If Goodman is correct on basketball teams revenue sharing budget to have a competitive team.

[BigBlueFanGA]

He claimed 12-13 million would be required and there's only 20.5 million to go around.
If my understanding is correct it certainly doesn't leave much for football and all the other sports.

I'm not sure I understand exactly how this is going to work but it seems like basketball schools and football schools will have to back off the other revenue sport.

That would basically end Bama, Auburn, Texas and so on, in basketball. The opposite would be true for UK, UNC, Duke.

I realize NIL will still be used but I'm not sure it can consistently bridge the gap. I'd love to hear what everyone thinks and I'm happy to learn where I'm wrong. I almost have to be wrong somewhere.

 

[ACCat#23]

Without adding much in the form of facts or great insight into the matter, all I can say is the current NIL landscape is utterly ridiculous.

Goodman has been known to spout some bull so who knows if what he says is true, but regardless, the college game I grew up cheering for - and admiring - is a relic of an ancient past, and it's bittersweet.

I'm BBN until the day I day, but college pageantry is dead IMO. It's just a different kind of product nowadays.

Those dollar amounts you (Goodman) mentioned are CRAZY!

 

[bthaunert]

He claimed 12-13 million would be required and there's only 20.5 million to go around.
If my understanding is correct it certainly doesn't leave much for football and all the other sports.

I'm not sure I understand exactly how this is going to work but it seems like basketball schools and football schools will have to back off the other revenue sport.

That would basically end Bama, Auburn, Texas and so on, in basketball. The opposite would be true for UK, UNC, Duke.

I realize NIL will still be used but I'm not sure it can consistently bridge the gap. I'd love to hear what everyone thinks and I'm happy to learn where I'm wrong. I almost have to be wrong somewhere.

I believe he’s talking about total package, a majority of which is NIL money, not revenue sharing. Basketball is not getting that much revenue sharing at any university with power football.

 

[Someguywhodoesntlikeyou]

Some have argued that best conference to take advantage of all this is the Big East. No Football + prime media markets as leverage

 

[Edgarman]

He claimed 12-13 million would be required and there's only 20.5 million to go around.
If my understanding is correct it certainly doesn't leave much for football and all the other sports.

I'm not sure I understand exactly how this is going to work but it seems like basketball schools and football schools will have to back off the other revenue sport.

That would basically end Bama, Auburn, Texas and so on, in basketball. The opposite would be true for UK, UNC, Duke.

I realize NIL will still be used but I'm not sure it can consistently bridge the gap. I'd love to hear what everyone thinks and I'm happy to learn where I'm wrong. I almost have to be wrong somewhere.

It will not impact any team in SEC based on money. FL, Bama, Auburn, TX, aTm, and TN will easily raise whatever amount they need to be competitive.

 

[JwUKFan11]

Goodmans numbers are pre rev share numbers. Meaning it isn't taking into account the lawsuit coming up that will likely change the market value for these players.

 

[HeismaNole]

NIL and the portal has/will make college basketball a complete toss up among the power conferences. Total uncertainty now. You can’t just live off of reputation and the past anymore.

 

[Docpath1972]

This revenue sharing does not include NIL. There is supposed to be coupled with some NIL reform to limit or forbid collectives. Whether this could be policed is by no means certain.

 

[KA4Prez]

Kentucky will still put more into football than basketball, just given the landscape of both sports. It doesn't mean they can't put a little more into basketball than the other SEC schools, which they probably should.

 

[UKBB4Ever]

This revenue sharing does not include NIL. There is supposed to be coupled with some NIL reform to limit or forbid collectives. Whether this could be policed is by no means certain.

You are correct. The revenue sharing he’s talking about is the monies paid to the school thru TV contracts, ticket sales, con sessions, etc.

Nothing to do with NIL monies.

 

[cats#1again]

To be honest.... I'm so over hearing about NIL and revenue sharing. I'm to the point where it's whatever happens, happens. As long as we get a good roster in basketball I'm happy. We've always been below avg in football so why fret over it

 

[Kerry Kat]

Just like MLB where there’s no salary cap and a handful of teams stack the deck. This will destroy collegiate sports

Estimated cap: The estimated annual cap for schools is around $20.5 million, but this number could increase over time.

