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UConn Athletics
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College basketball's portal recruiting hits unthinkable levels of financial chaos
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[QUOTE="AZHuskiePop, post: 5263800, member: 1609"] The reality is UConn women Basketball,on paper , * loses money every year. The SEC basketball team get a distribution from the NCAA tournament participation in the men’s Tournament plus an % of heafty medias deals so there teams may or may not make money depending on accounting. Because each school uses different accounting procedures within a greater athletic, and even University budget it’s extremely difficult to get a truly accurate P&L . But in theory NIL has nothing to do with team revenue - expenses or Profit . My understanding of it is the school doesn’t provide any funds for NIL they simply act as an administrators or middleman between the groups providing money and the player. Each player in this set up is an independent operator a pure capitalist system , whose ability to generate income is purefuly a function of some group’s willingness to pay. I think Paige was the highest paid UConn NIL player despite the team losing money every year. Thats why a quarterback for an elite team can get $10,000,000. That money has zero impact on the AD budget . Frankly it’s making legal what some of these top football schools and even basketball have been doing illegally for years , boosters providing cash payments under the table *personally I believe the UConn women are revenue positive. Team or product line P&L’s tend to be exercises in creative accounting. [/QUOTE]
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College basketball's portal recruiting hits unthinkable levels of financial chaos
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