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Ohio State has a $22 million football team
Posted on 1/25/24 at 9:09 pm
Posted on 1/25/24 at 9:09 pm
quote:
The Boosters and NIL collectives of the Ohio State Buckeyes have reportedly spent $13 million in NIL money to retain and/or add elite players to their 2024 roster, according to CFB Focus.
This $13 million number is what they’ve spent at this point. They are still looking to add Alabama Crimson Tide transfer defensive back Caleb Downs. They are also looking to a couple more offensive linemen.
LINK
quote:
Ohio State Buckeyes head coach Ryan Day spoke to about 100 members of the Columbus business community in 2022 regarding NIL, and he told them that it would take $13 million to keep Ohio State football at the top, per Cleveland.com
Add in Ryan Day's annual contract at 9 mil per year. Better beat Michigan I guess. Gone all in on crazy.
17
Posted on 1/25/24 at 9:10 pm to mizzoubuckeyeiowa
And will still lose to michigan
Posted on 1/25/24 at 9:10 pm to mizzoubuckeyeiowa
They must want to make it past the semis this year
Posted on 1/25/24 at 9:11 pm to mizzoubuckeyeiowa
Big money has ruined college football.
Posted on 1/25/24 at 9:14 pm to mizzoubuckeyeiowa
how much for the year after?
What about 5 years from now?
What about 5 years from now?
Posted on 1/25/24 at 9:15 pm to Saint Alfonzo
quote:
Big money has ruined college football.
They have ruined it for the fans because they will be the one picking up the tab. Enjoy your $25 beer.
Posted on 1/25/24 at 9:17 pm to mizzoubuckeyeiowa
They should call aTm and ask how that strategy worked out for them. Or they could just ask the new AD
Posted on 1/25/24 at 9:18 pm to mizzoubuckeyeiowa
And Will Howard at QB. Lmao
Posted on 1/25/24 at 9:20 pm to mizzoubuckeyeiowa
That’s not what NIL was created for. It’s not for the schools to pay to keep or recruit players. It’s for players to make money off of merch, autographs and endorse products openly. That’s the problem.
Posted on 1/25/24 at 9:41 pm to GeauxtigersMs36
It’s the NCAA’s fault, had they lodged their heads up their asses and seen where this was headed, guardrails could have been put in place
It’ll be interesting to see how sustainable this all is once the top boosters have had their fun and bought a title. I’d think eventually even the richest will start to question bank rolling this all and getting no ROI
It’ll be interesting to see how sustainable this all is once the top boosters have had their fun and bought a title. I’d think eventually even the richest will start to question bank rolling this all and getting no ROI
Posted on 1/25/24 at 9:42 pm to mizzoubuckeyeiowa
Ohio State
Texas
Ole Miss
Are shelling out the dough more than anyone.
Texas
Ole Miss
Are shelling out the dough more than anyone.
Posted on 1/25/24 at 9:48 pm to BilJ
quote:
It’s the NCAA’s fault
Fans are to blame for the NIL mess and destroying the postseason.
Posted on 1/25/24 at 9:51 pm to BilJ
quote:Didn’t the Supreme Court ruling render any NCAA’s rules on this shite pointless?
It’s the NCAA’s fault, had they lodged their heads up their asses and seen where this was headed, guardrails could have been put in place
Posted on 1/25/24 at 9:52 pm to mizzoubuckeyeiowa
It is one thing to add a piece or 2 but dang this can't work well longterm for chemistry
Posted on 1/25/24 at 10:01 pm to ReauxlTide222
More meaning had the NCAA seen what was apparent it wouldn’t be the wild Wild West and the Supreme Court would have never even had to step in and force their hand
Posted on 1/25/24 at 10:03 pm to DisplacedBuckeye
quote:
Fans are to blame for the NIL mess and destroying the postseason.
How?
Fans weren’t the ones clamoring to get players paid and they certainly weren’t the ones who had the power to regulate this and chose not to.
Posted on 1/25/24 at 10:15 pm to GeauxtigersMs36
quote:
That’s not what NIL was created for. It’s not for the schools to pay to keep or recruit players. It’s for players to make money off of merch, autographs and endorse products openly. That’s the problem.
Didn’t they basically overreact to a single concurring opinion written by Kavanaugh?
quote:
“In the short term, the ruling will prevent the NCAA from limiting education-related benefits. In the medium and long terms, the NCAA’s prized ‘amateurism’ defense is riddled with body blows,” said Michael A. Carrier, a professor at Rutgers Law School.
… Justice Neil Gorsuch delivered the opinion of a unanimous court targeting the education-related benefits at issue in the case. But in a concurring opinion, Justice Brett Kavanaugh said the NCAA is essentially acting “above the law” in how it treats athletes and questioned if more spending limits should fall.
…While today’s decision preserves the lower court ruling, it also reaffirms the NCAA’s authority to adopt reasonable rules and repeatedly notes that the NCAA remains free to articulate what are and are not truly educational benefits, consistent with the NCAA’s mission to support student-athletes.
For starters, lawsuits originally challenged the NCAA’s right to restrict all forms of athletes’ compensation – including those unrelated to education, said Hextrum, a former NCAA national champion rower and author of an upcoming book.
This week’s ruling removes the NCAA’s right to limit what constitutes an athletic scholarship, allowing college athletes to receive money for school and educational supplies, such as computers.
“Whether schools in general will offer such rewards, and which ones will have the funding to do so, remain open questions,” Hextrum said.
But the Supreme Court only weighed in on education-related benefits, which leaves intact a lot of restrictions against compensating student athletes, Hextrum said.
Posted on 1/25/24 at 11:53 pm to mizzoubuckeyeiowa
These NIL numbers are completely made up. They’re from an answer Day gave years ago to a question about how much NIL money he estimates would be needed to raise retain players, and I think largely retain those who could leave for the NFL.
But that was back when A&M suddenly signed thr greatest recruiting class of all time, and Florida’s NIL fund got itself in thr hook for $13 million with a QB recruit who wasn’t even a 5* recruit.
I’m confident that NIL estimates are way higher than reality to this day, but back when Day made that comment, they made Enron accounting seem accurate by comparison.
But that was back when A&M suddenly signed thr greatest recruiting class of all time, and Florida’s NIL fund got itself in thr hook for $13 million with a QB recruit who wasn’t even a 5* recruit.
I’m confident that NIL estimates are way higher than reality to this day, but back when Day made that comment, they made Enron accounting seem accurate by comparison.
Posted on 1/26/24 at 7:29 am to pioneerbasketball
quote:maybe it'll be DEI, but for ncaa football?
how much for the year after?
What about 5 years from now?
like say, this year ohio state wins it, but next year it'll be tennessee, texas the next. because i don't see every school's collective being able to shell out tens of millions of dollars year after year into perpetuity. how's that sustainable? what if it doesn't work? then what?
"aw shucks, well let's pay even more to keep these guys and try it again."
Posted on 1/26/24 at 7:31 am to buckeye_vol
What's being glossed over is the fact that Ohio State has 10 guys that could have gone pro that decided to come back. NIL had a lot to do with that retention. People seem to think that all of the money was spent on transfer players. It wasn't, not even close. I also highly doubt the number that the internet is throwing around is correct.
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