OT: NIL Deals more than $600 must be approved

[shizzle787]

Every school in America has skyrocketing applications. $90m is an incredible amount of money for a university. They slash and burn entire departments for $10m deficits

This is patently false. State flagships (for the most part) and Ivy League institutions have skyrocketing applications. Most of the rest are seeing declines. Less kids are in high school. It's simply math.

 

[upstater]

This is patently false. State flagships (for the most part) and Ivy League institutions have skyrocketing applications. Most of the rest are seeing declines. Less kids are in high school. It's simply math.

Have you checked this? Because I have.

You're thinking of declining enrollment.

Enrollment is totally different than applications. Applications are skyrocketing everywhere because kids are applying to 25+ schools with things like Scoir and Coalition.

I can send you a dozen articles on this.

There are schools now with 6% admission rates that used to be 30% admission way back in the ancient times of 2018.

 

[mussels]

If its all public info, this would seem to be a good thing to create a sustainable system.

Right now everything seems to be opaque so there’s likely lots of bluffing and mis-information about what offers a player has received, and how much a collective is actually paying “player x”. As a result, some collective’s may be bluffed into overpaying for a player (which will eventually drive up the price for everyone else) and some players may be bluffed into accepting less than their true value.

 

[dennismenace]

This is beyond BONKERS!!! NCAA settlement details payouts, revenue sharing

$33m revenue shared with athletes? And some schools are already losing $30-40m a year? And Kessler gets to audit every college's books to make sure they are complying with the payouts in revenue?

Insane.

This annual loss in revenues doesn't even take into account the debt service on facilities.

Some schools are now in the business of losing $90m a year. How is this sustainable?

Well, for state schools it will be by raising taxes.

 

[uconnfan68]

So lots of 599 dollar bags are coming

Every day.