Wrestleknownothing Posted June 13 Posted June 13 Which schools are planning to share revenue with wrestlers? The rumor on HVI is that Cael Sanderson opted for 30 scholarships instead of revenue sharing. Drowning in data, but thirsting for knowledge
JBluegill133 Posted June 14 Posted June 14 I've seen this being talked about, but don't really understand what it means. Does it just mean the universities can now pay athletes based on the revenue they make? "Look good, feel good, wrestle good." - J Jaggers
Wrestleknownothing Posted June 14 Author Posted June 14 40 minutes ago, JBluegill133 said: I've seen this being talked about, but don't really understand what it means. Does it just mean the universities can now pay athletes based on the revenue they make? Yes, there is a formula based on a percentage of certain revenues made by power 5 schools that then applies to everyone who opts in to revenue sharing (it is mandatory for power 5 schools). This year the estimate is $20.5 million. The schools can split that however they want. 1 Drowning in data, but thirsting for knowledge
JBluegill133 Posted June 14 Posted June 14 gotcha, so every school that participates in the revenue sharing gets a piece of the 20.5m and they can divvy that up across sports? "Look good, feel good, wrestle good." - J Jaggers
Wrestleknownothing Posted June 14 Author Posted June 14 9 minutes ago, JBluegill133 said: gotcha, so every school that participates in the revenue sharing gets a piece of the 20.5m and they can divvy that up across sports? Almost. The $20.5 comes out of their own pockets, which is why so many schools are talking about new ways to generate revenue. They can pay any amount they want between zero and 20.5. Drowning in data, but thirsting for knowledge
JBluegill133 Posted June 14 Posted June 14 ok last one then i will leave you alone.....schools get to choose between the revenue sharing or the 30 scholarships (referring to your original post) also....thank you for your patience, just a heads up, your handle is incorrect...you definitely know a little something! 1 "Look good, feel good, wrestle good." - J Jaggers
cowcards Posted June 14 Posted June 14 5 minutes ago, JBluegill133 said: ok last one then i will leave you alone.....schools get to choose between the revenue sharing or the 30 scholarships (referring to your original post) also....thank you for your patience, just a heads up, your handle is incorrect...you definitely know a little something! The scholarships is a separate thing. They got rid of scholarship limits in all sports and instead went to a roster limit. Wrestling has a roster limit of 30. Schools can now offer anywhere from 0-30 scholarships now instead of the previous 9.9 scholarships and "unlimited" rosters. The revenue sharing agreement allows schools to provide up to 20.5 million (rising in future years) to their athletes. They can split it up however they want. Most of that will be for Football, Men's/Women's bball. He is saying that Cael opted to have the school give him 30 scholarships instead of providing any of that revenue sharing to his athletes. 1
Jimmy Cinnabon Posted June 14 Posted June 14 I can't imagine the revenue apportioned to wrestling would exceed the value of a scholarship...
JBluegill133 Posted June 14 Posted June 14 You guys are the best. Thanks for getting me up to speed. T-minus 3hrs till FinalX! "Look good, feel good, wrestle good." - J Jaggers
ionel Posted June 14 Posted June 14 https://pistolsfiringblog.com/weiberg-announces-seven-oklahoma-state-sports-included-in-revenue-share/ 1 .
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