How UConn is preparing for revenue sharing with its athletes (Mike Anthony @ Hearst)

[huskymedic]

Worth the time to read the landscape ahead:

 

[microfich]

It's comforting to see Benedict playing ahead and with clear vision of the current and future revenue landscape while overseeing an incredibly successful athletic division over his tenure.

Hovering above, however, are the clouds about which he can only do so much to dissipate and reveal us in a P4 conference with dependable dollars. As the article suggests, the revenue streams for maintaining programs and paying athletes at UConn, while growing at an historically dizzying rate, will probably not be enough for sustained excellence.

NIL collectives currently keep us breathing for basketball, where there are a small number of players sharing around $12 MM. By contrast, P4 football, where the Phil Knight-led collective at Oregon spent $969 MM and even the 30th ranked collective, UNC, spent $344 MM.

He is a worthy David but slinging peas at the P4 $reen $iant.

 

[aburks41]

It's comforting to see Benedict playing ahead and with clear vision of the current and future revenue landscape while overseeing an incredibly successful athletic division over his tenure.

Hovering above, however, are the clouds about which he can only do so much to dissipate and reveal us in a P4 conference with dependable dollars. As the article suggests, the revenue streams for maintaining programs and paying athletes at UConn, while growing at an historically dizzying rate, will probably not be enough for sustained excellence.

NIL collectives currently keep us breathing for basketball, where there are a small number of players sharing around $12 MM. By contrast, P4 football, where the Phil Knight-led collective at Oregon spent $969 MM and even the 30th ranked collective, UNC, spent $344 MM.

He is a worthy David but slinging peas at the P4 $reen $iant.

Oregon spent nearly $1 Billion in NIL? What are you talking about lol

 

[Samoo]

Each player gets $10 million in Eugene...

 

[microfich]

My error.
Knight's money was largely donations beyond the NIL collective. He has spent upwards of 2 billion for Oregon.
Still, the school, not necessarily players directly, enjoy his support like none other.

 

[Lafayette]

My error.
Knight's money was largely donations beyond the NIL collective. He has spent upwards of 2 billion for Oregon.
Still, the school, not necessarily players directly, enjoy his support like none other.

Knight was on this as early as Prefontaine so not especially crazy with NIL.

 

[Scrutineer]

My error.
Knight's money was largely donations beyond the NIL collective. He has spent upwards of 2 billion for Oregon.
Still, the school, not necessarily players directly, enjoy his support like none other.

What about uNC?
They couldn't possibly have spent $344M on NIL, nor could they have $344M in revenue.

 

[StllH8L8ner]

Each player gets $10 million in Eugene...

But you have to play on that God awful court.

 

[HooperScooper]

The NCAA Division I Board of Directors met today to map out how revenue sharing and NIL would work and how they would have to change the NCAA rulebook. Nothing really new here but this does explain more specifically how things will work.

NCAA floats rules for direct payments to players

The NCAA proposed deleting 153 rules from its handbook, a move that will allow schools to share financial benefits directly with players.

www.espn.com

 

[HooperScooper]

Revenue sharing.....

House v. NCAA case: Judge threatens to reject settlement over roster limits, sets hard deadline

A federal judge issued a 14-day deadline for both parties to come to an agreement

www.cbssports.com

 

[husky429]

I'm curious what top olympic sport athletes will make. There's big money in T&F professionally, not sure about track.

 

[huskymedic]

 

[Lafayette]

I'm curious what top olympic sport athletes will make. There's big money in T&F professionally, not sure about track.

Sadly, you have to declare Olympic and Paraolympic earnings on your taxes (see Schedule 1 Additions).

But athletes are paid by the Country they represent. We give ~ $37.5k per gold.

 

[huskymedic]

Related subject matter: