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Started By
Message
re: The Big Ten’s revenue distributions will top $52 million per school next year
Posted on 6/22/18 at 3:01 pm to RedRifle
Posted on 6/22/18 at 3:01 pm to RedRifle
quote:
Pay. The. Players.
fricking Rutgers is getting a $52m check.
Just football players?
What about women’s soccer and tennis? They’re athletes and represent the school as well. Track and Field? Lacrosse?
2
Posted on 6/22/18 at 3:03 pm to Prominentwon
quote:
Just football players?
Football and basketball. They are the 2 sports that make a profit.
quote:Football and basketball subsidise these sports.
What about women’s soccer and tennis? They’re athletes and represent the school as well. Track and Field? Lacrosse?
Posted on 6/22/18 at 3:07 pm to RLDSC FAN
When will the Aggies secede to the Big 10? Their lavish spending needs sugar daddy bucks.
The SEC payout aggy gets on the coat tails of Alabama's success is like putting a 10-gallon hat on a 2 cent head.
The SEC payout aggy gets on the coat tails of Alabama's success is like putting a 10-gallon hat on a 2 cent head.
Posted on 6/22/18 at 3:08 pm to mizzoubuckeyeiowa
quote:
The Pac-12 had a record year last year and the payout was $30 million per school.
Big10 is printing money.
Pac 12 could be doing much better if they would dump those idiotic regional Pac12Nets they try to force on all the cable/sat providers.
Posted on 6/22/18 at 3:34 pm to RedRifle
A TON. Im all for finding some way, but I can see why it hasnt been done. Most people only think about football and basketball players. But everyone else has to get paid too, and how is a program going to do this EQUALLY .
In what world do you see a duke/unc/uk 5* player bball player make as much as a womens tennis player, because if players are too get paid, everyone has to get paid the same.
In what world do you see a duke/unc/uk 5* player bball player make as much as a womens tennis player, because if players are too get paid, everyone has to get paid the same.
Posted on 6/22/18 at 4:56 pm to RedRifle
quote:
Just football players?
Football and basketball. They are the 2 sports that make a profit.
Try that, and your school loses all federal funding. UNC gets nearly $600 million a year in federal funding.
Posted on 6/22/18 at 5:01 pm to Smart Post
quote:
When will the Aggies secede to the Big 10? Their lavish spending needs sugar daddy bucks.
A&M in #1 in the nation in revenue, first school to pass the $190MM mark.
Posted on 6/22/18 at 5:10 pm to TigerintheNO
Most Aggies realize that revenue number is bloated by a winding-down fundraiser for the new football field.
Posted on 6/23/18 at 12:01 am to Dr RC
quote:
Pac 12 could be doing much better if they would dump those idiotic regional Pac12Nets they try to force on all the cable/sat providers.
I don't think the Pac-12 has much choice.
To no fault of their own, they alienate most of the nation who is in bed when their games come on.
If the Pac-12 went back to their traditional 12:30pm start times for football games...well then they are competing with SEC 3:30pm start times.
Big10 has sort of a monopoly as being the only thing on the television before Noon.
It's a TV war...that the Pac-12 can't logistically win.
Posted on 6/23/18 at 12:01 am to Dr RC
quote:
Pac 12 could be doing much better if they would dump those idiotic regional Pac12Nets they try to force on all the cable/sat providers.
I don't think the Pac-12 has much choice.
To no fault of their own, they alienate most of the nation who is in bed when their games come on.
If the Pac-12 went back to their traditional 12:30pm start times for football games...well then they are competing with SEC 3:30pm start times.
Big10 has sort of a monopoly as being the only thing on the television before Noon.
It's a TV war...that the Pac-12 can't logistically win.
Posted on 6/23/18 at 12:12 am to TigerintheNO
quote:
&M in #1 in the nation in revenue,
Guess again Texas $200 million
This post was edited on 6/23/18 at 6:02 am
Posted on 6/23/18 at 4:28 am to RedRifle
quote:
Pay. The. Players.
They are getting paid
Posted on 6/23/18 at 12:37 pm to RedRifle
quote:
Pay. The. Players.
