An Excellent Piece About Paying College Athletes in the South

SB Nation as great piece about how college football players get paid in the South– in cash. An excerpt:

There might not be a FDIC-insured savings account at a local bank branch, but there is always a pool from which money can be accessed quickly. A majority of fundraising occurs in the offseason, when coaches visit alumni and booster clubs throughout their schools’ regions.

“The coach or coaches come in, say their piece, bullshit with the folks and take pictures and then they’re in the car and headed back home. When they leave, we start talking. What we figure out then is what we need to put together in that area [of the state] for anyone we’re trying to land from that area. That’s when the hat gets passed.”

The actual money is never collected in a single area, but a collective of shadow boosters keeps an unwritten counter on how much each of them can contribute in cash at any given moment for three major purposes:

1) Large single sums to be paid out in order to convince a recruit to sign with the school.

2) Maintenance payments to current players, delivered in an ongoing basis.

3) Cash owed by an out-of-area shadow booster to a bag man living in the college town. Sometimes a player whose sponsor lives back at home needs money immediately, so a local bag man not assigned to that player will pay the player, with a marker going to his booster back home.

The small business fuels America. Cash that doesn’t have to be accounted for exists in any variety of ways. Sell a pair of lower bowl tickets to a guy you know from church? Cash. Sell a bass boat on Craigslist? Cash. Run or own a restaurant? Cash. Work in agriculture? Lots of cash.

“We all do different things. Finding liquid capital is not a problem for any of us. If it was, we wouldn’t be doing this.”

Interestingly, a bag man says that it’s not the super rich who give money to the athletes – they’ve already been contacted by the school for above-board donations – rather it’s the people with $10k-$15k to burn who bankroll players. Which begs the question: How much of a loser do you have to be to use your disposable income to self-fund your favorite college football team? Sell the boat… and then buy a bigger boat, idiot.

You can read the full thing here.

via Daring Fireball

8 Comments

  1. Danny Briere's Contrived Goal Celebration

    April 11, 2014 at 12:49 pm

    I can’t believe so many actually care about college football…the whole thing is corrupt and phony, not to mention the level of play is pathetic. Let’s watch the 2% men (future NFLers) compete amongst boys (future insurance salesmen, if that)…Yippee!

    • one of the many reasons people like college football is the teams represent the institution that they happen to attend, but you wouldnt understand this because lincoln technical institute doesnt have any sports teams.

      • Danny Briere's Contrived Goal Celebration

        April 11, 2014 at 2:28 pm

        Nice try, (un)Informed, but I went to a D-1 school. And is that really the best reason you could come up with? Gee, I wonder how my middle school football team is doing? I should probably follow them and become a fan since they “represent” me.

  2. It’s the south. What else are they going to spend their money on, books? GOP donations? Ken Ham’s Neckbeard Foundation?

  3. “Interestingly, a bag man says that it’s not the super rich who give money to the athletes – they’ve already been contacted by the school for above-board donations – rather it’s the people with $10k-$15k to burn who bankroll players. Which begs the question: How much of a loser do you have to be to use your disposable income to self-fund your favorite college football team?”

    Because you own a small lumber yard in Mobile and one of the super rich board members is planning on financing a new strip mall soon and is looking to award a contract for lumber.

  4. Wow, this is totally reprehensible behavior. I went to two SEC schools and totally didn’t get paid at either of them. I can’t believe stuff like this goes on.

  5. Dr. Howard Fuckman, DDS

    April 11, 2014 at 9:54 pm

    You got a laptop. Shut up.

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