NCAA and Power 5 Agree to Allow Schools to Pay Players

[Idaho]

Schools now allowed to pay players directly.... good luck with that since most athletic departments lose money.  

 

https://www.espn.com/college-sports/story/_/id/40206364/ncaa-power-conferences-agree-allow-schools-pay-players

[ionel]

36 minutes ago, Idaho said:

Schools now allowed to pay players directly.... good luck with that since most athletic departments lose money.  

 

https://www.espn.com/college-sports/story/_/id/40206364/ncaa-power-conferences-agree-allow-schools-pay-players

Wait till the equal pay lawsuits begin.  

[Idaho]

36 minutes ago, ionel said:

Wait till the equal pay lawsuits begin.  

one among many.

[Paul158]

10 hours ago, Idaho said:

Schools now allowed to pay players directly.... good luck with that since most athletic departments lose money.  

 

https://www.espn.com/college-sports/story/_/id/40206364/ncaa-power-conferences-agree-allow-schools-pay-players

You and I will pay for it in our taxes. Just like you and I are paying for all the student loans now. Get ready to open up your wallet.

[Idaho]

1 hour ago, Paul158 said:

You and I will pay for it in our taxes. Just like you and I are paying for all the student loans now. Get ready to open up your wallet.

Of course.  Some schools already use student fees and tuition to make up the shortfall....so there's that. 

[NM1965]

This will mean the end of competitive D1 wrestling, not that it's actually been all that competitive for the last 20 years or so since realistically only 3 or 4 teams even have a chance of making the podium anyway. Now schools will just buy the best wrestlers. Who has the most money in D1 that has a wrestling program? Ohio State does. Michigan is 2nd among schools with wrestling programs. Coaching will be at a premium, but the little schools will all suffer.  I predict over time that the rankings of the best wrestling schools will line up fairly precisely with those schools revenue with minor variations due to the ability of the coaches. 

[TNwrestling]

37 minutes ago, NM1965 said:

This will mean the end of competitive D1 wrestling, not that it's actually been all that competitive for the last 20 years or so since realistically only 3 or 4 teams even have a chance of making the podium anyway. Now schools will just buy the best wrestlers. Who has the most money in D1 that has a wrestling program? Ohio State does. Michigan is 2nd among schools with wrestling programs. Coaching will be at a premium, but the little schools will all suffer.  I predict over time that the rankings of the best wrestling schools will line up fairly precisely with those schools revenue with minor variations due to the ability of the coaches. 

I predict that, while there will be a few changes, nothing will be as drastic as you're saying it will and it'll all just continue on as normal...

[Idaho]

32 minutes ago, NM1965 said:

This will mean the end of competitive D1 wrestling, not that it's actually been all that competitive for the last 20 years or so since realistically only 3 or 4 teams even have a chance of making the podium anyway. Now schools will just buy the best wrestlers. Who has the most money in D1 that has a wrestling program? Ohio State does. Michigan is 2nd among schools with wrestling programs. Coaching will be at a premium, but the little schools will all suffer.  I predict over time that the rankings of the best wrestling schools will line up fairly precisely with those schools revenue with minor variations due to the ability of the coaches. 

Most athletic programs operate at a loss. The NIL will still be the main thing that lures wrestlers. The schools themselves don't have extra money to be giving out 100k to athletes. The schools that do have huge football programs that make their money, and even then, I think we are going to see inner battles to sharing that pot to cover operating costs of other programs. Alabama rakes in money, but they don't even have wrestling. LSU, Texas, Georgia, etc. all make a lot of money to cover the short fall of programs and then some, but they don't have wrestling. This is going to end up being more about football and basketball, which of course is what is driving this whole mess.  On another note, the wrestling programs that do have money in their actual program budget are the same teams that have big donors for NIL. The rich get richer with this in one sense, but in another it's just the same programs, with the same big donors.  Overall, I agree, and I have always said that this is bad for wrestling in the long run. 

[Formally140]

30 minutes ago, NM1965 said:

This will mean the end of competitive D1 wrestling, not that it's actually been all that competitive for the last 20 years or so since realistically only 3 or 4 teams even have a chance of making the podium anyway. Now schools will just buy the best wrestlers. Who has the most money in D1 that has a wrestling program? Ohio State does. Michigan is 2nd among schools with wrestling programs. Coaching will be at a premium, but the little schools will all suffer.  I predict over time that the rankings of the best wrestling schools will line up fairly precisely with those schools revenue with minor variations due to the ability of the coaches. 

Shrug, it is what it is. Any attempt to even state most of this, or other issues, out loud at hs or college level.. mostly gets shouted down or people say that the "only" reason people have problems with it is because "their team isn't winning". 

 

 

[ionel]

52 minutes ago, NM1965 said:

 Who has the most money in D1 that has a wrestling program? Ohio State does. Michigan is 2nd among schools with wrestling programs. 

How do you figure they are 1 and 2?

[Idaho]

Almost every athletic program does NOT bring in enough money to even cover the operating costs let alone have money to give athletes.  But, let's pretend they do......Of all the sports teams, both men's and women's teams, how does the school decide which athletes get money and how much? As @ionel pointed out, there will be equity issues. Is football, basketball and any other big program at a school willing to share all their profits to pay out everyone?   Is it straight across the board money? Lot's of problems. 

[Fletcher]

The only way I see this impacting wrestling is if programs use money to buy football players, but then for equity purposes need to "find" money to pay equal amounts to female athletes and that money may come from wrestling programs.

