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so like roughly $10m after factoring in LH network revenue?
Quote from: pissclams on December 02, 2023, 01:47:13 PMso like roughly $10m after factoring in LH network revenue?I don't think the LHN was going to be a revenue source going forward even if they stayed.
NCAA president Charlie Baker on Tuesday proposed the creation of a new subdivision within Division I that would allow the highest-resource schools the ability to compensate athletes directly through a trust fund and direct name, image and likeness (NIL) payments.The groundbreaking proposal was sent out to Division I members and obtained by The Athletic on Tuesday morning, and it included the following recommendations:The formation of a new subdivision made up of institutions with the highest resources that can directly compensate athletes through an “enhanced educational trust fund,” which requires the schools that opt into it an investment of at least $30,000 per year per athlete for at least half of the school’s eligible athletes. Schools would have to adhere to Title IX, providing equal monetary opportunities to both female and male athletes.Schools in the new subdivision could create their own rules separate from the rest of D-I, and those rules would allow them the ability to address policies such as scholarship limits and roster size as well as transfers and NIL.Any Division I school would be able to enter into an NIL deal with its athletes directly, which is not currently permissible.Any Division I school would be able to distribute to any athlete funding related to educational benefits without any caps on such compensation.These recommendations from Baker come amid mounting pressure to allow schools to directly compensate their athletes, and as the NCAA is facing significant legal challenges to its model. In the letter to D-I members, Baker calls his proposal a “forward-looking framework” that “gives the educational institutions with the most visibility, the most financial resources and the biggest brands an opportunity to choose to operate with a different set of rules that more accurately reflect their scale and their operating model.”
The Breakaway is startinghttps://theathletic.com/5114092/2023/12/05/ncaa-subdivision-athlete-compensation-charlie-baker/QuoteNCAA president Charlie Baker on Tuesday proposed the creation of a new subdivision within Division I that would allow the highest-resource schools the ability to compensate athletes directly through a trust fund and direct name, image and likeness (NIL) payments.The groundbreaking proposal was sent out to Division I members and obtained by The Athletic on Tuesday morning, and it included the following recommendations:The formation of a new subdivision made up of institutions with the highest resources that can directly compensate athletes through an “enhanced educational trust fund,” which requires the schools that opt into it an investment of at least $30,000 per year per athlete for at least half of the school’s eligible athletes. Schools would have to adhere to Title IX, providing equal monetary opportunities to both female and male athletes.Schools in the new subdivision could create their own rules separate from the rest of D-I, and those rules would allow them the ability to address policies such as scholarship limits and roster size as well as transfers and NIL.Any Division I school would be able to enter into an NIL deal with its athletes directly, which is not currently permissible.Any Division I school would be able to distribute to any athlete funding related to educational benefits without any caps on such compensation.These recommendations from Baker come amid mounting pressure to allow schools to directly compensate their athletes, and as the NCAA is facing significant legal challenges to its model. In the letter to D-I members, Baker calls his proposal a “forward-looking framework” that “gives the educational institutions with the most visibility, the most financial resources and the biggest brands an opportunity to choose to operate with a different set of rules that more accurately reflect their scale and their operating model.”
Will KU be sad that they just signed up to spend so much on their FB program? Is this why there is a delay in getting started?Maybe they will go BB only and just pay wild sums? I think I would if I was them.
Quote from: CNS on December 05, 2023, 10:24:16 AMWill KU be sad that they just signed up to spend so much on their FB program? Is this why there is a delay in getting started?Maybe they will go BB only and just pay wild sums? I think I would if I was them. If they quit FB then their share of FB money is gone, so they look forward to BB-only money. Talk about lil bro. LOL
Quote from: Katpappy on December 05, 2023, 11:20:45 AMQuote from: CNS on December 05, 2023, 10:24:16 AMWill KU be sad that they just signed up to spend so much on their FB program? Is this why there is a delay in getting started?Maybe they will go BB only and just pay wild sums? I think I would if I was them. If they quit FB then their share of FB money is gone, so they look forward to BB-only money. Talk about lil bro. LOLI think he was just being mean, Pappy.
I say let's put a salary cap in place, a HS draft, and just lean all the way in.
in the end, EMAW will always win.
https://www.k-state.edu/hr/careers/executive-profile/athletics/#:~:text=These%20new%20facilities%20impact%20all,and%2038%20six%2Dfigure%20gifts.According to that link we have ~450 student athletes. Funding at the min level would be 6.7 million per year. Seems like we would have the funds to at least pay the cover charge to the new club. Not sure if we we can then afford drinks or get any of the cool people to talk to us but we should at least be able to get in.
A huge obstacle to this for many schools is the continued facade of needing to treat profitable and non-profitable sports equally.
Quote from: Pete on December 05, 2023, 12:34:06 PMA huge obstacle to this for many schools is the continued facade of needing to treat profitable and non-profitable sports equally.lol, yes the facade of following federal law.
I think they should have to give them equal pay to whatever everyone else gets. Not some measly $30k floor.
Quote from: Houstoncat93 on December 05, 2023, 10:21:23 AMhttps://www.k-state.edu/hr/careers/executive-profile/athletics/#:~:text=These%20new%20facilities%20impact%20all,and%2038%20six%2Dfigure%20gifts.According to that link we have ~450 student athletes. Funding at the min level would be 6.7 million per year. Seems like we would have the funds to at least pay the cover charge to the new club. Not sure if we we can then afford drinks or get any of the cool people to talk to us but we should at least be able to get in.We can. We're essentially middle class within the P4. It looks pretty daunting on paper, but I'm not sure that it changes anything, in football anyway. When was the last time a non top like 20 percenter in revenue compete for a football national championship? TCU? We saw how close they were, which wasn't close at all.
I don't really like the idea of the university directly determining the value of the athletes. Either make it a stipend that everyone gets or leave the payments to the boosters. I also think that student fees going to athletics should be illegal and that 10% of all athletic revenue should go back to a general scholarship fund for the student body.
