JonDMiller
Publisher/Founder
Miller: Athletes Getting Paid AlreadyHawkeye Nation
Also, once we factor in what it costs to pay for an out of state player for four or five years, all costs here like tuition, room and board, per diem, training table, travel to and from games (their brands are being built on the road too, so there has to be a shared cost), training, equipment depreciation, etc….then take a stab at how much a star player nets for a school….I am guessing the percentage will be akin to a sales commission.
Say Ricky Stanzi generated $1mil in value for Iowa via marketing, licensing, promotion, etc…and his cost of scholarship was around $200k….that’s a 20% commission…those of you in sales, you know that ain’t crazy. Then most of the athletes are not stars like Stanzi…not to mention most every female athlete….and you ain’t gonna have a system where the ladies aren’t getting the same as the men. This argument is such a waste of time based on Title IX alone
PM ADDITION: I am adding this at 12:40pm after coming across some concrete numbers for the University of Iowa...these numbers reflect just tuition and room and board, per semester, for an OUT OF STATE athlete on scholarship...which is the majority of the football and basketball teams, 100% of the field hockey team which is the 2nd most expensive sport at Iowa relative to scholarship costs as there isn't a native Iowan on the team and it operates at a loss.
Out of state tuition: 13,465.50 a semester
Room and board: 4682.5 a semester
If off campus later in careers, off campus housing award is roughly $4,000 a semester that is sent in installments
That's a freshman year total of $18,148. Back it off $1,365 after freshman year assuming the players move out of the dorms after one year
FRESHMAN: $18,148/semester x2 = $36,296 per year
SOPH-SENIOR (x3): $16,783 x2= $33566 per year x3 = $100,698.
FOUR YEAR TOTAL: $136,994
add additional costs for the fifth year...but there could be minimal credit hours involved, but the $8000 in annual off campus room and board is still in play.
So let's just call it $140,000 for ease of discussion and most players are there beyond four years.
Those are not estimated costs, those are actual costs as of September 26th, 2013. Add to this the free healthcare that each student athlete gets while at Iowa...some of those players could be on their parents plan, some of their parents are not insured. But there is no monthly premium, no co-pay, etc for these plans. None at all. They are covered, just as they would be if they were playing professionally.
That value doesn't include the amazing value opportunity they receive from building their personal brand on the fields of the B1G. They don't pay any costs associated with the maintenance, upkeep and construction of Kinnick Stadium or Carver Hawkeye, nor should they...they are receiving their just and agreed up reward; a free ride...and they get the amazing benefits that go along with that. If some of them need tutoring, they don't have to pay for that. They don't have to pay extra for the world class strength training and nutrition they have access to. They don't have to pay a health club membership fee to access the football facilities.
It's not a stretch to say there is $200,000 in value from a scholarship. The USA Today suggests the value for a basketball scholarship is upwards of $600k.
The players are 'getting paid' and they (as well as others) are naive to think this is an unfair deal. How many other 18 year olds are receiving that value for their services? And it's not a one-off value; it's an accruing value and the ability to build their own brand in a state or region hold incredible value...as you'll see if you read the article.
Also, once we factor in what it costs to pay for an out of state player for four or five years, all costs here like tuition, room and board, per diem, training table, travel to and from games (their brands are being built on the road too, so there has to be a shared cost), training, equipment depreciation, etc….then take a stab at how much a star player nets for a school….I am guessing the percentage will be akin to a sales commission.
Say Ricky Stanzi generated $1mil in value for Iowa via marketing, licensing, promotion, etc…and his cost of scholarship was around $200k….that’s a 20% commission…those of you in sales, you know that ain’t crazy. Then most of the athletes are not stars like Stanzi…not to mention most every female athlete….and you ain’t gonna have a system where the ladies aren’t getting the same as the men. This argument is such a waste of time based on Title IX alone
PM ADDITION: I am adding this at 12:40pm after coming across some concrete numbers for the University of Iowa...these numbers reflect just tuition and room and board, per semester, for an OUT OF STATE athlete on scholarship...which is the majority of the football and basketball teams, 100% of the field hockey team which is the 2nd most expensive sport at Iowa relative to scholarship costs as there isn't a native Iowan on the team and it operates at a loss.
Out of state tuition: 13,465.50 a semester
Room and board: 4682.5 a semester
If off campus later in careers, off campus housing award is roughly $4,000 a semester that is sent in installments
That's a freshman year total of $18,148. Back it off $1,365 after freshman year assuming the players move out of the dorms after one year
FRESHMAN: $18,148/semester x2 = $36,296 per year
SOPH-SENIOR (x3): $16,783 x2= $33566 per year x3 = $100,698.
FOUR YEAR TOTAL: $136,994
add additional costs for the fifth year...but there could be minimal credit hours involved, but the $8000 in annual off campus room and board is still in play.
So let's just call it $140,000 for ease of discussion and most players are there beyond four years.
Those are not estimated costs, those are actual costs as of September 26th, 2013. Add to this the free healthcare that each student athlete gets while at Iowa...some of those players could be on their parents plan, some of their parents are not insured. But there is no monthly premium, no co-pay, etc for these plans. None at all. They are covered, just as they would be if they were playing professionally.
That value doesn't include the amazing value opportunity they receive from building their personal brand on the fields of the B1G. They don't pay any costs associated with the maintenance, upkeep and construction of Kinnick Stadium or Carver Hawkeye, nor should they...they are receiving their just and agreed up reward; a free ride...and they get the amazing benefits that go along with that. If some of them need tutoring, they don't have to pay for that. They don't have to pay extra for the world class strength training and nutrition they have access to. They don't have to pay a health club membership fee to access the football facilities.
It's not a stretch to say there is $200,000 in value from a scholarship. The USA Today suggests the value for a basketball scholarship is upwards of $600k.
The players are 'getting paid' and they (as well as others) are naive to think this is an unfair deal. How many other 18 year olds are receiving that value for their services? And it's not a one-off value; it's an accruing value and the ability to build their own brand in a state or region hold incredible value...as you'll see if you read the article.
Last edited:
