I'll get right to it. Source data: http://ope.ed.gov/athletics/
Football:
Average Net Revenue: $9.35 million
Average Net/Player: $81,126.27
Net Margin: 42.8%
Basketball:
Average Net Revenue: $2.57 million
Average Net/Player: $167,233.81
Net Margin: 38.6%
If we're ever going to get to a system where corruption scandals like what we've seen with the University of Miami football program are a thing of the past, we have to get real about fairly compensating players for their efforts. I am of the mindset that players should be getting any revenue in excess of cost + 10% (ie., 10% net margin).
Average Player Compensation (Proposed Model):
Basketball: $140,603.28
Football: $70,304.51
Given that the expenses column referenced above already included the cost of education for the players, I think these compensation numbers should be in addition to the cost of education.