Where the F is that money coming from? Thats a quarter of our total budget. I know mikes plan was to use the conference media money plus the gambling money - I donât think thatâs going to cover 3.5ish a year. If scholarships count maybe we can cover the gap.
Either way itâs a good thing we are used to losing - donât see it changing to sustained winning anytime soon since this is the minimum - to win itâs going to take more. Likely a lot more.
6 Mil a year for BB alone barely gets you in the top third of B10.
Last year Louisville was promoting having 6M a year for BB to lure a good coach to the ACC.
What happens when we hit the economic slowdown it looks like we are heading for and university research and grant money are being cut?
Enquiring minds want to know!!!
Definitely worried about the âassaultâ on education and how thatâs going to affect things, especially one thatâs being led by an ECU grad. Ironic? Perhaps not.
If we are expected to spend 10 million over the next 3 years on NIL, then I expect better tv money from our conference on the next tv deal. The pressure should be on our conference commissioner to make it happen! We are expected to make this happen!
The current AAC TV contract with ESPN runs through 2031-32. So nothing gonna happen until then and that comes in between Big Ten and SEC contracts being renewed.
Pernetti per his bosses doesnât really expect anything. $10 million from multiple sources over a 3 year period when there will be schools spending $20.5M annually on rev share alone?
I am pretty sure about half the American team are already at 3 million and then there are the teams that arenât. Mostly the CUSA transition teams. I think this was a statement for programs like us to say we are going to step it up. Honestly, the American is light years ahead of where we were in CUSA. Remember the tournament with the big curtain⌠Unless we go regional this is as good as we can hope for given our performance.
I absolutely detest NIL. I will not give. If others do more power to you. Now if we sell something that I want and the proceeds go to NIL that is different. Programs like ECU have done this to boost NIL. Instead we just ask the same people like me to give more for the same product or worse. I think Albin is going to help football. Basketball I donât know. Baseball and softball are definitely entertaining programs. I want us to succeed badly but I only have so much to give.
The problem is, the league doesnât discuss specifics about payouts.
That said, we knew some general things about the payouts. When UConn, Cincy, Houston and UCF were in the league the teams were all getting around $7-$8 million per, IIRC.
When they left and the CUSA teams were added, there was some discussion if that would trigger an option for ESPN to renegotiate the gross payout. This is when things got really murky. The league lost 4 of its stronger brands and replaced them with 6 weaker ones (more mouths to feed too). The legacy teams got assurances that their payouts wouldnât be affected, but I never saw a confirmation that the gross payout for the entire league was unchanged, which led me to believe it was and we had a very hush hush unequal revenue sharing agreement afterwards. The CUSA schools supposedly started at $1 million each but were supposed to be gradually stepped up over the next 3-5 years.
So to the point made above, I donât think our commish can expect an equal payout floor without having equal revenues. Unless ESPN stepped up its payouts accordingly, that would probably mean the unequal allocation would have to be leveled back out.
I donât know what happened. I just know itâs ridiculous to have unequal revenue sharing with equal minimum spending requirements. That doesnât make sense.
