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Lucky or Unlucky? PART 1

Ragtime Cwby Joe

Cattle Baron
Gold Member
Sep 1, 2011
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I truly did not intend to create this large a thread. I just wanted to raise a question or two about increasing the FB scholarships from 85-1110.

The more I looked the further down the rabbit while I went.

Maybe it will be enlightening to some, maybe not.

You can always just pass on the whole thing.

I found out that max the limit is 10,000 characters!

I’ll break this down into 3 three threads.

GO POKES.

Is Lucky, lucky or Unlucky.

Increasing the football scholarship limit to 110 will cut both ways.

First adding 25 scholarships impacts AD budgets. It may have Title IX impacts too.

Second, the extra year of eligibility adds an extra year of scholarship costs for not only 85 FB players but ALL student athletes on scholarship. That is a very significant impact to budget cost too.

Third, most Bachelor degrees can be completed in 4 years. With this year’s play resulting in an extra year of eligibility and many players having been redshirted for a year, that puts many student athletes in the catbird seat. 6 years of a FULL RIDE SCHOLARSHIP plus a stipend.

Fourth, expect the number of graduate transfers to skyrocket this year. Not only from UW but from all FBS (Div 1) schools. If the FB scholarship number is increased to 110 and a player has his degree in hand after 3 or 4 years, in essence, that means a player has the opportunity to transfer to a different school, play immediately, and receive ‘two or three additional years of eligibility’ (3 years if a student is able to graduate in 3 years) which he could use to pursue either an advanced degree or a second bachelors. (The only schools and student athletes that would be ‘hurt’ by this rule are the 3 Service Academies)

Say a player is truly a talented athlete and a brilliant student and entered a university on scholarship prior to the 2020 academic year (if I understand the rule correctly, which I may not, 2020 Freshman who redshirt in reality do not get an additional year of eligibility).

A student athlete could potentially receive 7 years of college on a full scholarship and complete at least one if not two advanced degrees, or even enroll in a PhD program.

The best example I can think of is Trey Smith. He graduated from Louisville in 2018. As a graduate transfer he decided to transfer to UW, play immediately, and pursue either an advanced degree or work towards a second bachelor degree. He was injured in 2019 and received a medical exemption and is now a 6th year player. (He may be in track to complete his masters in 2020) The ‘Covid exemption’ results in Trey receiving an additional year of eligibility.

So whether or not he completes his Masters program in 2020, he meets all requirements to transfer to a 3rd school as a Graduate transfer and begin or continue his work on a second Bachelors, complete his work on his 1st Masters, begin work on a 2nd Masters, or perhaps begin work on his PhD. Not a bad deal, or maybe he will choose to stay at UW and work towards a second masters or PhD. An even better deal.

That is a pretty sweet deal for Trey Smith. Right?

As a hypothetical, say there is a highly talented (5*) individual in athletics and is also brilliant (National Merit Scholarship recipient) in academics. The individual of any ethnicity, could be from either a ‘privileged’ or ‘economically challenged’ or a ‘middle income’ family in the USA. It doesn’t matter.

Let’s call him ‘Lucky.’ He loves football, but is a prodigy in basketball too. He chooses football as his sport to excel in.

Lucky is offered an athletic scholarship to Duke to play football. He wants to help put Duke on the ‘football relevant’ list.

Per “CollegeSimply”, An undergraduate student’s Tuition, Room, Board, Books, and Fees, at Duke is $74,339 + an athlete receives a stipend (anywhere from 2-5K) It’s Duke so let’s say it’s 5K. That’s $79,339/yr x 4 = $320,656 in scholarship ‘compensation‘ to play football (or basketball). Lucky earns a BA degree in ‘Pre Law’ in 4 years.
(Note. Per the IRS tuition and books are tax free but room board and stipends are treated as taxable income).

Lucky is accepted into Stanford Law and is offered an athletic scholarship, as a Grad transfer, to play football (or basketball) at Stanford.

Per Stanford.law.edu, the ‘enchilada’ (my term, not Stanford’s) at Stanford Law is $104,795/yr (includes 5K stipend and 3,300 computer allowance for a required ‘Stanford Laptop’. (A truly ‘jammin’,top end, Apple MacBook Air (A lowly HP product, which outperforms the Apple product at a lower cost just doesn’t ‘make it’ at the Farm, It just won’t do) costs $2800. That leaves $500 for ‘special software’.

Lucky gets a 6th year of eligibility because of the ‘COVID exemption’. During his 2nd year at Stanford, Lucky Lucky incurs a season ending injury in game 1. He applies for and the NCAA ‘grants’ a Medical exception.

The Stanford Law Program is 3 yrs in duration.

Lucky’s surgery is successful and he rehabs well but he just isn’t the same player. However he does earn a JD from Stanford Law in 3 years. That’s 3 x 104,795 = $314,385.

So if one does the math, Lucky was compensated $326,656 to earn a pre-law degree and play football (or basketball) at Duke and $314,385 to play football (or basketball) at Stanford and uses the opportunity to earn a JD from Stanford in 3 years for grand total of a mere:

$635,041

(Remember that only Tuition and books are tax free. Room, board, and stipend are taxable. I’d have to take out a serious loan just to pay the income tax on the room, board and stipends).

Per ilrg.com ‘publiclegal the median (By now we all should realize Lucky is not a median type guy) starting salary for a first year graduate from Stanford Law is $180,000 in 2019. Not bad you say. So far Lucky seems to be pretty lucky indeed.

This is pretty good scratch.

So I did a little more research. What does it cost for a JD degree at UW? How does a UW JD degree compare to a JD from Stanford Law?

If you’re interested this is continued in Part 2.

GO POKES
 
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