Congressional proposal would overhaul college sports, require revenue sharing

[Nostical]

Blumenthal is at it again—this time with Sen Corey Booker

Senators' bill would overhaul college sports

The College Athlete Bill of Rights proposal introduced in Congress would create sweeping changes across the NCAA landscape.

www.espn.com

Here’s an excerpt:

“Athletes in sports that generate more revenue than the total amount of money that is spent on scholarships in that sport would be entitled to share 50% of the money left after scholarships are paid. In FBS-level football, for example, the (appointed) national commission would add together the revenue generated by all 130 football programs and subtract the total costs of scholarships at all those programs. Half of the money that is left would be distributed evenly among all players at the FBS level. The sports that currently generate enough money to qualify for this revenue sharing, according to Booker's office, are football (both FBS and FCS levels), men's and women's basketball, and baseball.”

 

[Irishfan]

It seems like this would be the end of all non revenue sports. And probably some revenue sports.

 

[Chin Diesel]

Blumenthal is at it again—this time with Sen Corey Booker

Senators' bill would overhaul college sports

The College Athlete Bill of Rights proposal introduced in Congress would create sweeping changes across the NCAA landscape.

www.espn.com

Here’s an excerpt:

“Athletes in sports that generate more revenue than the total amount of money that is spent on scholarships in that sport would be entitled to share 50% of the money left after scholarships are paid. In FBS-level football, for example, the (appointed) national commission would add together the revenue generated by all 130 football programs and subtract the total costs of scholarships at all those programs. Half of the money that is left would be distributed evenly among all players at the FBS level. The sports that currently generate enough money to qualify for this revenue sharing, according to Booker's office, are football (both FBS and FCS levels), men's and women's basketball, and baseball.”

The worst of the worst ideas. Right now revenue generating sports subsidize non-revenue generating sports.

With this proposal revenue generating programs and athletic departments will be subsidizing other schools.

Anyone want to bet for accounting purposes the cost per scholarship is going to include costs to the unversity per scholarship they have to send to other schools so the other schools' athletes get a piece of the pie.

UConn football players will get paid based on revenue generated by SEC, B1G and ACC schools.

Love how Booker thinks women's basketball is revenue positive across the country or that baseball is revenue positive.

None of the above has anything to do with political party. If this came from Mitch or Rubio I'd have the same to say.

 

[DoctorWho85]

I can see where they're coming from, but they're failing to look at the whole picture and how revenue sports actually fund Athletic Departments across the country. As stated, I think it's a terrible idea, but with some tweaks, I think they can be on to something.

 

[Watchdog]

There could be some really creative accounting that comes out of a proposal like this with the result being less money for the players than these two imagine. But, how can we expect two guys who've never worked where you have to generate more income than you spend, to understand how the real world works.

For example, if the Senators want to treat the players like they're employees, and pay them for playing the games which generate the revenue they want to "share", then all costs the schools incur for the players (not just scholarships) should be expensed from the income generated before it's distributed, as they would for any other job. If you're getting paid and receiving other special services and training you're not a regular student anymore.

First, if they're redshirting, wouldn't that be like an internship and require they be paid little or nothing? And, then wouldn't you pay according to time on the field and give bonuses for touchdowns, sacks, etc?

Allocations for scholarship "costs" would have to include not only the costs typically paid by all students, such as tuition, room and board and fees, but all the additional costs required above and beyond what a typical student receives.

Costs such as: use of the sport specific weight room and equipment; supervision by strength coaches; treatment by athletic trainers; training and medical treatment supplies; treatment by team doctors; meals (for meals that are larger and more calorie laden than the typical students' meals); housing in special dorms; travel to and from practice facilities and games; travel to and from medical appointments and treatments; tutors' expenses; salaries and benefits of the coaching staff and support staff that work with them; yada, yada, yada.

There may not be much left...........

 

[John Greene]

Since his legal machinations and grandstanding did not do enough damage during the OBE breakup, Blumenthal has devised a new way to drive a stake through the heart of the UConn AD.

 

[Ldandy]

Gross. There’s a word for what they are proposing. Socialism. Let’s make the players at Alabama subsidize the players at South Alabama. What could go wrong?

 

[Adios]

If they were socialist, they'd be happy with just scholarships.

The greed and abuse of administrators has wrecked college sports.

 

[the Q]

There could be some really creative accounting that comes out of a proposal like this with the result being less money for the players than these two imagine. But, how can we expect two guys who've never worked where you have to generate more income than you spend, to understand how the real world works.

For example, if the Senators want to treat the players like they're employees, and pay them for playing the games which generate the revenue they want to "share", then all costs the schools incur for the players (not just scholarships) should be expensed from the income generated before it's distributed, as they would for any other job. If you're getting paid and receiving other special services and training you're not a regular student anymore.

First, if they're redshirting, wouldn't that be like an internship and require they be paid little or nothing? And, then wouldn't you pay according to time on the field and give bonuses for touchdowns, sacks, etc?

Allocations for scholarship "costs" would have to include not only the costs typically paid by all students, such as tuition, room and board and fees, but all the additional costs required above and beyond what a typical student receives.

