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Post by mattg on May 22, 2024 12:28:41 GMT -6
But in reality you are the Georgia Bulldogs in this whole thing. That’s where this QB is now. You’re flush with cash and I won’t believe anything else. Haha!
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Post by JacksonStreetElite on May 22, 2024 19:54:59 GMT -6
If your also not following the settlement case you should be.. Its all going to be over
We need oomh to break down
No, we don’t. |
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Post by rmcalhoun on May 23, 2024 20:15:46 GMT -6
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Post by bsutrack on May 24, 2024 22:29:35 GMT -6
House v. NCAA settlement paves way for private equity to infiltrate college football as landscape evolves
Private equity money being added to the fold will create more separation between the haves and have notswww.cbssports.com/college-football/news/house-v-ncaa-settlement-paves-way-for-private-equity-to-infiltrate-college-football-as-landscape-evolves/"But with the House v. NCAA settlement on Thursday, the infiltration of private financing into college sports became all but official as the NCAA and the Power Five conferences came to the landmark agreement. The $2.8 billion settlement has opened the door to that influence. The proof was being laid out that day following Cardinale's presentation. He was asked by a New York Times reporter, hypothetically, how much would Michigan football be worth as an investment by his company? "I'd say it's worth at least a billion dollars," Cardinale said."
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Post by CardsFB1 on May 25, 2024 7:14:07 GMT -6
if you get private equity involved, you may see the top CFB programs see valuations like NFL franchises. Going to be a wild ride the next 2 years.
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Post by williamtsherman on May 25, 2024 7:23:37 GMT -6
I'm seeing little to nothing about what's going to happen with the mac and similar confs, other than an occasional mention noting they are not included in the settlement. That's another disadvantage of the total disinterest in MAC football....nobody cares enough to write a paragraph on it.
The "business model" of mac football, which is to finance an enormously money-losing activity for the benefit of a miniscule fanbase by taking $10 million per year per school from already debt-strapped students would seem to be at risk with any major shake up....which this is. But who knows? MAC football has been a despicable, indefensible situation for a long time, so maybe the sleazy mac administrators will find a way. Obviously, it will still have to be financed by the students because where else would "revenue" for mac football possibly come from?
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Post by rmcalhoun on May 25, 2024 8:41:14 GMT -6
I'm seeing little to nothing about what's going to happen with the mac and similar confs, other than an occasional mention noting they are not included in the settlement. That's another disadvantage of the total disinterest in MAC football....nobody cares enough to write a paragraph on it. The "business model" of mac football, which is to finance an enormously money-losing activity for the benefit of a miniscule fanbase by taking $10 million per year per school from already debt-strapped students would seem to be at risk with any major shake up....which this is. But who knows? MAC football has been a despicable, indefensible situation for a long time, so maybe the sleazy mac administrators will find a way. Obviously, it will still have to be financed by the students because where else would "revenue" for mac football possibly come from? What do you mean its not mentioned its mentioned everywhere.. First off we have to pay back our perceived part of the 2,7 billion. Then we like every other school can spend up too 20 million per year across all sports. This money must be payed by the school and is separate from NIL dealings.. The deal was done by the NCAA and the power 5 conferences. The G5 and lower had no representation or voice in settlement
Of that $1.6 billion, nearly 60% is expected to come from leagues outside the Power 5 conferences that are named in the House lawsuit, sources said. (The NCAA is named, and all of the schools are members.) The other 40% will come from the power conferences.
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Post by 00hmh on May 25, 2024 8:42:31 GMT -6
I agree there won't be much investor interest in MACtion.
The key is finding how to capture the college fan base which requires some connection to the universities, NCAA and existing structures, including existing TV contracts.
The idea of private money wanting to invest in the cash flow produced by NCAA sports is easy enough to imagine with Michigan, tOSU but not individually it has to involve the major conferences. Plus, every University has athletic programs that don't make money, and would want to retain existence of those programs. That is the university brand identity.
I'd guess for private investment you might see universities license their brand to allow private management companies to run the profitable sports Programs, paying licensing fees to the athletic departments to subsidize the other sports. The NCAA (university presidents) thus retaining control over their brand and balancing the academic mission.
The NCAA brand has separate value so that entity will want their cut of any deal that involved an institution trying to license their brand individually. Leaving the possibility, of course, as much discussed, that P4 conferences just soon enough leave the NCAA in FB.
