Look Who's Transferring Now (The Basketball Portal)
- By DZ83CK
- Buckeye Basketball
- 366 Replies
I would say that the lucrative nature of college coaching contracts you mentioned absolutely is a motivating factor driving some of these NIL prices sky high. I don't think it's a coincidence that no low major like a Toledo or Akron, whose coaches make relatively little, has a booster ponying up big bucks for any of these players. I do feel that at some point there needs to be an authority that helps set the rates of pay for college athletes (amounts which would vary based on the circumstances obviously) - possibly much of this could be done through collective bargaining but if players don't want to unionize then the NCAA needs to step up and do it. One way to sort it out is, if the player disagrees with the amount he's offered, hiring a ton of arbitrators to evaluate each player's value with all things considered - they do it all the time in pro sports.Well if we are going by rationality, no one would pay it if they didn't, ultimately, see the value in it. Now that can look different to different people but in the end, you have to go from the baseline of rational actors so there is no way to say what the players are "worth" any more than there is a way to say what any entertainer is worth. The value of something in the market is the price someone else is willing to pay. The IRS can make up market values because, well, they are the IRS but in reality how do you objectively define what someone's pay is "worth"?
I agree that NIL is a sham in that it's really pay to win but then again, no shit. That's what the coaches are paid for too.
NIL is, to me, is a direct consequence of the abuses of the past. The game was rigged against players, SCOTUS had to finally step in because the old system wouldn't reform at all and now NIL is the workaround.
Abuse leads to restrictions.
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