NIL Thread

[GMUgemini]

I know one of you runs the George Mason Recruiting handle, but thought I’d post this here: https://x.com/GMURecruiting/status/1895500490886254757

 

[Patriot8]

I know one of you runs the George Mason Recruiting handle, but thought I’d post this here: https://x.com/GMURecruiting/status/1895500490886254757

Indeed. Pretty happy with the projections that were shared.

$3m per year should keep us competitive. Seems like WBB will be allotted a formidable war chest as well.

 

[dr. gunnie]

3 mil is huge news.

 

[jessej]

Indeed. Pretty happy with the projections that were shared.

$3m per year should keep us competitive. Seems like WBB will be allotted a formidable war chest as well.

average of $200k per player on a 15-man scholarship Roster???

 

[GSII]

How does this work with the House Settlement and other schools? Where does the $7-9 mill come from? I'm oblivious. How does the compare with the art school?

 

[Bsutterl]

How does this work with the House Settlement and other schools? Where does the $7-9 mill come from? I'm oblivious. How does the compare with the art school?

That's revenue sharing. So all the money the schools in the conference make goes into a pot and is divided up. Its why Notre Dame wants to remain independent. They made 20 mill for the natty game and don't have to divide it up.

 

[Patriot8]

average of $200k per player on a 15-man scholarship Roster???

Yeah, but it’s highly unlikely we would utilize all 15 scholarship spots.

 

[gmubrian]

That's revenue sharing. So all the money the schools in the conference make goes into a pot and is divided up. Its why Notre Dame wants to remain independent. They made 20 mill for the natty game and don't have to divide it up.

That is not how it works. Teams in the conference are NOT sharing their revenue and dividing it up.

 

[gmubrian]

How does this work with the House Settlement and other schools? Where does the $7-9 mill come from? I'm oblivious. How does the compare with the art school?

Summary:
House settlement hasn't been finalized yet, but...
Teams have to opt-in with NCAA by March 1st. If you don't opt in you are, essentially, if not actually, demoting yourself to D2 or D3.
Theoretically this is revenue sharing with the players. The school is sharing the revenue generated by athletics with the players. Where the pots of money comes from is anyones guess.
It is currently capped at $20.5M total per school.
If you youse the 70% football, 15 MBBall, 10 WBBall, 5% others formula, you can see how it might compare to other schools. Since we don't have football, this puts us in great footing against everyone else except the Big East (who I think will come out on top) and the SEC (which has nearly infinite pockets).

 

[Bsutterl]

That is not how it works. Teams in the conference are NOT sharing their revenue and dividing it up.

its an oversimplification, but yes some of the revenue from winnings like ncaa tourney or others will go into the pot. Its staggered and the winners get more money but it does factor into it. But yes, the majority of money comes from the athletic budget. 22% i think? could be wrong.

 

[gmubrian]

its an oversimplification, but yes some of the revenue from winnings like ncaa tourney or others will go into the pot. Its staggered and the winners get more money but it does factor into it. But yes, the majority of money comes from the athletic budget. 22% i think? could be wrong.

You are confusing pre-existing conference media rights agreements with NIL/House settlement revenue sharing, the house settlement which is what is making these most recent changes occur.

 

[Patriot8]

Summary:
House settlement hasn't been finalized yet, but...
Teams have to opt-in with NCAA by March 1st. If you don't opt in you are, essentially, if not actually, demoting yourself to D2 or D3.
Theoretically this is revenue sharing with the players. The school is sharing the revenue generated by athletics with the players. Where the pots of money comes from is anyones guess.
It is currently capped at $20.5M total per school.
If you youse the 70% football, 15 MBBall, 10 WBBall, 5% others formula, you can see how it might compare to other schools. Since we don't have football, this puts us in great footing against everyone else except the Big East (who I think will come out on top) and the SEC (which has nearly infinite pockets).

For reference, Georgia is planning to share $2.7M with MBB.

It's important to note that collectives will still play a role externally.

 

[GMUgemini]

For reference, Georgia is planning to share $2.7M with MBB.

It's important to note that collectives will still play a role externally.

And Big 10, who is similarly flush with the SEC. Of the top 25 revenue generating programs, 9 are Big 10 schools and 10 are SEC schools (and Nebraska is no. 26).

