Large-endowment, private D3 schools are the least troubled here imo. No athletic scholarships so many kids are paying to play, huge alumni engagement/donation generator, lower operating costs, no question about inappropriate public funding. Should CCSU or SCSU cross country exist? That's a harder question
That's almost certainly not true at UConn? We cut the men's tennis program. Women's tennis exists to match football scholarships so seems unlikely there's a ton of tuition money flowing in through that team. Also there are currently 9 athletes on the roster website
How would that not be true at UConn? I was just using it as an example but they don’t give full scholarships for a sport like women’s tennis (nor do they for golf, track, etc). Baseball doesn’t even have full scholarships. Almost all of these student athletes are paying tuition to go to school at UConn.
This money is going to come out of the NCAA's coffers or the coffers of any entity that follows.
And yet id somehow bet the Bowdoin xc team operates more financially responsibility than a large number of D1 athletics departments lol
That's pretty funny.
The current recommendation is to shoot it, esp. if you're from a Plains state
Well played and absolutely terrifying
Ned and his wife probably have half a billion dollars. Poor by Greenwich standards but still a lot of money. Ned knows money and the value of UConn basketball to the state, I'm a big Ned fan.
You could run for Governor of CT on a UCONN basketball platform and do ok. They'll find a way to make it work, not too sure about anything else though.
You may be right. I would, but I'm from Greenwich. I'd be seen as un-relatable
No worries, I live in Kirkland WA, right btwn MSFT and AMZN so not relatable at all.
frontofficesports.com
So it appears that all the potential legal fines and revenue sharing apply only to P5 schools. So, maybe UConn dodged a bullet for now.
House v. NCAA Settlement Fails to Address Biggest Question
Panic around paying damages in the House case has put it at the forefront of industry leaders’ minds. But employee classification is the NCAA’s biggest bogeyman.
The whole thing feels like trying to solve a 10000 piece jigsaw puzzle from the inside out. There's barely 40 schools that are causing real problems for the entire collegiate athletics system. Making college athletes employees seems to have one glaring issue that's rarely talked about. The value of the students' scholarships and benefits would become federally taxable income. So schools would have to pay these kids additionally to at least absorb the fed tax bill incurred receiving the scholarship?! The whole thing gets unwieldy at step 1. I'm still very optimistic for UConn and it's exceptional basketball product. I do believe the acc will dissolve this calendar year and will open up some interesting opportunities for us. And I do think you're right about the higher end academic schools and basically all the privates eventually opting away from the mega football schools.
Yeah, that's kind of what I was expecting. Looks like the shortest route to capping potential liability. Now they just have to figure a way to get thousands of student athletes to agree to collective bargaining without employment protections and we're ready to roll!
Syracuse has that media money, they will be just fine.
www.espn.com
That's interesting. I can't recall article I read over weekend, but it stated that the NCAA made about $1.3 bn this year, with expenses of $1.17 bn, leaving $130 million for their coffers. Which obviously is less than $240 million, so let's see how this is structured.As I said, the money will be coming out of the NCAA Men's & Women's Basketball Tournament. Instead of BBall being revalued to its actual worth, the football schools and the NCAA have somehow managed to DEVALUE basketball by taking a $240m chunk of the $1.1b in annual revenue and giving it to past athletes.
Sources: NCAA could pay $2.7B in antitrust suits
The NCAA's national office might be footing the bill for a settlement expected to be more than $2.7 billion in the landmark House v. NCAA antitrust lawsuit in hopes of reshaping and stabilizing the college sports industry, sources told ESPN.