Big East $$ for Rosters Will Exceed RU
- Thread starter RUsojo
- Start date
guess that's why Willard is out. This NIL thing a total disaster.
Haven’t read the article but they are talking about revenue sharing not NIL.
It’s the same thing. Either way, we don’t have enough money to compete.
Most if not all the Big East schools will be able to allocate more money to basketball because they dont have another major sport to share it with
Even if they only get 8m in revenue sharing they can put all 8 to basketball
There is not 1 big ten school that will put that much of the 20 million towards it and definitely not us... dark times
It's not close to the same thing.
We do have enough revenue sharing.
The cap is $22m and we'll share the maximum.
It's just how Rutgers chooses to divide it up.
There is no rule stopping Rutgers from putting the whole $22m in revenue sharing into basketball if it wanted.
Sounds like some want revenue sharing limits for each individual sport.
the problem is we are not going to put anywhere near the amount the BE schools will have available towards basketball because GS will not allow that to happen and I think the school still fancies itself a football school first and basketball second
both program are sitting in limbo from a results standpoint and financial standpoint and i dont think it is feasible or likely for the school to financially support both in a way that will allow both to succeed
Ok.
How is that a Big East or any other basketball only problem?
Sounds like you actually want the opposite and a higher revenue sharing limit.
all i am saying is that the advantage for the BE with the revenue sharing makes it difficult for the mid tier lower tier P4 schools
we are relying on revenue sharing to raise our floor but its not going to accomplish any of that when we are still being outspent
I like this.
Big East schools and their $5m/year conference media deal and taking advantage of the Big Ten schools and their $1b/year media deal.
Now we're jealous of the Big East and their "financial supremacy"? Haha
Quite the changing times of mocking the ACC for their puny conference revenues.
We should force them all to play football or else!
Big East schools and their $5m/year conference media deal and taking advantage of the Big Ten schools and their $1b/year media deal.
Now we're jealous of the Big East and their "financial supremacy"? Haha
Quite the changing times of mocking the ACC for their puny conference revenues.
We should force them all to play football or else!
No one complains when the Big 10 wants to pay out ridiculous sums to its member schools
The reality is that college athletics is too big and needs a split.
Either by schools or programs.
Football and basketball operate independently of each other within a school (revenue deals and expenses all tracked separately).
Revenue share is based on the program and not the school (both for coaches and players. If the basketball has no money, don't pay the HC a huge contract either).
Or all the football schools break off from the basketball only schools.
Either by schools or programs.
Football and basketball operate independently of each other within a school (revenue deals and expenses all tracked separately).
Revenue share is based on the program and not the school (both for coaches and players. If the basketball has no money, don't pay the HC a huge contract either).
Or all the football schools break off from the basketball only schools.
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It's actually $20.5 not 22.
And you're right as there is no rule that says RU couldn't put it all towards BBall OR that a team like Seton Hall who's athletic revenue was last listed as like $28mm couldn't spend $20.5 in bball either.
Neither of those last two are going to happen but teams from the BE could spend the $8 just from rev share as noted.
This is just. Free for all and insane. Worse than any pro crap.
Yes - of course a limit should be set by sport. The current plan is ridiculous as it punishes schools for fielding more sports which is the exact opposite of what should be happening.
Schools shouldn’t be rewarded with a huge advantage for deciding not to have a football team or any sport for that matter. And no, it’s not the same as the advantage the BIG and SEC teams have from the money they make from TV deals. It’s one thing to have an advantage because you actually have more money than others. That’s life. Everywhere. Not everyone earns an identical salary because not everyone does the same work.
I'm highly skeptical that a lot of these Big East schools can afford to share this much of their revenue.
Their new TV deal is $8M per school I believe?
Add in ticket revenue -- which is definitely less than the TV money, but then you have coaching staff to pay, professional arenas to rent out, all the other costs of running a business.
But ok, let's say they actually can, and the Big East starts dominating. The football schools will figure a way to gain their advantage back on the basketball side... You think Michigan, UNC, UCLA, Kentucky are gonna just allow the likes of Creighton and Marquette to gain an advantage?
Their new TV deal is $8M per school I believe?
