They want the BB tournament money as well is the ONLY thing that makes sense.A "super league" for big-time college sports?
The four major football-playing conferences could join forces in a league backed by private equity, a news report suggests.www.insidehighered.com
When the industry newsletters are reporting it, you can be this is heating up.
My only question is, what does this even mean?
"But the status quo is untenable for the long term, which is why conversations like this are heating up."
The G5 are already only getting peanuts. Why is that untenable?
The problem with wanting the tourney money is they already got the idiot judge to agree to a plan that takes all the tournament money to pay past FOOTBALL players.They want the BB tournament money as well is the ONLY thing that makes sense.
I think schools like UConn and Villanova are seeing as the fly in the ointment there.
Well, that and the fact that they would like to cut the Rutgers, Northeasterns and Vanderbilts of the world loose. (And Vandy beating Bama just highlights the need.)They want the BB tournament money as well is the ONLY thing that makes sense.
I think schools like UConn and Villanova are seeing as the fly in the ointment there.
If this is very forward thinking, you need private equity.Well, that and the fact that they would like to cut the Rutgers, Northeasterns and Vanderbilts of the world loose. (And Vandy beating Bama just highlights the need.)
The more interesting question is why would they need private equity? It's portrayed that the private equity would be used by our current games. First, why is outside funds needed for that? Second, if you did need outside funds to do that why wouldn't you just let existing schedules run rather than financing a buyout of a short term problem which cost you equity, forever?
The private equity piece, as currently proposed, makes no sense to me.
… and another: Project Rudy
-> Project Rudy is built on two somewhat simple concepts to increase revenue from television networks and corporate sponsors.
(1) Arrange more games between power conference programs by eliminating all games against Group of Five and FCS opponents; expanding the playoffs; and pitting blue-blood powers more often against one another.
(2) Consolidate the media rights of the 70 schools under one agreement, instead of the current structure of five different packages (one for each power league and Notre Dame).<-
So Connecticut is ahead of the game since we pay for our facilities about half the time in basketball and all of the time in football?If this is very forward thinking, you need private equity.
Schools will need to establish an employee-employer relationship with the players.
The athletic programs will need to establish a business relationship with the universities.
Money will be needed to figure out the relationship of ADs to university owned facilities.
I'm just assuming that at some point, there will need to be clearcut business practices in place so that players don't eat up all of this imaginary pie.
The only way to start that accounting is to start paying for things you never paid for before (like facilities).
8?I didn't give these 2 proposals much thought because I figured it would never happen. Reading through Project Rudy, for the 70 programs at the table here are some key bullet points. But I guess if you are not in the 70, you are out. There are too many similar level programs on both sides of the 70 split to just have a hard cut-off. UCF is in, USF is out. So this would really suck big time. Relegation and promotion would occur within the 70 programs. Some current members of SEC and Big 10 could fall into Tier 3 and earn less than currently:
- - Tier 1: the top 16 schools earn per-school revenue projections from $130 million in Year 4, escalating to $250 million in Year 12 (double the SEC and Big Ten’s current distribution rate).
- - Tier 2: the next 22 schools earn revenue of $60-$110 million (similar to the SEC and Big Ten current rates).
- - Tier 3: the last 32 schools earn projections of $30-$60 million (similar to the Big 12 and ACC rates).
- The model offers a variety of ways to determine how to tier schools: the previous season’s results, perhaps, or an aggregate of results over a stretch of seasons. The model also features a relegation and promotion system to pave a way for schools to move up and down the tiers. However, one proposed model suggests having eight “permanent” members of Tier 1, a move presumably to placate the biggest brands in the sport.
Team - Smash Capital
Our partnership has previously acquired and operated over $100B in iconic brands and invested in over $4 billion into fast growing technology companies and have during their decades long careers.smashcap.com
While SEC and Big Ten leaders mull major changes, a new Super League concept could radically alter college sports
As SEC and Big Ten leaders prepare to meet this week in Nashville for a historic summit of the industry’s two powers, there is an unreported undercurrent driving the discussion: Project Rudy.sports.yahoo.com
??So Connecticut is ahead of the game since we pay for our facilities about half the time in basketball and all of the time in football?
The university does not owe any money on the Rent. For that matter, neither do I, but neither one of us own it.??
Then university owns Gampel, right?
And it owes no money on the Rent.
But I'm sure there are a ton of new hockey, soccer, baseball, basketball and football training, facilities that it owes a hefty amount on.
I'm just saying that IF they wanted to run it all like a business (and with Smash Capital involved they might have to) they would need money to create precise responsibilities and obligations. The phony baloney account of the past would b e eliminated, especially if you have unionized employees.
If they can move money back and forth at will, they can hide profits, hide losses, hide money from players, etc. I think that era is going to come to an end. The courts have not yet addressed what is this new relationship between ADs and players, but they have to do it soon.So Connecticut is ahead of the game since we pay for our facilities about half the time in basketball and all of the time in football?
(I strongly doubt that the private equity financed dump of cash into the academic side of universities and corresponding athletic side debt/relinquishment of equity that you appear to be imagining would ever happen.)
If there is a bifurcation, and to be honest, I don't think it will happen, the athletic side will start with every advantage they have currently. It won't be a windfall for the academic side.If they can move money back and forth at will, they can hide profits, hide losses, hide money from players, etc. I think that era is going to come to an end. The courts have not yet addressed what is this new relationship between ADs and players, but they have to do it soon.
The first tax bills are going to come in a year or so.
Or Notre Dame. It's always nice to see that the cream of the crop always want more. It's not enough to be kings in Tier 1, they want guaranteed king status.8?
Alabama
Texas
Georgia
USC
Ohio St
Michigan
That's amazing that so many other schools would be left out of that permanent status:
Washington
Oregon
UCLA
Penn St
Wisconsin
Florida
Florida St
Texas A&M
Tennessee
Oklahoma
LSU
Which 2 of these 10 schools do you include?
And you know it's got to be one B1G school and one SEC school.
LOL. None of this is going to happen. N.O.N.E.
All of you guys are panicking over absolutely nothing. This turd burger isn't going to happen as it doesn't benefit the big boys. Stop crying and get up.
This is partly, or mostly, why the SEC and B1G would likely not sign off on this when they can self serve themselves and breakaway between the two of them. As I look more and more on this I am starting to see the argument on why the SEC/B1G wouldn't sign on.8?
Alabama
Texas
Georgia
USC
Ohio St
Michigan
That's amazing that so many other schools would be left out of that permanent status:
Washington
Oregon
UCLA
Penn St
Wisconsin
Florida
Florida St
Texas A&M
Tennessee
Oklahoma
LSU
Which 2 of these 10 schools do you include?
And you know it's got to be one B1G school and one SEC school.
Oh, I didn't say that. Nor would I want that. But the accounting will be clean. It will be a separate unit with its own bills.If there is a bifurcation, and to be honest, I don't think it will happen, the athletic side will start with every advantage they have currently. It won't be a windfall for the academic side.
It would be a model where the P4 survive as is and the top programs in the P2 make multiple times what the lower programs in P1-P4 make. So I could see why Ohio State and Alabama would like it. I don't think Northwestern and Vandy would be thrilled with it.This is partly, or mostly, why the SEC and B1G would likely not sign off on this when they can self serve themselves and breakaway between the two of them. As I look more and more on this I am starting to see the argument on why the SEC/B1G wouldn't sign on.
Why do you think Syracuse has any power? That's the funniest partLook, I hope you're right. However, don't get caught "whistling through the graveyard ". Syracuse has always wanted to keep us down because it compares unfavourably to UConn. Don't underestimate Syracuse and BC treachery!