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Originally Posted by
QuadrupleOption
Millions would be peanuts to the NCAA. The NCAA generated $876 million in revenue in 2012 (from their website). Yes, that's not profit (they claim all but 4% goes back to member institutions). Still, if they spent $30 million a year on an auditing staff it wouldn't make much of a dent in what they pull in.
The money is there. The will to do it? Not so sure.
If those numbers are correct then 4% is $35 MIL. So $30 MIL a year would make more than make a dent. It's a complex issue because for the pay the players people you have budget issues that 85-90% of the schools would have trouble with and you also will have Title IX and non revenue sports headaches galore. Where do you make cuts to pay football players?
If you go scorch earth with detterants, you could see major football powers decide to leave the NCAA. Is there a balance to be found? Doubt it but the member institutions have to decide what model they are ultimately looking for and what makes sense. Is competitive balance something they even care about? The haves don't want that.
Complex problem but I agree it does need to be much better.
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