UCFBfan
Semi Kings of New England!
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In the article Drew posted there was something that struck me:
This is one area where I kinda feel like we can play the game. As a large state university, I have to hope we have the funds to stay in this if it is just a financial game. If they can get a way through this gate, they can share the insane revenue that will come in with the new CFP, which the article projects to be in the $1.7-2 billion range annually.
The whole thing scares me because it really seems like the gig is up. The ship is actually sinking and the last life boat is actually gone. We keep hoping the next thing will come but it is looking like it's almost too late.
The Great Split is no longer a far-fetched idea or a long-shot theory. It is instead a looming reality in light of legal challenges facing college athletics, most notably the costly House antitrust case against the NCAA and the power conferences.
The case, seeking as much as $3 billion in retroactive name, image and likeness (NIL) and broadcasting revenue payments, is the latest lawsuit expected to chip away at the NCAA’s bedrock of amateurism. The case will, undoubtedly, force the organization to distribute more revenue to athletes like those legal losses before it (think: cost-of-attendance payments in 2015 and Alston academic-related stipends in 2021).
However, the House case is much more significant, as it opens the door for direct pay to athletes by seeking the elimination of the NCAA’s NIL rules. One SEC president describes its outcome as financially “catastrophic.” There is talk of FBS schools each chipping in upwards of $5-10 million in potential settlement payments.
It seems like it's going to be a case of if you can afford to be in the game or not. Can you afford to pony up the bill for the outcome of the House case? If you can, then you have got yourself a piece of the revenue. If you can't, thanks for your interest in playing what was once NCAA football.But it is the House case that may drive the final wedge between the haves and have-nots of college sports. The Power Five shares CFP and NCAA tournament revenue with other schools.
A dividing line is forming between the schools and conferences that can and cannot afford to contribute to payments if the House case is settled or lost.
This is one area where I kinda feel like we can play the game. As a large state university, I have to hope we have the funds to stay in this if it is just a financial game. If they can get a way through this gate, they can share the insane revenue that will come in with the new CFP, which the article projects to be in the $1.7-2 billion range annually.
The whole thing scares me because it really seems like the gig is up. The ship is actually sinking and the last life boat is actually gone. We keep hoping the next thing will come but it is looking like it's almost too late.