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  1. upstater

    Yet another massive headache for the NCAA... (link)

    ?? Summer and winter sessions are huge profit makers for schools. WHy are we eliminating them? Schools are paying $3k per class to the employees, that's below minimum wage. What are you trying to accomplish? That link you gave shows the athletes are making less than $900k per athlete which is...
  2. upstater

    Yet another massive headache for the NCAA... (link)

    I would say that TAs and regular students are certainly sources of big revenues to the university. They are probably the main source of revenue at most universities.
  3. upstater

    Yet another massive headache for the NCAA... (link)

    I agree with this, but this is the reason I compared the 2 in the first place.
  4. upstater

    Yet another massive headache for the NCAA... (link)

    TAs in this country teach a 1-1 or a 2-2 plus summer and winter sessions to make ends meet. Let's take a B1G school. Penn State. They teach a 2-2. You pick up an extra course in the summer for $3k. 5 courses x 40 students = 200 students a year. $4.5k per student ($1k for in-staters, $2k out...
  5. upstater

    Yet another massive headache for the NCAA... (link)

    O, so, they're in the same class as athletes.
  6. upstater

    Key tweets, and it's all gone to Hell.

    U. Cal-Berkeley also has the same problem. We've seen this happen at West Virginia where the revenues didn't come close to the cost of the stadium and at Oklahoma St when T. Boone Pickens' donation went belly-up. Lucky for them he came back a decade later and made good.
  7. upstater

    Key tweets, and it's all gone to Hell.

    The one thing never taken into account is the massive liabilities of the schools. They are funding the AD and everything looks good, but 99.9% of the ADs have no outstanding debt for stadiums and facilities because the schools have fronted all of that with bonds. We've seen this blow up on...
  8. upstater

    Key tweets, and it's all gone to Hell.

    But that has nothing to do with the Exit Fee. It's a fee for Texas being in the SEC. It's not making them whole at all. It's their 2024-2025 media rights fee.
  9. upstater

    Key tweets, and it's all gone to Hell.

    So many gov'ts that got involved in these "investment" deals ended up crying to the IMF later. Goldman Sachs used to give new ministers a lot of sugar up front, and the balloon payment came do years later when the next minister took office.
  10. upstater

    Yet another massive headache for the NCAA... (link)

    This is the whole problem. You have students, TAs, that bring even more money to the university, and they don't receive this compensation either. You have a whole class of employees. The whole thinking is weird, especially when the vast majority of the schools ADs are in the red. Makes you...
  11. upstater

    Yet another massive headache for the NCAA... (link)

    This really changes everything institutionally. The class of employees is treated entirely different than students, both inside institutions but also state by state. It's a sea change.
  12. upstater

    Yet another massive headache for the NCAA... (link)

    You think that athletes being treated as employees is no big deal? It's a sea change from the current system.
  13. upstater

    Yet another massive headache for the NCAA... (link)

    The point is that the NCAA doesn't make the rules anymore. As for public vs. private, it's all workers. The lawsuit was brought by a private company. So even though the judge temporarily blocked it for gov't workers, the ones seeking relief in the actual suit were a private company.
  14. upstater

    Yet another massive headache for the NCAA... (link)

    The NCAA oversees amateur athletics. If athletes are workers, the NCAA can't legislate anything. This is all state law. So, for instance, Texas just got rid of their overtime law where overtime workers receive overtime pay. How can the NCAA step in and tell U. Texas what to do when it comes...
  15. upstater

    Key tweets, and it's all gone to Hell.

    Youve been hanging out with the Dude of WV too much
  16. upstater

    Key tweets, and it's all gone to Hell.

