(08-08-2020 08:04 PM)bullet Wrote: (08-08-2020 06:41 PM)TerryD Wrote: Matt Hayes
@MattHayesCFB
· 1h
Power 5 AD just texted: “You and your colleagues are chasing the wrong story. The virus alone is enough to stop the season. But presidents are terrified of players organizing. It’s the paradigm shift to change amateur sports.” (1of2)
The college presidents are very afraid of the players organizing themselves.
Key word is VERY.
Let them organize. Let them demand half the revenue.
Now, lets look that the reality. The athletic department with the most revenue (Texas) made about 20 million on 224 million in revenue. The most profitable college athletic department made 44 million (A&M) on 212 million in revenue. Only a handful fo schools made any real money---most were close to break even or were actually losing money. Pretty much all the G5 programs are losing money (some quite a bit of meney).
If we take HALF the revenue and give it to the players, every single program goes into the red. Texas would lose about 85 million a year. A&M would lose about
62 million. The funny thing----The G5 would actually be better off than many P5's if they had to give up 50% of their revenues simply because their budgets are so much smaller. Not only are their total budgets half the size of the P5---thier revenues are MUCH less than half the revenues of the P5 (so losing half their revenue would be a MUCH smaller hit to their budgets).
So---what are the chances that every P5 and G5 school will say--yeah--cool, we'll start losing 100 million or more a year on sports to keep the players happy. Zero chance.
Its FAR more likely this brings about a sea change where college sports goes back to the future. They go back to the original TOTALLY PURE AMATEUR MODEL. You play for fun. You play for love of the school. You play for pride and prestige--but you get no compensation. ZERO. No scholarship. No FCOA. You get nothing. That destroys the basis for all the law suits against the FBS schools. As a bonus---it also eliminates a host of Title-9 issues and expenses. It also allows the schools to keep all the revenue and massively CUT expenses.
If the players and lawsuits continue---if they get no relief from Congress---then the schools basically have no choice but to go back to a purely amateur model. They really have no other option. The basic financial realities leave not other way forward for school athletic departments.