Add in ticket revenue -- which is definitely less than the TV money, but then you have coaching staff to pay, professional arenas to rent out, all the other costs of running a business.
But ok, let's say they actually can, and the Big East starts dominating. The football schools will figure a way to gain their advantage back on the basketball side... You think Michigan, UNC, UCLA, Kentucky are gonna just allow the likes of Creighton and Marquette to gain an advantage?
How much will BE tv contracts be worth when P4 schools decide to play their own end of year tournament?
The BE will price themselves over to the little kids’s table if you think they’ll be outspending BIG and SEC schools.
GO RU
The BE will price themselves over to the little kids’s table if you think they’ll be outspending BIG and SEC schools.
GO RU
That’s sounds great, but you’re forgetting that football rules the roost. Pike came out and said he had $3M to spend+ any NIL + tournament money. Either way you slice it, we won’t be spending as much on NIL as Big East Schools.
Now why would they do that? Things are great as they are. Don’t kill the goose that lays the golden eggs. The tournament is one of the best events on TV.
None of this matters.
We are judged against our peers and Big East teams are no longer our peers.
This will likely give Big East teams more tournament teams, but it doesn’t change much for RU.
The Big East has 11 teams, 5 of which made the NCAAs this year. Even if all these teams get stacked with talent, max teams you’re looking at making the NCAAs is likely 8, MAYBE 9 teams.
Thats an additional 3/4 teams making the NCAAs. Figure 2/3 less B1G/ACC/Big 12/SEC schools. Then 1 non power team.
There’s still a resume that needs to be built for all these teams. The power conferences just aren’t going to schedule them and will still dominate the % of teams in the field because it’s about TV numbers and ticket sales. Newsflash that comes from the power teams with power fan bases.
RU just needs to focus on being competitive in conference and not losing to Mickey Mouse schools like Princeton OOC. Do your job OOC and hold your own in conference and you’re dancing.
We are judged against our peers and Big East teams are no longer our peers.
This will likely give Big East teams more tournament teams, but it doesn’t change much for RU.
The Big East has 11 teams, 5 of which made the NCAAs this year. Even if all these teams get stacked with talent, max teams you’re looking at making the NCAAs is likely 8, MAYBE 9 teams.
Thats an additional 3/4 teams making the NCAAs. Figure 2/3 less B1G/ACC/Big 12/SEC schools. Then 1 non power team.
There’s still a resume that needs to be built for all these teams. The power conferences just aren’t going to schedule them and will still dominate the % of teams in the field because it’s about TV numbers and ticket sales. Newsflash that comes from the power teams with power fan bases.
RU just needs to focus on being competitive in conference and not losing to Mickey Mouse schools like Princeton OOC. Do your job OOC and hold your own in conference and you’re dancing.
The article is wrong and BE schools will not have more revenue and cannot outspend anyone.
Conferences with the greatest assets don’t want parity. They want dominance. If those with the greatest amount of gold aren’t winning they will change the rules.
GO RU
I can see the rules getting adjusted but no way will the other P4 schools be able to start their own tournament that comes close to competing with the current format. Especially if the Big East has some of the best teams. No TV companies are bidding for that.
I don’t know if the numbers in this post are perfectly accurate but I think that conceptually the point is correct. Pikiel will be outspent but should have enough money to get some of the players he wants. Centers and high scoring players will likely be the most expensive. Top defensive players are unlikely to demand as much as the players that fill up the offensive stats. Pikiel will need to look for players that can contribute immediately since teams now are really only built one year at a time. Time will tell if he can transition into a one year at a time coach, but if he’s going to be successful he will need to build with a couple of star players he can get within his budget along with some underrated players that can fit within his defensive system.
When an entire business model is stupid, let it implode. This isn't NIL, it's pay to play. Paying 20 year old kids more than you make to play at your school for (hopefully) a full season. I don't care enough about the payoff here to want to fund it. Nor do most companies, or this wouldn't even be a conversation.
Let it crash and burn. Whatever comes out of that is more rational and better than this
If you want professional sports, fine. But approach it rationally. Implement governance like professional sports have. Draft, spending caps, contracts etc. None of that exists today, yet the players need to get paid. Sorry. If it's not true NIL, you are simply asking for a handout. If that's the case, fine. But be honest about what it is. And be prepared to justify the payoff value. Because most don't see it.
