Um
Ok
I’m glad they’re being creative with raising money
But…
I’ll just say I can’t imagine a reason I’d want to go and leave it at that.
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- Thread starter ScriptOhio
- Start date
Um
Ok
I’m glad they’re being creative with raising money
But…
I’ll just say I can’t imagine a reason I’d want to go and leave it at that.
I was thinking the SAME exact thoughts! I mean, I’m a fan but nothing can make me PAY to watch some dudes work out… I mean to each their own and kudos to getting creative to raise NIL money.
I can only imagine what other ways NIL collectives around the country are doing to raise money
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Sure “Buckeye Guy” will be there.
I was thinking the SAME exact thoughts! I mean, I’m a fan but nothing can make me PAY to watch some dudes work out… I mean to each their own and kudos to getting creative to raise NIL money.
I can only imagine what other ways NIL collectives around the country are doing to raise money
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calibuck
Too soon old, too late smart
Fund raising for NIL is much like any other fund raising - medical school, music college, etc. You've got a product, one only has to convince those to give their hard-earned dollars to it. tOSU has a staff of those types of fundraisers to do that sort of things, had a buddy that tried to break in, but couldn't. Am wondering whether the annual fund raisers are going after the big whales, or Joe sixpack's $20-50 single contributions. Either way, it's one-time money going toward on-going expenses, and that's a tough nut to crack. tOSU has alot of fervent followers that are more well-heeled than I am, and willing to pony up to make things happen. PS, will watch to see how this 'revenue sharing' with players plays out against the outside NIL committees. Currently the revenues of tOSU sports funds what, 35 or so non-revenue sports, AND all facilities used to house these sports. Cutting into that funding to pay players from sports revenues could put a damper on these sports opportunities or on all these great sports venues. Interesting dilemma. Go Bucks!
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ScriptOhio
Everybody is somebody else's weirdo.
lawsuit FAQ: How much money will players get? Will there still be NIL? What happens to the portal?
Welcome to the salary cap era of college football.
It won't be a true salary cap on paper, but that's the read of what will occur talking to sources around the sport. How schools choose to distribute revenue is expected to be at the discretion of each school, which means athletic departments will have to figure out how to best split the around $20 million in distributed revenue. Do you funnel it all toward the money-making sports of football and basketball? Do schools protect themselves from potential Title IX lawsuits and split the revenue evenly between women's and men's sports? Do they choose to spread the revenue creatively in an attempt to be more competitive in different sports?
That's all an unknown at this point.
Just sayin': Schools that funnel more money to (say) football will be more competitive in recruiting for football than the schools that spread a significantly higher percentage around to other sports, etc.
NCAA lawsuit FAQ: How much money will players get? Will there still be NIL? What happens to the portal?
How Much Will Football Players Get Paid?Welcome to the salary cap era of college football.
It won't be a true salary cap on paper, but that's the read of what will occur talking to sources around the sport. How schools choose to distribute revenue is expected to be at the discretion of each school, which means athletic departments will have to figure out how to best split the around $20 million in distributed revenue. Do you funnel it all toward the money-making sports of football and basketball? Do schools protect themselves from potential Title IX lawsuits and split the revenue evenly between women's and men's sports? Do they choose to spread the revenue creatively in an attempt to be more competitive in different sports?
That's all an unknown at this point.
Just sayin': Schools that funnel more money to (say) football will be more competitive in recruiting for football than the schools that spread a significantly higher percentage around to other sports, etc.
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ScriptOhio
Everybody is somebody else's weirdo.
Revenue sharing:
Ohio State generated the most total revenue of any college athletic department in 2022 –the most recent year for which USA TODAY has compiled the revenue of every Division I public school – and if that continues to be the case, OSU will have more money to work with to fund its revenue sharing than any other school.
“We’re fortunate they all looking at all schools, so having certain schools in that calculation – if it was just Ohio State, it’d be more money, but when you look at the aggregate, there’s an average,” Ohio State athletic director Gene Smith said earlier this month during an appearance on WOSU’s “All Sides.”
While some schools will face tough decisions of whether they can afford to pay their athletes as much revenue as possible, Ohio State shouldn’t have to worry about that dilemma. That’s not to say the Buckeyes won’t have to make some cuts elsewhere (more to come on that), but OSU is as well-positioned as any school to max out its athlete revenue sharing while also continuing to invest in top-notch facilities, coaches and other resources for its programs.
