Will the new stadium at least help recruiting?

[DocCat2]

I know people have mixed feelings about getting a new stadium.

Right now our program just doesn't seem to have any talent. I assume we will continue to suffer serious talent deficit the next few seasons and have losing records. Will a new stadium draw better players?

 

[CoralSpringsCat]

I know people have mixed feelings about getting a new stadium.

Right now our program just doesn't seem to have any talent. I assume we will continue to suffer serious talent deficit the next few seasons and have losing records. Will a new stadium draw better players?

Yes.

 

[zeek55]

Obviously yes, but the reality is also that next year we (and the rest of the Power programs) are going to start being able to pay players directly and that + NIL will likely be the biggest contributors to obtaining talent.

Next year, schools will start disbursing $20+ million in NIL directly to athletes.

That's where the top talent recruiting battles will be won/lost.

 

[FanatiCat]

Obviously yes, but the reality is also that next year we (and the rest of the Power programs) are going to start being able to pay players directly and that + NIL will likely be the biggest contributors to obtaining talent.

Next year, schools will start disbursing $20+ million in NIL directly to athletes.

That's where the top talent recruiting battles will be won/lost.

I’m not quite understanding, where does that $ come from? Is there just a rule now that says schools can do this directly? I don’t know how that’s going to go for NU - I’m skeptical that it will mean magically millions of dollars for FB players. We get Lot of conference revenue sharing $ but (I assume) it’s already 100% being used for other things, so what’s going to give?

 

[zeek55]

I’m not quite understanding, where does that $ come from? Is there just a rule now that says schools can do this directly? I don’t know how that’s going to go for NU - I’m skeptical that it will mean magically millions of dollars for FB players. We get Lot of conference revenue sharing $ but (I assume) it’s already 100% being used for other things, so what’s going to give?

The current rule is that schools can't pay players. The House settlement mandates that programs be allowed to over up to $20+ million per year from revenue to athletes by 2025-26 FB season.

It's going to be paid by the AD out of revenue, and the fortunate thing for Big Ten programs is that the way the TV contract and 12 team playoff payouts are designed, we're going to see a distribution bump over the next 2 seasons that's something close to $20+ million per year from conference distributions.

So for Big Ten teams, this will actually be relatively seamless. We won't have to dig around for extra money:

We're going to go from getting a Big Ten distribution around $60-65 million per year in 2023 to somewhere around $80-85 million per year by 2026. So it's more about managing how we pay the players that extra revenue coming into the program than finding the revenue. The TV deal + CFP payout increase to the Big Ten will cover the players for the most part.

SEC teams are in a somewhat similar situation as well with their new TV deal kicking in this year and the higher per team payout that we and them get from the 12 team playoff boosting their conference distributions.

For everyone else, they'll probably have to try to portion off some of their budget and might have to make cuts somewhere else. For Big Ten/SEC programs, it will be much easier to absorb.

 

[techtim72]

The current rule is that schools can't pay players. The House settlement mandates that programs be allowed to over up to $20+ million per year from revenue to athletes by 2025-26 FB season.

It's going to be paid by the AD out of revenue, and the fortunate thing for Big Ten programs is that the way the TV contract and 12 team playoff payouts are designed, we're going to see a distribution bump over the next 2 seasons that's something close to $20+ million per year from conference distributions.

So for Big Ten teams, this will actually be relatively seamless. We won't have to dig around for extra money:

We're going to go from getting a Big Ten distribution around $60-65 million per year in 2023 to somewhere around $80-85 million per year by 2026. So it's more about managing how we pay the players that extra revenue coming into the program than finding the revenue. The TV deal + CFP payout increase to the Big Ten will cover the players for the most part.

SEC teams are in a somewhat similar situation as well with their new TV deal kicking in this year and the higher per team payout that we and them get from the 12 team playoff boosting their conference distributions.

For everyone else, they'll probably have to try to portion off some of their budget and might have to make cuts somewhere else. For Big Ten/SEC programs, it will be much easier to absorb.

I don't know what the $20 mil funding is being called but it is separate from NIL. It is also to be used for all sports as the school prefers and likely as dictated by Title IX and equity concerns. Since, for example, Ohio State football players are reported being paid $20 mil in NIL, any funds available from the new $20 mil fund will be in addition.

This $20 mil is intended to address various legal concerns but it isn't an end all to the money wars. You have to feel for the University of Kansas' of the world that want to compete with the Big Ten and SEC teams for talent but don't have $20 mil coming in from a TV contract.

 

[zeek55]

I don't know what the $20 mil funding is being called but it is separate from NIL. It is also to be used for all sports as the school prefers and likely as dictated by Title IX and equity concerns. Since, for example, Ohio State football players are reported being paid $20 mil in NIL, any funds available from the new $20 mil fund will be in addition.

This $20 mil is intended to address various legal concerns but it isn't an end all to the money wars. You have to feel for the University of Kansas' of the world that want to compete with the Big Ten and SEC teams for talent but don't have $20 mil coming in from a TV contract.

Correct, it's just going to be a lot harder for everybody else because the Big Ten/SEC already have revenue bumps (from new TV deals + CFP increased payouts - Big Ten/SEC are taking near 60% of the CFP revenue for just themselves which is jumping a lot from 4 team to 12 team) coming along that roughly match what they'll pay out directly while everyone else will have to make actual cuts elsewhere to find the revenue.