Let it crash and burn. Whatever comes out of that is more rational and better than this
If you want professional sports, fine. But approach it rationally. Implement governance like professional sports have. Draft, spending caps, contracts etc. None of that exists today, yet the players need to get paid. Sorry. If it's not true NIL, you are simply asking for a handout. If that's the case, fine. But be honest about what it is. And be prepared to justify the payoff value. Because most don't see it.
Who the heck would watch or what top player would go to Big East schools if they weren’t in a champ tournament that didn’t include P4 schools?
Don’t think changes will be drastic but Big East and non P4 schools have a false sense of importance within the larger scheme of things.
GO RU
You exclude conferences, you exclude their audiences and that’s where the value is, all the eyeballs on the product. Just don’t see that happening.
Pay to play has been in place for at least 50 years, likely longer. All the best UConn and Seton Hall Teams were paid to play.
The Michigan Fab 5 was paid to play. Reggie Bush was paid to play. Miami’s football teams were all paid to play. The SEC has been paying to play for the longest time, as has Ohio State and Michigan.
What has happened, is that pay to play has exploded, now that it is legal. But There is no incentive for top programs to agree to a cap. Sure they’ll say that revenue sharing is capped. But power programs will also subsidize revenue sharing with NIL. And the NCAA has zero enforcement, though they’ll put on a show, with clearinghouse this and clearinghouse that.
The only programs that might crash and burn are Rutgers, because we lack support. Programs like Ohio State and Michigan will keep chugging along. They’re happy that Rutgers fans won’t provide the support to be successful. And they’ll return to steal our recruits. Our role is to shut up and cash our big media rights check.
This all makes perfect sense - except for one huge caveat specific to college sports (at the end).
Other than the occasional argument (that never works) "come to NY for cheap - you'll make it up in endorsements (NIL)" players and (coaches) are paid by revenue from the sport (media, ticket sales, merch, advertising etc.)
Players make NIL but it's generally outside of their free agent team decision proces.
Nobody actually factors that in.
Just actual salary from the team.
It's all about who can offer the most money from their revenues.
The major problem is that some college sports fans DO SEE the value.
They want to play wannabe owners because they have money but still too poor to own a professional team.
And it's mostly the schools fault for years of placating these fans and taking (demanding) their money to supplement revenues.
This was the best first weekend for the ncaa tournament tv ratings wise since 1993 per Fanta.
This tournament will not go away. Bigger picture, universities will do anything to prevent players being designated as employees. So everyone (universities, NCAA, etc.) will just continue to do whatever they can to massage and maneuver around current NIL/Rev Share situation to keep the current dynamic alive as long as possible.
The NCAA and college sports as we know it I believe will probably die eventually, but it’ll be a painfully slow death, and most involved willl fight to make it happen as slowly as possible. And even when it dies, the future product will still be great.
This tournament will not go away. Bigger picture, universities will do anything to prevent players being designated as employees. So everyone (universities, NCAA, etc.) will just continue to do whatever they can to massage and maneuver around current NIL/Rev Share situation to keep the current dynamic alive as long as possible.
The NCAA and college sports as we know it I believe will probably die eventually, but it’ll be a painfully slow death, and most involved willl fight to make it happen as slowly as possible. And even when it dies, the future product will still be great.
It is very odd that the House Settlement has the same Cap for football and non-football schools when football brings in most of the revenue and football will get most of the RS$.
No it isn’t. They aren’t generating that much revenue to distribute that to each program, not summation fund other sports which they do.
Latest distribution numbers including. The BE operates on a very small scale.
painttouches.com
Big East 2023 tax filings show slight decline in revenue, increase in payouts
Big East revenues shrank in 2023 while the payouts to the individual teams surpassed $50 million for the first time since the reformation.
painttouches.com
this is media revenue. You are not considering donations. Winning basketball is important to Big East fans.Latest distribution numbers including. The BE operates on a very small scale.
Big East 2023 tax filings show slight decline in revenue, increase in payouts
Big East revenues shrank in 2023 while the payouts to the individual teams surpassed $50 million for the first time since the reformation.
