$60 Million Sharing Cap

[PrimeCy]

Interesting article from Heartland College Sports about the Big10 and SEC wanting a $60 million sharing cap.

Can the Big 12 Afford a $60 Million Sharing Cap?

In recent weeks, the Protect College Sports Act, headed for a full Senate vote next month, has stolen the spotlight and understandably so. It’s an important bill, and one that fundamentally reshapes the nature of college athletics, and football in particular, which is the golden goose of revenue...

www.heartlandcollegesports.com

 

[StPaulCyclone]

Interesting article from Heartland College Sports about the Big10 and SEC wanting a $60 million sharing cap.

Can the Big 12 Afford a $60 Million Sharing Cap?

In recent weeks, the Protect College Sports Act, headed for a full Senate vote next month, has stolen the spotlight and understandably so. It’s an important bill, and one that fundamentally reshapes the nature of college athletics, and football in particular, which is the golden goose of revenue...

www.heartlandcollegesports.com

I've been waiting for this 'ask', not surprising at all.

 

[ZorkClone]

IMO a cap this high shouldn't matter to the Big 12 or ISU, none of us could afford to reach the cap. The issue will be the schools' fanbases will put pressure on the AD or the University president to reach the cap and some unwise AD's will go broke doing so.

 

[t.m.]

The current system is definitely not fair, so it's nice for the Big10 and SEC to compromise....

"We have $80mil, and you "poors" are struggling to raise $20, so let's compromise. Everyone now has the same cap, and it will be $60 million. Now it's fair."

I hate college sports more every day, and my daughters have one more year before graduating. I'd lose zero sleep with it completely imploding after that

 

[Billups06]

IMO a cap this high shouldn't matter to the Big 12 or ISU, none of us could afford to reach the cap. The issue will be the schools' fanbases will put pressure on the AD or the University president to reach the cap and some unwise AD's will go broke doing so.

I'd be curious how many schools can realistically reach that cap every year. Is it 5-10 schools in each of the BIG and SEC, or a dozen total across the NCAA?

 

[CyTuT]

Just let them spend all they want. My hope is the money runs out and they destroy themselves. I don’t think this is going to stop the inevitability of a complete loss of college sports.

 

[PrimeCy]

I'd be curious how many schools can realistically reach that cap every year. Is it 5-10 schools in each of the BIG and SEC, or a dozen total across the NCAA?

Good question

 

[NWICY]

IMO a cap this high shouldn't matter to the Big 12 or ISU, none of us could afford to reach the cap. The issue will be the schools' fanbases will put pressure on the AD or the University president to reach the cap and some unwise AD's will go broke doing so.

Agree lot of ADs in the red already.

 

[BillBrasky4Cy]

Do the B1G and SEC schools technically have the money to do this? Yes. Can they all afford to? That's a hard no.

 

[MeowingCows]

I'd be curious how many schools can realistically reach that cap every year. Is it 5-10 schools in each of the BIG and SEC, or a dozen total across the NCAA?

I'm not sure its 10 schools total that can just magically make an additional $40M appear from thin air.

 

[CycloneT]

I could care less about a cap. Cheaters will always cheat. Just make it so you have to compensate for transfers

 

[Letterkenny]

Do the B1G and SEC schools technically have the money to do this? Yes. Can they all afford to? That's a hard no.

Some of them could, the other ones will be left in the dust. Although I suppose you could argue they already are.

 

[ZorkClone]

I'd be curious how many schools can realistically reach that cap every year. Is it 5-10 schools in each of the BIG and SEC, or a dozen total across the NCAA?

I saw a graphic claiming each SEC schools’ football team cost no idea if it’s true, but Only 2 were above 40 million most were in the $25- $35 million range. 2 were in the mid teens.

Anyway, it appears only 2 or so teams could reach the if the cap is for all teams at a school and not just football.

 

[SCNCY]

The Big 10 and SEC are going to continue to raise the costs of D1 sports to force everyone else to essentially take a back seat to them. Only the Big10 and SEC could even get close to a $60M dollar cap; with a cap only so the blue bloods can play on an even financial playing field.

To me, they want a cap because some of the blue bloods may be feeling they can't keep up financially to schools like Texas and Ohio State. I'd bet some schools like Florida, USC, Penn State foresee themselves being Blue Blood level B if a salary cap isn't created.

 

[FinalFourCy]

Interesting article from Heartland College Sports about the Big10 and SEC wanting a $60 million sharing cap.

Can the Big 12 Afford a $60 Million Sharing Cap?

In recent weeks, the Protect College Sports Act, headed for a full Senate vote next month, has stolen the spotlight and understandably so. It’s an important bill, and one that fundamentally reshapes the nature of college athletics, and football in particular, which is the golden goose of revenue...

www.heartlandcollegesports.com

M2 should support it in exchange for P2 using unequal revenue sharing

 

[clonedude]

I’m with JP…. wish the B1G and SEC would just leave already and start their own thing. Good riddance!

 

[1UNI2ISU]

M2 should support it in exchange for P2 using unequal revenue sharing

I'm not sure how the M2 can tell the P2 how they have to split their revenue...

 

[FinalFourCy]

I'm not sure how the M2 can tell the P2 how they have to split their revenue...

Standard horse trading and politics.

 

[1SEIACLONE]

Fine, $60 million cap, now let's talk how is this money going to be policed to make sure schools do not go above the cap.

1. Every athlete signing a NIL, play for pay contract that specifically points out the money they are due and when.

2. All "contracts" are submitted to a body to make sure that each contact is correct and the player gets his money. Basically just making sure no one goes above that amount, and the player is paid.

3. Any school attempting to go above the agreed amount loses all NIL funding for their athletes for 3 years. No sign for $5 million but only report $3 million and the other $2 million is under the table. You cheat and get caught, you lose all rights to fund your NIL for 3 seasons.

 

[FerShizzle]

Some of them could, the other ones will be left in the dust. Although I suppose you could argue they already are.

They would bankrupt their ADs trying to keep up.