Tuesday, September 13, 2011

The 'fair market value' study

The Associated Press got ahold of the report a day early, writing this on Monday:

The average fair market value of top-tier college football and men's basketball players is over $100,000 each, and the athletes are entitled to at least a portion of that, a new report from an advocacy group argues.

Instead of getting what they're worth, the players receive athletic scholarships that don't cover the full cost of attending school, leaving many of them living below the poverty line, says the report, "The Price of Poverty in Big Time College Sport."

A national college athletes' advocacy group and a sports management professor calculate in the report that if college sports shared their revenues the way pro sports do, the average Football Bowl Subdivision player would be worth $121,000 per year, while the average basketball player at that level would be worth $265,000.

Go here for the rest of the AP story, and here for the full report from the National College Players Association.

The study also listed the most valuable players (strictly in a monetary sense). Here's the top 10, with last season's records.

1. Texas: $513,922 (5-7)

2. Alabama: $393,251 (10-3)

3. Georgia: $387,528 (6-7)

4. Penn State: $384,082 (7-6)

5. LSU: $376,485 (11-2)

6. Florida: $375,916 (8-5)

7. Auburn: $361,949 (14-0)

8. Notre Dame: $351,010 (8-5)

9. Ohio State: $348,750 (12-1)

10. Michigan: $345,683 (7-6)


Michael Procton said...

Absurd. How many of those scholarships (and aid money and book credits and travel per diems and paid food and medical care and, and and...) AREN'T worth $100K?