Change Ad Consent
Do not sell my data
Reply to thread | The Boneyard
Menu
Forums
New posts
Search forums
What's new
New posts
Latest activity
Chat
UConn Men's Basketball
UConn Women's Basketball
UConn Football
Media
The Uconn Blog
Verbal Commits
This is UConn Country
Field of 68
CT Scoreboard Podcasts
A Dime Back
Sliders and Curveballs Podcast
Storrs Central
Men's Basketball
News
Roster
Schedule
Standings
Women's Basketball
News
Roster
Schedule
Standings
Football
News
Roster
Depth Chart
Schedule
Football Recruiting
Offers
Commits
Donate
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
UConn Athletics
UConn Women's Basketball Forum
Questions on NIL and a POI [?] of ours
.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="JordyG, post: 4223611, member: 6819"] I specifically said Diana was making under 230K, and that her contract overseas is 1.5 million. I also specifically said top players entering the league would make 50K, but would be offered 10 times that to play overseas. But lets take in other considerations. The new CBA offers improved living conditions for players, but it's still a pittance compared to playing overseas. The new deal provides 2 bedroom apartments for even the best players with children. Overseas, these top players are living rent free in 6 bedroom villas with indoor pools and saunas, part time cooks, interpreters, and full time drivers. More, they could receive multiple round-trip, business-class flights between the United States and their home European city during the season, and regularly fly business class or charter for road games. They would play in a new arena with a photo mural of the team stretching across the entire back wall. For Diana and Bird the owner phoned them several times a day, took them to dinner and shows, and flew them abroad on break. If I'm Caitlin Clark coming out of college, why the hell would I want to play in the US for 57K when I could potentially make 10 times that with all these benefits? Hell, she already makes that in NIL. What's the incentive? Where is the reward versus the risk? [B]That [/B]is what a free market economy is and does. Revenue sharing is based on potential, and it's all based on the league achieving revenue growth targets from broadcast agreements, marketing partnerships and licensing deals. Let's take the deal with Parity for instance. These monies will be distributed between multiple sports, not just WBB. So much of that will not go to the League. Also understand, the equity stakes for all investors will be in the league itself, in a break with how some other leagues have approached raising capital in recent years. Normally leagues have raised cash by selling equity in a separate commercial arm to avoid giving investors actual shares in teams or the league, while still allowing them to share in commercial revenue. That means investors have a larger voice in how the team operates, which players receive what salaries, what improvements are made etc. That also means the league will be in an interesting bind if these growth targets aren't met. If game attendance drops, if salaries increase too much versus say maintenance and concessions; worse, if there is another shutdown or if these growth targets aren't met, the league could be carved up like a turkey. Further, the revenue is shared 50-50, which is good. That is of course, after the NBA gets its 50% cut. Nevertheless, at the time of the new CBA, for the most part, the overwhelming majority of teams were virtually valueless, considering cost versus assets. Right now, without the NBA 50%, these teams are still major money pits. Most importantly, all of this financial speculation is based on one thing, the willingness of the American public to support WBB in far greater numbers than it has. Investment is good, but it's meaningless without fan attendance. Attendance in far greater numbers than the interest that polls show they currently have. These new, optimistic owners and investors are actually rolling the dice with very little risk on their part, since these franchises are actually worth very little and their investments are comparatively small. But failure will potentially mean the dissolution of the league. What concerns me is that this new CBA is centered on the delegitimization of all other BB leagues. In the history of economics, from what my limited experience knows, that only works if the bigger businesses undercut the smaller ones, or businesses on parity, not the other way around. That route has, historically in a free market economy, been anathema to smaller businesses. Plus, the prioritization rule does absolutely nothing to grow the game, but rather attempts to limit access to both players and fans. I fail to see how this benefits WBB at all. This is parochialism at its worse. Yes, the war with the Ukraine is more than just troubling, or an inconvenience for overseas basketball. It's a war for the fate of a country, where there are real, deadly costs and consequences in terms of lives and families. Yes, because of this war, some foreign players will be leaving their Russian clubs. Think those players won't be picked up by FIBA League basketball? Do you think that when this tragedy is over players won't return to Russia to play? [/QUOTE]
Verification
First name of men's bb coach
Post reply
Forum statistics
Threads
164,459
Messages
4,396,982
Members
10,209
Latest member
noelle
.
..
Forums
UConn Athletics
UConn Women's Basketball Forum
Questions on NIL and a POI [?] of ours
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top
Bottom