Should NCAA Football Players Get Paid?
I know it has been a while...I am going to try to be better about getting over here to post a bit more. That being said, I had to share my thoughts on an article a friend shared regarding the paying of college players. The article is here. (HT: Dave Hebert)
And these are my thoughts on it:
Cam Newton (the subject of the article) is paid...a full scholarship. And I'm sorry, but $3,000 a year in extra expenses is a pretty paltry Stafford loan amount. So they graduate college with an education and $12,000 in school loans (and a chance at playing in a league with a minimum salary of $310K (2010)). Or, they leave early with the guarantee of being drafted into that league. Pretty sure that'll cover their expenses.
This author actually did the right thing in calculating per-player "earnings" but doesn't draw the right conclusion, imho. $17,000 per player is less than many tuitions these days (BCS Champs Auburn's out-of-state tuition is $21,916 in 2010-11). They are getting a bargain. Plus, they get exposure and a proving ground, helping them towards the potential big payoff in the NFL.
I'm certainly not for the draconian rules that Pryor, et al. violated...they should get to keep and profit off their personal effects from their accomplishments. But I'm not going to feel sorry for these football players not getting "paid."
This blog serves as a forum for the exchange of political and economic ideas. Admittedly, my own views will have a liberal bent to them, and by that term is meant the classical sense of the word (hence the blog title). My own economic and political ideas focus on promoting institutions that protect private property rights and encourage freedom of exchange.
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