You know I was sort of joking, but it is amusing that a pro salary is less than the salary of an unproven college freshman???
This problem is actually what led to entry year regulated pay across all sports. Back in the day Joe Namath was highest paid NFL player, while be was still a student at Alabama. Pros hated seeing a kid get millions for potential, while they got peanuts for actual proven performance.
Owners didn't mind paying a few stars well, but couldn't overpay the whole roster.
Compromise in CBA was series of low paid entry years, followed by free market free agency. Players like it, as only players who earn it on the field get paid.
Owners like it, as it gives them cheap young players to keep total payroll down (or under cap).
A problem that has existed in most pro sports for decades. The veterans had a point, however, when you think of some of the busts in the NBA and NFL leagues alone.
Yeah, some of what I have read concerning NC State has been about the rev share being 20.5 million (which I guess is the max for all power schools next year) and some I have read seem to think most schools will allocated 75-80% to football, 15-20% to MBB and the remaining 5% or so to non revenue sports however they see fit.
Each school can do their own thing obviously, Tennessee may put $1 million to WBB whereas maybe Arkansas puts $100k or something. I have no idea. This is obviously all money from rev share and has nothing to do with fan donations.
To hear Wes Moore tell it, the Pack is fishing in much smaller ponds than a lot of the national powers. He's talked about needing to be able to fish in the P4 ponds but we have been more like mid major ponds in the last 2 years. I just wondered what type of money gets you in the mix for top talent.
The way I understand it--for a typical, well-run P4 athletic department (Top 45-50 football, Top 30ish men's basketball, and Top 25 or so women's basketball):
I don't know how that looks for programs that have struggling WBB teams but a thriving volleyball (e.g., Pitt) or women's soccer program (e.g., FSU), but the above seems to be the typical breakdown for an average P4 athletic department. I would assume that NC State will be close to this given its recent success in WCBB.
I feel like we’ve come a long way in Oklahoma since C. paris offered to repay her scholarship in full for not following through on a NC to A. Chavez asking for 7 figures to play there. I’m not sure how to reconcile this in my head.
Excuse me if this was posted (just so many posts on this thread), but Stanford Coach Kate Paye has said that her team has no one declaring for the portal and that she does not intend to bring any transfers in. Only newcomers will be incoming freshmen (and she has a good class).
(seen on a few threads, including Raoul.)
I feel like we’ve come a long way in Oklahoma since C. paris offered to repay her scholarship in full for not following through on a NC to A. Chavez asking for 7 figures to play there. I’m not sure how to reconcile this in my head.
The true value is market value, not athletic value. You cannot truly say a kid is worth 1.5 million on the market. This is just a bidding war for the talent not their market worth. The endorsements come with success and at this point at this level....there is no success. You are not going to invest in a house that is not equal to the market value just because you like the set up. If you do....you are very foolish investor. It is true that its worth what someone is willing to pay if there is no way to access the value. If there is a market value, then that will absolutely come into play. You think a bank is going to loan 250K on a house with a market value of 100K? Not happening. There is no "true" market value. There is only a bidding war for the talent.
The true value is market value, not athletic value. You cannot truly say a kid is worth 1.5 million on the market. This is just a bidding war for the talent not their market worth. The endorsements come with success and at this point at this level....there is no success. You are not going to invest in a house that is not equal to the market value just because you like the set up. If you do....you are very foolish investor. It is true that its worth what someone is willing to pay if there is no way to access the value. If there is a market value, then that will absolutely come into play. You think a bank is going to loan 250K on a house with a market value of 100K? Not happening. There is no "true" market value. There is only a bidding war for the talent.
I realize that women's hoops is not men's hoops or football. Are you aware what high school QB Bryce Underwood who signed with Michigan reportedly received for signing with the Wolverines in November? $10.5 million. What's the difference as neither has played a minute in college yet?
There is a lot to do in Phoenix. It is one of the largest cities in the United States; 8 of the 10 largest cities in Arizona are Phoenix and its suburbs. During visits for various reasons, we are always doing something besides the reason we went.
I've visited Santa Fe and Albuquerque. Like Tucson, where I live, there are certainly things to do, but they are not extraordinary. If Tucson didn't have the U of A, there would probably be much less; but we have lots of "arts", first rate restaurants (Tucson is an International City of Gastronomy, the first in the US), etc.
I realize that women's hoops is not men's hoops or football. Are you aware what high school QB Bryce Underwood who signed with Michigan reportedly received for signing with the Wolverines in November? $10.5 million. What's the difference as neither has played a minute in college yet?
Yes....a bidding war for his talent. You are still not getting it. It's not based on what money he can bring in to support the amount they are giving him. There is no way to gauge that. That is the problem with this whole mess. This is not a 'market value" game. It's just a 'we could win so offer him the ceiling'. The money he could bring in is not measurable.