So if the A10 plays its cards right, it could be the 4th best conference long-term when it comes to men’s and women’s basketball.

 

[mkaufman1]

Summary:
House settlement hasn't been finalized yet, but...
Teams have to opt-in with NCAA by March 1st. If you don't opt in you are, essentially, if not actually, demoting yourself to D2 or D3.
Theoretically this is revenue sharing with the players. The school is sharing the revenue generated by athletics with the players. Where the pots of money comes from is anyones guess.
It is currently capped at $20.5M total per school.
If you youse the 70% football, 15 MBBall, 10 WBBall, 5% others formula, you can see how it might compare to other schools. Since we don't have football, this puts us in great footing against everyone else except the Big East (who I think will come out on top) and the SEC (which has nearly infinite pockets).

Thank you - I needed a short version. I tried asking ChatGPT and it didn't give me this summary but this is very very helpful.

 

[Patriot8]

And Big 10, who is similarly flush with the SEC. Of the top 25 revenue generating programs, 9 are Big 10 schools and 10 are SEC schools (and Nebraska is no. 26).

So if the A10 plays its cards right, it could be the 4th best conference long-term when it comes to men’s and women’s basketball.

The way I'm looking at it, this will help elevate the A10 to at or slightly above where the middle to lower tier P4 programs are basketball-wise, and also create a little bit more separation with conferences like the AAC, new Mountain West, new Pac12, etc. who will have to spend on football as well without P4 revenue.

 

[gmubrian]

And Big 10, who is similarly flush with the SEC.

I have left the Big 10 out since I have been reading multiple articles about struggles at many of the Big 10 conferences. While they are growing their revenue, their costs seemed to have skyrocketed, presumably, partially because of their entire globe footprint.

NCAA Financial Reports: Texas Posts Largest Operating Budget Ever, Big Ten Schools In Trouble

Big Ten athletic departments’ 2024 financial statements: Seven lessons from a data deep dive
"Of those athletic departments, half finished the 2024 fiscal year with a deficit, and four of those eight were at least $15 million in the hole."
"Four programs, however, extended a concerning five-year financial trend. UCLA, which joined the Big Ten this year, spent nearly $51.9 million more than it made. Over the past five fiscal years, the department’s losses now total $200.61 million. Rutgers and Maryland continue to struggle financially while they reimburse the Big Ten for money borrowed between 2014 and 2020. Rutgers reported a $41.5 million loss, which leaves its department more than $139 million in the red over the past five years. The deficit has grown each year."

 

[jessej]

I have left the Big 10 out since I have been reading multiple articles about struggles at many of the Big 10 conferences. While they are growing their revenue, their costs seemed to have skyrocketed, presumably, partially because of their entire globe footprint.

NCAA Financial Reports: Texas Posts Largest Operating Budget Ever, Big Ten Schools In Trouble

Big Ten athletic departments’ 2024 financial statements: Seven lessons from a data deep dive
"Of those athletic departments, half finished the 2024 fiscal year with a deficit, and four of those eight were at least $15 million in the hole."
"Four programs, however, extended a concerning five-year financial trend. UCLA, which joined the Big Ten this year, spent nearly $51.9 million more than it made. Over the past five fiscal years, the department’s losses now total $200.61 million. Rutgers and Maryland continue to struggle financially while they reimburse the Big Ten for money borrowed between 2014 and 2020. Rutgers reported a $41.5 million loss, which leaves its department more than $139 million in the red over the past five years. The deficit has grown each year."

i hope all this bad financial news leads to some changes
a) let football do its own thing.
b) move the other athletic programs back to a more regional basis.

 

[GMUgemini]

I hope all this bad financial news leads to some changes
a) let football do its own thing.
b) move the other athletic programs back to a more regional basis.

UMD and UCLA:

 

[jessej]

UMD and UCLA:

i am hoping someone does a good study on the effects of winning and losing with all this long distance travel

 

[mkaufman1]

i hope all this bad financial news leads to some changes
a) let football do its own thing.
b) move the other athletic programs back to a more regional basis.

I have to think this is coming but it might take years to get to this point. I do wish b would happen because I can't see how the Big 10 can sustain going across the country.

At the end of the day, Mason and basketball only schools are in the best position to be all in on their main sport, instead of having to have costs across football and basketball.