Princeton transfer shooting guard is signing a contract for over $6 million to play for the University of Florida next season A whopping 12 points per game in the Ivy league and he pulls in that kind of money from a public institution
https://www.cbssports.com/nba/news/...-nil-contracts-during-his-one-season-at-duke/ $28 million for one year.
A federal judge has approved terms of a sprawling $2.8 billion antitrust settlement. This ends amateurism as we know it and schools will now pay their athletes directly. -- I cant believe how insane this is. For reference, there are nearly 200,000 athletes and 350 schools in Division I alone and 500,000 and 1,100 schools across the entire NCAA. How in the fuck are American universities going to be able to maintain that? The answer is they won't. Severe cuts are on their way to the "olympic sports" and by that I mean anything that's not football or basketball. This has already started. American universities have downgraded or eliminated over one olympic sports program every single day for the last 6 months and it is going to get worse. you will see universities start to only sponsor 2 or 3 sports programs for men and women respectively and the number of college athletes will be cut in half or worse. So many young people have benefitted and got a college education through these sports offerings over the past few decades, very sad situation. -- Lastly, tuition for regular students, already out of control, will skyrocket. Consider VCU, a solid mid major basketball program, but definitely not a blue blood rich with donors. They are going to be paying their basketball players up to $324,000 each straight from the university funds. That's like adding 15 fucking new college chancellor salaries... every single year. To make up the cost they are raising student fees. This is a public school btw, Virginia Commonwealth University, with taxpayers supporting this nonsense
This is a pretty cool site that allows you to look up the revenue/expenses/net profit per each sports program at each college. https://www.collegefactual.com/coll...l-and-mechanical-college/student-life/sports/ I don’t see how any sport is going to survive other than football and basketball. Even baseball and hockey at the big schools are net losses for the most part.
Just crazy to me that a swimmer with a dick finishes in 8th place once and its all everyone talks about and politicians in every state campaign about. But this.. much greater impact. it will lead to the end of sanctioned scholarship swimming for thousands of student athletes, dicks or no dicks, and it doesn't get any news or campaign soundbites
I’m not crying for Michigan’s budget but this is only the beginning to be able to afford players. https://www.sportsbusinessjournal.c...t-deficit/?issueId=I6MQOW5EONE7VLKAMZBNQ2C3JI
