Posted on 06/29/2021 6:39:46 PM PDT by DUMBGRUNT
With the stroke of a pen, the future of college athletics in Illinois took a dramatic turn for the better for student athletes.
Governor JB Pritzker signed a bill Tuesday that will allow them to make money off their celebrity, beginning a new day in Illinois college athletics.
"This isn't just a win for our student athletes, it's a win for the future of our entire state," Pritzker said
(Excerpt) Read more at abc7chicago.com ...
—” the number of sports teams being reduced, because they aren’t as profitable”
Is that legal under Title IX?
Do Colleges Make Money
From Athletics?
https://www.bestcolleges.com/blog/do-college-sports-make-money/
The majority of universities in the nation’s top athletic conferences lost money through their sports programs to the tune of approximately $16 million each.
It’s worse for Division I non-autonomy schools, or those outside the Power Five conferences. All 64 of these institutions lost money in 2019, with a median deficit of $23 million per school....
By any measure, college sports are a big business — but that doesn’t mean universities are getting rich off athletics. The reality is that most sports programs operate in the red. If the time comes when colleges have to pay athletes to participate, then the financial picture will change even more dramatically. But that’s a story for another day.
Red Grange…
Part of the gripe with Div 1, was 'they' couldn't work and have a scholarship at the same time. Other scholarships, say for math, allows for such things, like tutoring. But, you couldn't make money teaching a sport.
Dick Butkus
He’s so yesterday!
—”A lot of money has been made off the backs of athletes who got nothing”
A good friend was Allstate in basketball (Illinois) played for four years and drafted into the pros. He had a good job offer teaching, said it was a sure thing, and took it.
His four years was a 100% full ride, He lived in a fraternity house, his parents may have paid for that? I don’t know and sadly he died a couple of years ago.
SMU
Get ready again.
💰
The bloated education-industrial-complex debt bubble needs to be burst.
DeWine just signed legislation legalizing this in Ohio. Recruiting for Buckeye football carries a lot of weight.
You always have ‘em...
So they get paid. Does this mean no more scholarships?
IL has no future.
There are three I’s in Illini.
—”So they get paid. Does this mean no more scholarships?”
This is just an opening, allowing students to sell their likeness.
Soon all the “under the table” payments will be on the table???
I have known two of the long ago beneficiaries, it was amazing.
“And even fewer female athletes.”
And the men who identify as women on the women’s teams.
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