Bottom line, people tend to forget that these schools are operating as non-profits, and as much as players scoff at this, there aren’t too many people at the universities outside of a few coaches and ADs getting rich. Splitting the pie is gonna have a lot more to do with what you mentioned than a redistribution of wealth.
Yup. I would love for someone to publicly explain this to the players.
Let's use football/NFL as the example. In the NFL, the players get 48% of revenue. So all NFL revenue is added up, divided by 32, and multiplied by 48% to create the following season's salary cap. If that same model took place in college football, I would guess $80 million of Mississippi State's revenue is directly created by football. This is how it should go:
"So football players, you get $39 million. We will subtract out your tuition, room, ,meals, books, etc. Now we are left with $34 million. This is your salary for the season. But unfortunately, we have been spending that money on scholarships for all of the other sports outside of men's basketball, plus their equipment, staff, travel, facilities, etc."
"Gonna need you to walk down there and tell them all that they don't get any more scholarship money or any other kind of support from the athletic department moving forward. They are now all regular students and are more than welcome to create a club team."
"Oh, you know what, that's actually still not enough Mr. Football Player. Turns out we are still a few million dollars in the red. Gonna need to let go of those GA's and a good chunk of the training staff, but you're more than welcome to hire your own personal trainers with your own money."
"Cool? Thanks Bubby."
They'd all become absolute pariahs and would be begging for the old days as the entire world turned on them.