The settlement will take a few years to settle out. One of the very likely results is that unions arise and players in those profitable sports organize and collectively bargain with NCAA, P4 or whatever private organization is running FB to create the anti trust exemption FB organization will need.
This is why it is legal for every existing pro league to have the monopolistic salary caps, drafts, health benefits, etc, they do. Pro sports wants unions to protect the monopoly league organizations from future litigation. (The lawyer for the House plaintiffs has spent a large part of his career doing exactly that in pro sports so you can bet he has a plan along those lines)
Private investment would then be feasible to raise capital for the new FB, maybe even with that league "selling" franchise rights as their brand increases in value.
Basketball is a harder thing to imagine, with the NCAA tourney having enormous value, and it being somewhat unlikely any new private entity would want to create a competing vehicle. That's much easier in FB where there are so few universities involved in its tournament, but even there the NCAA branding has value.
For MAC and non P4 conferences we might see unions but you can't bargain very much for profit share when there is no profit. Or attract investment...
I can't see anything happening that doesn't create a new tier of haves, and something like what we have for the have nots. Except maybe in basketball, where the have nots contribute in the giant tournament event and give it value.
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Post by 00hmh on May 25, 2024 8:47:36 GMT -6
I'm seeing little to nothing about what's going to happen with the mac and similar confs, other than an occasional mention noting they are not included in the settlement. That's another disadvantage of the total disinterest in MAC football....nobody cares enough to write a paragraph on it. What do you mean its not mentioned its mentioned everywhere.. First off we have to pay back our perceived part of the 2,7 billion. Then we like every other school can spend up too 20 million per year across all sports. This money must be payed by the school and is separate from NIL dealings.. The deal was done by the NCAA and the power 5 conferences. The G5 and lower had no representation or voice in settlement
The other schools are not named defendants except as much as they are NCAA "partners" and so since the NCAA is liable when they siphoned off revenue from BB and FB, shared with members, funded its operations which benefit its members.
The NCAA has liability for restricting the rights of the plaintiffs and therefore it's members did. It's essentially a partnership. (Which is why Business Law courses should always teach students about corporations which lawyers like in order to organize businesses in corporate form to protect owners from liability)
The "representation" and voice the G5 and others had was the dysfunctional governance of the NCAA which we are stuck with which was dominated by the big schools.
We won't very likely wiggle out of that. We have "agreed" to it by cashing the past checks...
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Post by rmcalhoun on May 25, 2024 8:52:45 GMT -6
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Post by 00hmh on May 25, 2024 8:58:33 GMT -6
At the very end:
"As significant as this moment is in college sports, it’s likely also just a way station along the path to even more change. It remains quite possible the leaders will screw the whole thing up irreparably."
Boy is that a reasonable bet.
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Post by rmcalhoun on May 25, 2024 9:02:07 GMT -6
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Post by rmcalhoun on May 25, 2024 9:09:30 GMT -6
so what is our AD thinking?
This new ncaa settlement and revenue sharing seems potentially G5 crushing but your much more highly educated on the matter. Is it potentially as bad as it seems to be?
His answer....
"It will certainly be different. We’re still waiting for the dust to settle, but we have an eye on continuing to be competitive."
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Post by rmcalhoun on May 25, 2024 10:02:55 GMT -6
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Post by 00hmh on May 25, 2024 10:19:05 GMT -6
so what is our AD thinking? This new ncaa settlement and revenue sharing seems potentially G5 crushing but your much more highly educated on the matter. Is it potentially as bad as it seems to be? His answer.... "It will certainly be different. We’re still waiting for the dust to settle, but we have an eye on continuing to be competitive." What can he say?
I doubt he knows much more than we do, which is that we are in the have not group which will have to come up with money we don't have and budgets will be cut. Longer term things will be changing in ways that are beyond his control. What will other conferences do similarly situated? Do we even have options, assuming the MAC continue to want to pretend to play FBS type FB?
It's the Presidents in the NCAA and at the conference levels which will have to make the heavy decisions after things settle out. He will no doubt be involved and advise. In the meantime he isn't going to say anything, if he does know something.
We can hope there has been some planning going on as this settlement developed, but there are so many variable decisions at the big conferences which will determine what we can possibly do, it's not like the ball is in our court at this point.
Nobody at lower levels even knows what options we will have to compete, much less what "competitive" in those areas will mean...
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