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UConn Athletics
UConn Men's Basketball Forum
NCAA Revenue Sharing Update
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[QUOTE="Drew, post: 4990127, member: 3723"] UConn going to one bowl game in 8 years and winning the NCAA Tournament The last two years has [B]zero[/B] bearing on what is coming in the future of college athletics. You are conflating results of on field competition with legal litigation and future financial requirements. They are two completely separate things- Everyone has been talking for multiple years now about the new financial realities that will be required in order to compete at the highest level. That is now coming to light. You claim that the Big East teams will all pay this money. $20M added costs annually is going to be an increase of anywhere from 40-60% of these schools’ existing budgets. You can’t just pull that out of a hat and good luck essentially taxing students through added fees who are taking out loans to pay for college so that the schools can eventually try to pay that money directly to their classmates. Surely that would go over great. “Revenue sharing isn’t going to happen” - absolutely no idea how you can read anything in the article linked and come to that conclusion. The entire article is about how that is expected to happen. ”Schools will be forced to pay players directly within 5 years”. So…….. sharing the revenue they generate with the players then. And how do you think it will go when schools bringing in $100M+ annually are paying athletes directly on top of collective compensation and other NIL opportunities? This is a massive problem for the university. They have no money. Zero. Pretending like adding more liabilities to UConn’s balance sheet without increasing revenues somehow isn’t an issue for us is laughable. And if you somehow think the state legislature is going to randomly vote to allot $20M annually to UConn’s athletic department to do this while we have been asked to cut our overall budget over the last 3 years, then you’re even dumber than I thought. [/QUOTE]
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NCAA Revenue Sharing Update
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