Universities must share revenue with players

1,891 Views | 9 Replies | Last: 5 mo ago by Bucketrunner
WBBALLFAN84
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I don't know how Title IX kicks in here to benefit the women's teams and other non-revenue producing teams. Does this replace the money that the Collectives collect and give to players. This is a lot to digest.




story here:

https://sports.yahoo.com/ncaa-power-five-conferences-vote-to-approve-28b-settlement-in-house-hubbard-and-carter-cases-001736810.html
Gap
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AG
Many schools want to bring collectives in-house but there is nothing to stop another collective (or simple individual or organization) from forming outside that to be a difference maker in recruiting / retainment compared to other schools. The courts gave the individual athletes ownership of their own NIL and the schools, conference, or NCAA can't take that away.

There will always be the need for one more $1 from somewhere in a recruiting / retention battle with Texas or LSU or whoever.

College sports has less rules now to keep things under control than any professional sport.

Gap
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AG

Quote:

I don't know how Title IX kicks in here to benefit the women's teams and other non-revenue producing teams
Amazingly no one knows. They will figure all the details out after the massive pools of money are locked in.

Everyone expects school sponsorship of some sports to go away with club sport status replacing them.
WBBALLFAN84
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Gap said:

Many schools want to bring collectives in-house but there is nothing to stop another collective (or simple individual or organization) from forming outside that to be a difference maker in recruiting / retainment compared to other schools. The courts gave the individual athletes ownership of their own NIL and the schools, conference, or NCAA can't take that away.

There will always be the need for one more $1 from somewhere in a recruiting / retention battle with Texas or LSU or whoever.

College sports has less rules now to keep things under control than any professional sport.



So hypothetically there could end up being 3 pools of money that the players can obtain.

1. Sharing of revenue
2. Any Collective whether school or individual as you mentioned
3. Private companies NIL. (Car dealership, Chik-Fila...etc.)

If this is true, I was born a bit too early.
Gap
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AG
And don't forgot the $50,000-$80,000 per year that the Athletic Department and 12th Man Foundation already pony up for each athletic scholarship.
RevrndAg79
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AG
There is still a lot to be resolved through all of this, with most of the unknowns threatening to do more harm than good.

Where are schools going to raise the income for these revenue sharing pools? Is that what they are going to have to set aside from conference media contracts and other outside sponsorship deals? It surely can't come from tax distributions!

Even without using tax money, I can't imagine people wanting to see school's pouring all that extra money on athletes and not reducing the tuition and fees for regular students, or academic scholarship students. Why should only one set of students be granted access to a $20,000,000 pool of money (as mentioned, on top of their scholarship coverage of tuitions, books, and fees!)?

So, there have been a lot of impish spirits released from Pandora's Box! No wonder so many people who might otherwise have wanted to stop more of the cheating back in the day didn't push it. If cheating is an almost certainty in sports, then silence and keeping it pretty hidden was the safest way.

But secrets are harder to keep now, and the money involved has indeed skyrocketed to incredible levels - and the legality of trusts (carefully controlled and dominant business models over "labor," are not considered legal even for sports now. All that is left is to play around with distributing the money and see if it can all survive the adaptations!
Rudybryan
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RevrndAg79 said:

There is still a lot to be resolved through all of this, with most of the unknowns threatening to do more harm than good.

Where are schools going to raise the income for these revenue sharing pools? Is that what they are going to have to set aside from conference media contracts and other outside sponsorship deals? It surely can't come from tax distributions!

Even without using tax money, I can't imagine people wanting to see school's pouring all that extra money on athletes and not reducing the tuition and fees for regular students, or academic scholarship students. Why should only one set of students be granted access to a $20,000,000 pool of money (as mentioned, on top of their scholarship coverage of tuitions, books, and fees!)?

So, there have been a lot of impish spirits released from Pandora's Box! No wonder so many people who might otherwise have wanted to stop more of the cheating back in the day didn't push it. If cheating is an almost certainty in sports, then silence and keeping it pretty hidden was the safest way.

But secrets are harder to keep now, and the money involved has indeed skyrocketed to incredible levels - and the legality of trusts (carefully controlled and dominant business models over "labor," are not considered legal even for sports now. All that is left is to play around with distributing the money and see if it can all survive the adaptations!
Income ($20mil)comes out of the media money which used to be income for the athletic department will now become an expense. So the athletics pot has to be distributed as payroll so I foresee tightening the pockets and possibly closing down some sports..... projects being delayed, etc
BigJim49 AustinNowDallas
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AG
Big 12 divides up 400million this year!
Rudybryan
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BigJim49 AustinNowDallas said:

Big 12 divides up 400million this year!
so you have 14 teams divided into 400 = 28.57mil

now take out 20mil for payroll at each school leaving the school with 8.5


20Mil times 14 schools = $280 mil to the athletes

and $120 Mil to run depts in 14 schools

I feel sorry for AD there are going to be many cuts....., and days of big coaches' payout s and huge salaries are over

except I have to admit they should have never started.....

How many sports will be eliminated?

personally let me throw this out.....if athletes are on payroll why are we paying for their education?
room and board? that should be a deductible expense from each students portion of his or her 20mil cut
....................you have to balance the budget so you have to think like bean counters

PROBLEM #1 monies not being divided equally ........therefore who is responsible to adding % of worth to each student


This is going to be a cluster









Bucketrunner
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If we are paying a salary, we shouldn't pay for their school.
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