Yes....a bidding war for his talent. You are still not getting it. It's not based on what money he can bring in to support the amount they are giving him. There is no way to gauge that. That is the problem with this whole mess. This is not a 'market value" game. It's just a 'we could win so offer him the ceiling'. The money he could bring in is not measurable.
‘My understanding is the 10.5 million is over 4 years, still a lot of money to most people and it was put together by a NIL co-op with Larry Ellison (his current wife is a Michigan alumn) and 10.5 million to Larry is probably like 1000 to you and me.
Yes....a bidding war for his talent. You are still not getting it. It's not based on what money he can bring in to support the amount they are giving him. There is no way to gauge that. That is the problem with this whole mess. This is not a 'market value" game. It's just a 'we could win so offer him the ceiling'. The money he could bring in is not measurable.
I think you want to make your perspective everyone else's perspective. Michigan "gauged" how much he can impact their program, and the NIL investors did so, as well. They determined a price and based on their research and projections, they will hope (just like in any other investment anyone makes) the return on their investment comes to fruition in the way of wins.
Every player drafted in any draft (MLB, NFL, NBA, etc.) is a gamble to the investors. How many first round QB's have we seen be busts over the decades despite years of success in college?
The bigger question for WBB and other sports is how much of the revenue/nil money gets shared with other sports. womens hockey and volleyball, but not WBB.
It's important too I think to remember that college sports is a form of entertainment at its foundation. There are associated factors with the audience engagement in this entertainment but first and foremost it is a significant entertainment industry. "American college sport is big business. It is exponentially bigger, louder, and shinier than anything comparable in Europe. Yet, despite its omnipresence in the US, the sheer scale of its vast commercial and cultural footprint doesn’t always penetrate the public consciousness on this side of the Atlantic."
In aggregate collegiate athletes will now have an opportunity to receive some proportion of the revenue generated by their sports. From my point of view this is unambiguously positive.
In particular however it will be interesting how those funds are allocated . The vast majority I would suspect well over 90% of the funds will be at the P4 level. Therefore the vast majority of athletes will not be affected. There will be individual cases like Chavez and in the case of the NAU Lumberjacks Sophie Glancy who is reportedly received $500 over the past year lol I think as we consider and react to this changing landscape we need to keep this clear reality in mind the vast majority of athletes will not be affected. Lacrosse players at Carlton college in Minnesota will not be affected baseball players at Drake will not be affected. Swimmers at Oberlin college will not be affected. Rugby players at East Tallahassee State will not be affected. This point is clear.
In an earlier post I indicated that the rich get richer. A more accurate depiction would be there will be reallocation among these P4 schools as far as all sports are concerned particularly women's basketball. Thinking back over the various posts on the by on this topic over the past year we can see clear evidence of the churn.
As these turbulent times work out toward an equilibrium I'll be surprised if women's basketball athletes receive much more than 10% of aggregate additional payment with only a tiny tiny unpacked non-p4 schools. Obviously football will be the prime beneficiary followed by men's basketball and then I think we haven't yet seen this happen yet but there will be singular cases reported in sports like women's softball I'm looking at you Oklahoma and swimming. But again it will be insignificant to the total.
There are a number of extremely well-known and very competent sports economists who I'm confident will be studying this over the next 10 to 15 years to provide some clarity.
The last source below explores the impact of this NIL increase in college revenue to sports gambling a topic I had never really considered but which may have really significant future impacts. I just watched a PBS special on the black socs and have regularly thought about Pete Rose. My private view you cannot call your museum a Hall of Fame without Pete Rose the all-time hits leader.
I have an overarching view that transparency and openness is preferable to clandestine and hidden. I also have a bias for individual decision making over collectivism. Regardless of those two points of view the accelerating changes in the labor market and payment methodology in the college entertainment industry will accelerate and in my view be very positive.
Note: interesting result): We conclude that while NIL is certainly a new aspect of recruiting to which universities must devote resources, the existence of NIL is unlikely to cause a dramatic shift in the distribution of talent in college football.
Bard College technical analysis applying the theory of market structure to the labor market.
The debate for the last several decades over paying college athletes took a major turn in 2021 with the implementation of an interim policy on name, image, and likeness (NIL). This policy finally allowed athletes in the National Collegiate Athletic Association (NCAA) to earn an income by...
Absolutely the role of a parent/family in supporting a offspring transition to adulthood. This is exactly what a family should be doing.
Imagine your non athlete child considering colleges - one college welcomes the child for enrollment with no scholarship, another offers a scholarship and a third offers a scholarship full room and board, and a fourth . . . .
One would hope a loving, involved, thoughtful, caring family parent would assist.
Think about 10 years ago, a player with eligibility says that they are returning. LOL. The constantly changing landscape - of entertainment . . . and life.
Okay...what's happening at Ole Miss? Not sure if any of these were more than role players, but 5 is a bit eye opening. I thought the coach was very well liked.
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