I would say it is possible. I am old enough to remember when boxing and horse racing were huge national sports. Even Major League Baseball has dropped off in popularity to some degree mainly because of competitive imbalance.
My point in these discussions is pretty simple. Combining the rankings of high school recruits and transfers, we are, if anything, better off since NIL, and any suggestion of a collapse because of Mitch (or any other cause) is foolish.
The guy is not a UK graduate, just a good old boy who started a Pallet business and sold it to a International Company. His role as a booster was to get seats behind press table.
You mentioned two industries whose decline in popularity coincided with significant rise in the competition's popularity. Boxing's decline coincided with a rise in UFC/MMA. I was a regular consumer of boxing pay per views and switched to UFC not too long after Tyson imploded. Horse racing was huge mainly because of the gambling component and as gambling/sports books/casinos have been legalized nationwide, track attendance and betting profits have diminished. College football has no direct competitor and I would bet big money there is no significant loss of fans/viewers over the next 5 years. now 20+ years from now, I would say they have a different issue and that is that kids now don't love watching sports on TV nearly as much as we do. I've watched every televised FSU game since I was old enough to sit up and the same for UK since we moved to Lexington in the early 80's. My son loves to go to UK football games in person, but I can't get him to finish the 1st quarter on TV before he gets on the computer to play games with his friends. Maybe that will change when he goes to college, but I was already a die hard college football fan before I went to Jr High.
Totally agree that we are a net positive in NIL, but it's not hard to imagine that would could have done significantly better if Mitch had been 100% on board from the get go. I also recognize his reasons for being conservative with the risk management, so am certainly not blasting him. Given the way the courts are leaning, I am going to be critical of him if he doesn't get more vocal about promoting NIL as an essential element of our team's success.
Then it makes sense that he's getting tired of the requests. He already got what he wanted, so the incentive has passed.
It's a fair point. It's not a final ruling, so my comments would be better suited for that eventuality. I'm not a lawyer, but there seems to have been a relatively clear signal from the various judicial regimes, as ot where this is headed. While there is not zero risk, maybe there's room to loosen his stance?
I believe he has to pony up each year to keep his seats. I do not know for sure I think my son told me his contribution requirement is 100k plus cost of seats.
My opinion is football and power 5 hoops will be getting 99% of the nil dough and at some time in the near future all other sports will be club teams with zero scholarships . This is going to destroy college sports as we know it jmo.
.Can't legally happen if university receives any government funding. Football would have to be semi pro or some other name. TitleIX prevents that from happening.
Sort of... 10 of the top 15 are in the SE that would actually care enough about sports to do this at a big scale. SoCal would seemingly have enough money to buy any player but they will blow tons of money on a few stars and not have the fan base to attract a full roster. Most mega wealthy people don't care about college sports so you need tons of people who can pony up $1000 or so.
the ncaa would have to pay each athlete the same but nil isn't in anyway part of Title 9.... But I do think football and BBall break from the ncaa because of the money. Hard to justify the top 40 teams bringing in 75% of the money and the bottom 70 teams only bring in 25%.
I see the same thing with my almost 20 year-old. He’s a fan, if fact, I’d say he’s a big fan. But it’s just different than it was with us. Their attention spans are shorter for sure. Plus, it looks like this younger generation on the whole is going to have a lot less disposable income than we had.
Imo baseball was more popular and a better product when the Yankees were the evil empire. The problem with baseball has been starting its meaningful games after bedtime for 2 generations and failing to market stars. Most people couldn’t pick 3 mlb all stars out of a crowd. Imagine saying that in 1998.
The money making programs have been sharing the revenue, it’s called title ix.
He's a bigger fan than I am. I'll pony up for football, and I rented SEC basketball tourney suites for 5-6 years, but I just don't enjoy watching games in Rupp except for 1 or maybe 2 games a year.
You're last point is more important than most realize. I bought my son whole life insurance and opened an investment account for him when he was a few months old and will leave him an income producing portfolio when we pass. The new normal is upon us.
You don’t know who we possibly could have gotten if he had his ducks in a row. That’s my response to that. It would likely be closer to the talent level of others in the SEC tho. Instead of being one of the few programs in this league, that takes more 3 stars than blue chips. Great, dynamic individuals don’t concern themselves with rule following. It’s all about bending to the rules to your benefit.
Capitalism when done correctly is good. Jesus only slammed it when it was abusive to the poor or in the Temple. He lived among the marketplace folks and participated in private enterprise Himself.
Jesus? If the accounts of when he existed are accurate, it would have been 1700-1800 years before Capitalism began. I agree that greed is bad, so it's curious why the party that claims to love Jesus so much blocks any attempts to suppress the greedy powers of our economic structure. I'm a financial insider and wish we had more regulation to protect the little guy, but our system was built, is grown by, protected by and benefits mostly the greediest among us.
I lean conservative, but I’m a strong believer in stakeholder theory. I oppose exorbitant CEO bonuses especially when business isn’t that well. If anything from an optics level. If there’s greed I want to see it exposed and addressed.
That's not exactly a good description of capitalism.
It is a temporary injunction while the discovery phase continues. Common in trials.
I respect that. I work in finance and before was C level Executive Search Consultant in Asia and it makes me sick the income/bonuses that C-level folks get without regard for long term implications. I believe a significant portion C-level merit compensation should be held in trust during a claw back period to make sure the short term moves weren't designed to maximize bonus pay only to cause damage down the road. In Japan, they have a stakeholder philosophy where CEOs avg 30-40x worker salary and if they have a long run of great management/stewardship, then they are rewarded with enormous retirement gifts and a six figure pension.
Try working on Wall St. We have a system that rewards production and growth and incentivizes it to a point that causes individuals to set aside their morals in the pursuit of wealth. I'll give you an example. My brother sells medical devices and he used to work for Medtronic a long time ago. He was making $400-$600k, with a base salary of under $100k, a year selling something that cost $10-$20k per surgery. He had like a three state territory. So I'm living in Japan and I meet the sales guy who sells the exact same product and his territory is Tokyo, so roughly 40mm people. His salary is just under $100k, he gets very little merit compensation, and he has access to several end of year bonuses that are based on the profitability of his team, division and entire company which put his max comp at around $120k+. I told him what my brother was making and he said he gets paid about the same as the Japanese CEO. As a sales person, my brother is only incentivized to max out his bonus. The Japanese guy is incentivized to make sure the company if profitable. In the US All the sales people get the hospital HR folks to order extra at the end of the year to help the sales people they like reach bonus milestones, then Jan 1 the rat race starts up again. This is the reason medical costs are sky high here when I paid 75% less in Japan, never needed an appointment and could see a Dr, then prescribed an MRI and go back to the DR to discuss the MRI all in a few hours and spend less than $0 including prescriptions. A may not be a good description of the capitalism we want, but hard to argue that its not the one we have.
Agreed. I just think Football and Bball will go outside the ncaa model. That gets them outside title 9. They will basically be semi pro teams with just the University name on the jersey.
Which they’ve been for a while now! Our administration is just stuck on the way things used to be instead of looking ahead to what’s coming. Likely bc you have so many nearing retirement over there that just need to go ahead and do it. (President, AD, basketball coach) They’ve all got one foot out the door anyways and feel no need or desire to adapt and change for the betterment of the fans. The fans something those 3 care zero about.
