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Argument Arises to Pay College Athletes

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    Sports agent Eugene Lee on the recent discussion concerning paying college athletes.

  • Duration 5:26
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And new push in college sports to -- costs beyond tuition books and fees for NCAA athletes on top of that full ride scholarships how about a stipend back is the proposal.

And FL agent Eugene lane.

Joins us right now as he often does to comment on full -- occasionally on the sports to Eugene welcome back -- sort.

Now this is a proposal -- that's true and he will be a stipend -- and how much is just a limited stipend like the spending money right that's correct you proof.

I do I approve -- percent.

These student athletes a lot of which come from lower income backgrounds are generating huge revenues in the schools he estimated PCS -- from the title game on Monday.

Which include my alma mater was between 4440.

Million dollars between Notre Dame in Alabama that would be split between -- diamond raise the crimson time it is them.

Alabama -- -- don't remind world.

But they want so there are split about money that's -- -- -- -- there is such huge amounts of money involved that at least some of it should go to the players in the form all of a formal all pay.

You approve of this I do but but look it's a -- thing is to stop and pet that's correct and doesn't amount -- couple million a year now doesn't mean you're talking a couple of thousand its spending money and the argument goes that the time demands of being.

The student athlete.

In a high revenue generating sports -- this football or basketball.

You don't have time with practices school work travel to away games you can't have a part time job.

Well why should but an athlete who was generating millions of dollars in revenue for your employer the college.

Why should they have to scratch around for spending money I mean that's the argument is that.

I -- that's why.

A peripheral benefit of this type -- is that you're gonna limit the influence of unscrupulous characters agents and boosters.

Who prey on student athletes that come from lower income backgrounds by offering -- inducements and gifts.

By offering these athletes stipends.

You're gonna really limit the influence of these unscrupulous characters all right -- that's good ago.

There's a moral issue here you've covered the practicality.

-- But there's something obscene.

About athletes from lower income families they may be African American.

Who are working their key Easter is off for millions of dollars at well at listen here's the number.

Over the last seven years the budget and it's single school of one of these conferences eighty point four million they'd at its doubled.

Over eight years and these kids get nothing from that but when -- so morally.

Shot like really look like really unusual Eugene does as well but that okay we've got the issue of the stipend but everybody -- -- -- -- -- How did the salary al-Qaeda ask the next question.

Do you approve.

All full salaries for these guys millions of dollars -- college athletes you've proven that I do not I think that you're gonna run into a slippery slope argument.

If you pay these individuals these -- based upon their performance based on the planet field.

How do you differentiate you pay a higher profile player more than a less a lower player you -- the star quarterback more than interior offensive lineman.

That's the slippery slope -- -- -- -- Lee had his druthers how much would you pay college athletes football wise how much.

I pay enough where they could enjoy the full -- given the how -- how much.

Fifty grand a hundred grand 25002000.

Month one is.

I would pay them 2000 month.

2000 month yes.

That's not much when you go to college budget -- -- a million kids deserve real salaries yet so heavy lift so -- saying they cannot participate in the big money that's available to colleges for football.

You're gonna run into an issue than with sports across the board and this has been disgusted him.

Do you pay more hired revenue generating sports such as football and basketball.

Or do you pay less to sports such as volleyball golf cross -- all right Charles buy and hold on a second there the man his says -- -- -- -- may -- 2000 a month in the form of a salary.

Because but don't -- in the really big books you used to play full -- what's your opinion.

I I think he -- him more into grand you don't -- you know like three.

I'm Lester -- number has -- -- a woman on the data -- more than to -- because there's still vulnerable to those unscrupulous people that you talked about that's still not enough.

And it still doesn't reflect -- argument either now Chris -- was here he would say.

They're getting a 50000 or at the 100000 dollar dictation.

I get at that into the equation as well those are for people who -- who count on this but I've always believed that they should be paid something well I think it's going to be -- it to my attention that the market will look -- -- -- -- colleges bid to -- blindness I'll give you ten million euros in -- I don't know all they do now because they have these supreme programs and -- go -- these programs you have a big you have a chance of you know going to a top draft when you get drafted by the -- so essentially it's a bidding process now without the money.

But then there are these boosters behind it seemed to really dole out some big -- -- points.

Rumors that force scholarships.

Cannot cover the full cost of attending college nowadays ideals are not included trips home clothes so -- also rising got to get a -- legit but you won't go as far as a full market oriented salary I think you make it even across the board you remove the slippery slope.

But I'd love to hear what our viewers think about this -- look I'm a total outside at a college sports and I don't know what I'm talking about but I -- markets okay so chime in on FaceBook call volume foxbusiness.com.

Of one -- -- what you think.

She would let the market look should we offer competitive salaries to college athletes yes -- -- the will get back to this next week huge.