Revenue Sharing

[bac2therac]

Houston is not a great comparison imo. Houston has a rich history in basketball in particular. Yes they had a stretch in cusa but this is a school that’s proud of their athletics and has very rich alumni that are willing to spend and the school is not shackled by an interminable New Jersey bureaucracy as opposed to a Texas school. Nothing like rutgers whatsoever.

not really....yes they had that stretch in the early 80s but after they were not invited to go to the Big 12...they absolutely cratered

from 1992 to 2017, they only had one lone ncaa bid in 2010...thats about as bad as Rutgers and they were in a rinky dink conference with a poor tv contract while Rutgers was in the Big East. Their problem was bottom level when Sampson took over, its like saying RU had a history too in 76.. 1983-4 was a long time ago. They went 34 years between their ncaa championship appearance and actually winning a ncaa game.

but yeah they got a $20 million gift to help rennovate their run down arena and it coincided at a time they hired Sampson something RU would never consider

 

[bethlehemfan]

not really....yes they had that stretch in the early 80s but after they were not invited to go to the Big 12...they absolutely cratered

from 1992 to 2017, they only had one lone ncaa bid in 2010...thats about as bad as Rutgers and they were in a rinky dink conference with a poor tv contract while Rutgers was in the Big East. Their problem was bottom level when Sampson took over, its like saying RU had a history too in 76.. 1983-4 was a long time ago. They went 34 years between their ncaa championship appearance and actually winning a ncaa game.

but yeah they got a $20 million gift to help rennovate their run down arena and it coincided at a time they hired Sampson something RU would never consider

For quite a while before Sampson at least 10 years they Averaged averaged about 20 wins a season. How many times has Rutgers won 20’games in basketball. Plus that’s not even the point. Houston has money and alumni that care and a Texas admin. Rutgers has neither and a nj admin. Who ends in a better place? In one hand you acknowledge that Rutgers is a very low level power 5 team and on the other you argue that we’re comparable to a program that has a way better history, better alumni support more money and a better administration.

 

[ru66]

For quite a while before Sampson at least 10 years they Averaged averaged about 20 wins a season. How many times has Rutgers won 20’games in basketball. Plus that’s not even the point. Houston has money and alumni that care and a Texas admin. Rutgers has neither and a nj admin. Who ends in a better place? In one hand you acknowledge that Rutgers is a very low level power 5 team and on the other you argue that we’re comparable to a program that has a way better history, better alumni support more money and a better administration.

As I've said ad nauseam ,Bac is inconsistent and /or a hypocrite. Just because he writes huge recaps of games,when newspapers do it in one paragraph, doesn't make him a all knowing expert,far from it. Plus he has little and probably no " inside info,".

 

[RU84]

With no GM, an interim AD, limited resources and possible Nova distraction, fingers crossed Pike and Co can successfully navigate what will be a tumultuous portal season.

 

[Greene Rice FIG]

There's so much bad information out there.....the non football programs don't generate 20M in revenue so they don't get to spend 20M.....most of the articles on the Big East TV rights deal show the amounts estimated and those schools should land around 5 to 6M, not 20M

20M is the ceiling based on the combined football and Basketball revenue for those leagues....it's assumed that 80% of the 20M goes to football because football generates 80% of the TV revenue deal.

There is no rule that clearly separates how much of the 20M goes to football, or hoops. I would assume the AD has been assigned to account for the revenue once it's distributed. Even at this time, there is nothing to say when that money actually gets sent to the schools. I would assume once the spring sports are complete in May or early June is when that gets sent out.

If Villanova wants to payout $19,000,000 to their hoops program and generation of revenue is the hold up I am sure there are many creative ways to "boost" or "recognize" revenue. I have no idea the arrangement with Wells Fargo center in terms of parking, concession and arena rental. There probably is some creative ways to financially engineer revenues there. I am sure they could recognize future revenue from the Big East that they are due to receive in the future. How about allocating some of the application fees to the athletic department? Is that a stretch?

 

[fatsam98]

If Villanova wants to payout $19,000,000 to their hoops program and generation of revenue is the hold up I am sure there are many creative ways to "boost" or "recognize" revenue. I have no idea the arrangement with Wells Fargo center in terms of parking, concession and arena rental. There probably is some creative ways to financially engineer revenues there. I am sure they could recognize future revenue from the Big East that they are due to receive in the future. How about allocating some of the application fees to the athletic department? Is that a stretch?

Recognizing future revenue on purpose to achieve this would be accounting fraud...

I'm actually curious how much in total annual revenue a school like Seton Hall brings in.

I think their new TV deal is 8M per school.. I imagine that's the bulk? Maybe another 5M from ticket sales?

And they have lots of expenses to cover... renting out the Pru, coaching staff salaries, and other general/admin costs.

How much is actually left over to share with their basketball roster? I've seen them say 3-4M. So right in line with how much we're expecting to use on basketball NIL.

 

[ru66]

Did Villanova get rid of their football team, thrir lacrosse team, and others,?? People act like they don't have others that will get part of that money.

 

[Greene Rice FIG]

Recognizing future revenue on purpose to achieve this would be accounting fraud...

I'm actually curious how much in total annual revenue a school like Seton Hall brings in.

I think their new TV deal is 8M per school.. I imagine that's the bulk? Maybe another 5M from ticket sales?

And they have lots of expenses to cover... renting out the Pru, coaching staff salaries, and other general/admin costs.

How much is actually left over to share with their basketball roster? I've seen them say 3-4M. So right in line with how much we're expecting to use on basketball NIL.

Are you an accountant?

 

[NickRU714]

Recognizing future revenue on purpose to achieve this would be accounting fraud...

