:19 AM ^

The line in the sand is the death of college athletics. Its already happening its just a slow agonizing death. Watch most games on tv and the stadiums are not filled, good players leave in football after 3 years in basketball and hockey after 1 the very pro sports that are supplied talent are killing the sorce they get it from

 

Qmatic

December 13th, 2017 at 9:02 PM ^

Shabazz Napier a couple years back after he won the Nat'l title stated he often went to bed hungry. That helped lead to the unlimited snacks allowing.

ComputerEngineer

December 13th, 2017 at 9:36 PM ^

Since you seem to think college players deserve to get paid so badly, maybe you should create your own minor league and pay the players.  With how much revenue you think the players bring in, you could even pay yourself a 6 or 7 figure salary and make a pretty good living off it.

taistreetsmyhero

December 14th, 2017 at 1:39 AM ^

the only reason those guys get any scholarship money in the first place is because of the revenue sport athletes. There's no reason to change the pool of money that is already allocated to funding scholarships as a part of Title IX. What should change is that some of the excess cash that solely exists because of revenue sport athletes be funneled back to the athletes instead of the NCAA.

PapabearBlue

December 14th, 2017 at 4:32 PM ^

Uhhh, yes it is. When that comp-sci major gets a lucrative contract at graduation they get to boast about it to prospective students. When that music major plays in a big time orchestra they get to boast about it to prospective students.

Even if athletic departments themselves aren't generating profits their teams are seen on espn, abc, fox, etc. every weekend for most of the year. They build loyal fanbases that send their kids to those schools even though the parents never attended. Donors and boosters who may have otherwise stopped caring about a school stay attached to watch a team fight for a national championship and this drives them to make more donations.

Assuming this shit has anything to do with anything other than making money is silly.

PapabearBlue

December 13th, 2017 at 10:29 PM ^

Why does everyone keep saying, "but title ix would stop it".

We're already talking about changing rules to enable paying players. It's just another rule that would need to be changed.

Furthermore, the original text of title ix is

"No person in the United States shall, on the basis of sex, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any education program or activity receiving Federal financial assistance."

This has literally NOTHING to do with paying players. And while, to my knowledge, never seeing a supreme court, it has been ruled acceptable to pay coaches of male teams more since it has nothing to do with federal funding and everything to do with the revenue those individuals generate.

Forbes did an article a couple years ago about this mostly being a red herring argument.

Am I missing something about this or are the people that keep claiming "title ix" just talking out their asses?