I subscribe to the theory that rev share will be bad for mid-majors but will somewhat level the playing field among Big Ten and SEC schools.
For example, the best estimates are that Texas spent $22.3 million on its 2024 football team while State spent $6.5 million (3.4 multiple).
Under rev share, it is estimated that SEC schools will allocate $15 million of revenue to football rosters, with at least some schools paying players with NIL money on top of that. For Texas to spend 3.4 times State in this world, they would have to spend over $50 million on their roster, most of that coming from NIL on top of rev share. They will spend more than State but not
that much more.
Just throwing out numbers:
- 2024:
- Texas: $22.3 million NIL
- State: $6.5 million NIL
- gap: $15.8 million; 3.4x
- rev share:
- Texas: $15 million rev share; $10 million NIL ($25 million total)
- State: $15 million rev share; $0 NIL ($15 million total)
- gap: $10 million; 1.7x