I'm actually curious how much in total annual revenue a school like Seton Hall brings in.

I think their new TV deal is 8M per school.. I imagine that's the bulk? Maybe another 5M from ticket sales?

And they have lots of expenses to cover... renting out the Pru, coaching staff salaries, and other general/admin costs.

How much is actually left over to share with their basketball roster? I've seen them say 3-4M. So right in line with how much we're expecting to use on basketball NIL.

I'm wondering if ADs will include "subsides" as part of the revenue calculation to pump up the money they can distribute.

UConn claims $105m in revenue but only $61m was "self generated".

UConn’s Annual NCAA Financial Report Released - University of Connecticut Athletics

uconnhuskies.com

 

[darkcheck]

Did Villanova get rid of their football team, thrir lacrosse team, and others,?? People act like they don't have others that will get part of that money.

For Villanova those will only get a very small percentage

 

[ru66]

For Villanova those will only get a very small percentage

We know but some are forgetting those pieces and msny are saying all that Rev sharing goes to basketball. Not true.

 

[Greene Rice FIG]

I'm wondering if ADs will include "subsides" as part of the revenue calculation to pump up the money they can distribute.

UConn claims $105m in revenue but only $67m was "self generated".

UConn’s Annual NCAA Financial Report Released - University of Connecticut Athletics

uconnhuskies.com

put that in your pipe and smoke it @fatsam98

 

[Greene Rice FIG]

For Villanova those will only get a very small percentage

VERY SMALL

 

[darkcheck]

We know but some are forgetting those pieces and msny are saying all that Rev sharing goes to basketball. Not true.

95% true

 

[fatsam98]

put that in your pipe and smoke it @fatsam98

Donations/subsidies are different from pulling future TV money into your current year figures lol.

 

[Greene Rice FIG]

Donations/subsidies are different from pulling future TV money into your current year figures lol.

i don't think so. We did it

 

[retired711]

i don't think so. We did it

I'm sure there will be some definition of "revenues" in the settlement agreement. We will just have to see what it says and how much flexibility it gives to, for instance, shift revenues from future years to the present. This will be a harder problem than the NBA and NFL salary caps, which (as I understand them) are based on a percentage of the league's overall revenue as opposed to the revenue of particular programs. But I'm sure a formula can be created and put in the settlement.

 

[NickRU714]

you'd hope that if you ran a good program and treated your players firm but fair you might be able to get a hometown discount with some. have to sell kids that multiple years at RU would help them later in life and that they know what they have with you but it's a lot of unknown with someone else.

Didn't work with Clif just last year.
Appears (?) it won't work with Lathan (if he is even coveted by higher tier programs).

Someone at Grants level will return.
But is he here for Year 3 if he gets markedly better?

Like I've said. We need to operate like we'll get 1 good to great year out of a player.

It's all about identifying undervalued utilized talent and getting that one good/great year.

 

[FAT MOON]

Didn't work with Clif just last year.
Appears (?) it won't work with Lathan (if he is even coveted by higher tier programs).

Someone at Grants level will return.
But is he here for Year 3 if he gets markedly better?

Like I've said. We need to operate like we'll get 1 good to great year out of a player.

It's all about identifying undervalued utilized talent and getting that one good/great year.

well we just learned that cliff cost more than our entire budget so that one makes some sense lol...

i disagree on the one year model. i think you need to target guys in HS that you think are team guys that might be loyal to you if you do right by them and give you that discount.

totally agree on identifying undervalued talent i mean that's everything in this day and age when you don't have a bank

 

[NickRU714]

I'm sure there will be some definition of "revenues" in the settlement agreement. We will just have to see what it says and how much flexibility it gives to, for instance, shift revenues from future years to the present. This will be a harder problem than the NBA and NFL salary caps, which (as I understand them) are based on a percentage of the league's overall revenue as opposed to the revenue of particular programs. But I'm sure a formula can be created and put in the settlement.

For the NBA there is a formula to decide "Basketball-Related Income".
BRI examples: Media revenue, tickets, merchandise, licensing

Non BRI examples: Arena signage, luxury suites, venue naming rights
Teams keep all this income.


BRI is currently split 50-50 between the players and teams.

Every CBA negotiation boils down to:

1. Players want more items included in BRI
2. Teams want less.
3. The split percentage

 

[Greene Rice FIG]

For the NBA there is a formula to decide "Basketball-Related Income".
BRI examples: Media revenue, tickets, merchandise, licensing

Non BRI examples: Arena signage, luxury suites, venue naming rights
Teams keep all this income.


BRI is currently split 50-50 between the players and teams.

Every CBA negotiation boils down to:

1. Players want more items included in BRI
2. Teams want less.
3. The split percentage

speaking of BRI and BMI did you see who passed away? Oliver Miller

 

[Mr Magoo]

right...thats why even before this when people said Rutgers is getting 50 million, its really going to help..not when every other big 10 school is getting the same amount and the far majority are actually in a stable revenue situation not constant defecit and almost all the schools have athletic facilities top notch and have had major success in sports and have large fanbases

take a school like Houston who Eddie Jordans team even beat at the RAC a decade ago and look where they are now. When from headed to obsecurity to Big 12 powerhouse because they made some smart choices....rennovated their facility and hired Sampson....and all that parlayed to the Big 12 invite rescuing them from the AAC. Rutgers was given a total lifeline based solely on tv market rather than on the field success and collectively the athletic department has done little in a decade beside one decent ncaa tourney from Pike

So true. We wasted nearly an entire decade spinning our wheels in the pre-NIL B1G with bad ADs, coaches, and contracts, and then we wonder what happened.