I don't think you understand market-based economics
Every team has 13 roster spots. There are 360-ish teams in Division 1A. Therefore, there are 4,600+ available spots for college athletes who want to play college basketball. Each one of those spots will pay different amounts.
This is not dissimilar to the market forces that determine what your salary is going to be on your job. I'm just going to assume that you're a worthless employee who provides no value to your company and therefore your salary should be $0 per year. But, that's not how it works because all employees provide some value to the company just like how all players who earn a roster spot provide some value to their team. Thus, they should be fairly compensated for the value they provide.
The question here is what is fair compensation for someone who is going to be the 10th, 11th, 12th, or 13th person on roster. This is similar to hiring "entry-level" talent at a company. Someone will think $40,000 is enough money while others may pay $100,000 depending on the role and the skill set. This is the same debate here.
At the end of the day, a player may value themselves more, which is fine. If you think you're worth $250,000 a year then good for you. That only becomes an issue if no one is willing to offer you that. And, that's probably what's happening but that's because there's not structure to rev share or agreed upon contracts or things like that yet.
For VT, we might have to decide how much money to offer our starting 5 versus how much depth do we actually want/need? If players don't want to take $100,000 offer anymore then maybe spend 80% of our budget on our top 8 guys then go bargain hunting for the rest.
It's just so funny to see these debates because there's so many people on here that would describe themselves as "pro-capitalists" who absolutely hate that kind of system when it doesn't work in your favor or you disagree with the market forces behind something.
Thread Replies (20)
Interesting Tweet from Chester Frazier
-- Nicov48
Aug 01, 2025 at 10:36 AM ET
Nicov48
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08/01/25 10:36 AM ET
I think all the hand wringing on this is pointless
-- wahoo2023
Aug 02, 2025 at 09:22 AM ET
wahoo2023
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08/02/25 09:22 AM ET
-436 Silly Hoo**
-- ancient alien 2018
Aug 02, 2025 at 04:07 PM ET
ancient alien 2018
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08/02/25 04:07 PM ET
If you think 100k is the market for VT youre out of your mind...
-- GCHokie34
Aug 02, 2025 at 02:22 PM ET
GCHokie34
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08/02/25 02:22 PM ET
Agree with you but also agree that the "tweet" is probably best left unsaid**
-- BG Hokie
Aug 04, 2025 at 10:07 AM ET
BG Hokie
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08/04/25 10:07 AM ET
It became laughable when their buddies are getting a cool million.**
-- YBYSAIAHokie
Aug 01, 2025 at 05:40 PM ET
YBYSAIAHokie
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08/01/25 05:40 PM ET
you go to school for free AND you get paid six figures to live in freaking
-- bjw810
Aug 01, 2025 at 01:00 PM ET
bjw810
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08/01/25 01:00 PM ET
I don't. I want to market/sell to them...and only care about my return... **
-- RTFC
Aug 02, 2025 at 07:38 PM ET
RTFC
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08/02/25 07:38 PM ET
They will get advice, but will they follow it? No matter, they'll get no
-- saret
Aug 01, 2025 at 08:04 PM ET
saret
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08/01/25 08:04 PM ET
Plus free top tier facilities, dietitians, tutors, coaches, marketing, etc.
-- marcbvtgm
Aug 01, 2025 at 01:32 PM ET
marcbvtgm
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08/01/25 01:32 PM ET
I don't think you understand market-based economics
◄
-- MBHokie90
Aug 02, 2025 at 03:48 PM ET
MBHokie90
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08/02/25 03:48 PM ET
Why don't you give me your paycheck, and I'll supply you with some
-- King of Hokies
Aug 02, 2025 at 02:23 AM ET
King of Hokies
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08/02/25 02:23 AM ET
I think you are hard pressed to argue they have no value when they are
-- AbsolutVT03
Aug 01, 2025 at 07:12 PM ET
AbsolutVT03
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08/01/25 07:12 PM ET
If they have no intrinsic value, then why do schools compete so hard to
-- NokieHokie
Aug 01, 2025 at 07:02 PM ET
NokieHokie
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08/01/25 07:02 PM ET
At some point the irony has to hit...
-- GCHokie34
Aug 01, 2025 at 06:56 PM ET
GCHokie34
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08/01/25 06:56 PM ET
Agree, I don't understand those that fund all of this.
-- Hokie Sunshine
Aug 01, 2025 at 02:55 PM ET
Hokie Sunshine
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08/01/25 02:55 PM ET
Have you ever tried to pay bills using street cred?**
-- GCHokie34
Aug 02, 2025 at 02:23 PM ET
GCHokie34
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08/02/25 02:23 PM ET
Really? What a dumb response & thanks for missing the point of the post.**
-- Hokie Sunshine
Aug 06, 2025 at 10:01 AM ET
Hokie Sunshine
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08/06/25 10:01 AM ET
Please elaborate on why your street cred point was a good one. What is
-- BG Hokie
Aug 06, 2025 at 02:12 PM ET
BG Hokie
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08/06/25 02:12 PM ET
It was partly a joke... partly serious...
-- Hokie Sunshine
Aug 06, 2025 at 03:12 PM ET
Hokie Sunshine
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08/06/25 03:12 PM ET
And what deficiency are they trying to overcome by giving their money **
-- Hokey Pokey
Aug 01, 2025 at 06:31 PM ET
Hokey Pokey
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08/01/25 06:31 PM ET