Jim Boeheim screed rails against philosophy of paying college players
Boeheim spoke at a New York State Associated Press symposium Wednesday, and was asked about this unceasing issue of compensating the current college athlete. Via Syracuse.com, here's a hearty portion of the rant, which I've trimmed down by about half.
"That's really the most idiotic suggestion of all time. ... I think you have to understand something. It's really very clear. This is really clear. ... Our players get a $50,000 education. Some of them use Syracuse to develop their game, get the publicity they need, become a first-round pick and make money from basketball. Some of them like me get the scholarship, get the grades, get their education, get the chance to play basketball and then get to start life without any debt.
One point that's crucial here that people don't know. Every one of my kids that has a need-based need gets a full scholarship. If he has need he gets a Pell Grant. They get a $6,000 or $7,000 Pell Grant, plus a scholarship. People say that they should be getting compensated because there's 30,000 people in the Dome. That money all goes to pay for basketball, pays for field hockey, pays for volleyball, pays for soccer. We make no money at Syracuse University in the athletic department. Zero. We're lucky if we break even at the end of the year. The only reason we break even is because we're subsidized in some way for scholarships and we use fund raisers. Our basketball program might make 12 or 14 million (dollars) but it all goes to pay for the other sports.
-- CBS Sports