Jamie Pollard preaches "Doomsday" about College Athletics and the NIL

[Mr Janny]

Tell me why the 49ers owner can't just offer Brock Purdy a $55 million a year dollar endorsement deal and then a $5M NFL contract to circumvent the salary cap?

The NFL has a Collective Bargaining Agreement. That's the key that allows them to enforce all kinds of rules that would normally be illegal. That's the mechanism by which businesses can get around anti-trust laws. The NCAA does not have a CBA.

 

[clone52]

The NFL has a Collective Bargaining Agreement. That's the key that allows them to enforce all kinds of rules that would normally be illegal. That's the mechanism by which businesses can get around anti-trust laws. The NCAA does not have a CBA.

That's why they are trying to get Congress involved. Ted Cruz and Tim Scott are working together on it. If the NFL can do it and the NBA can do it, then there 100% can be a legislative solution for the NCAA.

 

[Cyclonepride]

Pollard does a good job of laying out how the current landscape came to be. I will point out that when he talks about revenue sharing and Iowa State not having $20 million, he says "But if we don't pay it, someone else will" likening it to the wild west.
But that's not any different than a small business not being able to afford to pay their employees as well as their bigger competitors can. You can call it the wild west, I suppose, but that's just the way the world works. There's no artificial limit, making sure that Principal can't offer better pay than Farm Bureau can.

I don't think that's a good comparison with a somewhat closed and mostly public ecosystem such as this. I'm not sure what you'd call it, but it's quite a unique "market".

 

[bbillings]

New Avengers movie marketing is so good they make it into college athletics podcasts

 

[Kinch]

Why doesn't that apply to schools? Don't schools drop sports all of the time? The Ivy League doesn't do athletic scholarships. They've chosen not to play that game, and yet they field teams.

True they don’t offer athletic scholarships, but they offer “need based” scholarships to student athletes that covers 100% of the costs for student athletes whose parents who make under $100,000. Don’t know how many this covers.

 

[Mr Janny]

That's why they are trying to get Congress involved. Ted Cruz and Tim Scott are working together on it. If the NFL can do it and the NBA can do it, then there 100% can be a legislative solution for the NCAA.

They wouldn't need an act of congress if they hadn't fought tooth and nail against unionization.

 

[farcyted]

It's absolutely a fair market rate. Texas

&M boosters are very clearly willing to put up a whole lot of money to bring in talented players. If Iowa State won't/can't match, that's not A&M's problem. That's just

Contrary to your thesis, unregulated capitalism is not how this country operates. Unfettered capitalism leads to abuses and bad outcomes. Regulated capitalism is all around us; and yes, in the sports world too. There need to be limits put in place and regulations enforced on NIL deals so there can be somewhat fair competition for the good of the sport and fan interest. Otherwise unfettered capitalism will kill top level college sports

 

[Marcelason78]

Good podcast. Didn’t know that the next two years of ’revenue sharing’ will be paid in full by an AD slush fund.

 

[cydsho]

Why doesn't that apply to schools? Don't schools drop sports all of the time? The Ivy League doesn't do athletic scholarships. They've chosen not to play that game, and yet they field teams.

Because if the sport continues to operate by letting schools drop out because they can't pay, you kill the sport.
You go from a sport with over a 100 teams to what, 20-30? Everything that made it popular is dead.

 

[Cycsk]

The NFL has a Collective Bargaining Agreement. That's the key that allows them to enforce all kinds of rules that would normally be illegal. That's the mechanism by which businesses can get around anti-trust laws. The NCAA does not have a CBA.

Does the NFL CBA prevent an owner from doing a huge sponsorship deal beyond a player's salary? Or having a buddy do a huge sponsorship deal?

 

[Kinch]

The NFL has a Collective Bargaining Agreement. That's the key that allows them to enforce all kinds of rules that would normally be illegal. That's the mechanism by which businesses can get around anti-trust laws. The NCAA does not have a CBA.

And the Big 10 and SEC will have their own CBA which will not include the Big 12.

 

[Kinch]

Is the slush fund generated partly from OuT separation payments?

 

[ElijahMoore]

Why doesn't that apply to schools? Don't schools drop sports all of the time? The Ivy League doesn't do athletic scholarships. They've chosen not to play that game, and yet they field teams.

The sports ecosystem is humongous, its a multi-million dollar industry not just influencing sports and the schools, but the whole state and the town. Each season brings millions in tourism, merchandise, advertising, and what-not. To just drop a sport would shatter the ecosystems of some places. Now this is somewhat society's fault for relying so much on sports, but the outcomes would just be too horrific.

 

[Cyclad]

Because if the sport continues to operate by letting schools drop out because they can't pay, you kill the sport.
You go from a sport with over a 100 teams to what, 20-30? Everything that made it popular is dead.

It’s a mirror of our country. 5 people have more $ than the bottom 180,000,000.
The big10 and SEC want to control everything and they have the $. This is what Ruhle was referring to in this defense of their poor in state recruiting. They have to compete on the field and with their check books against fellow rich teams.
It is detrimental to the overall sport.

 

[AuH2O]

I don't think that's a good comparison with a somewhat closed and mostly public ecosystem such as this. I'm not sure what you'd call it, but it's quite a unique "market".

And unlike other markets, schools are not pure competitors. They are partners in the business of CFB.

It’s partly like two businesses competing for talent. It’s also partly like two divisions in the same company in a bidding war for talent.

 

[thuner]

He is just stating the obvious that everyone has been trying to deny. The amateur athletics have been trying to maintain “equal field” conditions but without universal application of the rules. This is where we are and it’s going to continue.

 

[Letterkenny]

It is apples to oranges because in business if someone can't afford to pay for good talent, that business can go out of business or merge/purchased by another business.
Sports can't operate like that in purest sense because the whole concept is based off teams playing each other. Who do you play if only a few teams can afford to pay?

It also isn't comparable to business because sports is a zero sum game. Business is not.

 

[exCYtable]

So it sounds like we will be fully funded for 2 years based on our piggy bank? If so, that's a pretty nice cushion to have while all this crap (hopefully) gets figured out.

I didn't hear a single thing he said that I would consider exaggerated.

Basically, if we ever want to win a national title in mens basketball, we better do it next season because we may be fudged after that.

 

[1SEIACLONE]

So, ISU has two years worth of reserves and then we will be in the red. We can't count on any support from the state, too many EIU legislators in place that will never allow it, so no bailout will be coming our way like in Arizona and other states. Let's face it, this means we will be cutting non revenue sports in the future. No way Cy Town is going to make up a $20 million difference. Not a bright future unless other funding is forthcoming down the road.

 

[ribsnwhiskey]

So, ISU has two years worth of reserves and then we will be in the red. We can't count on any support from the state, too many EIU legislators in place that will never allow it, so no bailout will be coming our way like in Arizona and other states. Let's face it, this means we will be cutting non revenue sports in the future. No way Cy Town is going to make up a $20 million difference. Not a bright future unless other funding is forthcoming down the road.

Either you didn’t watch the entire video or you only heard about 5% of what was actually said.