It figures Northwestern would start the process of killing collegiate athletics...since they suck at most them anyway...
Counterpoint:
http://espn.go.com/ncb/boxscore?gameId=400544674
It figures Northwestern would start the process of killing collegiate athletics...since they suck at most them anyway...
How much can you pay them, though? The NW scholly is $75,000 grand of compensation a year--none of which is cash. That alone would generate a significant tax bill that would have to be covered with a cash payment (which itself would be taxable).
The school would have to come out a ton of money before the athletes even see a benefit above and beyond what they currently receive.
Article says that the NLRB does not have any jurisdiction over state schools, but how long before that changes?
It goes beyond a strait $75k. The university will put a premium cost on training table vs regular board. They will also assign a valued for medical, tuturing, other student services, training, access to the state of the art workout facility, and they will assign a value of the degree(for athletes), etc. There will be other things too. Annual comp will exceed 6 figures, and yes it should be taxable.
It will kill them competitively. The path of least resistance is to not offer as scholly, but pay them based on the things above, and bill them for time and services provided and utilized. They may choose to pay a ubill, pay for their training, so forth and so on. Non compliance isn't met with running steps, rather with a mediator hearing a grievance.
NW admin should play the hardest of hard ball
Or the IRS could make up some bs opinion that they are not employees for federal income tax purposes. Or Congress could try to exempt them.
So there will either be income taxes or a logical inconsistency to "band-aid" the situation.
LIKEIt figures Northwestern would start the process of killing collegiate athletics...since they suck at most them anyway...
There are two possible outcomes that I see in 5 years:
1. College athletics becomes nascar with jerseys full of sponsors and every "student-athele" with an agent coming out of high school.
2. This completely backfires on the players wanting to unionize with a resurgence of true amaturism. Kids playing sports for the pride of their school.
Unfortunately, outcome 2 will pretty much never happen.
This ruling is far from being effective since title 9 makes it sure that women have to have even rulings.
Since there are no womens sports that can cover the revenue it aint going to make a difference,
excuse my typing i am drunk
As a college sports fan, this all makes me very nervous. Stepping back and looking at it objectively, this seems like the basic principles of economics in action. College football seems to be awash with cash - look at facilities, coaches salaries, multi billion dollar TV contracts, etc - but we've managed to keep players satisfied with (1) free education and (2) school pride. I don't mean to degrade the value of a free education (I get the impression a lot of college athletes probably under-appreciate what they are getting there), but if you put yourself in the player's shoes - you're putting in 40+ hrs a week and it seems like every month there's somebody getting a big raise or a fancy new weight facility going up or a big TV deal being signed...you'd start to wonder, I think.
Personally, if they are going to unionize, I would like to see them (1) get their post-career medical needs taken care of for anything resulting from their playing career and (2) get a reduction in the number of hours they spend in-season. If they are really being asked to do 40-50 hrs of work during the school year, that is totally unacceptable (no wonder they don't all recognize the value of the free education, because the school doesn't seem to value education at all by making them put in ridiculous hours on top of their school work). They need to re-do the traditional calendar - have the kids do 40-50 hrs a week during the summer, then cut those hours way down (to like, 25 maybe) during the school year and let them have the spring off in preparation for summer camp to start up again.
There is a misconception that athletic departments are awash with cash. Granted, AD's and coaches make a decent chunk of change, but there is only a small fraction of athletic departments that are even self-sustaining.
"Just 23 of 228 athletics departments at NCAA Division I public schools generated enough money on their own to cover their expenses in 2012."
http://www.usatoday.com/story/sports/college/2013/05/07/ncaa-finances-subsidies/2142443/