At Amazon and Apple, market forces get to decide that the compensation of employees who contribute significantly to the overall success of the company is greater than that of other employees.TheSouseFamily said:
There are a small handful of elite players that are worth a lot of money and forcing them to go to college delays (unfairly) their ability to monetize that value. That can, will and should change. But for 99% of college players, they drastically overstate their contribution to the overall valuation of college basketball and from a purely economic standpoint the average college player is probably already over-compensated for their skill and value contribution. Just because you work for Amazon or Apple doesn't mean that every employee contributes in a significant or even measurable way to its overall financial valuation and should be compensated as such.
Good points.TheSouseFamily said:
There are a small handful of elite players that are worth a lot of money and forcing them to go to college delays (unfairly) their ability to monetize that value. That can, will and should change. But for 99% of college players, they drastically overstate their contribution to the overall valuation of college basketball and from a purely economic standpoint the average college player is probably already over-compensated for their skill and value contribution. Just because you work for Amazon or Apple doesn't mean that every employee contributes in a significant or even measurable way to its overall financial valuation and should be compensated as such. And that's the fallacy with a lot of these "pay the players" arguments.
Even if you completely remove the top 100 HS players, the value, finances, viewership and interest in the NCAA will remain what it is. It's not players driving that value..well, in 99% of cases. If players want to be compensated by agents or shoe companies or for their likeness, I have no issue with that. That's fair and should be allowed. But the idea that the NCAA or schools themselves should pay players is entirely wrong from an economic standpoint (not to mention the total impracticalities of executing something like it, the Title IX compliance problems and other issues).
Many players are in for a rude awakening when they play in the very high level G-League in front of nobody, watched by nobody and getting $30-40K a year. I suspect many will regret passing on college opportunities not only for the exposure and skill development but also the personal development and even just being the BMOC. Nevertheless, I'd love to see some of the financial modeling for some of these new proposed leagues that seek to pay players "fairly." I'm very curious to see where the money will come from to compensate them. And I can't imagine that any of these leagues will ever offer an overall experience that can be matched by the college experience in a myriad of ways. Guess we'll see.