85000 x 85 != $5 million

85000 x 85 != $5 million
by airborneirish (2023-03-24 15:35:15)

In reply to: Schools are bidding on other schools' players already. posted by MrE

Amortization of the stadium and facilities alone is $30 million a year. Then there is the cost of coaching, subsidizing women’s sports, transpiration ($1 million a pop 7-9 times a year) etc etc.

Most enterprises shoot for profitability of 10-12% of top line. For the players to capture nearly 10% of that in all in benefits tells me they are amply compensated.

We have NIL. Mayer etc can get a fair shake. Paying them all more is insulting to the student body generally.

Replies:

"subsidizing women's sports" - jt 2023-03-24 16:40:22
- Title IX forces that does it not? * - OITLinebacker 2023-03-25 09:06:07
  - once again, that's a University problem - jt 2023-03-25 11:10:04
Eh, sane businesses wouldn't have D&A be 15% of revenue - NavyJoe 2023-03-24 16:39:32
- And spend that way because they know they dont need to pay - wpkirish 2023-03-24 16:48:11
  - Yes, obviously - NavyJoe 2023-03-24 16:56:53
I used $8M for ND FB scholarships - MrE 2023-03-24 15:38:01