mthoopsfan
Well-known member
From The Athletic: [Article should be unlocked]
"Want your men’s college basketball team to contend next year? It might take $10 million
More teams are spending more money this offseason, with the average high-major roster likely costing eight figures."
"The consensus is that the average roster at that level next season will be in the $10 million to $12 million range, with one general manager estimating that most schools have added at least $2 million to their expected roster cost compared to last season. Another, who said his school was at $5 million last year, said his program will almost double that this year.
The GM ballparked the price of the current market:
• Borderline starter? “An agent will start at $1.5 million.”
• A definite starter, but not all-conference? “$2.5 million.”
• A player projected to be all-conference? “$3 million and above.”
• A player projected to be an NBA Draft pick? “$3 million floor. Basically, it’s 30 percent of your budget. So if you’ve got $12 million, that guy is likely up to $4 million.”
According to data he published on Tuesday, the NIL market for Division I players is up 65 percent from last year, with a 73 percent increase for players on power-conference teams.
The anecdotal data support Miyakawa’s findings. Former Kansas center Flory Bidunga, the top-ranked player in The Athletic’s portal rankings, committed to Louisville this weekend, and the number floating around for his price tag was $5 million.
Last July, when The Athletic polled 35 coaches, the average estimate to build a roster in the SEC was $9.7 million, and the other four high-major leagues were in the $8 million range.
“Last year you could get away with murder,” the high-major assistant said. “Truthfully, getting the money isn’t nearly as hard as, for lack of a better term, as laundering the money, cleaning the money.”
What’s actually happening, coaches and GMs say, is that most players are going to the highest bidder, and most programs are operating under a premise of “we’ll figure it out later” on how they’ll actually get to that number.
Among the 23 transfers ranked in our top 50 who have signed thus far, six have gone to the Big Ten, five to the SEC and ACC, and four to the Big 12. The Big East has just three signings.
https://www.nytimes.com/athletic/71...er_shared_gift_article_email&smid=em-share-ta
"Want your men’s college basketball team to contend next year? It might take $10 million
More teams are spending more money this offseason, with the average high-major roster likely costing eight figures."
"The consensus is that the average roster at that level next season will be in the $10 million to $12 million range, with one general manager estimating that most schools have added at least $2 million to their expected roster cost compared to last season. Another, who said his school was at $5 million last year, said his program will almost double that this year.
The GM ballparked the price of the current market:
• Borderline starter? “An agent will start at $1.5 million.”
• A definite starter, but not all-conference? “$2.5 million.”
• A player projected to be all-conference? “$3 million and above.”
• A player projected to be an NBA Draft pick? “$3 million floor. Basically, it’s 30 percent of your budget. So if you’ve got $12 million, that guy is likely up to $4 million.”
According to data he published on Tuesday, the NIL market for Division I players is up 65 percent from last year, with a 73 percent increase for players on power-conference teams.
The anecdotal data support Miyakawa’s findings. Former Kansas center Flory Bidunga, the top-ranked player in The Athletic’s portal rankings, committed to Louisville this weekend, and the number floating around for his price tag was $5 million.
Last July, when The Athletic polled 35 coaches, the average estimate to build a roster in the SEC was $9.7 million, and the other four high-major leagues were in the $8 million range.
“Last year you could get away with murder,” the high-major assistant said. “Truthfully, getting the money isn’t nearly as hard as, for lack of a better term, as laundering the money, cleaning the money.”
What’s actually happening, coaches and GMs say, is that most players are going to the highest bidder, and most programs are operating under a premise of “we’ll figure it out later” on how they’ll actually get to that number.
Among the 23 transfers ranked in our top 50 who have signed thus far, six have gone to the Big Ten, five to the SEC and ACC, and four to the Big 12. The Big East has just three signings.
https://www.nytimes.com/athletic/71...er_shared_gift_article_email&smid=em-share-ta
