College athlete compensation - NIL etc 💰

I want to highlight this:

The committee wants to pool ALL conference media rights — and redistribute them more evenly across college sports

There will be many legal (antitrust) and contractual hurdles to accomplishing this. But done right, this would go a long way towards saving college sports. It’s kind of foolish to hope it works out, but I’ll be the optimist here.

It also deserves to be said that this would bring NCAA athletics full circle - back to the pooled media deals it had back in the 70s and early 80s (before NCAA v. Board of Regents of the University of Oklahoma in 1984).

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This would be fantastic. I’ve been saying that media revenue discrepancy between the top and bottom is the heart of most of what is wrong with college athletics. I won’t believe it will ever happen until I see it. But if it did happen it would save college sports as we new them up until the last 15 or 20 years when ESPN and other networks started manipulating conferences and picking the winners and losers.

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I know no one is going to read this entire article but the title says it all. "College Sports Revenue Gap Between Power Conference Schools & Everyone Else Increased Nearly 600% Since 2002, Commerce Committee Analysis Finds"

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https://x.com/ByMattJones/status/2054971995507339271

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Power Four weighs governance reset as NIL spending strains revenue-sharing cap https://share.google/o3mOpMweaRArQZxqd

From the article:

Football programs are spending $40M-plus to field teams, while men’s basketball rosters are eclipsing $20M

Comment

But they’re not. It plainly says that they are funneling NIL deal money to their players over the rev share.

The only problem here is that they may have over promised and may under deliver on pay

Other than that I don’t see the problem other than some schools going into debt to meet the rev share
if they just show some financial discipline and don’t overspend their own money they will be fine

The problem is there is or was supposed to be a $21.5 million cap on revenue sharing based on the House settlement. And now schools are setting up 3rd party multimedia rights providers and using them to funnel money through to surpass that limit. I’m sure some are just blatantly surpassing that limit without even trying to hide it. Everyone knows what is happening, but no one stops it. And I really think universities spending $20-$40 million on rosters for a single sport is a problem in itself.

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https://x.com/i/status/2055656273602064403

A $1,501 athletics fee is unconscionable. Inexcusable.

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That seems to be common for G5 schools in Virginia

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Actually FCS VMI has highest public school AF at over $3,900. JMU tops for G6 at over $3,000, while ODU is over $2,000. Estimated that P4 VA Tech will increase its AF to around $1,000 by the end of the decade.

As a parent of college / HS age kids, those fees are ridiculous. Insulting really.

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https://x.com/WinterSportsLaw/status/2055754511130427569

https://x.com/WinterSportsLaw/status/2056183593420857724

Well, crap. My son is going to JMU in the fall.

https://x.com/WinterSportsLaw/status/2056392686496579908

Please take your SEC and B10 balls and go home

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I’m so tired of those leagues destroying college sports. The ACC was the original culprit, but these two have taken the ball and run with it.

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I think we (everyone outside the P4) can survive but it’s worth the risk to break away from this garbage.

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https://x.com/i/status/2056551492467994650

SCORE is likely DOA.