Provocative Inspiration

I am an African-American male with a Ph.D. and post-doctoral studies in Theology and Philosophy. Contrary to the TAK (Traditional Analysis of Knowledge), I believe that Inspiration is also a source of knowledge, therefore my blog, Provocative Inspiration

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Wednesday, April 16, 2014

Worth Of College Basketball and Football Players



How much is an average college player worth? A report says $178K-$375K

FOX Sports

APR 16, 2014 2:27p ET
 
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Thomas Campbell / USA TODAY Sports
A recent report said Texas A&M's Manziel was worth $547K in 2012. 
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College football players could be making an average of $178,000 per year, and college basketball players even more if they were given salaries, a recent study reported. 
This comes amid Northwestern University football players' efforts to unionize after the National Labor Relations Board ruled that scholarship players were classified as university employees. 
Conducted by Drexel University and the National College Players Association (which is helping Northwestern in its unionization push), the March survey found that the projected fair-market value of both college football and basketball players could reach into the six figures and beyond.
"The bidding war for athletes would likely be in the millions," Drexel sports management professor and report co-author Ellen Staurowsky told CNBC. "However, I think it all depends on whether or not a players' association ends up representing the teams and players. ... The salaries could be effectively bargained to have some sort of minimum guaranteed salary for all."

GAME-CHANGER FOR COLLEGE ATHLETES?

  • College athletes take step toward forming union
  • Labor board: Northwestern players can unionize
  • Clay Travis: NCAA is a dead man walking
  • Kain Colter, players rep take labor case to D.C.
  • Northwestern to appeal ruling
  • Hey, Northwestern: Drop appeal, negotiate with players
  • Urban Meyer is pro-stipend, hesitant on other issues
  • Agency sets date for Northwestern vote on union
According to the report, the projected fair market value of the average college football player is $178,000 per year from 2011-2015, while the average college basketball player's projected worth is $375,000 for the same period. 
Though the report went on to state that higher-profile college athletes were calculated to be worth much more. Texas A&M quarterbackJohnny Manziel was projected to be worth as much as $547,000 in 2011-2012 while Kansas basketball star Andrew Wiggins was placed near the $1.6 million mark. 
The fair market value of college football and basketball players was determined using "revenue-sharing percentages defined in the NFL and NBA collective bargaining agreements and team revenues as reported by each school to the federal government," according to an NBC News report. 
Both the NCAA and Northwestern have said they've resolved to fight any attempt to change the status of college athletes to university employees. 
The Wildcats football players' vote for unionization is set for April 25. 
H/t Yahoo! Sports.

Posted by Unknown at 6:44 PM
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