Yep...UK needs to make some decisions that reallocate money that would normally come to the athletic department and put it towards NIL. As an example, Nike and UK signed a deal in 2017 that runs through this upcoming season for $47 million in cash and apparel. In the future, UK should take less money and have the company then put some of the deal towards NIL.
The article admitted it was a gray area and that the players would get paid after fulfilling some off the court obligations. So that says to me that the money has to go to the players. the NIL money is not collected by the school. But it also said the winners will get substantially more NIL money. That does seem performance based even if they have some extra obligations to fulfill, either that or they get paid substantially more for the same tasks than the players on losing teams.
Collegiate sports is dying a rapid death.
And then said schools are going to start claiming they don't have the funds to do maintenance and repairs, and eventually say they're not building new arenas.
In their last budget that was published, UK had a surplus of a few million dollars. Since they can't take that money and put it to NIL, have the company itself redirect some of that money to NIL.
In the NIL era, there is a big difference between the blue bloods of college football and the blue bloods of college basketball. The same schools will continue winning in college football (Alabama, Ohio State, Michigan, Texas, Oklahoma, etc.) because of the roster size (85 scholarships) and athletic department revenue (substantially more annual revenue than college basketball blue bloods).
That would be $7m for the champ if they get $1m for just appearing in the tournament + $1m per win. But also I'm a little uneasy at the idea of rewarding the most successful teams with the resources to make them more successful than the rest of the pack. Basically the opposite of what pro leagues try to do with the worst teams having the highest draft picks.
Reward those who win big, doesn’t have to be a million maybe 250k 500k.
I'm not saying you pay the teams that suck, just that maybe something more thoughtful than paying the richest teams for winning.
I just don’t really see another way of doing it honestly. Unless every participant is guaranteed the same amount.
I could see paying the players on the winning team directly, a la the new NBA in-season tournament. I think that would reward the winners, without further imbalancing the haves and have-nots. Just a thought. Obviously the whole NIL landscape is out of control.
Yep. Oy would just be UK redoing an agreement for less money going to the university and then that same company giving money to NIL.
I think the list of things that are out of bounds right now in college athletics is very very slim.
