Illinois Hoops Recruiting Thread

[grue2]

And how do athletic department budgets interact with student athlete pay in your model?

I've seen "profit sharing" as one suggested method. I've pointed out that in the current world, there is no actual profit to share, even if one looks at only FB and BB. What other method do you propose, and why do you think it is a fair method? I've given my opinion and reasoning for what I think is fair.

 

[Illini2010-11]

You seem to have avoided the question. The previous poster claimed UIUC sports were in the black. Is a company in the black if they depend on charity for 35% of their expenses?

If a business (both for profit and non-profit) accepts donations as part of their business model, they have to report that as income in their books. Therefore, by definition, they are in the black. It is, however, fair to question how sustainable it is to remain in the black in the long run (having successful teams is essential).

The profit-sharing aspect you mention is where it would get interesting. How would donor behavior change? In general, profit-sharing for athletes makes little sense at all, since it can fluctuate between red and black easily, especially with such high reliance on donations. I also fear it would start to strangle out the programs that do not bring in revenue.

The system as a whole is a mess right now...but I guess it always was (it was just hidden from view).

 

[pruman91]

It's April on Loyalty so what to expect is our negative thoughts, or our insiders holding our hands and talking us down. Until there is breaking news, I only come to hear about Pru's neighbor ladies or cottage cheese.

BREATH OUT

NL # 3 and I are in the process of adding a new NL to the congregation.......updates will be forthcoming soon....they really really will......

 

[AZILL]

Absolutely, I understand that aspect of how it works. I have 2 daughters and a daughter-in-law who all work for HUGE global Non-Profits. I won't share the names, but you would certainly know them. 2 in NYC and 1 in NorCal. I've learned a lot over the past 20 years from them, and through my own searching, on how they work. I've found it very interesting. That's why I called it a shell game, lol. Any excesses or shortfalls get accounted for in one way or another by shifting the $$$ around in various ways.

 

[travelin' man]

I estimate since around at least 1960 this has been true, so most still-living lifetimes at this point. (The slush fund scandal started 1962 and that idea doesn't just come out of nowhere.)

As I understand it, John Wooden's players during the 60's and 70's at UCLA were getting paychecks.

 

[PepeSilvia]

You aren't getting it. Athletic departments are not for profit companies. There are definitionally no profits. If the revenues exceed expenditures, they just increase expenditures to match, because they aren't trying to make a profit. When revenues go up, they spend more. When revenues go down.. well they haven't really gone in that direction so who knows what they'd do.

And booster contributions are a part of that. Boosters aren't stepping in because they want to keep athletic departments in the black. They're stepping in because they want them to spend more on improving the teams. It's not like contributions follow the expenditures. It's the other way around. Expenditures go up with increased contributions.

I think the bigger issue is that most college athletics absolutely bleed money, so historically the revenue sports(football, basketball, and a few others in specific schools/conferences) basically subsidize the rest of the teams.

Don't get me wrong, certain people and conferences were definitely getting incredibly wealthy off student athletes especially with football money/television deals but for most sports the student athletes are getting an incredible deal simply by getting free tuition, room and board, plus access to world class training and facilities.

The only athletes you could really argue have been exploited were football players(worse because of injury) and basketball players at like 60 schools. The rest of the athletes and Olympic sport types I would argue are benefitting from the scholarship vastly more than the University is from their relationship.

Don't get me wrong, I don't want to see kids get exploited and that money go into the pockets of conference officials, corporations, or administration but I also don't want to see all the non revenue sports get killed off because schools can't afford them.

 

[AZILL]

As I understand it, John Wooden's players during the 60's and 70's at UCLA were getting paychecks.

For sure, it's not even speculation. It DEFINITELY happened. Sam Gilbert was the bag man that funded all those UCLA teams during the Wooden years.

What They Don’t Tell You About Coach John Wooden

<a href=" "><!-- image removed --></a> What does this have to do with Kentucky? I'll get to that later. This piece is to b...

wildcatbluenation.com

 

[1m4tr]

NL # 3 and I are in the process of adding a new NL to the congregation.......updates will be forthcoming soon....they really really will......

Keep us updated.

 

[So ILL]

Possible bench guard.

I wouldn’t mind having a guy who is a two time JuCo AA who had 2 50+ pt games and averaged 33.6 per game and then came to Cal State in DI and reset every scoring record they had basically, including single game and season long scoring records as an instant offense guy off the bench.

And I agree with what Gritty said in that it seems local guys play with a different passion when they come home regardless of role. Especially when maybe they realize the NBA isn’t in the cards, so they’ll take a reduced role to do what is asked of them to win for pride in their home school.