TKR poster on Bloomberg radio a few minutes ago talking huge athlete pay $$ to Rutgers soon

[Fat Koko]

Key quote:

"2 or 3 years down the road - revenue sharing. We're going to see a piece of the TV contract. Let's take the Big 10. I'm a Rutgers person. Rutgers gets $100 million from the Big 10. Most of that is TV revenue, You're going to see 5 to 10, 5 to 12 percent going to student athletes."

On Richard's math, Rutgers will have $5 million to $12 million to pay student athletes annually beginning in 2025 or 2026.

https://www.bloomberg.com/news/audio/2023-09-01/day-two-at-the-us-open. Richard starts at 49:55.

* Corrected from NIL to athlete pay

 

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