- Joined
- Dec 29, 2011
- Messages
- 3,416
- Reaction Score
- 41,074
Great piece in the Athletic today regarding the future of MTEs with the Players Era now being, or trying to be, the new big dog for feast week. I have highlighted certain parts of the article below so you aren't just taking my word for it. This reinforces what a lot of us have talked about since Maui last year. I know Hurley doesn't want to go back based on how they played, but it's also a huge financial loss for the athletic department.
It makes more sense for $$$ reasons for UConn to schedule home and homes, and big payout neutral site games than play in Maui or Battle 4 Atlantis, and lose money. Matt Nolander said on his podcast yesterday that Battle 4 Atlantis has ZERO teams scheduled for next year's event. ZERO. Look at Maui this year where the biggest names were NC State and Texas (who both lost in the first round BTW). Those tournaments are going to have to change their business models fast.
I also think from a competitive standpoint, it helps not to play 3 games in 3 days. Allow our staff the chance to scout ahead of time. With games in Boston and New York this year, I believe we are guaranteed of making north of 1.5 million. Add in the home games with Arizona and Texas, and that jumps significantly higher. Next year, we are already scheduled to play in Chicago (return game with Illinois) with a payout in the neighborhood of over 600k. Add in a Kansas home game, another home game against a P5, and add a game in NYC and Boston, and we are in business. Plus we can schedule teams after the portal so we know we are getting a good opponent. Highlights from the article:
But today, Maui and other long-established multi-team events like the Battle 4 Atlantis are facing an existential threat. This week’s Players Era Festival in Las Vegas pays players directly — at least $1 million combined per team in name, image and likeness deals. The tournament doesn’t disclose how player payouts are determined, but they will go through NIL Go, the compliance clearinghouse launched by the College Sports Commission and managed by the accounting firm Deloitte.
www.nytimes.com
Mod edit: Don't cut and paste copyrighted material. 10% or one paragraph, whichever is less.
It makes more sense for $$$ reasons for UConn to schedule home and homes, and big payout neutral site games than play in Maui or Battle 4 Atlantis, and lose money. Matt Nolander said on his podcast yesterday that Battle 4 Atlantis has ZERO teams scheduled for next year's event. ZERO. Look at Maui this year where the biggest names were NC State and Texas (who both lost in the first round BTW). Those tournaments are going to have to change their business models fast.
I also think from a competitive standpoint, it helps not to play 3 games in 3 days. Allow our staff the chance to scout ahead of time. With games in Boston and New York this year, I believe we are guaranteed of making north of 1.5 million. Add in the home games with Arizona and Texas, and that jumps significantly higher. Next year, we are already scheduled to play in Chicago (return game with Illinois) with a payout in the neighborhood of over 600k. Add in a Kansas home game, another home game against a P5, and add a game in NYC and Boston, and we are in business. Plus we can schedule teams after the portal so we know we are getting a good opponent. Highlights from the article:
But today, Maui and other long-established multi-team events like the Battle 4 Atlantis are facing an existential threat. This week’s Players Era Festival in Las Vegas pays players directly — at least $1 million combined per team in name, image and likeness deals. The tournament doesn’t disclose how player payouts are determined, but they will go through NIL Go, the compliance clearinghouse launched by the College Sports Commission and managed by the accounting firm Deloitte.
A college basketball tournament in Vegas pays players, and shakes up the sport
“These kids are like professional athletes,” said an industry expert. "They don’t care about swimming with dolphins. They wanna get paid.”
www.nytimes.com
Mod edit: Don't cut and paste copyrighted material. 10% or one paragraph, whichever is less.
Last edited by a moderator:
