The following article mentions Finance Professor
Richard Sheehan and the formula he used to determine the hourly wages for
athletes. To read the entire article
visit: Q: What do college football fans need? A: Answers.
Answers provided are
open to scrutiny and ridicule; Author not available for flogging.
Will the scandal at Ohio
State change college football?
Doesn’t seem likely.
Since the 1990s, Alabama, Auburn, Miami and Southern California were punished
and received probation, then went on to win national championships. Banning
teams from television and bowl games is not used much anymore because it
negatively affects the market value of television contracts. Taking away
scholarships looks good, and strong programs can survive a little disruption in
recruiting. So despite a lot of rhetoric, don’t expect much.
To best sum it up, here
is a quote from former NCAA Director Walter Byers: “College athletes don’t need
more rules. They need new freedoms.”
Can a college football
scandal turn out to be a good thing for a school?
All we have to do is
turn back the clock to 1984, when Florida head coach Charlie Pell was fired
after being hit with 59 NCAA violations. Galen Hall replaced him and stayed
until 1989, when he was forced to resign amid another scandal. Steve Spurrier
came in and turned the Gators into the national power they are today.
What is the worst college
football scandal of all time?