Rick Neuheisel feels there "is plenty of money" for everyone

[blion72]

listening to him on ESPNU he feels the sport (presumably CFB) has so much total value that there is "plenty of money" for everyone. IF the $$$$ coming in has to be shared with a lot of hands out = other athletes, AD budgets, school sports infrastructure, etc, it seems like the money is going to go pretty fast. He feels that we don't need a lot of change as everyone is going to get paid.

Interestingly Jacob Hester feels the money needs to stay with CFB and probably mean that sport would need to be an independent company with paid players on payroll with CBA. Hester did not think that there is enough money for everyone. Probably an NFL model with contracts and salary cap - players would not have to be students. NIL only then is for the small % of players who have actual value in the market, although all are getting cut from EA on the game. This seems like a more financially sustainable model.

is there some other approach you see that is viable?

 

[psuro]

I guess Ricky's been hittin' The Tavern for Happy Hours again.

 

[BobPSU92]

Brandon Short agrees. Minds think alike.

 

[PSU1969A]

listening to him on ESPNU he feels the sport (presumably CFB) has so much total value that there is "plenty of money" for everyone. IF the $$$$ coming in has to be shared with a lot of hands out = other athletes, AD budgets, school sports infrastructure, etc, it seems like the money is going to go pretty fast. He feels that we don't need a lot of change as everyone is going to get paid.

Interestingly Jacob Hester feels the money needs to stay with CFB and probably mean that sport would need to be an independent company with paid players on payroll with CBA. Hester did not think that there is enough money for everyone. Probably an NFL model with contracts and salary cap - players would not have to be students. NIL only then is for the small % of players who have actual value in the market, although all are getting cut from EA on the game. This seems like a more financially sustainable model.

is there some other approach you see that is viable?

I would like to know where all this money is going to be found. Many, if not most, school athletic programs need financial support from academic budgets.

 

[blion72]

I would like to know where all this money is going to be found. Many, if not most, school athletic programs need financial support from academic budgets.

Just heard RIck N and the idiot Childers talk with lawyer form Athletes.ORG. This org is trying to create player representation. They see the $$$ are unlimited. Quoting EA sports licensing for player NIL as somehow related to the schools. This is between EA and players.

They were talking about the settlement $20M per school and how it distributes. The Rick N raises Title IX and the Athletes.ORG guys says that needs to be worked out :"down the road" - they are going to be distributing the $$ and the intent is to move more $$$ to the "revenue" sports.

these people are out of touch with the financial reality in higher ed. Hard to see any other outcome than each sport standing on its own financially and the big revenue sports being employees of some independent entity under a union CBA.

 

[Bison13]

Brandon Short agrees. Minds think alike.

I see what you did there....

 

[bdgan]

listening to him on ESPNU he feels the sport (presumably CFB) has so much total value that there is "plenty of money" for everyone. IF the $$$$ coming in has to be shared with a lot of hands out = other athletes, AD budgets, school sports infrastructure, etc, it seems like the money is going to go pretty fast. He feels that we don't need a lot of change as everyone is going to get paid.

Interestingly Jacob Hester feels the money needs to stay with CFB and probably mean that sport would need to be an independent company with paid players on payroll with CBA. Hester did not think that there is enough money for everyone. Probably an NFL model with contracts and salary cap - players would not have to be students. NIL only then is for the small % of players who have actual value in the market, although all are getting cut from EA on the game. This seems like a more financially sustainable model.

is there some other approach you see that is viable?

Does PSU have plenty of money to cover the $700m stadium renovation? If so we could tell donors to put all of their money into NIL.