My first question in regards to Delany would be if millions of B1G fans and alumni would agree to this drastic a down-sizing of their schools' athletic programs. What about the millions invested in the stadiums, arenas, and training facilities that still haven't been paid for?
QUOTE(#1):
What about the millions invested in the stadiums, arenas, and training facilities that still haven't been paid for?
The schools are locked into playing the games to keep the cash flow up to meet the financial obligations. I see no way around this aspect of the situation.
I always thought the gubmint would step in and play the "profit" aspect of a non profit card.
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QUOTE(#3):
I always thought the gubmint would step in and play the "profit" aspect of a non profit card.
Hi, DC. Truly, the Feds would definitely like to sink their claws into college sports' revenues if the opportunity arises. The other extreme of the Delany/B1G declaration would be to follow the Ralph Nader model: "...Openly acknowledge the professionalism in big-time college sports, remove the tax-exempt status currently given to athletic departments, and make universities operate them as unrelated businesses."
The debt issue stymies action on this, IMO.
The Feds have to know that these often-highly-leveraged-with-stadium/facility-building-bonds organizations cannot just "all of a sudden" move to a totally different financial and tax model. To start taxing these immense revenues would kill a lot of Athletic Depts almost immediately.
Honestly, I do not see all of the B1G member institutions following lock step with Delany's declaration.
I can think of about a quarter of a billion reasons annually why he will back down...
Maybe Northwestern and Purdue? If Rutgers wanted to go that route, they'd petition to join the Ivy League (Not that New England snobs have any respect for freakin' New Jersey...).
O'Bannon must be broke. He had a nonexistent pro career & has been working at Findlay Toyota in Henderson, NV for a couple of years now. And if you tell him you're gonna buy a car & a UCLA fan you get a free license plate frame!
Drop your suit O'Bannon and sell some cars, dammit.
QUOTE(#8):
Maybe Northwestern and Purdue? If Rutgers wanted to go that route, they'd petition to join the Ivy League (Not that New England snobs have any respect for freakin' New Jersey...).
...Or my nightmare scenario occurs: tOSU, Penn State, Michigan, and Michigan State all drop out of the B1G and join the other money-makers with at least seven figures of profit. This would include Alabama, Texas, Kansas State, Notre Dame, Oregon, Oklahoma State, Arkansas, LSU, and Florida. (Source: The Business of College Sports.)
They could then dub their super-league the "Root, Hog, or Die" conference.
QUOTE(#10):
...Or my nightmare scenario occurs: tOSU, Penn State, Michigan, and Michigan State all drop out of the B1G and join the other money-makers with at least seven figures of profit. This would include Alabama, Texas, Kansas State, Notre Dame, Oregon, Oklahoma State, Arkansas, LSU, and Florida. (Source: The Business of College Sports.)They could then dub their super-league the "Root, Hog, or Die" conference.
HA! That one caught me by surprise...
QUOTE(#4):
Hi, DC. Truly, the Feds would definitely like to sink their claws into college sports' revenues if the opportunity arises. The other extreme of the Delany/B1G declaration would be to follow the Ralph Nader model: "...Openly acknowledge the professionalism in big-time college sports, remove the tax-exempt status currently given to athletic departments, and make universities operate them as unrelated businesses."
That would dry up a big piece of the donor contributions, which are currently tax deductible.
QUOTE(#4):
Hi, DC. Truly, the Feds would definitely like to sink their claws into college sports' revenues if the opportunity arises. The other extreme of the Delany/B1G declaration would be to follow the Ralph Nader model: "...Openly acknowledge the professionalism in big-time college sports, remove the tax-exempt status currently given to athletic departments, and make universities operate them as unrelated businesses."
Exactly Harley. There's a Catch-22 to all this mess cuz they all let the almighty dollar ruin things.
More like "keeping up with the Jones" by having to outspend each other.
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QUOTE(#10):
...Or my nightmare scenario occurs: tOSU, Penn State, Michigan, and Michigan State all drop out of the B1G and join the other money-makers with at least seven figures of profit. This would include Alabama, Texas, Kansas State, Notre Dame, Oregon, Oklahoma State, Arkansas, LSU, and Florida. (Source: The Business of College Sports.) They could then dub their super-league the "Root, Hog, or Die" conference.
That's what it is looking like.
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QUOTE(#14):
That's what it is looking like.
In your immortal words: Conference Realignment Sucks.
QUOTE(#15):
In your immortal words: Conference Realignment Sucks.
Amen brother, preach on.
Total Comments (18281)
QUOTE(#2):
The schools are locked into playing the games to keep the cash flow up to meet the financial obligations. I see no way around this aspect of the situation.
I don't disagree with your observation, GR (nor #5 either), so it appears that Delany is describing an alternate reality that his conference is fiscally unable to carry out. If he knew of these financial constrains going forward, then it begs the question- to me, anyway- about why he would make such a sweeping pronouncement to begin with.
Does the O'Bannon suit have a good chance of winning, perhaps on an antitrust technicality? Is Delany attempting shake up the NCAA legal eagles into a more urgent stance to save their "amateur" status? Or is there another, hidden agenda at play here?
It just seems to me that Delany wants to put the genie back in the bottle, and that's not possible, unless, of course, we were to fall into a catastrophic economic collapse that makes downsizing a fait accompli.
Bloody bunch of fish bladders, Delany et al. Here's the bone of contention - If the court rules against the defendants (impacting all sports rich schools, for arguments sake), then, the schools have no choice but to pursue appeals until the original plaintiffs are dust and their survivors will settle for Indonesian rupees to the dollar (coupons for free concessions at the stadiums to which they still have to purchase tickets for entry). Meanwhile, the schools quickly engage their legal departments to draw up contractual commitments which in essence make student athletes chattel throughout their matriculation (essentially putting the way things are now into legally enforceable voluntary commitments by the student athletes). "You want a full ride to play sports for [Big Bucks U], son? Sign the papers."
If Delany doesn't grasp this, he's headed for early retirement.
Coda: If the big bucks sports schools go the legal papers route, the next former-student-athlete lawsuit will have to be based upon collusion by the schools. They conspired to rob unsuspecting young men and women of the money's generated by their talents and labors! [Let's conveniently forget what the universities must do and the huge investments they must make to create the opportunities to "deny student athletes fair compensation for their performances."]
It's a cocked hat. There will be no equitable resolution. There will be shizzle zlingin' to make zoo monkeys look well behaved. Lawyers will be the only "winners."
QUOTE(#17):
I don't disagree with your observation, GR (nor #5 either), so it appears that Delany is describing an alternate reality that his conference is fiscally unable to carry out. If he knew of these financial constrains going forward, then it begs the question- to me, anyway- about why he would make such a sweeping pronouncement to begin with.Does the O'Bannon suit have a good chance of winning, perhaps on an antitrust technicality? Is Delany attempting shake up the NCAA legal eagles into a more urgent stance to save their "amateur" status? Or is there another, hidden agenda at play here?It just seems to me that Delany wants to put the genie back in the bottle, and that's not possible, unless, of course, we were to fall into a catastrophic economic collapse that makes downsizing a fait accompli.
Damifino WTF he's trying to do.
I've rarely understood what the guy's intentions/goals have been in practically any of his undertakings, with the exception of the Big Ten Network.
QUOTE(#18):
It's a cocked hat.
Dadgummit, Tinnie! Get that thing outta my hat!
;-)
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