House settlement news | Page 5 | The Platinum Board

House settlement news

Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

Welcome to tPB!

Welcome to The Platinum Board. We are a Nebraska Husker news source and fan community.

Sign Up Now!
  • Welcome to The Platinum Board! We are a Nebraska Cornhuskers news source and community. Please click "Log In" or "Register" above to gain access to the forums.

House settlement news

As an NU AD they would much rather have a MBB Natty or Final Four than a Baseball CWS appearance or Natty.

As an AD, you've failed.

One has never happened, and never will, in Lincoln.

One has happened, multiple times, and could happen again.
 
Yes, college sports is about the money potential. So, why not put additional money in to a sport that gives us the potential!? Our attendance is T15 nationally, with room to grow. This is the exact argument I'm making, without impacting football, mbb & volleyball - that sport is baseball (and likely wrestling too, if we're being honest). So, let's increase the budget for a few years and see what happens. We have absolutely nothing to lose, no pun intended.

I am a wrestling fan, but just don't see it ever being profitable at Nebraska. Baseball has 140k attendance for the year and wrestling 23k. That's just a huge difference, especially when you consider ticket price difference. Maybe if Wrestling turns into a national power like Penn State for a couple of decades, but even then it would maybe cover it's own expenses. The limited number of home matches hurts the chance of profitability and the fact that the South and the Coasts don't want to watch it on tv.

Baseball is the clear candidate for a fourth sport to actually turn a profit. After that I actually think that Softball has more potential than any other sport, but it would take 10+ years and some luck for that to happen, if it would even be possible, which I doubt. Really after baseball I'm not sure that any sport has profit potential at Nebraska.
 

Just read the article and I was left with a couple of thoughts:

1) I'm glad SOME structure/framework will be in place to "put the toothpaste back into the tube" related to the wild, wild west days of NIL that we're currently enduring, and
2) This thing is really set up to put the "system" on one side and the student-athlete on the other. The athletes are left with no choice but to form a collective bargaining structure as a counterweight, IMO.

Also, good grief - who elected Deloitte as NCAA God?
 


Really interesting seeing where these ADs put their money. I wonder when Nebraska will announce how they are splitting it up. Sure didn't see tOSU spending money on Volleyball, their volleyball team has really tanked the last few years, I think they got a coach that's driving it down.
 
@Carm this piece that you were right about:

Answer: Yes, up to $2.5 million of new incremental athletically related financial aid (e.g., scholarships) above the current Division I institutional financial aid limits in the 2024-25 Division I Manual will count against the benefits cap each year. Beyond $2.5 million, new incremental athletically related financial aid beyond the current Division I institutional financial aid limits in the 2024-25 Division I Manual will not count against the cap. Further, financial aid that would have been countable under the 2024-25 financial aid legislation that is not based in any degree on athletics (e.g., scholarships given to all students from particular states, nonqualifying merit-based awards) will not count against the benefits cap.

This is really is messed up. So if the AD adds a Wrestling or Baseball scholarship that's going to reduce the 20.5 million cap for direct payments. That really forces the AD to make some tough choices. Pretty easy to add 2.5 million in new scholarships.

Wonder what Dannen will do? Give every coach a budget and they can add a scholarship or pay your top athletes? Sure don't see football adding many scholarships at the expense of paying the top guys, maybe a few, but certainly not 20.

Value of a out of state full ride scholarship is $47k, so $2.5 million would be 53 out of state full ride scholarships. Wonder how it will be broken down by payments and scholarships and by sport.

Another weird part of this is it looks like this continues in following years, it isn't a one time thing. If a school funds all or just a whole bunch of new scholarships, their direct payments are going to be 2.5 million less annually. That could be a big deal and ultimately really hurt new scholarship availability at the money losing sports.

Anyway, interested on your thoughts on this, just seems a weird thing to do, applying new scholarships as part of the direct payment budget.
 
Back
Top