Judge approves House settlement - Schools to pay

[Carm]

Interesting approach. The AD has essentially capped the # of scholly's for the football and basketball programs in exchange for increased distributions per player on those teams. I hope that was done after consulting with the corches, who will be competing against teams with larger squads. Good luck.

I think this is what most teams were expected to do. I think the SEC adopted this as a conference-wide approach.

 

[vailhusker]

It will be interesting to see how the College Sports Commission and the "NIL Go" will be set up and how quickly the SEC and others will find ways to manipulate it.

 

[mcgradynu]

It will be interesting to see how the College Sports Commission and the "NIL Go" will be set up and how quickly the SEC and others will find ways to manipulate it.

I am sure there are lobbyists working the language to ensure that there are loopholes “that no one could have foreseen” (except for those that had a seat at the table to craft the language).

 

[Stan Raymond]

Interesting approach. The AD has essentially capped the # of scholly's for the football and basketball programs in exchange for increased distributions per player on those teams. I hope that was done after consulting with the corches, who will be competing against teams with larger squads. Good luck.

Well UCLA is one of the few programs in the B1G with money issues, I don't think that their budget allows them to just add 20.5 million for revenue share so they had to cut some costs somewhere.

 

[LoudHogRider]

Well UCLA is one of the few programs in the B1G with money issues, I don't think that their budget allows them to just add 20.5 million for revenue share so they had to cut some costs somewhere.

True, but $20.5M is still $20.5M spread across 85 or 105 (football), 13 or 15 (basketball). It sounds as if they’re still planning on distributing the full amount, per the article.

 

[Stan Raymond]

True, but $20.5M is still $20.5M spread across 85 or 105 (football), 13 or 15 (basketball). It sounds as if they’re still planning on distributing the full amount, per the article.

Correct, they are planning on spending all 20.5 revenue share dollars, but the aren't fully funding all 105 football scholarships and other scholarships in other sports. They are cutting some spending in order to pay for the revenue sharing.

 

[Carm]

Correct, they are planning on spending all 20.5 revenue share dollars, but the aren't fully funding all 105 football scholarships and other scholarships in other sports. They are cutting some spending in order to pay for the revenue sharing.

A lot of schools are choosing to stay at 85, etc. At 85 you get the full 20.5M to distribute. You can increase to 105, but the additional scholarships get funded out of the 20.5M. Going to 105 means you no longer have 20.5M to distribute.

To me it doesn't make sense to pay money for the last 20 scholarships. Those last 20 guys are unlikely to ever play a meaningful down for you. If you plan on developing them, someone is likely to snatch them up from the portal because you really can't pay 105 worthwhile guys enough revenue sharing to keep them around. The top 50 or so will get all the PT, better to invest in making those guys better.

 

[Stan Raymond]

A lot of schools are choosing to stay at 85, etc. At 85 you get the full 20.5M to distribute. You can increase to 105, but the additional scholarships get funded out of the 20.5M. Going to 105 means you no longer have 20.5M to distribute.

To me it doesn't make sense to pay money for the last 20 scholarships. Those last 20 guys are unlikely to ever play a meaningful down for you. If you plan on developing them, someone is likely to snatch them up from the portal because you really can't pay 105 worthwhile guys enough revenue sharing to keep them around. The top 50 or so will get all the PT, better to invest in making those guys better.

nah, different. Funding more scholarships does not reduce the $20.5 million in revenue share. A school can give out all 105 full ride scholarships and distribute all $20.5 million in revenue sharing. That particular UCLA quote made it confusing, but giving more scholarships does not come out of the revenue share budget cap.

Many sports, especially the ones that were partial scholarship ones like baseball and wrestling will be adding a lot of scholarships. The roster limits and funding scholarships for them and the revenue sharing are different parts of the same agreement.

Now adding a $20.5 million revenue share expense in some ADs budgets is going to cause some other items to be reduced, some scholarships in UCLA's case.

 

[Blakejc]

Who pays the $2.8B to former athletes? Is that a new expense Nebraska will have going forward?