The Rich Getting Richer Faster In College Sports. Big Ten & SEC Revenue Numbers About To Explode!
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- Опубликовано: 19 май 2024
- Growing revenue gap is the fuel which keeps ACC implosion embers burning throughout the days and nights.
www.nytimes.com/athletic/5507...
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Here is my take on the show (which was excellent and concise) . 1: I cannot see women tennis players making the same $ as college football & basketball players. Think NBA vs WNBA. 3: Certain unprofitable sports will be pushed down to club status. Think swimming @ Penn State. They are not spending millions for a new pool ( plus everything else salaries, coaches, travel etc involved), 3: Speaking of Penn State there is already opposition to spending $700m on a Beaver Stadium upgrade. Does it get approved? This might be the “Canary In The Coal Mine” when it comes to facility upgrades ñ. If PSU gets rejected, you will see more rejections coming.
The football players will just separate and take ALL their revenue with them if the greedy universities continue to steal the revenue they generate to fund the non-revenue generating sports because it's not their obligation to fund them. That's one of the many reasons why they are currently in this situation because they have been misallocating their players revenue for the last 100+ years and have become accustomed to it.
The TV networks are paying probably 90% of the revenue for football. So that revenue doesn't belong to the non-revenue generating sports.
Actually you are wrong. Unless a donor specifies a certain sport, everything is put into one big pile. @ Penn State the only profitable sports are men’s basketball, hockey and of course football ( which pays the bills) wrestling breaks even.
Seems like wilner didn't even mention a very (if not the most) likely scenario. The ACC implodes and the PAC2 join the remnants to form a 12ish team conference.
Yea . Kinda like when tht b12 went dumpster diving n picked up those g5 teams. Then doubled down in watering down tbt conference and picked up the bottom of the PAC. Now the B12 has 10+ garbage brands that are glorified G5 teams
BYU
Cincy
UH
UCF
ASU
Zona
CU
Baylor
ISU
Are all G5 like teams
1:55:30 Private equity already owns 100% of NFL teams - WTF ?
I thought the yearly $20M was just for the football players because it's their fair portion of revenue they generate for being the #1 revenue generating sport. If the conferences or universities think they are going to continue getting away with stealing the football players revenue and giving it away to non-revenue generating sports then they are just going to end up back in court. Without the conferences negotiating with their football player's unions, they are still in violation of labor laws.
Why would the former ACC members face more litigation if 8 or more current members voted to dissolve the conference and divy up the conference's revenue/resources equally? There wouldn't be an official entity to sue them, because the ACC would no longer exist, and all of their State AGs could bring criminal charges on whoever misallocates public funds for interfering with them or attempted to delay it.
Fsu has no offer but who does Clemson have an offer from?
Greg: The members of any legal entity in this country have the right to dissolve it. The dissolution of a non profit entity in North Carolina must be dissolved by the rules in the bylaws. There are no references in the ACC bylaws to the number of votes needed from directors in a legal quorum to dissolve the conference, and therefore North Carolina Nonprofit Corporation Act applies and a simple majority is all that is needed. Wake Forest and Syracuse can’t legally prevent other members from dissolving the ACC if they follow the law.
The reason the magnificent seven didn’t try to recruit one more member for dissolution last year was that the SEC and B1G through back channels would not guarantee all of the magnificent seven schools a landing spot.
FSU & Clemson’s legal actions have changed everything. There is the real threat that the ACC contract could end in 2027 especially if FSU & Clemson are no longer members. There would certainly be landing spots for 8+ members in the SEC, B1G, and the Big 12. It might be a “gold, silver, and bronze” situation with the Big 12 being the bronze medal, but to not place would mean certain death for a school’s athletic department. There are now likely going to be enough members willing to take the bronze medal (likely 4 schools) along with the silver (2 schools) and the gold (2 schools) and vote for dissolution. Every school that doesn’t have a nod & a wink from Sankey or Petitti, is desperately trying to get a nod & a wink from Brett Yormark.
The problem with your strategy and Greg’s prediction of an ACC settlement is Phillips pledge not settle. If you go back to Maryland, it took them a long time to get out of the ACC, and they did not have a GOR, especially not one that according to the ACC, lasts until 2037. My gut is telling me that eventually Clemson and ( or) FSU will win in court but by the ACC stalling through appeals and lawsuits they will have to stay until the ESPN deal ends 2027 (even though it will cost the ACC lots of $).
@@davidbrown386In FL, the parties are required to enter mediation. FSU just submitted their amended complaint to establish jurisdiction. There is absolutely no doubt that Judge Cooper will accept the fact that the ACC does business in FL. After that, the parties have 120 days to commence mediation. Before then, the parties will have to begin discovery. And ESPN will be required to produce the full, unredacted 160 page Multimedia Agreement with the ACC. And the ACC will have to provide the grounds that allowed the ACC to, in 2021, to extend ESPN’s right to not sign the extension without a mandatory vote of the members. Things have not been too bad for the ACC so far but that is about to change.
With payments to players and possible status as employees are we moving to a model where ex nfl players who retire or are cut can go back to school enroll and play cfb if they haven't burned all of their eligibility?
Why limit eligibility if enrolled in college and making grades & degrees ???
Marquette lives rent free in Ryan's head.
Start: 2:50 ; resume: 2:16:00