This is not at all about OU and Texas. This is about the SEC aligning the powers that be to rid ourselves of the NCAA. If so, I applaud Sankey and SEC leadership for taking the the power of our conference and use it to get things accomplished.
Printable View
This is not at all about OU and Texas. This is about the SEC aligning the powers that be to rid ourselves of the NCAA. If so, I applaud Sankey and SEC leadership for taking the the power of our conference and use it to get things accomplished.
Why would OU and Texas want to leave their conference and join forces with the sec for the purpose of leaving the ncaa?
I briefly studied the SEC financials today. Trying to find what it cost to be a member of the ncaa. I found it cost nothing. As a matter of fact, the ncaa sends the conferences money.
Or... do the networks pay a portion of the tv contract to the ncaa and a portion to conferences? Which I can see each school wanting to cut out the ncaa if that were the case.
Meh, the NCAA is a lame duck anyway. This may be an attempt to expedite that but make no mistake the NCAA is dying on the vine and they know it.Quote:
Originally Posted by Cowbell
Why would blue bloods want to get rid of the ncaa?
Sure the enforcement is inconsistent and selective of low hanging fruit. But the ncaa is hands off the blue bloods to a swift boot to the face of the little guys that rise up. Sounds like a perfect arraignment for OU and Texas to me.
This is about tv money.
You didn't look at NCAA REVENUE! 2019, last full year before COVID, NCAA made almost a billion dollars from tv rights alone ($867.5 M), they raked in $177.9 million from championships (mostly FB & BB)!Quote:
Originally Posted by Maroonthirteen
Total revenue for 2019 in millions was ...
2019 867.53 177.87 14.57 55.4 3.13
SEC gets most $$ from their tv contract BUT NCAA gets plenty for doing NOTHING. That they share some crumbs with conferences and participants is a major reason they should die!
I believe most of that is basketball tournament(s) and other sports post season tournaments and bowl games. Looking at ncaa revenue I don't see where they get any of the money that is generated by the conference's tv contracts. I'm looking but I can't find it. I believe the conferences keeps all the money from tv.
If ESPN owns all the small bowl games, how does the NCAA get money from those?
The host gets a cut, the teams gets a cut, ESPN gets revenue from sponsors and advertisers. What is the NCAA cut?
I think the NCAA gets ticket sells for post season.... But I'm not certain how much that really amounts to.
The NCAA makes almost a billion dollars a year, as someone else noted. That money is mostly generated by blue bloods, but the NCAA uses it for the benefit of everyone. So the blue bloods have an incentive to exclude the G5 (and bottom dwelling P5) and do their own thing and keep all the money.Quote:
Originally Posted by Maroonthirteen
Now, as the the TX and OU to the SEC thing, the most powerful conference will have the most say in what the new system looks like. They don't want t I be left out in the cold as the SEC makes a system that benefits the SEC. They also don't want schools that don't care much about athletics to hold their voting power back, and the SEC as a whole will naturally agree more with the athletic mindedness of those 2 schools more than B12 teams do.
Will that ncaa collapse happen? I don't know, but they're going to rake in the money even if it doesn't so they probably don't care much
Most NCAA $$ comes from billion dollar contract with CBS and TNT for BB. BUT that's MEDIA $$ that should go directly to schools.Quote:
Originally Posted by Maroonthirteen
"The NCAA made a huge milestone in 2017 after earning $1.06 billion in revenue for the first time in its existence. More than two-thirds of the money ($761 million) came from men’s college basketball
tournaments. That figure would later rise to over $869 in the 2017/18 season.
In the 2016/17 season, the NCAA also made $60 million through marketing endorsements and nearly $130 million from tickets."
I thought the NCAA was a non profit organization run by school Presidents from around the country that was created to protect college athletes. How in the hell does it make a billion dollars? There's just something fundamentally wrong with that.
The made (revenue) a billion dollars but redistributed (expense) almost all of it to D1, D2 and D3 schools.Quote:
Originally Posted by Jack Lambert
In 2018, they top 1billion but all they kept was $25million
https://ncaaorg.s3.amazonaws.com/nca...lStatement.pdf
My point, at the end of the day....the ncaa is needed to make rules and keep the order. Also, while they earn a lot of revenue, they distribute it to the conferences and small schools. Breaking away from the NCAA is akin to "defund the police."
Agreed. The big boys have no fear of the NCAA cause even if they were hammered (not going to happen) but even if they were, they would emerge 2 years later without skipping a beat. See OSU and the tattoo gate stuff. If anything, the NCAA ensures that no other challengers make a move to compete with BAMA, Clemson, and OSU.Quote:
Originally Posted by Maroonthirteen
Texas and Oklahoma understand that they will not win a national championship under their current arrangement. SEC schools dominate recruiting and they are seeing aTm taking recruits they wanted due to them saying a simple 3 letters to recruits, SEC.
On top of that, UTx and OU are losing out every single day in their conference. Money, money, money. This is a win win for OU/TX and SEC. Two huge fanbases, two huge football markets, with two of the top 10 best football schools in the nation. They will directly add to the bottom line for the SEC, even with splitting it two more teams.
Breaking away from the NCAA is akin to what most people believe "defund the police" was about. That is absolutely true.Quote:
Originally Posted by Maroonthirteen
The NCAA missed their opportunity to police how players receive money. Cause they didn't act when they had the opportunity, now all college players can make money directly from pretty much anyone willing to give them money. They should have put players on a large stipend, or give universities the option to weight the stipends as they see fit. Either way, teams fanbases like Texas and others are just going to effectively buy players with pre-packaged NIL deals where zero work is required on the part of the player other than sign on the line.
The police give away 96% of their budget to the community?Quote:
Originally Posted by Maroonthirteen
Bad analogy aside, I didn't realize how much the ncaa gave back. I really thought that without the ncaa there would be a bigger slice for the schools.
Why anyone thinks breaking off from the NCAA would be good for college athletics or us in particular is incomprehensible to me.
And nonprofit does not mean 'operates without money' or 'can't bring in revenue.' It means no one ultimately makes money off its profits.
Nonprofits operate with wildly varying budgets. Some are tiny and some are enormous. The key is that the 'profits' or revenues go right back into the mission. The NFL league office is a nonprofit.
Antitrust rules. If the top three or four dozen schools form their own organization, they can maybe try to get back to some model of amateurism. The state laws prohibiting NIL rules impacting eligibility may stop that. But that would be one potential benefit. If there are multiple college sports leagues, they are no longer control the market for college athletics. They de facto do, but it is because the value is in the brands, not because they have basically every college other than JUCO and NAIA. There will be many more colleges outside of whatever they form that are welcome to pay players if they think it makes sense.Quote:
Originally Posted by smootness
I don't think this is what is driving it, but if it weren't for the NIL rules, it's the next step they should take to try to stop all the value their brands create from going to athletes. If athletes believe they are generating the value, they can go convince Akron to pay them.
Then, please explain 'WHY' they need $14,162,770.00 of CASH AND CASH EQUIVALENTS laying around AND $400,464,839.00 in INVESTMENTS!Quote:
Originally Posted by Maroonthirteen
That's just a little rainy day fund***Quote:
Originally Posted by BiscuitEater