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Author Topic: All these MADNESS bring up the question of should student athletes get paid  (Read 563 times)

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Offline theking

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..(again)??  ???:

Abilene Christian president claims March Madness upset was worth $120 million to school

Plenty were excited about Abilene Christian's upset of No. 3 seed Texas in the first round of March Madness, but none had more reason to celebrate than the people running the school.

That's because beating the state's most popular team in one of the biggest events in sports was apparently worth quite a bit to the school's bottom line. How much? Here's what the school's top decision-maker had to say.

From the Fort Worth Star-Telegram:

“So far we are close to $120 million plus and we really haven’t had time to tally up the totals,” ACU President Dr. Phil Schubert said in a phone interview from Indianapolis before his school played UCLA on Monday afternoon.

So one win means a nine-figure boon for a school. Just imagine if they had beaten No. 11 seed UCLA in the second round, rather than lose 67-47.

What's more, Abilene Christian reportedly estimated their only other trip to the NCAA tournament in 2019 had netted them $74 million, despite losing to Kentucky in the first round by a score of 79-44.





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Offline theking

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Supreme Court grapples with NCAA rules limiting some payments for student athletes

If the Supreme Court agrees with the lower courts, it will mean that the NCAA must permit student athletes to receive unlimited non-cash "education-related benefits" including post-eligibility internships. The students can also receive annual payments up to $6,000 if they maintain academic eligibility.



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