Fair Market Value, College Football Players

[Fingers]

The chart below shows us how much college football players might be worth at the top programs if they were able to play in a free market system and receive compensation in a manner similar to that of the NFL.

We calculated the Fair Market Value of college football players at the 20 most profitable programs using data provided by the Department of Education. Using the NFL's most recent collective bargaining agreement in which the players receive a minimum of 47% of all revenue, each school's football revenue was split between the school and the athletes with the players' share divided evenly among the 85 scholarship players.

Business Insider

 

[MiramarVol]

Come on to UT recruits, you're worth millions to the school.

 

[rtb1983]

THE university of Tennessee. I like it.

 

[GoBigOrangeVols]

9 of the top 20 are SEC schools. Some notably absent schools that I would have thought were highly profitable: Ole Miss, Clemson, UCLA, Wisconsin, Iowa, Miami, USC, Arizona State, Virginia Tech.

 

[chargervol]

Texas just not getting their money's worth.

 

[vols4sure]

Let the stars go play in a minor league system before the NFL takes them and see how much revenue is generated. The vast majority of money in college football is based on the name in the front of the jersey, not the back.

With that said, in my opinion, each school should have a trust set up for some back-end benefit for former players that have graduated.

 

[VolBricks]

They added "The" to UT but left it off "THE Ohio State University"

Interesting UT is 3rd in "Fair Market Value" but 9th in revenue generated.

I guess this means we should sell while our market value is good

NCAA | Finances | USA TODAY Sports

 

[volfan102455]

Let the stars go play in a minor league system before the NFL takes them and see how much revenue is generated. The vast majority of money in college football is based on the name in the front of the jersey, not the back.

Agree - most schools would garner the revenue regardless of who is playing on the field. It is the name, the tradition and the atmosphere of college football that generates a lot of the excitement.

I personally don't really follow the NFL - just doesn't have the same atmosphere as the college game.

 

[KBVol]

Didn't read. Looks like yet another attempt to push the "college football players are mistreated, abused, taken advantage of and are just generally modern-day slaves" agenda.

 

[BeecherVol]

Texas just not getting their money's worth.

Be interesting to see how much over market value some of them are actually spending.

 

[05_never_again]

Didn't read. Looks like yet another attempt to push the "college football players are mistreated, abused, taken advantage of and are just generally modern-day slaves" agenda.

Many of the advocates of the "college players should be paid" argument are SJWs that overstate their argument, but it doesn't mean that they are completely off base.

Can anybody say with a straight face that Johnny Manziel, for example, was fairly compensated for his time at Texas A&M?

The 3rd string offensive lineman on scholarship gets a great deal. The starting QB who isn't quite good enough to go pro gets a great deal. Manziel? Tebow? Newton? Not so much.

 

[volfannbama]

It's gonna be awesome when these guys start getting paid.

- paying tuition
- raising tuition to cover the cost
- hiring accountants
- paying tennessee state taxes
- paying federal taxes
- paying taxes in every state they play in
- paying state taxes in their home of residence
- the ability to fire employees for not fulfilling the contractual obligations
- hiring lawyers to protect them from contractual language
- added pressure of freinds and family wanting money

- it's gonna be awesome

 

[volfan102455]

These numbers obviously don't factor in expenses because if you take the one report and subtract the total expenses from the revenue and then divide that by 85, the average per player is considerably lower.

I think they must have calculated this off the total not taking into account the costs.

 

[volfan102455]

It's gonna be awesome when these guys start getting paid.

- paying tuition
- raising tuition to cover the cost
- hiring accountants
- paying tennessee state taxes
- paying federal taxes
- paying taxes in every state they play in
- paying state taxes in their home of residence
- the ability to fire employees for not fulfilling the contractual obligations
- hiring lawyers to protect them from contractual language
- added pressure of freinds and family wanting money

- it's gonna be awesome

Some have no clue as to what it means to be an "employee".

 

[volfan102455]

Many of the advocates of the "college players should be paid" argument are SJWs that overstate their argument, but it doesn't mean that they are completely off base.

Can anybody say with a straight face that Johnny Manziel, for example, was fairly compensated for his time at Texas A&M?

The 3rd string offensive lineman on scholarship gets a great deal. The starting QB who isn't quite good enough to go pro gets a great deal. Manziel? Tebow? Newton? Not so much.

You don't think the fact that they played and were superstars in the SEC helped their cause?

Most underestimate the value of the exposure locally and nationally, training and use of the facilities that players get while playing football at a big time university. They don't get that at high school and would not get that at schools way down on that list.

 

[KBVol]

Many of the advocates of the "college players should be paid" argument are SJWs that overstate their argument, but it doesn't mean that they are completely off base.

