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Topic:  RE: OT: Big 12 Selling Naming Rights to Big 12

Topic:  RE: OT: Big 12 Selling Naming Rights to Big 12
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JimLurker34
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Member Since: 12/7/2023
Location: McArthur, OH
Post Count: 209

Status: Offline
  Message Not Read  RE: OT: Big 12 Selling Naming Rights to Big 12
   Posted: 6/30/2024 1:24:11 PM 
L.C. wrote:
giacomo wrote:
The colleges used to have a structure, just like companies do. When you veer off the path there is trouble. Picture a company with a CEO, president, CFO and various vice presidents. There is structure and then one of the vice presidents is making more than 14 times the president and CEO and maybe 20 times the other vice presidents, what would you expect to happen? Alabama president is making 774k and new football coach makes 10.875M.

Funny you should put it that way. It used to be common for companies to pay their VP of Sales more than the President, and not uncommon for highly effective commissioned sales people to make more than their bosses. IDK how often those happen anymore, but they are certainly examples of the free market at work. What he have is sports is also the free market at work, this time in an environment where winning is more important than academics. Who would you expect to be paid more in that environment? Will you be surprised when there are players who make more than the University Presidents?


When players make more than the president, I think the absurdity of it all will finally sink in and the house will start to crumble. The current system is not sustainable in the long run. Many of my friends say they are already paying less attention to college athletics because of the pay to play aspect we are currently experiencing.
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BillyTheCat
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Member Since: 10/6/2012
Post Count: 9,694

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  Message Not Read  RE: OT: Big 12 Selling Naming Rights to Big 12
   Posted: 7/1/2024 11:08:31 PM 
JimLurker34 wrote:
L.C. wrote:
giacomo wrote:
The colleges used to have a structure, just like companies do. When you veer off the path there is trouble. Picture a company with a CEO, president, CFO and various vice presidents. There is structure and then one of the vice presidents is making more than 14 times the president and CEO and maybe 20 times the other vice presidents, what would you expect to happen? Alabama president is making 774k and new football coach makes 10.875M.

Funny you should put it that way. It used to be common for companies to pay their VP of Sales more than the President, and not uncommon for highly effective commissioned sales people to make more than their bosses. IDK how often those happen anymore, but they are certainly examples of the free market at work. What he have is sports is also the free market at work, this time in an environment where winning is more important than academics. Who would you expect to be paid more in that environment? Will you be surprised when there are players who make more than the University Presidents?


When players make more than the president, I think the absurdity of it all will finally sink in and the house will start to crumble. The current system is not sustainable in the long run. Many of my friends say they are already paying less attention to college athletics because of the pay to play aspect we are currently experiencing.


Some players do make more than the President! Which means some folks have just quit watching College sports. 😎

Last Edited: 7/1/2024 11:10:58 PM by BillyTheCat
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JimLurker34
General User

Member Since: 12/7/2023
Location: McArthur, OH
Post Count: 209

Status: Offline
  Message Not Read  RE: OT: Big 12 Selling Naming Rights to Big 12
   Posted: 7/2/2024 2:39:20 PM 
BillyTheCat wrote:
JimLurker34 wrote:
L.C. wrote:
giacomo wrote:
The colleges used to have a structure, just like companies do. When you veer off the path there is trouble. Picture a company with a CEO, president, CFO and various vice presidents. There is structure and then one of the vice presidents is making more than 14 times the president and CEO and maybe 20 times the other vice presidents, what would you expect to happen? Alabama president is making 774k and new football coach makes 10.875M.

Funny you should put it that way. It used to be common for companies to pay their VP of Sales more than the President, and not uncommon for highly effective commissioned sales people to make more than their bosses. IDK how often those happen anymore, but they are certainly examples of the free market at work. What he have is sports is also the free market at work, this time in an environment where winning is more important than academics. Who would you expect to be paid more in that environment? Will you be surprised when there are players who make more than the University Presidents?


When players make more than the president, I think the absurdity of it all will finally sink in and the house will start to crumble. The current system is not sustainable in the long run. Many of my friends say they are already paying less attention to college athletics because of the pay to play aspect we are currently experiencing.