[NM1965]

1 hour ago, ionel said:

How do you figure they are 1 and 2?

Their numbers are the biggest among the D1 Athletic programs with wrestling teams. 

https://sports.usatoday.com/ncaa/finances

Edited May 24 by NM1965

[Idaho]

58 minutes ago, NM1965 said:

Their numbers are the biggest among the D1 Athletic programs with wrestling teams. 

https://sports.usatoday.com/ncaa/finances

Not many teams making a significant amount of money to be able to pay out to athletes....most teams making very little, none or in the negative. 

[ionel]

2 hours ago, NM1965 said:

Their numbers are the biggest among the D1 Athletic programs with wrestling teams. 

https://sports.usatoday.com/ncaa/finances

But thats not wrestling money.  When they start paying athletes they are going to use the football & basketball money to go out and buy the best football and basketball players.  They may also need to spend a bunch of money paying women's basketball and volleyball players.  Where's the wrestling money coming from?  Its not their now.  The top money programs for wrestling (and other minor sports) will be those who find a billion dollar donor. 

[fatlaz]

You all are forgetting about Title IX!  There'll be football, mens basketball and 6-9 women's sports.  All other college sports will be gone.  Equity is the law.

[fishbane]

4 hours ago, Idaho said:

Not many teams making a significant amount of money to be able to pay out to athletes....most teams making very little, none or in the negative. 

The expected revenue sharing per school under the settlement is $20 million.  Over 150 schools in the list had revenue over $20 million. 

If your point is that for most schools the expenses are greater than or equal to the revenue that is misleading.  These are non profit corporations.  They spend what they take in.  It's a feature of the system.  Since they were not sharing this revenue in a meaningful way with the players, the revenue was taken in web to either the school, the coaches, administrators, and support staff.  These groups will obviously have to take a haircut to share the revenue with the players.  It was exploitive that they were able to keep it all for all these years.

[Jason Bryant]

3 hours ago, fishbane said:

The expected revenue sharing per school under the settlement is $20 million.  Over 150 schools in the list had revenue over $20 million. 

If your point is that for most schools the expenses are greater than or equal to the revenue that is misleading.  These are non profit corporations.  They spend what they take in.  It's a feature of the system.  Since they were not sharing this revenue in a meaningful way with the players, the revenue was taken in web to either the school, the coaches, administrators, and support staff.  These groups will obviously have to take a haircut to share the revenue with the players.  It was exploitive that they were able to keep it all for all these years.

And as we know, revenue and profit are different things, but that's something that's impossible to explain to the tribalistic psycho fans who blather on about how their sport (which they almost certainly didn't play at the school they cheer for to begin with) is so much more important because "it makes all the money for the other sports" when that really isn't true most places. 

[NM1965]

20 hours ago, Idaho said:

Not many teams making a significant amount of money to be able to pay out to athletes....most teams making very little, none or in the negative. 

Absolutely. I'm not going to dig up the relevant links but I remember reading something years ago that 75% or so of D1 athletic programs actually lose money. 

[PSULou64]

There is a lack of understanding by most fans and the general public as well that goes along with this.  Most of these schools with money making sports use that to offset all of the other sports that just lose money.  Mostly football and basketball generate revenue based upon television contracts, not so much in attendance, concession revenue, etc.

It has a net zero cost to the students in tuition.  Turning around and paying out players on top of the costs that already exist to run the athletics programs will be an untenable position for these universities and colleges and will create vitriol between the athletes. At least now when you get a scholarship, at least in most cases, you as an athlete get access to better housing, better food, better tutors, physicians/trainers, travel and accomodations on top of an education at a free or reduced cost.  

 

[ionel]

May be seeing more of this:

https://www.npr.org/2024/05/26/nx-s1-4982156/birmingham-southern-college-world-series#:~:text=Hourly News-,Birmingham-Southern makes College World Series%2C even as the school,set to shut down permanently.

[billyhoyle]

On 5/24/2024 at 2:20 PM, fishbane said:

The expected revenue sharing per school under the settlement is $20 million.  Over 150 schools in the list had revenue over $20 million. 

If your point is that for most schools the expenses are greater than or equal to the revenue that is misleading.  These are non profit corporations.  They spend what they take in.  It's a feature of the system.  Since they were not sharing this revenue in a meaningful way with the players, the revenue was taken in web to either the school, the coaches, administrators, and support staff.  These groups will obviously have to take a haircut to share the revenue with the players.  It was exploitive that they were able to keep it all for all these years.

The "haircut" will be the non revenue sports like wrestling.  People who are fine seeing the NCAA tournament having 10 teams won't care, but it will be terrible for athletes looking to get a D1 scholarship. 

[ionel]

3 minutes ago, billyhoyle said:

The "haircut" will be the non revenue sports like wrestling.  People who are fine seeing the NCAA tournament having 10 teams won't care, but it will be terrible for athletes looking to get a D1 scholarship. 

Once they have to start paying taxes and paying tuition some of these new employees are going to wish they weren't.  

[Offthemat]

What’s minimum wage for a 197 that’s too short?

[ionel]

https://www.essentiallysports.com/nfl-ncaa-news-colorado-football-suffers-nearly-sixty-k-loss-due-to-poor-record-while-ncaa-champions-michigan-reaps-hefty-payout-from-ea-college-football-twenty-five/

Are any wrestling programs on the EA Sports gravy train?  If Michigan needs to start paying football players will they share any of this with wrestling?