I wonder if the NCAA will ever put a cap on this.
No, they have the biggest and most rabid fanbase in the sport and there's no rules.In all candor, does this surprise anyone?
I wonder if the NCAA will ever put a cap on this.
I wonder if the NCAA will ever put a cap on this.
Disgusting
Cap at 6000000 500 k x12
Free education and 1-2 mm is reasonable
I don’t mind kids making good money but there has to be curbs
100% ... their basketball fan base travels like no other ... but we have their numberKY is to NCAA men's basketball as the Yankees are to MLB. Biggest spenders with no chips.
“For the good of the game”?It's bad precedent. For the good of the game I hope it blows up in their face. Lot of pressure on Pope when a desperate and deprived (and insane) fan base sees that. Would love to see a breakout of who got what as hard to believe. Quaintenance must have made out like a bandit.
I hear you on the “for the good of the game” part, but if we’re being honest, the monopoly didn’t start with NIL. It’s been alive and well for decades. Big programs have always had the best facilities, biggest TV deals, most national exposure, and the deepest pockets for “creative” recruiting. The only difference now is that the players finally get a sliver of the same free-market benefits that coaches, ADs, shoe companies, and TV networks have enjoyed for years.“For the good of the game”?
I am a dyed-in-the-wool free market capitalist. Made my wealth/lifestyle over 40 years of straight commission sales. BUT………competitive sports, pro or college, depend on a marketplace that rewards (and penalizes) success and/or failure on the gridiron, field, court, rink. Monopoly, based on (NIL) spending will erode competition. How many consecutive years of Ohio State/Alabama, Georgia/Michigan, or LSU/Clemson will the football watching audience tolerate before getting bored?
And then tune out.
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I’m guessing you’ve not seen the $2 billion offer the Big Ten is negotiating with private equity?? It’s the beginning of the end of college athletics.UNC is soliciting Saudi investor money to support their athletic department. It's just a matter of time before private equity controls D1 sports.
Private equity will be the end.UNC is soliciting Saudi investor money to support their athletic department. It's just a matter of time before private equity controls D1 sports.
How is this new?Private equity will be the end.
Phil Knight isn't a private equity firm. Universities have always had rich and mega rich alumni donating massive sums to their alma mater.
That amount does surprise me. Ohio State spent about $20 million on their football team last year. And football has a lot more players and also I'm sure OSU football makes a lot more money than Kentucky basketball. So yeah that number is surprising. At least OSU did win the championship. Let's see what Kentucky does.In all candor, does this surprise anyone?
so it appears that we agreePhil Knight isn't a private equity firm. Universities have always had rich and mega rich alumni donating massive sums to their alma mater.