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I would assume the costs for a basketball or football athlete are even higher...it makes me wonder, will some schools turn their backs on high level college football or basketball?
yeah only about 50% of college bball programs break even... schools that aren't profitable (e.g. UConn) couldn't possibly afford to pay players directly.... the money would have to come from private 3rd parties via endorsements (as contemplated by Cali's Fair PLay Act) but i think that would still completely ruin the competitive landscape.
imagine what giant public schools like UK could do with all their boosters.... every 5* recruit gets his name on a local car-wash and car dealership (beamer, benz, or bentley included). every 4* recruit gets a laundromat which he can use to wash his dirty money from under-the-table deals with less savory businesses. and so on and so forth
small private schools would be toast- looking at you big east
PS- i know that's not how money is laundered
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