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MBHokie90
Joined: 01/11/2014
Posts: 6,175
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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.
Posted: 08/02/2025 at 03:48 PM ET
(In response to this post by marcbvtgm)

Thread Replies (20)

Full Thread →
Interesting Tweet from Chester Frazier
Nicov48 08/01/25 10:36 AM ET
I think all the hand wringing on this is pointless
wahoo2023 08/02/25 09:22 AM ET
-436 Silly Hoo**
ancient alien 2018 08/02/25 04:07 PM ET
If you think 100k is the market for VT youre out of your mind...
GCHokie34 08/02/25 02:22 PM ET
Agree with you but also agree that the "tweet" is probably best left unsaid**
BG Hokie 08/04/25 10:07 AM ET
It became laughable when their buddies are getting a cool million.**
YBYSAIAHokie 08/01/25 05:40 PM ET
you go to school for free AND you get paid six figures to live in freaking
bjw810 08/01/25 01:00 PM ET
I don't. I want to market/sell to them...and only care about my return... **
RTFC 08/02/25 07:38 PM ET
They will get advice, but will they follow it? No matter, they'll get no
saret 08/01/25 08:04 PM ET
Plus free top tier facilities, dietitians, tutors, coaches, marketing, etc.
marcbvtgm 08/01/25 01:32 PM ET
I don't think you understand market-based economics
MBHokie90 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 08/02/25 02:23 AM ET
I think you are hard pressed to argue they have no value when they are
AbsolutVT03 08/01/25 07:12 PM ET
If they have no intrinsic value, then why do schools compete so hard to
NokieHokie 08/01/25 07:02 PM ET
At some point the irony has to hit...
GCHokie34 08/01/25 06:56 PM ET
Agree, I don't understand those that fund all of this.
Hokie Sunshine 08/01/25 02:55 PM ET
Have you ever tried to pay bills using street cred?**
GCHokie34 08/02/25 02:23 PM ET
Really? What a dumb response & thanks for missing the point of the post.**
Hokie Sunshine 08/06/25 10:01 AM ET
Please elaborate on why your street cred point was a good one. What is
BG Hokie 08/06/25 02:12 PM ET
It was partly a joke... partly serious...
Hokie Sunshine 08/06/25 03:12 PM ET
And what deficiency are they trying to overcome by giving their money **
Hokey Pokey 08/01/25 06:31 PM ET