    So Texas decided to pay $$$$$ because they had bad academic business acumen. What's your business? Delusion? What did UConn pay? The conference attitude in these situations is always the same. To quote a famous businessman, "not a dime less."
  17. upstater

    Yet another massive headache for the NCAA... (link)

    The court is looking at anything run by university staff that requires students to spend long hours and which charges admission. The scholarship question is excellent. Isn't that compensation?
  18. upstater

    Yet another massive headache for the NCAA... (link)

    If we go back to Renaissance Italy, it's financiers. That was the biggest innovative and technological revolution in human history. Within a hundred years, they were awash in financiers. People were peddling shares on the streets.
  19. upstater

    Yet another massive headache for the NCAA... (link)

    Schools lose a ton of money on sports. They aint making anything
  20. upstater

    Yet another massive headache for the NCAA... (link)

    The vast majority of sports operate in the red. In fact, you could say that about top teams as well.
  21. upstater

    Yet another massive headache for the NCAA... (link)

    But Chuck your final paragraph is how the vast majority of D1 sports already operates. That $750-1k a year fee subsidizes the athletic department. Congress could've solved all of this by forcing coaching/AD caps and allowing antitrust. I suspect that wouldn't hold. The only sane solution at...
  22. upstater

    Yet another massive headache for the NCAA... (link)

    But... this is all competitive athletes. It's not going to be only football and basketball kids get paid. And, all these schools are now going to have to bump up their pay to TAs to. If TAs were paid an hourly rate, their take home pay would skyrocket.
  23. upstater

    Key tweets, and it's all gone to Hell.

    For the B1G and SEC yes. For the B12?
  24. upstater

    Key tweets, and it's all gone to Hell.

    It could be negotiated. But even if it's half that (and the recent Texas negotiation with the B12 tells us that the fee will be much more than half) it still is so exorbitant that you won't make up the difference in the B12 versus current ACC contract over the next 10 yrs. In other words...
  25. upstater

    Yet another massive headache for the NCAA... (link)

    Athletes are employees. And if athletes are employees, why aren't theater students employees? https://www.espn.com/college-sports/story/_/id/40541501/court-ruling-seeks-test-decide-athletes-employees
  26. upstater

    Key tweets, and it's all gone to Hell.

    Are you drinking early in the day? The exit fees are spelled out. The lawsuit is over GOR. Both conferences are worth more with the most better schools. Right now the ACC has them and the B12 doesn't. Deal with it. Also, BYU sucks... at everything.
  27. upstater

    Key tweets, and it's all gone to Hell.

    You're always moving the goalposts of the discussion. We're talking about the money. The exit fees are substantial. We already know their value. This isn't a mystery. I'm not sure why you're even questioning that. If you subtract the small amount the B12 is slated to make over the ACC from...
  28. upstater

    Key tweets, and it's all gone to Hell.

    ?? Clemson and FSU are in the ACC. I'm comparing the two football conferences as they exist. Georgia Tech has won one as well, not only Miami
  29. upstater

    Key tweets, and it's all gone to Hell.

    And that's not enough. The ACC is already ahead of them and is cleared to that amount until 2036. At $50m, they'll never make back the exit fees + what they would've made in the ACC by staying put. And in 10 yrs when the lawsuit is over, the chances are that none of these conferences will even...
  30. upstater

    Non-Key Tweets

    It was $2m signing bonus. We're talking about hundreds of millions of dollars here.
  31. upstater

    Key tweets, and it's all gone to Hell.

    We're talking about the money. As for having accomplished much in football, neither conference has. Utah, TCU and Baylor are no great shakes either, certainly not more impressive than Miami, Georgia Tech, etc.
  32. upstater

    Non-Key Tweets

    If that's true, I wonder if this includes Notre Dame. I assume it does. If so, you have Virginia and Notre Dame to the B1G. I also assume the B1G wouldn't want to stop there. They'd want UNC as well, which would have to be paired up with another school (Miami, FSU, Duke, Virginia Tech, NC...
  33. upstater

    Key tweets, and it's all gone to Hell.

    Do the math. It's not going to work when you have payouts to the ACC. No matter the higher payout in the B12. And the B12 would encumber them on the backend. Especially now that the B12 has a zillion members in it. Why would Colorado or Arizona or Utah agree to their buy-in while Clemson is...
  34. upstater

    Key tweets, and it's all gone to Hell.

    Why was he so reluctant to do this for Texas and Oklahoma?
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