New Article on Rev Share

[How Sway?!]

Figured this needed it's own thread. So much for the Big East not being able to compete moving forward. Also, someone tell yahoo sports that UConn is the furthest thing from a mid major.

Could impending rev share-changes help cinderellas in the future everybody will be in the game

 

[B1GEast]

It won't be enough. The NCAA tournament now looks a lot more like the college football playoffs.

It's a shame

 

[How Sway?!]

It won't be enough. The NCAA tournament now looks a lot more like the college football playoffs.

It's a shame

Did you read the article lol

Greg Sankey and multiple Power conference ADs are on record saying the Big East will have more revenue share for basketball than them. Seems to me like it will be enough

 

[FfldCntyFan]

I need someone to identify what school that doesn't have football revenue would be willing to spend $20 million a year in revenue sharing.

 

[bendm]

music to my ears, here are some noteworthy quotes:

Though Big East budgets are a fraction of those in the power leagues — their schools earn $4 million to $5 million annually in conference distribution compared to $40 million-plus in the P4 — Big East members are financially strong enough, with donations, university subsidies and basketball revenues, to share a portion of the $20.5 million.

As many as a dozen non-power league Division I schools — many of them in the Big East — are planning to spend at least $5 million on their men’s basketball roster next year, with a smaller group hoping to reach the $6 million and $7 million marks, those with knowledge of the plans told Yahoo Sports.

“In the Big East,” says Duke athletic director Nina King, “their basketball revenue-share portion will be a lot more than what those of us can do who have Division I power football programs.”

“Big East schools next year can pay $6 million or more to their basketball team,” said Houston athletic director Eddie Nunez, “and that’s a game-changer.”

Though he declined to comment on his distribution plan, UConn athletic director David Benedict believes that “at minimum” schools need $5 million for a men’s roster, $1 million to $2 million for a women’s roster and in the “neighborhood of $5 million” for a Group of Six football roster. Such figures, he believes, will put those teams near the top of their respective sports in the revenue-share era.

 

[UConnSwag11]

Did you read the article lol

Greg Sankey and multiple Power conference ADs are on record saying the Big East will have more revenue share for basketball than them. Seems to me like it will be enough

Sankey is a snake.

The past year or so we’ve heard how football schools are becoming powerhouses in basketball because of all the football money.

They just want it all without competition

 

[B1GEast]

Did you read the article lol

Greg Sankey and multiple Power conference ADs are on record saying the Big East will have more revenue share for basketball than them. Seems to me like it will be enough

More money doesn't mean more opportunities to advance in the tournament.

Don't forget that the big conference schools also get a lions share of the football revenue. This combined basket and football revenue allows those universities to vastly outspend smaller schools.

I don't care that the Big East teams get a little more change in their pocket. It doesn't compare to what the aggregate revenues of the SEC and B1G get and will spend.

 

[TheHorde]

More money doesn't mean more opportunities to advance in the tournament.

Don't forget that the big conference schools also get a lions share of the football revenue. This combined basket and football revenue allows those universities to vastly outspend smaller schools.

I don't care that the Big East teams get a little more change in their pocket. It doesn't compare to what the aggregate revenues of the SEC and B1G get and will spend.

Right. At the end of the day the seedings will likely break the way of the P4 schools, as will the last schools in on the bubble. Look at how many Big East schools were seeded in the 8/9 death bracket seedings. It’s like in football to get the bye you needed to win your conference. So by definition, Independents get screwed, and the chosen conferences get rewarded. ND defied the odds and ran the table to the title game without a bye. You better believe that made a lot of Big 10 (18? 20?) and SEC backers big mad.

 

[ctchamps]

More money doesn't mean more opportunities to advance in the tournament.

Don't forget that the big conference schools also get a lions share of the football revenue. This combined basket and football revenue allows those universities to vastly outspend smaller schools.

I don't care that the Big East teams get a little more change in their pocket. It doesn't compare to what the aggregate revenues of the SEC and B1G get and will spend.

Sounds like spin to me. Not buying it.

 

[bendm]

More money doesn't mean more opportunities to advance in the tournament.

Don't forget that the big conference schools also get a lions share of the football revenue. This combined basket and football revenue allows those universities to vastly outspend smaller schools.

I don't care that the Big East teams get a little more change in their pocket. It doesn't compare to what the aggregate revenues of the SEC and B1G get and will spend.

you clearly still havent read the article. this has nothing to do w/ BE teams getting "a little more change in their pocket," whatever the hell that means. the article is predicting that the P4 will spend 85% of sharable revenue on football...so the money they will have left to spend on bball will be less than what the BE and midmajors will spend since they dont have to support football...

 

[superjohn]

More money doesn't mean more opportunities to advance in the tournament.

Don't forget that the big conference schools also get a lions share of the football revenue. This combined basket and football revenue allows those universities to vastly outspend smaller schools.

I don't care that the Big East teams get a little more change in their pocket. It doesn't compare to what the aggregate revenues of the SEC and B1G get and will spend.

And still most of those big dogs operate at a loss.

 

[B1GEast]

And still most of those big dogs operate at a loss.

A loss they can easily afford. Those football payouts will help offset losses.

All they, the bigger conferences, really want to do is expand the field and get even more revenue for themselves.

 

[BigTenFan]

Question- is the 20 million split among all sports like track and field. Baseball, hockey etc.....
Or is it just bb and football?

 

[Scrutineer]

Too many posting here so far are either naive about Sankey, and the SEC and B1G, or didn't read to the end of the article.

