All Hokie, All the Time. Period. Presented by

Virginia Tech Basketball Board

Vippie1

Joined: 10/07/1999 Posts: 10784
Likes: 8724


A lot to unpack but I'll try to clarify a couple of points


As an aside, in what I do for a living we generally take incoming from the other side- we are considered the whipping boys for capitalism gone amuck , so getting characterized as Communistic may be my new badge of honor for me :)

Anyway the first point is practical. I don't think VT can succeed vis-à-vis their competition in this new world. If Will Stewart/TSL want to do a deal for a couple of thousand bucks to a player to do some podcasts or whatever- that is a legitimate business purpose- TSL is betting the investment will pay off in added subscriptions or other ways. Cool! Everyone wins (or at least goes into it thinking so). On the other hand , for example Kevin Plank and Under Armour & Co wants to find a way to help Maryland attract the highest level recruits possible. Is there anything stopping them from implicitly implying that any basketball or football recruit is going to get a 'good " deal (and having Coach Lock and Coach Turg and staffs make sure the recruits get the message)? The "deal" will have no basis in economic reality for Under Armour- Plank just wants his team to win. How is VT going to end up in those type recruiting battles? Maybe there is something in the legislation that I don't know about which prevents any deal that can't be defended by the Company in legitimate economic terms. If so let me know. Otherwise it is just free agency to the highest booster bidder. I have my value judgement about that in regards to college athletics, but that is beside my point- that VT will not fare well in this kind of market.

Secondly, about my fantasy. Let's start with this premise- that all of this is a result that college athletics generates billions and none of it (or little) is going to the players generating that income. It is true- but where is this windfall going? Not to new research facilities on campuses , not to the general fund to help lower everyone's tuition. No it is plowed right back into the athletic department to fund the arms races in coaches salaries, staffs, and facilities. What is VT's athletic budget - $90mm or so? I dont really know. But bear with me. If you gave a $20k annual stipend (above everything else) to scholarship players in the two major revenue generating sports- that is basically 100 athletes times $20k, or about $2mm a year. Or maybe it goes to $30k and $3mm. How are schools going to zero out the budget- I dont know- why not try more reasonable coaches salaries, or staff requirements , or not building outlandish facilities. Maybe the "profits" should go to the player's and not the coach's palatial homes or new player lounges etc. Just a thought. But that's the extent of the gig- players sign up for that - nothing under the table. Or they go truly pro and get what they think is their "full" market value. Bama, Kansas St and VT are all living under the same way of doing things. Maybe lesser division schools do only $10k stipends. Bottom line- isnt something like that better for college athletics in general and the 100 athletes in question in general then where the current system is going to take us? Look the horse is already out the barn now- what i propose aint gonna work now. But if we had gotten to something like that before the courts got involved, IMO we'd be in a much better spot - both for VT specifically and the college athletics in general.

(In response to this post by GCHokie34)

Posted: 09/09/2021 at 11:01AM



+2

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
Do we have the NIL "machine" in place to compete for -- VT ChemE 1986 09/08/2021 10:37AM
  Not if the fan base hides their head in the sand... -- GCHokie34 09/08/2021 7:23PM
  That's a very good point -- VTChip 09/10/2021 11:36PM
  As a M&A professional -- Vippie1 09/08/2021 7:37PM
  The big dollars are coming from national brands... -- GCHokie34 09/08/2021 7:54PM
  Im not at all against players -- Vippie1 09/08/2021 8:33PM
  Communism is probably not the best avenue... -- GCHokie34 09/08/2021 8:45PM
  What's the market value -- N2VT2 09/09/2021 7:09PM
  Wow... ** -- NokieHokie 09/09/2021 9:24PM
  Uh...what? ** -- GCHokie34 09/09/2021 8:39PM
  Even if so... -- GCHokie34 09/09/2021 9:30PM
  That’s true. ** -- RJHokie 09/09/2021 10:00PM
  Communism.... -- Hokie2125 09/09/2021 12:51PM
  Whichever one youd like for it to be... -- GCHokie34 09/09/2021 12:57PM
  Thank you... -- GCHokie34 09/09/2021 11:42AM
  Not saying it hasnt happened... -- GCHokie34 09/08/2021 8:29PM
  BINGO! ** -- NokieHokie 09/08/2021 7:56PM
  By NIL machine you mean bribes or? -- Vippie1 09/08/2021 4:03PM
  However you want to name it -- VT ChemE 1986 09/08/2021 4:33PM
  We can play the game -- Vippie1 09/08/2021 5:39PM
  Oh noooooo taxessssssss.... -- GCHokie34 09/08/2021 7:18PM
  There is a third assumption that is much darker ** -- st_andrew 09/09/2021 11:21PM
  Not sure they are kids. -- N2VT2 09/09/2021 7:04PM
  You lost me. Is this a counterpoint to something? ** -- Hokie622 09/10/2021 07:51AM
  Who has said otherwise? ** -- NokieHokie 09/09/2021 9:23PM
  If theres anyone who is well-equipped... -- GCHokie34 09/09/2021 08:31AM
  That’s true. -- RJHokie 09/08/2021 7:19PM
  Thats the thing... -- GCHokie34 09/08/2021 8:32PM
  For the same reason bar tenders under-report tips ** -- Hokie622 09/09/2021 08:42AM
  Which has nothing to do with NIL ** -- GCHokie34 09/09/2021 09:04AM
  Yeah I agree. Just answering the question.** -- Hokie622 09/09/2021 09:39AM
  It would depend the payor/donor circumstances. -- RJHokie 09/08/2021 8:45PM
  Well youre talking about tax fraud... -- GCHokie34 09/08/2021 8:50PM
  The original post going down this path... -- GCHokie34 09/08/2021 9:14PM
  You might be surprised..... -- RJHokie 09/08/2021 9:30PM
  I agree with all of that... -- GCHokie34 09/08/2021 10:09PM
  Many likely have not. Not uncommon among that age group ** -- Nelsonia Hokie 09/08/2021 2:56PM
  Big difference between an employer -- VT ChemE 1986 09/08/2021 2:55PM
  It is reality. -- legalaire 09/08/2021 10:47AM

Tech Sideline is Presented By:

Our Sponsors

vm307