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re: Trev Alberts says A&M will share revenue directly w/athletes $15-$20 mil per year
Posted on 3/20/24 at 8:55 am to captdalton
Posted on 3/20/24 at 8:55 am to captdalton
quote:
Are they going to bill all the athletes that play sports that lose money?
This is revenue sharing, not profit sharing. That's the big issue here. You start pulling 25%-50% off the top line revenue and there won't be many schools left in the black. As someone said earlier, there would have to be cuts across the board in athletics departments.
It would almost be worth it to see the reactions from college professors when they realize that not only are coaches making more money than them, but the college is also paying the players sitting in (or skipping) their classes more than them.
Posted on 3/20/24 at 8:57 am to Shaft Williams
A&M still gonna go 8-4
Posted on 3/20/24 at 8:58 am to Tridentds
quote:
College football as most of us grew up with is basically dead.
Young guys might like the new college football. It’s a mess in my opinion.
I give about 10% of the shits I used to give about the sport.
Posted on 3/20/24 at 9:12 am to lsufball19
quote:Don't feel bad, Auburn got roped into that agent/Arkansas circus act to the tune of a +$20MM buyout for Gus Malzhan. shite happens when an Administration lets a sports agent run wild with rumors.
Hell we got into a hypothetical bidding war with Les Miles and his agent to make sure he didn’t go to Arkansas 10+ years ago
Posted on 3/20/24 at 9:20 am to Shaft Williams
I'd think football and basketball will end up 50/50 revenue sharing with the athletes at some point modeled on every other major sports league. Schools will probably get to net out the cost of tuition. So 50% of everything directly related to football and basketball. If I'm a lawyer I also go after any money/donations that give benefits associated with football. I.E. booster money that allows fans to buy season tickets.
If not, that's a lawsuit or a massive recruiting advantage for those that do. Will also be interesting to see if conferences start having a salary cap NFL style because recruiting may become a nightmare otherwise.
Those programs will eventually end up segmented from the rest of the athletics department because you can't 50/50 revenue split the loss leader sports like gymnastics etc...
If not, that's a lawsuit or a massive recruiting advantage for those that do. Will also be interesting to see if conferences start having a salary cap NFL style because recruiting may become a nightmare otherwise.
Those programs will eventually end up segmented from the rest of the athletics department because you can't 50/50 revenue split the loss leader sports like gymnastics etc...
This post was edited on 3/20/24 at 9:28 am
Posted on 3/20/24 at 9:23 am to BhamTigah
quote:Exactly - schools will have some difficult decisions to make around funding the non-profitable sports when football/basketball are no longer fully subsidizing them.
This is revenue sharing, not profit sharing. That's the big issue here. You start pulling 25%-50% off the top line revenue and there won't be many schools left in the black. As someone said earlier, there would have to be cuts across the board in athletics departments.
It would almost be worth it to see the reactions from college professors when they realize that not only are coaches making more money than them, but the college is also paying the players sitting in (or skipping) their classes more than them.
Posted on 3/20/24 at 9:37 am to ManBearSharkReb
quote:
Leave it to fAggie to ruin college sports.
That’s what you get out of this, moron? Comprehend much?
Posted on 3/20/24 at 10:14 am to DawginSC
quote:
It only would work if a draft were allowed, and a draft of 17 year old minors by public colleges is never going to be legal.
It won't be by colleges, though they will license college branding
Posted on 3/20/24 at 11:26 am to lsufball19
quote:This will be collectively bargained with SEC/B10 either together or individually.
If it gets to the point of unions and revenue sharing, college athletes will be contract employees and won't be able to leave if their contract says otherwise.
quote:Yep, facilities arms race over.
There's a whole lot of things schools can do financially now they simply won't be able to afford in the future.
quote:Those categories disappear. The split will be deciding between pro sports with all of its circus, contracts, etc or true amateurism with a return to the focus on student athletes.
I also think a lot of school will cease being D1 schools because they barely operate in the black not sharing revenue.
quote:Not necessarily. Even if school opts out of being a pro sports factory, you can still provide a lot of the same sports on a much lower scale without TV $. D2 & NAIA have been doing that for decades.
I imagine many schools will have to make major cuts to their athletic departments and eliminate a bunch of D1 sports, if not all of them.
Posted on 3/20/24 at 11:34 am to BevoBucks
quote:
This will be collectively bargained with SEC/B10 either together or individually.
Yes, but they'll still have binding contracts. Programs will offer 2+ year contracts with incentives and renegotiation.
It's a pro sport. Has been for awhile, it just wasn't organized.
Posted on 3/20/24 at 11:42 am to jonnyanony
quote:Agree that’s ideal. But unless that’s coupled with a very generous salary cap provision, the players union isn’t going to want to restrict potential earnings if another school is willing to hire them for more.
Yes, but they'll still have binding contracts. Programs will offer 2+ year contracts with incentives and renegotiation.
Posted on 3/20/24 at 11:51 am to BevoBucks
quote:
Agree that’s ideal. But unless that’s coupled with a very generous salary cap provision, the players union isn’t going to want to restrict potential earnings if another school is willing to hire them for more.
First, there's a real chance that the decoupling from universities means these kids don't even go to school, and it's unlikely there'll be any limit on how long they can play. That will help a bit with the urgency to demonstrate value to the NFL.
But if a better deal comes they'll take it when their contract is up (probably). Not much you can do about that but incentivize longer contracts.
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