 

[ArtLaibsGhost]

Since football generates more revenue ,even at UK, its going to get the majority of the share money. I fail to see how this will make much of a difference on the NIL side however. People keep talking about limits and caps, but my question is who will enforce them and how. The NCAA will be mired in litigation for years. The real question has become, once you admitted that players have the right to receive money, how do you place a limit on it without getting sued into the next century. Pro sports get away with it because they forged agreement s with unionized players organizations. That doesn't exist in college sports, ( yet). I'm glad I don't have to sort this out its a damned mess.

 

[canebreak]

I am looking to the day it all implodes. Then intelligent leaders either rebuild it using common sense, or it just dies on the vine.

UT telling that QB to take a hike is a really good start.

 

[bigblueinsanity]

Remains to be seen if mitch will allow sport specific revenue sharing, or if the field hockey team will get their cut of sec network revenue generated completely by football and basketball.

If they do, uk will be at a severe disadvantage.

Before anyone claims its unfair, these bon revenue sports have every opportunity to draw viewers or attendance, they just dont. They should absolutely get what they deserve, whatever that might be.

 

[H00SIER-Cat]

Since football generates more revenue ,even at UK, its going to get the majority of the share money. I fail to see how this will make much of a difference on the NIL side however. People keep talking about limits and caps, but my question is who will enforce them and how. The NCAA will be mired in litigation for years. The real question has become, once you admitted that players have the right to receive money, how do you place a limit on it without getting sued into the next century. Pro sports get away with it because they forged agreement s with unionized players organizations. That doesn't exist in college sports, ( yet). I'm glad I don't have to sort this out its a damned mess.

the difference between NCAA and pro sports:

Billionaire owners aren’t uniformly available to enforce honor amongst thieves in this unregulated environment.

(not my quote, stolen from another school's football board)

 

[3632]

This revenue sharing does not include NIL. There is supposed to be coupled with some NIL reform to limit or forbid collectives. Whether this could be policed is by no means certain.

The idea is that each school gets the rev share then any NIL deal has to go through a clearinghouse to get legitimacy so that the deals of collectives fundraising and essentially just paying a kid a ton of NIL only to show up and do handshakes somewhere a time or two goes bye bye. Again, until this thing is finalized and we see how it’s run nobody knows but only NIL intended to remain is the type of stuff it was originally supposed to be…like a car dealership using a player to endorse and ads and things like that.

 

[3632]

Since football generates more revenue ,even at UK, its going to get the majority of the share money. I fail to see how this will make much of a difference on the NIL side however. People keep talking about limits and caps, but my question is who will enforce them and how. The NCAA will be mired in litigation for years. The real question has become, once you admitted that players have the right to receive money, how do you place a limit on it without getting sued into the next century. Pro sports get away with it because they forged agreement s with unionized players organizations. That doesn't exist in college sports, ( yet). I'm glad I don't have to sort this out its a damned mess.

It’s a mess and how it gets put together may only operate marginally better than it does now. Guess we will see. But the rev share cap is what is capped. NIL isn’t capped per se but it is supposed to be required to be legitimate now and go through an organization to clear and regulate the contracts. No more ‘here is collective money to play’. People will always find ways around things but should at least resemble the limited version of chaos that go back to the days of when players were paid under the table. Yeah it happened but you had to jump through hoops to hide it so it limited some of the chaos.

 

[Hank Camacho]

If it makes Nate Oats mad, it is probably going to make me happy. Can't stand that guy.

 

[SemperFiCat]

My biggest gripe about this NIL is the unknowns. Nobody, and I mean nobody, seems to know (or in my suspicions be allowed to know) how all this works. How money changes hands, under what label of payments, under what regulations, details about revenue sharing etc. Nobody knows a thing. The NCAA seemingly is too hesitant to set strong guidelines and transparency on this crap. It means, they don't know themselves, or they don't want to be transparent about it yet. This crap will probably get pretty messy and come to a boiling point sooner or later.