In the new world of college sports – particularly football – where revenue sharing will almost certainly be a necessity to retain top players and the recruitments of top prospects will become even bigger bidding wars than they already are, the cap will force Ohio State and other schools to make tough decisions – much like NFL teams have to with free agents –about which players it can afford to pay market value and who it will risk losing to other schools that might have more money available.
Ohio State should be well-positioned to continue retaining its star players and landing star transfers like Caleb Downs and Quinshon Judkins, but it could be at a higher risk of losing more recruiting battles for players who would be second-tier additions for the Buckeyes but top-tier additions for programs that haven’t been perennial championship contenders.
EXAMINING THE POTENTIAL BENEFITS AND DRAWBACKS OF COLLEGE SPORTS’ NEW REVENUE SHARING MODEL FOR OHIO STATE
OSU HAS MORE REVENUE TO WORK WITH THAN ANY OTHER SCHOOL
Because the revenue-sharing cap is based on the average of power-conference schools’ revenues rather than each school’s individual revenue, Ohio State will be giving a much smaller piece of its pie to its athletes than most schools. If the cap starts out at $22 million, that would be less than 8% of Ohio State’s total athletics revenue from fiscal year 2023 – a number that will only increase going forward, as FY23 ended before the Big Ten’s new media rights deal went into effect.Ohio State generated the most total revenue of any college athletic department in 2022 –the most recent year for which USA TODAY has compiled the revenue of every Division I public school – and if that continues to be the case, OSU will have more money to work with to fund its revenue sharing than any other school.
“We’re fortunate they all looking at all schools, so having certain schools in that calculation – if it was just Ohio State, it’d be more money, but when you look at the aggregate, there’s an average,” Ohio State athletic director Gene Smith said earlier this month during an appearance on WOSU’s “All Sides.”
While some schools will face tough decisions of whether they can afford to pay their athletes as much revenue as possible, Ohio State shouldn’t have to worry about that dilemma. That’s not to say the Buckeyes won’t have to make some cuts elsewhere (more to come on that), but OSU is as well-positioned as any school to max out its athlete revenue sharing while also continuing to invest in top-notch facilities, coaches and other resources for its programs.
CAP COULD MITIGATE OSU’S ADVANTAGE
While Ohio State might have the deepest coffers of any college athletic department, it certainly won’t be the only school paying its athletes the maximum amount of revenue permitted to build the best rosters possible. Although the opportunity to share revenue with athletes will be a roster-building boon for the wealthiest programs in college sports, the cap serves to level the playing field among them rather than allowing any school to outspend their competition like the New York Yankees or Los Angeles Dodgers.In the new world of college sports – particularly football – where revenue sharing will almost certainly be a necessity to retain top players and the recruitments of top prospects will become even bigger bidding wars than they already are, the cap will force Ohio State and other schools to make tough decisions – much like NFL teams have to with free agents –about which players it can afford to pay market value and who it will risk losing to other schools that might have more money available.
Ohio State should be well-positioned to continue retaining its star players and landing star transfers like Caleb Downs and Quinshon Judkins, but it could be at a higher risk of losing more recruiting battles for players who would be second-tier additions for the Buckeyes but top-tier additions for programs that haven’t been perennial championship contenders.
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Some athletes are going to be amazed to hear the words, "If you insist on athletes in this sport receiving anything other than a small gratuity, then probably we will be facing a discontinuance of the sport."
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Zurp
I have misplaced my pants.
I'm always amazed to just hear the word "discontinuance".
But I assume you're talking about water polo and gymnastics and field hockey and golf. And quidditch. Or are you talking about football, at some schools?
I can see both being true. The one about football is probably less likely, but I do think that there will be an even bigger separation between the "haves" and the "have nots". Until recently, some players had a choice between going to Miami (Ohio) and getting to play as a freshman, and probably starting as a sophomore, and never winning more than 8 games, or going to Ohio State and sit the bench and possibly develop into a utility player by their 4th or 5th year. Now, add in that Ohio State will pay them 5-10 times more, and they might make a different choice.
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https://www.msn.com/en-us/news/us/o...ns-for-vip-club/ar-BB1nLgPp?ocid=BingNewsSerp
I know its become popular to knock the Schottenstein kid and The Foundation, but he's a damn good job finding ways to raise money for the collective. And going straight into FL to set up a branch of their NIL is actually a very smart move.
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