Agree. A pro sports league was never going to work with more than 30-40 teams. I'm guessing they'll eventually figure out a way to cut the Vanderbilts, Northwesters, Rutgers, etc...
CR Gazette: ISU AD facing potential $147M deficit by 2031 with direct to player payments
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Or college football will look so different (e.g. no longer need to be students of the teams have been spun off from the university) that people won’t care as much.
Doesn’t matter, college athletics will be dead by 2031. If you want to watch professional sports, just watch professional sports.
So I take it you won't be following the clones this year?
Another banger of a headline from the Gazette to get clicks and the inbred Hawkeye twitter crowd to **** on ISU. All the while, we have zero debt and and they paid a measly $2.5 mil of their loan from the university and still sit around $250 mil in total debt. Is there some cause for concern with the BIG 12, sure, but we have the right team steering the ship and the next President of the university will likely be athletic driven. No one needs to get anywhere near the ledge.
The devil is always in the details, but if this ever happens to any substantial degree - ie, a fee to every tuition-paying student as opposed to simply raising prices for students who want to attend athletics - it'll be time to me to decide whether to walk away from this enterprise altogether. The tail is wagging the dog.
In hindsight, that bridge is looking more and more like an extravagance we never should have built.
I'm not disagreeing with any of your statements. But the $ shortage is real and additional revenue sources have to be found...But what are they?
So, what’s the real reason behind the sudden deficit? How do we go from in the black to suddenly in the red by 25 mil per year. Is it the player salaries? Whats actually changed?
I know we're screwed compared to the Big Ten and SEC.
But how does this look compared to Big 12 peers and ACC schools?
But how does this look compared to Big 12 peers and ACC schools?
I cancelled my CRG subscription 25 years ago. Yes I still live in CR.
I will, but I look forward to CFB less and less each year. Give it another 6 years at this trajectory and I don’t know.
Completely agree. The BOR or the State needs to step up. Giving handouts goes against my belief system but this predicament is making me question a lot. Cyclone Athletics and the City of Ames means a whole hell of a lot to me as I am sure it does for all of us. If that means saving college sports and ISU by having sports betting taxes fund the AD, so be it.
Eh, the Gazette is probably Iowa's best source on actual higher ed news (not sports) in Iowa. They go after Iowa plenty when it's warranted. This is as much of a plain vanilla, just the facts story as it gets. Hell, it's essentially just a summary of the information ISU provided. I don't see what's to complain about.
How much revenue did the last stadium concert bring? I was kinda surprised there wasn’t one this summer. I think ISU will figure it out. I don’t think it will be easy. But I think they end up ok.
Really quick search, but it looks like there was around $218M in sports gambling revenue last year in Iowa. Taxed at 6.75% to net around $14M to the state. Seems you could bump that rate to help, but it’s not going to be a savior on its own.
Sooner or later, it seems like the big spending schools will create their own league. Not just their own conference, but a league that sets an operates by its own rules. They will try to call it a super league. I will call it the WNFL! It will move from the top of the college ranks to the bottom of the pro ranks.
And the rest of the schools will regroup with reasonable rules about NIL, transfer portal, maybe even salary caps. I’d like to think that Matt Campbell would like to coach in that environment, namely, truly developing players over their college career. I think he could lead us to a national championship in that kind of league.
And the rest of the schools will regroup with reasonable rules about NIL, transfer portal, maybe even salary caps. I’d like to think that Matt Campbell would like to coach in that environment, namely, truly developing players over their college career. I think he could lead us to a national championship in that kind of league.
