NCAA, power conferences agree to allow schools to pay players

[behappp]

I'm assuming most highly rated recruits go to power conferences. Yet, the split suggests the opposite. So, does this mean regardless if a school had a high ranking recruit they still have to pay for the fame of the big boys? Like already struggling EWU having to pay for Alabama's stars?

Power 5 conferences are responsible for $132.8 million per conference.
Non power 5 conferences are responsible for $36.67 million per conference.

It's big $ for any and all of them. I'm pretty sure this will accelerate the spliting away of the Power 5 from everyone else. The Pac-12 obviously could see the handwriting on the wall and knew their West Coast biased TV Contract couldn't compete. It will be interesting to see where Oregon St and Wazzu land.

Money has killed amateur sports. Chicago Black Sox on down the line. Where does one turn to get money OUT OF SPORTS? NCAA is as flat assed courrpt as Congress, and politicians in general. That slippery slope, once started on, has only one ending. Glad I won't be around long enough to see it.

So true
Money in politics was like a war with conventional weapons. Then the Supreme Court decided that Corporations were persons and had a right to free speech (although you can't incarcerate a Corporation). Citizens United launched us into the Nuclear Age of big money weaponry.

 

[mthoopsfan]

Under the approved framework, the NCAA will fund 41% of the damages ($1.1 billion) while the schools will fund 59% ($1.65 billion) over the 10-year payback period. At issue is the schools’ portion. The power conferences will pay about $664 million in contributions to the damages. The other 27 non-power conferences will pay $990 million — a split that has angered those from non-power leagues.

It should anger the other conferences, because most of the payout will be going to former players of the power conferences. As I have said before, I think state legislatures will get involved and there will be litigation. When the ncaa withholds distributions to conferences to pay for the settlement, the conferences and perhaps states will sue.

I'm assuming most highly rated recruits go to power conferences. Yet, the split suggests the opposite. So, does this mean regardless if a school had a high ranking recruit they still have to pay for the fame of the big boys? Like already struggling EWU having to pay for Alabama's stars?

Yes, you are correct. Totally unfair. Ridiculous.

 

[garizzalies]

Maybe it's time to do away with "free" tuition and award college athletes with a base salary equal to the cost of credits for a bachelor's degree.

Not sure that would work as Uncle Sam gets a piece of any income. It would be a net negative to the student-athlete in lieu of breaking even with a full ride because s/he would have to pay taxes on the salary which would put them in the hole.

 

[CDAGRIZ]

Money has killed amateur sports. Chicago Black Sox on down the line. Where does one turn to get money OUT OF SPORTS? NCAA is as flat assed courrpt as Congress, and politicians in general. That slippery slope, once started on, has only one ending. Glad I won't be around long enough to see it.

All you have to do to get money out of sports is stop watching/attending/following/caring. If everyone did that, the money would dry up really quickly. We could go back to the good old days of playing grab-ass in the quad between philosophy lectures for the love of the game.

 

[Hoops watcher]

It should anger the other conferences, because most of the payout will be going to former players of the power conferences. As I have said before, I think state legislatures will get involved and there will be litigation. When the ncaa withholds distributions to conferences to pay for the settlement, the conferences and perhaps states will sue.

Yes, you are correct. Totally unfair. Ridiculous.

So using back of the napkin calculation those 27 (assuming basketball as the conferences referred to) are on the hook for a bit less than 40 million over 10 years or roughly 4 per annum. How many minor conferences like the Big Sky have that kind of coin in their wildest dreams? How many state legislatures will pony up? I'm guessing not many. Does anyone know what the conference budget and yearly revenue is? The implosion is nigh.

 

[mthoopsfan]

Why doesn’t each conference-school just pay for what their former athletes get? It’s fair and can be determined.

 

[mthoopsfan]

How much will Toure get? Was he worth any NIL before his junior year? Wasn’t he worth more his senior year? Was there any NIL-type money or demand at UM? Free tatoos?

The top conferences should pay for all of the settlement. The big sky can’t even afford cost of living stipends now.

 

[RABIDAWG]

Ticket prices will have to go up big time. The good news is that Friday night high school and Saturday NAIA, Div II, and Div III college football is still pure enough to be affordable and enjoy. Will FCS conferences even have a talent level to support?

 

[Da Boyz Mom]

Why doesn’t each conference-school just pay for what their former athletes get? It’s fair and can be determined.

This settlement is especially punitive to the smaller/lower tier conferences. Once again the big boys get what amounts to a slap on the wrist, financially speaking, while the little schools pay dearly. Surely someone somewhere could come up with a better solution than the way things stand now.

 

[griz4life]

Not sure that would work as Uncle Sam gets a piece of any income. It would be a net negative to the student-athlete in lieu of breaking even with a full ride because s/he would have to pay taxes on the salary which would put them in the hole.

Absolutely there are income taxes to be paid. College athletics as we know it has operated a bit like a nanny state. That relationship can't be monetized without taxes being involved.

Will that be individual income tax? I guess that depends on whether this hypothetical athlete is a businessman or a Business, man.

I don't think the IRS and state DORs are going to stop at NIL revenue.

I paid taxes on my income while attending college. It wasn't a deal breaker.

 

[thirdandlong]

Face the facts. It is a new ballgame for college sports. And Montana can't compete in that money-grab scenario. So, we will dumb-down our expectations, and be ecstatic when we get 3 more home playoff teams who we used to beat 40-7, and progress to a NC game which no one care about.