Some players do make more than the President! Which means some folks have just quit watching College sports. 😎


Can you tell me at what schools and which players are making more than their college president? Just one or two examples would suffice.
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colobobcat66
General User

Member Since: 9/1/2006
Location: Watching the bobcats run outside my window., CO
Post Count: 4,228

Status: Offline
  Message Not Read  RE: OT: Big 12 Selling Naming Rights to Big 12
   Posted: 7/3/2024 9:59:49 PM 
JimLurker34 wrote:
BillyTheCat wrote:
JimLurker34 wrote:
L.C. wrote:
giacomo wrote:
The colleges used to have a structure, just like companies do. When you veer off the path there is trouble. Picture a company with a CEO, president, CFO and various vice presidents. There is structure and then one of the vice presidents is making more than 14 times the president and CEO and maybe 20 times the other vice presidents, what would you expect to happen? Alabama president is making 774k and new football coach makes 10.875M.

Funny you should put it that way. It used to be common for companies to pay their VP of Sales more than the President, and not uncommon for highly effective commissioned sales people to make more than their bosses. IDK how often those happen anymore, but they are certainly examples of the free market at work. What he have is sports is also the free market at work, this time in an environment where winning is more important than academics. Who would you expect to be paid more in that environment? Will you be surprised when there are players who make more than the University Presidents?


When players make more than the president, I think the absurdity of it all will finally sink in and the house will start to crumble. The current system is not sustainable in the long run. Many of my friends say they are already paying less attention to college athletics because of the pay to play aspect we are currently experiencing.


Some players do make more than the President! Which means some folks have just quit watching College sports. 😎


Can you tell me at what schools and which players are making more than their college president? Just one or two examples would suffice.

USC, their QB made more than 2 million - up to 10 million total the past 2 years per reports . Close to their president probably

Last Edited: 7/3/2024 10:01:25 PM by colobobcat66
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M.D.W.S.T
General User



Member Since: 12/23/2021
Post Count: 2,009

Status: Offline
  Message Not Read  RE: OT: Big 12 Selling Naming Rights to Big 12
   Posted: 7/5/2024 10:18:05 PM 
JimLurker34 wrote:
BillyTheCat wrote:
JimLurker34 wrote:
L.C. wrote:
giacomo wrote:
The colleges used to have a structure, just like companies do. When you veer off the path there is trouble. Picture a company with a CEO, president, CFO and various vice presidents. There is structure and then one of the vice presidents is making more than 14 times the president and CEO and maybe 20 times the other vice presidents, what would you expect to happen? Alabama president is making 774k and new football coach makes 10.875M.

Funny you should put it that way. It used to be common for companies to pay their VP of Sales more than the President, and not uncommon for highly effective commissioned sales people to make more than their bosses. IDK how often those happen anymore, but they are certainly examples of the free market at work. What he have is sports is also the free market at work, this time in an environment where winning is more important than academics. Who would you expect to be paid more in that environment? Will you be surprised when there are players who make more than the University Presidents?


When players make more than the president, I think the absurdity of it all will finally sink in and the house will start to crumble. The current system is not sustainable in the long run. Many of my friends say they are already paying less attention to college athletics because of the pay to play aspect we are currently experiencing.


Some players do make more than the President! Which means some folks have just quit watching College sports. 😎


Can you tell me at what schools and which players are making more than their college president? Just one or two examples would suffice.


Colorado.
Texas.
Ohio State.
Alabama.
LSU.
Oregon.
Michigan.
UGA.
Tennessee.
Miami.
USC.
UCONN womens basketball.
Caitlin Clark was surely making more than the President of Iowa.
Duke basketball.

Not surprisingly, or so I thought, but it's a fairly extensive list. Were you under the impression this isn't happening? Or you really just wanted a small list for research purposes?

Shedeur is making north of $4M.
Texas is paying two QB's more than $2M.

Tennessee is/was currently under investigation for promising Nico Iamaleava $8M two years ago.

Jaden Rashada’s Miami NIL deal worth is worth $9.5 million.
https://www.on3.com/nil/news/jaden-rashada-turned-down-mi... /

etc etc
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BillyTheCat
General User

Member Since: 10/6/2012
Post Count: 9,694

Status: Offline
  Message Not Read  RE: OT: Big 12 Selling Naming Rights to Big 12
   Posted: 7/6/2024 8:09:12 AM 
Jim, how’s your research coming along?
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JimLurker34
General User

Member Since: 12/7/2023
Location: McArthur, OH
Post Count: 209

Status: Offline
  Message Not Read  RE: OT: Big 12 Selling Naming Rights to Big 12
   Posted: 7/6/2024 9:00:08 AM 
Wow! Thanks guys for the research. I guess I had my head in the sand. I knew there were some large payments going on, but I had no idea the magnitude. As I’ve said before I don’t think this model is sustainable going forward, but for now it’s the Wild West on steroids, I guess.
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