Author Topic: U of Texas will start paying its student athletes $10k a year  (Read 673 times)

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Mike in Parma

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It needed to happen.

http://footballscoop.com/news/texas-will-begin-paying-athletes-10000-year/

Quote
Texas will soon begin paying each of its student-athletes $10,000 a year to cover cost of attendance and likeness rights, athletics director Steve Patterson revealed at a Big 12 college sports forum in Washington on Tuesday.

The $10,000 will be split evenly, $5,000 apiece, between cost-of-attendance and payment for the University’s use of the athlete’s name and likeness (the figure U.S. District Judge Claudia Wilken set in her O’Bannon trial ruling in August). (Cost-of-attendance, of course, varies from school to school and, thus, no uniform figure has been set since schools gave themselves the ability to provide COA stipends.) The total for all UT athletes adds up to $6 million a year.

“If we begin to [further] remunerate the participants (over and above this figure), that’s going to break that model,” Texas women’s athletics director Chris Plonsky said.

Considering that Patterson has been perhaps the most outspoken athletics director against the quote-unquote professionalization of college sports and stated previously that Texas doesn’t have as much money as the public assumes, consider this as a down payment against the future.

Though it is assumed every Power Five program will be making similar payments to its athletes, the Longhorns are the first school to formally stick their toes in the water.

This Dallas Morning News story does not set a date when UT will actually begin cutting these checks, though one would believe it would have to be soon if the Longhorns were willing to announce it.
« Last Edit: October 22, 2014, 03:07:59 pm by Mike in Parma »
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Learjet89

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Re: U of Texas will start paying its student athletes $10k a year
« Reply #1 on: October 22, 2014, 03:06:16 pm »
Link?
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Mike in Parma

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Re: U of Texas will start paying its student athletes $10k a year
« Reply #2 on: October 22, 2014, 03:08:10 pm »
edited original post.
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Spanky

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Re: U of Texas will start paying its student athletes $10k a year
« Reply #3 on: October 22, 2014, 03:28:20 pm »
So a full ride scholarship and not having to pay 20K a year in tuition and housing fees isn't good enough anymore?  What happens when they want more than the 10K a year? Congrats to Texas for blowing the lid off of pandoras box.
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Mike in Parma

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Re: U of Texas will start paying its student athletes $10k a year
« Reply #4 on: October 22, 2014, 03:31:30 pm »
So a full ride scholarship and not having to pay 20K a year in tuition and housing fees isn't good enough anymore?  What happens when they want more than the 10K a year? Congrats to Texas for blowing the lid off of pandoras box.

To be fair, they'll only get 5k :uhh


But yeah, this opens up a whole new problem.. like when the star QB who is on every TV set gets pissed off that he's getting the same amount of cash as some shithouse O-Lineman. So do we pay them more? Is there a chart of who gets what? If the level of entitlement wasn't already bad enough, it'll go through the fvcking roof now.
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Learjet89

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Re: U of Texas will start paying its student athletes $10k a year
« Reply #5 on: October 22, 2014, 03:32:43 pm »
This is going to be more harmful to the University of Texas than Charles Whitman.
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Re: U of Texas will start paying its student athletes $10k a year
« Reply #6 on: October 22, 2014, 03:33:24 pm »
and ALL athletes get this money? :hmm
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Justin NoCal

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Re: U of Texas will start paying its student athletes $10k a year
« Reply #7 on: October 22, 2014, 03:58:38 pm »
So a full ride scholarship and not having to pay 20K a year in tuition and housing fees isn't good enough anymore?  What happens when they want more than the 10K a year? Congrats to Texas for blowing the lid off of pandoras box.

During college baseball season I used to get paid to water the greens at the local muni with an automatic sprinkler system :uhh

There needs to be some kind of "retirement" fund set up for these players that they can't touch until they graduate.
« Last Edit: October 22, 2014, 04:01:15 pm by Justin NoCal »
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Mike in Parma

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Re: U of Texas will start paying its student athletes $10k a year
« Reply #8 on: October 22, 2014, 04:02:16 pm »
This is going to be more harmful to the University of Texas than Charles Whitman.

Look for just about every major university to follow suit.
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Justin NoCal

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Re: U of Texas will start paying its student athletes $10k a year
« Reply #9 on: October 22, 2014, 04:03:38 pm »
Student welfare :uhh
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Re: U of Texas will start paying its student athletes $10k a year
« Reply #10 on: October 22, 2014, 05:18:45 pm »
#hookEm
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