No it's not.
Do the athletes create value for college sports? Yes or no?
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All athletes? You going to include tTitle IX in this? Do workers at a company create value? Yes, of course same as athletes but do they all have equal value? Absolutely not. Are players already compensated for their value already to the tune of $30,000-$70,000 per year depending on the school? You absolutely bet they are. You want to pay them a salary, fine, but you have to eliminate benefits as well to make the monies work. The corporation (school) takes a majority of the revenue generated by the most profitable company (football) and redistributes the revenue across all of the companies under that corporation to make the entire corporation stronger, to stay in compliance with federal mandates (Title IX) and to give opportunities to a more diverse workforce across the entire corporation(non-revenue sports). Not to mention that this whole plan is dependent on all of the corporations agreeing to continue profit share across all schools in a conference. What happens when the wealthiest schools decide, nope, we want our actual share that we earned. Does every conference have to pay players the same amount? Why shouldn’t the SEC get to pay more since it has more money at its disposal? Your example doesn’t work, it’s invalid. And a full compensated scholarship (which football players are the only ones who can get this much) is already compensation to them. What’s the number you think they deserve above what they are already given as a benefit? Haven’t seen you or anyone really put forth an actual salary they deserve and what will be eliminated to pay for it. Sucks for those athletes
You ignored the question.
Do the athletes create value for sports?
You keep adding strawmen about "equal value". I never said that. Try to keep up.
I see your argument is they are already compensated for it, so if you have a kid that gets an academic scholarship that pays for his school, you'd be ok with him or her getting the athletic scholarship in cash?