What the "Group of Five" should do

[CalallenStang]

Break off from the NCAA and pay players in football and basketball. Get all of the top recruits through payments of players. Get good contracts by having all of the best players. Invite a few select "Power Five" schools to join as well in order to kill off the NCAA.

[SMU21TCU10]

I am sure most players at BCs schools already get perks worth more than most of the non BCS teams could offer

[ponyte]

What moron athlete would agree to such a system? As of now, all the goodies they receive are unreported income and thus no taxes paid. In the system presented above, any athlete that was openly paid would be at a financial disadvantage as compared to the continuation of the "amateur" status of the NCAA by at least Social Security, Medicare and income taxes.

And the organizations that pay them would then have to carry unemployment insurance, part of Medicare and Social Security taxes and workers comp. It just isn't good economics. The current system saves all involved money and has the appearance of propriety.

[Rebel10]

The current system saves all involved money and has the appearance of propriety.

Except the players. LOL.

[CalallenStang]

What moron athlete would agree to such a system? As of now, all the goodies they receive are unreported income and thus no taxes paid. In the system presented above, any athlete that was openly paid would be at a financial disadvantage as compared to the continuation of the "amateur" status of the NCAA by at least Social Security, Medicare and income taxes.

And the organizations that pay them would then have to carry unemployment insurance, part of Medicare and Social Security taxes and workers comp. It just isn't good economics. The current system saves all involved money and has the appearance of propriety.

You are assuming that we would pay them an amount equal to what they are currently getting. That is a faulty assumption.

[ponyte]

What moron athlete would agree to such a system? As of now, all the goodies they receive are unreported income and thus no taxes paid. In the system presented above, any athlete that was openly paid would be at a financial disadvantage as compared to the continuation of the "amateur" status of the NCAA by at least Social Security, Medicare and income taxes.

And the organizations that pay them would then have to carry unemployment insurance, part of Medicare and Social Security taxes and workers comp. It just isn't good economics. The current system saves all involved money and has the appearance of propriety.

You are assuming that we would pay them an amount equal to what they are currently getting. That is a faulty assumption.

Exactly. On an open market the price would probably be much higher. And once those prices are known, and then the practice for the amateur status would increase as well though probably not as much.

[CalallenStang]

What moron athlete would agree to such a system? As of now, all the goodies they receive are unreported income and thus no taxes paid. In the system presented above, any athlete that was openly paid would be at a financial disadvantage as compared to the continuation of the "amateur" status of the NCAA by at least Social Security, Medicare and income taxes.

And the organizations that pay them would then have to carry unemployment insurance, part of Medicare and Social Security taxes and workers comp. It just isn't good economics. The current system saves all involved money and has the appearance of propriety.

You are assuming that we would pay them an amount equal to what they are currently getting. That is a faulty assumption.

Exactly. On an open market the price would probably be much higher. And once those prices are known, and then the practice for the amateur status would increase as well though probably not as much.

The "probably not as much" is the key to success. That, plus inviting a few select "Power 5" schools to come along as well.

[SMU89]

Now that the big 5 are getting some $90mm + each, this is exactly what I expect THEY will do to further squeeze out the remainder.