Costs such as: use of the sport specific weight room and equipment; supervision by strength coaches; treatment by athletic trainers; training and medical treatment supplies; treatment by team doctors; meals (for meals that are larger and more calorie laden than the typical students' meals); housing in special dorms; travel to and from practice facilities and games; travel to and from medical appointments and treatments; tutors' expenses; salaries and benefits of the coaching staff and support staff that work with them; yada, yada, yada.

There may not be much left...........

yup. All of those need to be considered.
And the scholarship itself should lose its tax exempt status.

I’m fine with players getting paid. But the deal needs to be fair and make sense all around

 

[Waquoit]

Gross. There’s a word for what they are proposing. Socialism. Let’s make the players at Alabama subsidize the players at South Alabama. What could go wrong?

The market is already restricted in worse fashion than "socialism".

 

[Watchdog]

If they were socialist, they'd be happy with just scholarships.

The greed and abuse of administrators has wrecked college sports.

Amen on the greed!

If anyone hasn't read "Billion Dollar Ball" they should. It recounts, among many other things, how DeLoss Dodds took Texas athletics from about $8 or $10 Million in total revenue when he started in 1981, to somewhere over $130 Million by the time he was nearing retirement in 2013 (when football alone was bringing in over $80 Million per year) and now it's risen to $223.9 Million as of 2019. And how much does DB have to work with at UConn?

Interesting to see they're tearing down the 42 year old, 17,000 seat, Erwin Center (basketball arena) and building a new facility that will seat 10,000 for basketball and 15,000 for concerts for a cost of a cool $338 Million (helped along by a $130 Million grant). It should be a real palace based on that cost. Also interesting they're reducing seating by over 40% which is strange because the Austin region, just like all of Texas, is booming with companies relocating from California.

Just compare that project to how old the XL Center is and how we just keep nickel diming little renovations but never take the big steps others are taking.

 

[DoctorWho85]

Amen on the greed!

If anyone hasn't read "Billion Dollar Ball" they should. It recounts, among many other things, how DeLoss Dodds took Texas athletics from about $8 or $10 Million in total revenue when he started in 1981, to somewhere over $130 Million by the time he was nearing retirement in 2013 (when football alone was bringing in over $80 Million per year) and now it's risen to $223.9 Million as of 2019. And how much does DB have to work with at UConn?

Interesting to see they're tearing down the 42 year old, 17,000 seat, Erwin Center (basketball arena) and building a new facility that will seat 10,000 for basketball and 15,000 for concerts for a cost of a cool $338 Million (helped along by a $130 Million grant). It should be a real palace based on that cost. Also interesting they're reducing seating by over 40% which is strange because the Austin region, just like all of Texas, is booming with companies relocating from California.

Just compare that project to how old the XL Center is and how we just keep nickel diming little renovations but never take the big steps others are taking.

Austin, I've heard, is one of the nicest cities to live in the entire country. I was trying to transfer there back in 2016, but ended up getting laid off by that job. I'm happy I didn't because I love the job I got here in CT.

 

[Slick]

Amen on the greed!

If anyone hasn't read "Billion Dollar Ball" they should. It recounts, among many other things, how DeLoss Dodds took Texas athletics from about $8 or $10 Million in total revenue when he started in 1981, to somewhere over $130 Million by the time he was nearing retirement in 2013 (when football alone was bringing in over $80 Million per year) and now it's risen to $223.9 Million as of 2019. And how much does DB have to work with at UConn?

Interesting to see they're tearing down the 42 year old, 17,000 seat, Erwin Center (basketball arena) and building a new facility that will seat 10,000 for basketball and 15,000 for concerts for a cost of a cool $338 Million (helped along by a $130 Million grant). It should be a real palace based on that cost. Also interesting they're reducing seating by over 40% which is strange because the Austin region, just like all of Texas, is booming with companies relocating from California.

Just compare that project to how old the XL Center is and how we just keep nickel diming little renovations but never take the big steps others are taking.

Xl center should be torn down. Awful facility,

 

[uconnfan68]

Blumenthal is at it again—this time with Sen Corey Booker

Senators' bill would overhaul college sports

The College Athlete Bill of Rights proposal introduced in Congress would create sweeping changes across the NCAA landscape.

www.espn.com

Here’s an excerpt:

“Athletes in sports that generate more revenue than the total amount of money that is spent on scholarships in that sport would be entitled to share 50% of the money left after scholarships are paid. In FBS-level football, for example, the (appointed) national commission would add together the revenue generated by all 130 football programs and subtract the total costs of scholarships at all those programs. Half of the money that is left would be distributed evenly among all players at the FBS level. The sports that currently generate enough money to qualify for this revenue sharing, according to Booker's office, are football (both FBS and FCS levels), men's and women's basketball, and baseball.”

It seems like you, and most other commenters have zeroed in on 1 part of the proposal, and have already formed negative opinions based solely on that potential point.
I really liked a lot of it, and felt it much to the benefit of most athletes.
I thought that particular point wasn’t fully baked, and that’s what debate and compromise can resolve.

 

[CL82]

Blumenthal, the gift that keeps on giving.

[Sighs]

 

[huskyblooz]

If Blumenthal is involved, we are PHUKD