 

[SaskGriz]

Face the facts. It is a new ballgame for college sports. And Montana can't compete in that money-grab scenario. So, we will dumb-down our expectations, and be ecstatic when we get 3 more home playoff teams who we used to beat 40-7, and progress to a NC game which no one care about.

So we can't compete or we bought three home games? And we were lucky to win those? Or the other team had a better: o-line, qb, and didn't play 3-3-5 but those are not factors? I pray that they have graduating licenses for the elder in Montana.

 

[thirdandlong]

So we can't compete or we bought three home games? And we were lucky to win those? Or the other team had a better: o-line, qb, and didn't play 3-3-5 but those are not factors? I pray that they have graduating licenses for the elder in Montana.

Why do you insist on continuing to make a fool of yourself? You must be of the persuasion "thank you sir, may I have another'? Give it a rest, dude!

 

[thirdandlong]

This settlement is especially punitive to the smaller/lower tier conferences. Once again the big boys get what amounts to a slap on the wrist, financially speaking, while the little schools pay dearly. Surely someone somewhere could come up with a better solution than the way things stand now.

The power conferences control the money flow

 

[SaskGriz]

Why do you insist on continuing to make a fool of yourself? You must be of the persuasion "thank you sir, may I have another'? Give it a rest, dude!

So you think we could compete? If we had a better head coach, better defensive scheme, better o line and better recruiting? But we also finished second in the Nation? So what would have got us over the hump?

 

[thirdandlong]

So you think we could compete? If we had a better head coach, better defensive scheme, better o line and better recruiting? But we also finished second in the Nation? So what would have got us over the hump?

I'll humor you, since you are trying so hard to talk football. Yes, we COULD, and we SHOULD be able to mirror the success of both NDSU and SDSU, if not exceed their success. What advantages do either of them have over us??? Fargo? Brookings? We have much better facilities, a much superior game-day experience, a much bigger fan base, and a much more attractive city to play in. Yet, Bobby can't seem to get it done. So, YES, if we had a better coach, and he could recruit better, I think we would be a DOMINANT FCS team almost every season, instead of praying that we can somehow secure 3 home playoffs games and cruise into the NC game, only to get destroyed once again!

 

[uofmman1122]

I'll humor you, since you are trying so hard to talk football. Yes, we COULD, and we SHOULD be able to mirror the success of both NDSU and SDSU, if not exceed their success. What advantages do either of them have over us??? Fargo? Brookings? We have much better facilities, a much superior game-day experience, a much bigger fan base, and a much more attractive city to play in. Yet, Bobby can't seem to get it done. So, YES, if we had a better coach, and he could recruit better, I think we would be a DOMINANT FCS team almost every season, instead of praying that we can somehow secure 3 home playoffs games and cruise into the NC game, only to get destroyed once again!

It's funny, you used to include MSU in these dumb comparisons, but now that we've crushed them, suddenly we shouldn't be emulating what they've been doing for the last 5 years? What changed?

We just beat NDSU by following their formula:
Get a high playoff seed so we can have all our playoff games at home and rush the ball with a great defense.

You suck on NDSU(a team we just beat)'s nuts, while slamming our staff for losing to NFL talent-laden SDSU. When's the last time NDSU beat the bunnies? Would it shock you to learn they haven't beaten them since 2019?

 

[SaskGriz]

I'll humor you, since you are trying so hard to talk football. Yes, we COULD, and we SHOULD be able to mirror the success of both NDSU and SDSU, if not exceed their success. What advantages do either of them have over us??? Fargo? Brookings? We have much better facilities, a much superior game-day experience, a much bigger fan base, and a much more attractive city to play in. Yet, Bobby can't seem to get it done. So, YES, if we had a better coach, and he could recruit better, I think we would be a DOMINANT FCS team almost every season, instead of praying that we can somehow secure 3 home playoffs games and cruise into the NC game, only to get destroyed once again!

So you will be bitter and unhappy until we win 8 in 11 years like NDSU? And if we do then your bitch will be we should have moved up because those 8 National Titles came against lousy opposition since "all the good teams moved up"?

U Conn men's basketball sucks because they aren't Coach Wooden's UCLA, South Carolina women's basketball sucks because they aren't U Conn women's.

Maybe it's time for a new hobby?

 

[garizzalies]

Absolutely there are income taxes to be paid. College athletics as we know it has operated a bit like a nanny state. That relationship can't be monetized without taxes being involved.

Will that be individual income tax? I guess that depends on whether this hypothetical athlete is a businessman or a Business, man.

I don't think the IRS and state DORs are going to stop at NIL revenue.

I paid taxes on my income while attending college. It wasn't a deal breaker.

I believe scholarships are exempt, so what you are suggesting—converting nontaxable scholarships to taxable income—would be a major blow to the students who should not take the hit. It’s literally passing the buck. Well maybe not literally

 

[mthoopsfan]

I believe scholarships are exempt, so what you are suggesting—converting nontaxable scholarships to taxable income—would be a major blow to the students who should not take the hit. It’s literally passing the buck. Well maybe not literally

If the top level of FBS is going to pay players, and the college sports of football and basketball will be essentially professional and not amateur, won't the scholarships also be essentially part of the compensation? Why should the scholarships then be tax free? Why should the rest of us have to pay more in taxes to subsidize the top FBS players? I'm all for college scholarships, whether academic, athletic or otherwise, not be taxable, but there's an argument that what the top of FBS is doing should convert the athletic scholarships into taxable compensation.

I assume the schools, ncaa and tax lawyers have throughly analyzed this, but this new move takes the taxable arms of non-profit schools closer to upsetting the tax exempt status of schools. Generally, it's okay for a non-profit to have a limited amount of income from a profitable arm.