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Post by vbnerd on May 6, 2024 10:08:35 GMT -5
The Green Bay Packers had $541 million in operating expenses last year. That's double any DI athletic department.
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NIL money
May 6, 2024 10:24:41 GMT -5
via mobile
Post by slxpress on May 6, 2024 10:24:41 GMT -5
Why would you limit it to professional athletes? Ever read about how often big lottery winners have their lives impacted negatively? Folks who inherit a lot of money that squander it? How about the Prodigal Son as told by Jesus in the Bible? This isn’t a new dynamic. Of course it’s going to happen. But an alternative to ensuring it doesn’t happen is to make sure they don’t get the wealth in the first place is not the right way to go, either. It's the "NIL caused Harper Murray's DUI" argument, which is easily one of the dumbest takes I've ever seen on this website. I think my problem is that I’m a more flawed human being than the folks who feel equipped to judge her. It’s very easy for me to understand someone making the dumb decisions she’s made, because I’ve made decisions just as dumb or even dumber. I also feel firmly we’re not necessarily doing everyone a favor by protecting them from every dumb decision they might make. Sometimes people need to be allowed to make dumb decisions.
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NIL money
May 6, 2024 10:46:56 GMT -5
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Post by mervinswerved on May 6, 2024 10:46:56 GMT -5
My post was in reply to someone saying the typical operating cost of a large DI program is "far" higher than any NFL team, which is laughably false.
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Post by vbnerd on May 6, 2024 11:34:52 GMT -5
My post was in reply to someone saying the typical operating cost of a large DI program is "far" higher than any NFL team, which is laughably false. And the Packers are average where the Cowboys number is much higher, and I'm sure some are much lower. The packers are also not double any athletic department. Also, except for the Packers the NFL teams are private businesses and are not required to report or share accurate data. And because there is no incentive to make a profit, college athletics budgets don't look like they will have to look if/when some of these new models for athlete compensation take effect. The point of what will happen if this, when that, and how do the numbers compare? We don't know. But it can be fun to guess.
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NIL money
May 6, 2024 11:37:43 GMT -5
via mobile
Post by mervinswerved on May 6, 2024 11:37:43 GMT -5
My post was in reply to someone saying the typical operating cost of a large DI program is "far" higher than any NFL team, which is laughably false. And the Packers are average where the Cowboys number is much higher, and I'm sure some are much lower. The packers are also not double any athletic department. Also, except for the Packers the NFL teams are private businesses and are not required to report or share accurate data. And because there is no incentive to make a profit, college athletics budgets don't look like they will have to look if/when some of these new models for athlete compensation take effect. The point of what will happen if this, when that, and how do the numbers compare? We don't know. But it can be fun to guess. I used the Packers because their financial statements are public record. And their expenses are, in fact more than double any division 1 athletic department.
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Post by vbnerd on May 6, 2024 11:40:30 GMT -5
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Post by vbnerd on May 6, 2024 11:56:17 GMT -5
And the Packers are average where the Cowboys number is much higher, and I'm sure some are much lower. The packers are also not double any athletic department. Also, except for the Packers the NFL teams are private businesses and are not required to report or share accurate data. And because there is no incentive to make a profit, college athletics budgets don't look like they will have to look if/when some of these new models for athlete compensation take effect. The point of what will happen if this, when that, and how do the numbers compare? We don't know. But it can be fun to guess. I used the Packers because their financial statements are public record. And their expenses are, in fact more than double any division 1 athletic department. And you repeat that like it's meaningful. The $40 million in stadium maintenance vs $2.5 million at OSU, that doesn't make you realize they are counting some things different? His/her point was that non-revenue sports cost to much. Your point was that pro sports cost alot. My point is that the numbers are just numbers at this point because we don't have any clue what the lasting structure is going to look like.
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Post by vbnerd on May 6, 2024 11:57:19 GMT -5
One of the overlooked factors is how much D1 athletes are already compensated in comparison to their student peers. There are very, very few academic scholarships that cover all costs. A lot of smart students who contribute research time and energy to their institutions consider themselves lucky to get tuition paid, let alone anything else. Athletes get tuition, room, board, books, food, clothing and stipends whether their sport brings in cash or not. Just because another group of students are underpaid for their labor doesn't mean athletes should be. Despite what Dartmouth basketball says, they still are not "labor." For at least a little while longer, anyway.
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Post by c4ndlelight on May 6, 2024 13:05:22 GMT -5
I used the Packers because their financial statements are public record. And their expenses are, in fact more than double any division 1 athletic department. And you repeat that like it's meaningful. The $40 million in stadium maintenance vs $2.5 million at OSU, that doesn't make you realize they are counting some things different? His/her point was that non-revenue sports cost to much. Your point was that pro sports cost alot. My point is that the numbers are just numbers at this point because we don't have any clue what the lasting structure is going to look like. Yeah, the true story here should be the extent to which our schools hide the true costs of their athletic programs through funky accounting (or just not reporting). Literally, go to your local school district and try to find out how much they are spending on school sports - if they even track it or report it, it's going to be way understated with all sorts of essential expenses hidden elsewhere in the budget.
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