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Wall Street Journal teen millionaires
Tiger Boards - Clemson Football
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Replies: 7
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Wall Street Journal teen millionaires


Dec 30, 2023, 10:36 PM
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IMG_5330.jpeg(229.9 K)

Wall Street Journal article on teen millionaires rocking the sport of college football. And why not. In 2019 college football had $18.9 billion of revenue. That’s more than the NFL, albeit with more players and more teams in college, of course.

The owners (the university is that is) get to keep a whole lot more of that revenue than do NFL owners because they don’t really have to pay the players. Just tuition room and board and a small stipend.

NIL money from boosters on top of the known revenue.

Finally, the college football players are getting more than a post game handshake

It won’t be long until the higher-ups of college football will need to play their players more and more and of course they will then cut the season roster from 85 players down to around 53 players like the NFL. The collective bargaining agreement, for the NFL should serve as a Model for the revenue sharing. The football players should get their share of the 18.9 billion, not some NCAA arrangement where they take the football money and spread it out over every division one athlete.

IPTAY needs a “fund next year “program to retain future NFL draft picks to keep them in college to the end of their eligibility.

Fans may get sick of it but college presidents will never get tired of getting their share of $18.9 billion.

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Re: Wall Street Journal teen millionaires


Dec 30, 2023, 10:39 PM
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Capitalism

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Re: Wall Street Journal teen millionaires


Dec 30, 2023, 10:41 PM
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We can call it capitalism but it's more like a corporatocracy

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Re: Wall Street Journal teen millionaires


Dec 31, 2023, 12:05 AM
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Better than the other options.

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LOL, that's what you call capitalism...


Dec 31, 2023, 12:55 AM [ in reply to Re: Wall Street Journal teen millionaires ]
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when it operates in a way you personally don't like.

Gotta take the good and the supposed bad together because the sum total is better than alternatives.

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Re: Wall Street Journal teen millionaires


Dec 30, 2023, 10:43 PM
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That’s fine…but I think teams and players should then split from universities. These kids would no longer be student athletes…not that they are now anyway.

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Re: Wall Street Journal teen millionaires


Dec 30, 2023, 11:41 PM
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The universities don’t just get to “keep that money”. The schools, by law, must prop up all of the other collegiate sports.
Additionally, it is expensive to run and maintain an athletic department. The majority of athletic departments have to be very creative just to stay out of the red.

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Re: Wall Street Journal teen millionaires


Dec 31, 2023, 12:50 AM
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College football can Split from the universities or . . . the government can

Force each NFL team to start a women’s soccer, lacrosse, tennis, track, basketball etc. teams and pay each of the teams and players equivalent to the NFL players salaries.

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Replies: 7
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