The IRS makes no distinction. I paid taxes on every penny I got over and above the cost of tuition, room and board, which when I started as an undergrad amounted to about $2k a semester.
You can be true to your school just like any other dawg because you're NOT going to the highest bidder, because you aren't worth all that much to an organization that large.
Really? Because I had quite a few choices as to where to work, all paying different amounts. I chose the one that was the best situation. I got accepted to Rice and a couple other places, but MSU backed a dumptruck load of $ up to my house. It was my preferred school anyway but still, given the choice between paying to go to MSU and getting paid to go somewhere else, my butt was gone.
People at the top always reap the majority of the benefits.
Players need to learn to deal with it unless they would prefer to hurt their draft status by not playing in college at all.
Yeah, and owners make more than players, but at the same time, when the services of a person are valuable and they're not easily replaceable, then they get a bigger slice of the pie.
And do you honestly think the NFL is going to give up the most talented football players in favor of Div III equivalent guys just because they don't play colleg ball? The only reason the NFL even notices CFB exists, is because it functions as an unpaid minor league for them.
If the best athletes are suddenly not playing CFB anymore, I guarantee the NFL will go the direction of the MLB, set up minor league teams and start drafting kids right out of HS. Salaries would be capped under the CBA and they'd make a rule where you have to play 3 years in the minors before going to the bigs, and suddenly colleges are cut out of the pie. For that matter, there's nothing stopping them from offering 4 years of tuition as part of the draft package since the increase to the salary is fairly minimal in the grand scheme.
Edited by nova, 03 February 2014 - 11:01 AM.