Can anybody say with a straight face that Johnny Manziel, for example, was fairly compensated for his time at Texas A&M?

The 3rd string offensive lineman on scholarship gets a great deal. The starting QB who isn't quite good enough to go pro gets a great deal. Manziel? Tebow? Newton? Not so much.

Any D1 player already gets a phenomenal deal. The perks and benefits go far, far beyond their $100k-$250k scholly (depending on the institution they attend).

And as has already been accurately stated, the real value comes from the name on the front of their jersey, not the back. In other words, for example, had Manziel attended Toledo or Eastern Michigan, nobody would've given 2 ishes who he was and he never wins a heisman. But because he played at TAM and beat Alabama, he got all the accolades and benefits that being affiliated with those great college programs provide.

 

[05_never_again]

You don't think the fact that they played and were superstars in the SEC helped their cause?

Most underestimate the value of the exposure locally and nationally, training and use of the facilities that players get while playing football at a big time university. They don't get that at high school and would not get that at schools way down on that list.

Of course it helped their cause. The "helping their cause" is different from "being compensated." At best it is some kind of potential deferred compensation that is going to be paid by someone else, not their school.

During Manziel's senior season, A&M brought in $740 million in donations, which is $300 million more than any one-year period in the history of the school. It is impossible to gauge how much of that he was directly responsible for, but even if it is just a small fraction of it, does his scholarship even up the scales?

 

[VolPack22]

Texas is overrated. Only reason they are worth so much is because of the Longhorn Network. I bet ESPN is loving how that has turned out for them.

 

[vtvol98]

Do you think Bama's paying theirs more than they're worth?

 

[Gandalf]

Looks like every person whose team is NOT on the list is getting a stellar deal. A value to the school considerably less than the school and board cost covered in a 4 year scholarship (easily over $100k in many schools).

 

[volfannbama]

Many of the advocates of the "college players should be paid" argument are SJWs that overstate their argument, but it doesn't mean that they are completely off base.

Can anybody say with a straight face that Johnny Manziel, for example, was fairly compensated for his time at Texas A&M?

The 3rd string offensive lineman on scholarship gets a great deal. The starting QB who isn't quite good enough to go pro gets a great deal. Manziel? Tebow? Newton? Not so much.

Did anyone force Manzeil / Newton to do anything? If theu wanted to get paid for football out of high school then skip college, go to canada or.something. Lobby the nfl to let kids come straight from high school. It will be a disater. Manzeil, Tebow and Newton all signed multi million dollar contracts based on the platform college provided.

 

[volfan102455]

Did anyone force Manzeil / Newton to do anything? If theu wanted to get paid for football out of high school then skip college, go to canada or.something. Lobby the nfl to let kids come straight from high school. It will be a disater. Manzeil, Tebow and Newton all signed multi million dollar contracts based on the platform college provided.

Exactly! And they also get to do this in an atmosphere were if they have a bad performance they won't get fired or fined.

 

[volfan102455]

Of course it helped their cause. The "helping their cause" is different from "being compensated." At best it is some kind of potential deferred compensation that is going to be paid by someone else, not their school.

During Manziel's senior season, A&M brought in $740 million in donations, which is $300 million more than any one-year period in the history of the school. It is impossible to gauge how much of that he was directly responsible for, but even if it is just a small fraction of it, does his scholarship even up the scales?

Well, I would think the receivers who caught the footballs, the line that blocked for him and the defense that stopped the other team's offense also contributed to the success.

Football is a team sport. Without the supporting characters, he is shacked every time.

 

[TCbodybuilder]

It is not possible to pay them.

The authors need to take a sport finance class. Off hand issues for why it cannot and will not occur:

Very few Athletic Departments turn a profit in FBS.
No one turns a profit below FBS.
Most lose millions and rely on tuition hikes to offset costs.
Non-revenue producing sport athletes would need to be paid as well or hello Title IX violations.
Tuition would sky rocket to where no one went to college.

That is just a few.

 

[swchandler1988]

I don't know if anyone has touched on the Cost of Attendance issue, but UT is in the top 5 for how much they can pay their players a year ($5,666). So a player like Barnett or Dobbs gets nearly $500 a month on top of free room and board (that's a free place to live and food to dumb it down for anyone &#128521, per diem on each trip to a game (not to mention what the get when they go to bowl games good lord), and a free education obviously. I'm not saying that a guy like Barnett is only worth $500 a month, but these players do get an allowance ( which helps us in recruiting as well). Remember that this is an ameteur sport where the real stars of the show go on to make millions. It's not like the NCAA and ESPN is just sucking them dry. They chose to play this sport, it's not a job. They get to do what millions of kids in high school strive for but never get the chance. Let's keep things in perceptive people.

To summarize, college players literally already get paid.