$ for Athletes

#53
#53
Volfan2012 said:
LSU going 25 to 30 million next season can't see any of the stronger SEC schools letting them get the upper hand. So I would suggest that is the new number for football. Mens basketball less than half of that and womens I think will go around 3 million settle money and other funds donations etc.
Click to expand...
I want athletes to be paid a fair share, but this is just wrong. We have collectively lost our damn minds. Children are starving.
 
  • Like
Reactions: lvocd, orange beard, Volfan2012 and 2 others
#56
#56
RetroVol said:
U of L and Board President on financial status of college sports.

Recommendations:

1. Congressionally chartered governing body.

2. Spending cap on institutions, but not on NIL money negotiated externally by players.
Click to expand...

U of L is in panic mode. They ran a $12.5M deficit last year without a long-term solution other than student fees (bad PR) to solve it.

It doesn't help they are also sponsoring 21 sports--2-3 more than the average SEC school while bringing in a little more than half what SEC schools do from their conference distribution.

They are delaying the inevitable.
 
#57
#57
volbeast33 said:
I’m sure it will pass. They will keep taking it out on the Nebraskas of the world.
Click to expand...
An attorney friend of mine that represents some of the athletes down there said the vast majority of their deals for next season have not passed, and the Nebraska decision has a lot of of them preparing for what’s next because their deals were done using the same mechanism with playfly, the same media rights partner that Nebraska has.

The players are locked into LSU for next season, but this year might truly be the peak NIL money, at least from what was promised.
 
  • Like
Reactions: WVU05UT09 and chuckiepoo
#58
#58
WVU05UT09 said:
U of L is in panic mode. They ran a $12.5M deficit last year without a long-term solution other than student fees (bad PR) to solve it.

It doesn't help they are also sponsoring 21 sports--2-3 more than the average SEC school while bringing in a little more than half what SEC schools do from their conference distribution.

They are delaying the inevitable.
Click to expand...
From the article, it doesn't look like Louisville is the only school in a financially unsound position.
 
  • Like
Reactions: chuckiepoo
#59
#59
RetroVol said:
From the article, it doesn't look like Louisville is the only school in a financially unsound position.
Click to expand...
Not even close. Theres schools just trying to break even like Louisville—most outside B1G and SEC.

But even in the B1G and SEC i think some schools in the bottom of each league are gonna have to think about the optimal number of teams to support. Arkansas tried with tennis but that appears to be reversed now.

If Texas, the school with biggest coffers, thinks 18 sports is their sweet spot then in my view no other school should have more than 18 and if you are in the bottom half of the SEC financially you probably need to be at 15-16.
 
  • Like
Reactions: chuckiepoo
#60
#60
RetroVol said:
I learned a lot from this thread, so thank y'all.

I also put a pic of Livy Dunne, highest paid female athlete in college athletics, in the first post. Looks like she is still doing okay for herself.

Click to expand...

Livvy is what NIL is suppose to be like. Whats happening with most athletes is pay for play pretending to be NIL
 
New Posts
You must log in or register to reply here.

Advertisement



Back
Top