Here's probably the most important quote:
"Earlier this spring, the SEC authored a proposed NCAA governance model that would grant the four power leagues more control of rule-making and legislative decisions. In a more significant move, the model would also give the SEC, Big Ten, ACC and Big 12 more influence and management of postseason championships, most notably overseeing access and revenue distribution of the men’s basketball tournament."

No one should believe the two leagues who've orchestrated the evolution from scholarships alone to "full cost of attendance" to NIL and now to Revenue Sharing will ever live with the restrictions in place for year one of revenue sharing.

They're already talking about adjustments as early as year two because the cost of scholarships will count against the $20M starting in year two and the P4 won't allow that to get in their way.

The prediction is the P4 will find ways around the rules or change them to come up with additional money to serve their interests because, as one B1G AD says, “There’s not enough real NIL deals,” quipped one Big Ten athletic director, “for even North Carolina to do that.”

 

[Scrutineer]

Question- is the 20 million split among all sports like track and field. Baseball, hockey etc.....
Or is it just bb and football?

"The most common formula is 70%-85% to football, 10%-20% to men’s basketball and the final 10%-15% to other sports."

Try reading the whole thing. The B1G and SEC will drive all decisions such that they can milk the system and drive out the little guys. Maybe you can use your influence to help out us peons..........

Another point. Check how much the SEC spent per team on NIL this year. "According to estimates within the SEC — which qualified an NCAA-record 14 teams into the NCAA men’s tournament — roughly half of the conference spent at least $5 million on their roster."

Does anyone believe that will be true in the Big East?

 

[Kolumbo]

This article lost me at:

"By most accounts, four of those five power league programs spent more on their rosters than their mid-major opponents, in some cases by as much as $2 million. The outlier is UConn."

I thought he meant UConn didn't spend more than the mid-majors. Then I realized it wasn't worth the effort.

 

[bendm]

They're already talking about adjustments as early as year two because the cost of scholarships will count against the $20M starting in year two and the P4 won't allow that to get in their way.

this would benefit all conferences/schools not just the P4

 

[superjohn]

"The most common formula is 70%-85% to football, 10%-20% to men’s basketball and the final 10%-15% to other sports."

Try reading the whole thing. The B1G and SEC will drive all decisions such that they can milk the system and drive out the little guys. Maybe you can use your influence to help out us peons..........

Another point. Check how much the SEC spent per team on NIL this year. "According to estimates within the SEC — which qualified an NCAA-record 14 teams into the NCAA men’s tournament — roughly half of the conference spent at least $5 million on their roster."

Does anyone believe that will be true in the Big East?

To answer your question, yes.

 

[superjohn]

i mean, you said you read the article. Benedict is quoted saying at least $5mill. It also said SJU and Nova can spend $6-8 and we've already gotten confirmation that the SJU number is low.

Nova spent 3 million between two players last season and the team wasn't even good.

 

[bendm]

Nova spent 3 million between two players last season and the team wasn't even good.

i was conflating revenue and NIL for a second but yeah, Nova and SJU should be able to spend $6-8mill in NIL and another 6-8 in revenue.

 

[How Sway?!]

Oh look, another article stating the Big East will have an advantage once revenue share comes in.

College basketball’s transfer portal opens with prices rising again. Which schools will keep up?

"That’s especially true for basketball programs in the Power 4 leagues, which fear that non-football-playing schools, especially in the Big East, will have an advantage. SEC and Big Ten programs may have an easier time setting aside the $20.5 million for athletes because they bring in more in revenue, but what, for instance, is to stop Villanova or St. John’s from allocating $15 million for men’s basketball alone?

“You might see the Big East be back back,” the GM said."

 

[BigTenFan]

"The most common formula is 70%-85% to football, 10%-20% to men’s basketball and the final 10%-15% to other sports."

Try reading the whole thing. The B1G and SEC will drive all decisions such that they can milk the system and drive out the little guys. Maybe you can use your influence to help out us peons..........

Another point. Check how much the SEC spent per team on NIL this year. "According to estimates within the SEC — which qualified an NCAA-record 14 teams into the NCAA men’s tournament — roughly half of the conference spent at least $5 million on their roster."

Does anyone believe that will be true in the Big East?

I am just happy that Purdue hasn't raised tuition in 10 years- it's the same as it was in 2015.

 

[superjohn]

i was conflating revenue and NIL for a second but yeah, Nova and SJU should be able to spend $6-8mill in NIL and another 6-8 in revenue.

I didn't notice, I get confused on the money stuff all the time and I don't really understand where it's coming from at all these schools but it's there. The Big East isn't going away despite all the dread on this board.

 

[Scrutineer]

I am just happy that Purdue hasn't raised tuition in 10 years- it's the same as it was in 2015.

That has to be the stat of the year.......or decade.

 

[FfldCntyFan]

Oh look, another article stating the Big East will have an advantage once revenue share comes in.

College basketball’s transfer portal opens with prices rising again. Which schools will keep up?

"That’s especially true for basketball programs in the Power 4 leagues, which fear that non-football-playing schools, especially in the Big East, will have an advantage. SEC and Big Ten programs may have an easier time setting aside the $20.5 million for athletes because they bring in more in revenue, but what, for instance, is to stop Villanova or St. John’s from allocating $15 million for men’s basketball alone?

“You might see the Big East be back back,” the GM said."

It would be great if a number of BE schools go into a deficit spending position in order to allocate $15 million for basketball revenue sharing. As the revenues currently average about $6 million per school, asking member schools to begin spending an additional $15 million annually (they will still have coach's salaries, recruiting budgets, travel expenses, etc. All things that had been covered primarily from the $6 million annual revenues) may be an excessive ask for most BE schools.