Joined: Mon Aug 03, 2015 5:25 am Posts: 2783 Location: Hoboken, NJ
The Value of a D-1 Scholarship
I was listening to a podcast this morning where, like many, there were contributors suggesting that Division 1 football and basketball players get nothing for their services. I thought this was a little ridiculous, as I think we all know that these student-athletes don't get a market rate for their services (at least very few do), but they absolutely get more than zero. So I did a little back of the envelope calculation. For UofO-
(from financial aid office) Tuition and Fees: $11,898 (in-state), $35,478 (out-of-state) Room and board: $11,922 Books and supplies: $1,146 Personal expenses: $2,034 Transportation: $1,290
Obviously this isn't where player benefits end. Two things to add in are academic support and then athletic support (coaching and training).
Tutor cost- $35/hr, 5hrs per week, 30 school weeks per year = $5,250
Coaches and trainers is particularly hard, because the amounts they are paid right now are not indicative of a free market. Because players aren't paid, that money tends to funnel toward infrastructure, recruiting costs, coaches' salaries, athletic director salary, and operational costs for non-revenue sports. So I'm just going to take a wild stab at what market rates COULD be and use those.
Head coach (1) - $500k salary, $50k benefits Assistant coaches (10) - $200k salary, $40k benefits Trainers, nutritionists, advisors (6) - $75k salary, $20k benefits Total cost of staff: $3.52 million Players on roster: 100 Athletic support per player: $35,200
Lastly, free gifts/gear: $1500
Total: $70,331 (in-state), $93,820 (out-of-state)
Fri Nov 09, 2018 1:48 pm
woundedknees
Oregon Hall Of Famer
Joined: Sat Jan 10, 2009 10:06 pm Posts: 11898
Re: The Value of a D-1 Scholarship
Imagine how many of us would have been thrilled to have half that available for our time at the University of our choice, to say nothing of the benefits of having our children on the receiving end...
Poor, mistreated souls!
_________________ Autzen Stadium... Where great teams go to die...Hard!
Fri Nov 09, 2018 1:58 pm
UofDuck
All Pac-12
Joined: Sat Jan 10, 2009 10:51 pm Posts: 3260
Re: The Value of a D-1 Scholarship
AND, players who stay in state have a huge leg up on the competition in landing jobs and opportunities. Hard to quantify, but it is a real value. For instance, Ian Johnson in Boise (of the famous Fiesta bowl win over Oklahoma) owns a State Farm Office in Boise that thrives because people want to buy from him.
Fri Nov 09, 2018 3:54 pm
UOducksTK1
Site Admin
Joined: Thu Jan 08, 2009 10:28 pm Posts: 33001 Location: Portland, Oregon
GM: New Jersey Nets
Re: The Value of a D-1 Scholarship
Not to mention, a platform to have their name known.
_________________ "I'm committed to Miami but Oregon is my leader" -Former Tennessee Vol and Kansas State Wildcat, Bryce Brown Do Not Fear. Isaiah 41:13
Fri Nov 09, 2018 4:20 pm
StevensTechU
All Pac-12
Joined: Mon Aug 03, 2015 5:25 am Posts: 2783 Location: Hoboken, NJ
Re: The Value of a D-1 Scholarship
woundedknees wrote:
Imagine how many of us would have been thrilled to have half that available for our time at the University of our choice, to say nothing of the benefits of having our children on the receiving end...
Poor, mistreated souls!
For a good deal of guys, it's still not their market value. Dollars that arguably should be theirs are instead going to their coaches and athletic director - millions.
I personally just take odds with the comparison to "modern slavery." This sets me off a bit because it minimizes actual slavery and doesn't allow for meaningful conversation about reform.
As far as increased marketability, that's a two-way street, for sure. Player gets notoriety and school gets attention for the players' achievements (example- Oregon definitely benefited more, financially, from the Joey Heisman poster in Times Square than Harrington did, even though they both benefited). But right now, the school gets 100% of the cut until the player graduates, and then the player can only cash in when they're off the field and less valuable.
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