Sure. But if they are getting paid then no more scholarships. Make them pay for room and board, books, tuition, food and other advantages athletes get that are not available to other students (specialized study halls, athletic training).
Add the services/benefits college athletes receive, it is a pretty good bit of money.
Posted on 6/23/18 at 2:05 pm to BayouCatFan
quote:
Profits from basketball and football pays for all the other sports, academic scholarships and research.
Small point - but nothing from athletics typically pays for research. It's a completely separate pot. Academic researchers in the sciences (and increasingly the social sciences) spend a lot of time writing grant proposals to fund their research through federal agencies and private foundations.
I deeply love college sports. But if athletic departments were forced to justify their expenses the way academic departments are, all but a handful would've been cut a long time ago.
Posted on 6/23/18 at 2:28 pm to RD Dawg
It wasn't a guess it was a fact, A&M did lead the nation in revenue and was the first school to take in over $190MM. Now the following year Texas and A&M both have eclipsed the $200 MM mark and they look to flip spots, depending if no other school jumps them
quote:
Texas A&M's athletic department reported more than $211 million in revenue for its fiscal year that ends in August, according to its annual report submitted to the NCAA. The document, which was obtained through an open records request, shows the Aggies saw a revenue jump of a little more than $17.5 million from when it led the country in revenue in 2016.
The Aggies won't be claiming that title this year. Texas, which finished second behind A&M last year, reportedly generated more than $215 million during its 2017 fiscal year.
Posted on 6/23/18 at 2:37 pm to ForkEmDemons
quote:
Sure. But if they are getting paid then no more scholarships. Make them pay for room and board, books, tuition, food and other advantages athletes get that are not available to other students (specialized study halls, athletic training). Add the services/benefits college athletes receive, it is a pretty good bit of money.
They already are getting paid on top of all of that.
Posted on 6/23/18 at 2:48 pm to Prominentwon
quote:
What about women’s soccer and tennis?
What about them?
The entire premise of paying athletes is not based on them "representing the university". It's based on the capitalistic idea that said athletes are providing a service that is bringing in profits.
That being said, most (if not all) programs outside of football and basketball for most universities do not operate at a profit. In fact, they operate at a loss and are subsidized by the football and basketball programs.
Here's another dilemma. Does the university's non profit tax status remain in place if they have "paid employees" that are generating profits? Per the IRS tax code, are players to be considered "1099" and subject to taxes on not only what they are being "paid", but the value of all the perks they are given for being student athletes? (free tuition, free books, free clothes, free food, free board, free medical care, free training, etc...)
It's not just a simple "Well let's just pay the players" situation.
Posted on 6/23/18 at 2:48 pm to TigerintheNO
quote:
While the report shows Texas A&M with about $147 million in operating expenses for 2017 — an apparent annual surplus of more than $65 million — it also shows the school with just under $67 million in athletics-related capital expenditures during the year. When schools borrow money to build or refurbish athletics facilities, the NCAA currently requires them to count annual debt service payments — the amount of principal and interest they repay in a given year — as an operational expense. Cash spending on facilities is supposed to be counted, and reported, separately from annual operating expenses.
As a result, contributions to Texas A&M’s athletics program that were made in 2017 and spent on facilities projects that year are being reported as operating revenue while most of the corresponding spending on those projects is not being reported as an annual operating expense.
Texas A&M athletics department’s chief financial officer, Jeff Toole, told USA TODAY Sports that when the facilities-related contributions are removed from consideration for 2017, “we are basically break-even, maybe a little less than break-even, for the year.”
Anybody remember Aggies bragging about their huge profits? LOL.
They were really $2 million in the red in 2017. And they still haven't repaid a multimillion dollar loan from the academic side. The academicians are pissed that they are blowing every penny while stiffing their creditors.
Hence, they will soon move to the Big 10 to continue leeching off others.
This post was edited on 6/23/18 at 2:55 pm
Posted on 6/23/18 at 2:52 pm to RedRifle
quote:
Pay. The. Players.
fricking Rutgers is getting a $52m check.
The COA at Rutgers is $50k per year. It’s not these schools fault if a player doesn’t take advantage of the massive advantage that is a debt free college education.
Posted on 6/23/18 at 2:54 pm to skullhawk
And they get cash on top of that.
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