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Post by skeller6 on May 24, 2024 16:36:41 GMT -5
Here is the cheat/cheat on the NCAA settlement:
- $2.8 B in total settlement costs
- Each Power 5 school required to pay salaries of $21M per year to athletes
- Cost per school over ten years in settlement and salaries $300 M
No mid major school could ever afford to run in that game.....its all a setup for Venture/Vulture Capital speculation......
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Post by dadster81 on May 24, 2024 17:06:08 GMT -5
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Post by ceharv on May 24, 2024 17:28:01 GMT -5
Bigcat you are correct of course, you did not say all. I think I read in an inference that just wasn’t there. Sorry about that. Maybe I am already too cynical, but I think many/most of these kids have already been playing with a financial motivation for decades - the idea/dream of playing pro ball somewhere. Now they’re just being permitted to share in the income their play produces on a more timely basis. And the Power conferences have already dominated for decades. It’s part of what makes the occasional upset and mid major tournament run so much fun. Kentucky, Michigan State, etc., won’t be spending billions in any given year to gobble up all the decent players as long as the number of scholarships they can give is limited. Now if that cap comes off, then the game as we know it is at risk. But I just don’t see that happening anytime soon. I really think Bonas will be able to draw the same kind of players we’ve been drawing and playing the Bigs as tough as ever on the rare occasions when we get the chance. And yeah, we’ll still have trouble getting them on the sched at all, let alone to come into the RC. Bottom line, I think the game will basically remain the same and most fans will continue to remain engaged and stay tuned in. That’s not the popular belief I know, but I think in the next few years we’ll look back and see that things haven’t really changed all that much.
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Post by geneseo on May 24, 2024 19:03:57 GMT -5
I remember driving to St. joes, LaSalle, Temple, Fordham, Binghamton, and Cornell to follow the Bonnies. I really enjoyed it. Saw so many people. But as I have recently posted that the last 2 minutes of games has gone into endless stoppages of play, the games have become tedious. Now with the demise of the student athlete concept ending, it will be much less interesting for me. After so many seasons of Bonnie's basketball and college sports in general, I plan this to be my last season. Should we honor Maplehurst during senior night this year? Can we get some NIL money for him? This board rarely disappoints in weird comments.
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Post by geneseo on May 24, 2024 19:06:10 GMT -5
Sadly things change. Sports are more money driven…….basketball is still a good game but it is more pleasurable at the high school level…especially if you get to watch a neighbor,relative, or other player you have some relationship with.. Find. Interest in the game and players,not the hype. Maybe post on the Allegany-Limestone high school board? Good Lord! Come on people. The deck has always been stacked against schools like SBU. Whining and giving up is not really what I think Bona basketball is all about.
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Post by joe48 on May 24, 2024 19:07:33 GMT -5
Ceharv, I don’t share your optimism. Collegiate sports will never be the same. I don’t have a crystal ball and there a lot of moving parts but the mid-majors need to have a plan moving forward that does not include the large schools. It will be difficult to keep fan interest in the current environment.
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Post by efsboca on May 24, 2024 20:38:25 GMT -5
Ceharv, I don’t share your optimism. Collegiate sports will never be the same. I don’t have a crystal ball and there a lot of moving parts but the mid-majors need to have a plan moving forward that does not include the large schools. It will be difficult to keep fan interest in the current environment. The mid majors and smaller schools will create a new football and basketball leagues, will get the TV contracts they have now, and will partipate in a new March Madness while the P5 have their own. Only one will be professional and one will be more amateur.
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Post by skeller6 on May 25, 2024 9:16:30 GMT -5
Division 1 athletics for the mid majors is now DOA.
Its time to move on and plan for the future.................a new day is dawning for mid major athletes, one that will be far more amateur than the Power 5 corrupt elites.
Lets just reconcile to these facts. The amateur rules that have existed in college sports since 1906 officially ended yesterday (even though they have been greatly weakened in the last ten years).
Bonas with others mid major schools and conferences needs to craft a new dynamic for the future, with its own rules and tournaments and revenues.
Move on and quickly too............not one penny of my money will go to the NIL or players salaries.......not one penny.......
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Post by Dunga on May 25, 2024 12:01:45 GMT -5
The 21 million cap might put football schools at a huge disadvantage for basketball. Basketball conferences that have huge media deals will be able to afford the best players and compete with the P5s. This should include the Big East and much of the Atlantic 10. What percentage of Alabama's cap will go to basketball? Maybe 5-10%? 1 or 2 million?
Non P5 football conferences like the MAC will not be able to field competitive programs (they struggle now as it is).
There will be winners and losers.
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Post by Chuck on May 25, 2024 12:43:14 GMT -5
John Arnold's post on Unfurl "Rutgers lost $54 million in college sports last year. UConn lost $30 mil. UCF and Houston lost $40 mil. Athletics is a money pit for all but a couple dozen schools, with the median losing $16 mil/year. The settlement with college athletes adds another $20 mil expense. Growing TV money will not solve the problem; expenses always climb faster than revenues." twitter.com/SBUnfurled?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor...................................................................................... The statement "athletics is a money pit" has always been true for extreme number of schools (including Bona). Sports are essential in recruiting students and this will not change. The above comments from John Arnold can NOT continue. Have to believe there will be a period of adjustment among D1 universities. Dunga provides a hopeful scenario "the 21 million cap will put football schools at a huge disadvantage. Basketball conferences that have huge media deals will be able to afford the best players and compete with the P5s. This should include the Big East and much of the Atlantic 10." Probably next to impossible to predict the future. I'm confident the "Titanic iceberg" will be avoided.
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Post by dadster81 on May 28, 2024 9:06:18 GMT -5
The 21 million cap might put football schools at a huge disadvantage for basketball. Basketball conferences that have huge media deals will be able to afford the best players and compete with the P5s. This should include the Big East and much of the Atlantic 10. What percentage of Alabama's cap will go to basketball? Maybe 5-10%? 1 or 2 million? Non P5 football conferences like the MAC will not be able to field competitive programs (they struggle now as it is). There will be winners and losers. I doubt the $21M cap will be a disadvantage for larger schools. Remember the $21M is only the $ coming from the School. NIL $ is not limited by this decision, and is still a bottomless (for some athletes) pit. So say a school really wants a player, and is butting up against their "cap". A friendly sponsor will just give NIL $ to sweeten the deal.
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Post by dadster81 on Jun 1, 2024 9:44:51 GMT -5
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Post by dadster81 on Jun 1, 2024 9:46:40 GMT -5
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Post by joe48 on Jun 9, 2024 14:28:26 GMT -5
I was speaking with a former Hofstra player who is well connected to Jay Wright. He mentioned that the top teams spent on average about $5M for player salaries last year. He said all it takes is a couple of wealthy alumni to pay the players. This is the reality of college basketball today. I mentioned the challenges for smaller schools and he said the NIL is here to stay. Something will have to change for smaller schools or else sports programs will be dropped.
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Post by dadster81 on Jul 9, 2024 7:18:20 GMT -5
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