Based on reports we will have much larger pot next year due to revenue sharing. But won’t every other team? Even if our fund rises to $4 from$1.5 won’t Uconn and Nova have significant increases? Players are going to get more.
NIL resources
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That would seem to be the most logical view of things. I hope you're wrong.
Pretty much, we aren’t gaining ground against our BE competition or even against any of the high major leagues. Revenue sharing will start the death spiral for the lower 1/3 of D1 though. It’s a lifeline to avoid implosion, but won’t make us relevant beyond continuing to have a basketball program.
I thought the same thing, but in reality it's going to help us, regardless. As was the case pre-NIL, we're not going to get the Cooper Flaggs (and his trashy mom) of the world anyway, and while the blue chip values may continue to soar, plenty of talent available for talent that Sha can compete with. For instance, Eric Dixon reportedly got $1.7M, which was apparently our entire budget this year. The same player isn't making $4M next year; hopefully values will level off for the 4 stars and down, position dependent, of course.
Why do you think this? Without a reasonable cap, it is a never ending arms race. Seems to me, star college players will get 2-3 million easily this next year and probably more. If you are not a lottery pick, it is very likely a player will stay in college and make more money. Look at what the NBA first rounders make. https://www.si.com/nba/nba-draft-pick-rookie-salary-breakdown
I don't know that UConn and Villanova are the teams you need to worry about as much as the non-traditional basketball powers of the P-4 who are going to suck up a lot of talent.
Within the Big East the big NIL threat to you would seem to be St. John's. They are recruiting the same area and can match a lot of your selling points, and then lumped down a big wad cash on the table.
I think what the Hall needs to do is not try to win an all out shooting war of NIL dollars, because there are too many teams with deeper war chests. Instead, you've got to spend carefully, matching for key players, and then surround them with decent, though less expensive, supporting talent.
JMO
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Likely this is the case, but I think there are way too many variables still out there. First you have to get the House Settlement approved. There's supposed to be an enforcement entity (Deloitte) to review NIL deals over $600 to ensure they are for "fair-market value" and not pay-for-play. Of course, nobody knows whether or not Deloitte will actually act as a check on these schools or just be a doormat. If it's the latter, I think it's safe to say that those who were doing well under the previous system will do even better under the new system, which would negate our gains. If it's the latter, and Deloitte starts voiding deals, then some schools may have to rely more on revenue distribution than collective or third-party deals going forward, and it becomes more of a level paying field.
Larger pot of money for the same number of players. I can't see how the price of players at every skill level don't significantly increase.
I totally agree with you that this very well could be a big problem for us, but I still think there's too much uncertainty out there with the settlement and how it goes into effect to say for sure. I think the only thing that is for sure is that there will be less players because of the extra-year COVID players cycling out.
I just can't envision college players making more than some NBA veterans. Rookie and two-way/G-league contracts? Sure.
As far as our budget goes, I'm encouraged that Sha says "people are stepping up." This would indicate not the revenue sharing that everyone will have, but the collective over and above that.
Cern-- hope you are feeling well.
We know for sure:
1. Up until now we have not had a viable NIL structure, management, and did not raise enough money. We know as supporters of the program that there is not a business-centric approach with resources and we’re following old school “mom and pop” processes at Seton Hall. It’s killing us right now given how far behind we’ve been, we saw that play out this year. I still doubt we do.
2. I believe after Pitino and others publicly called us out, Felt and the Administration are trying their approach to PR (which is still pathetically lacking) floating out the revenue sharing numbers. We will still be far behind with those but will only inch closer in competitiveness. But now you also have a problem of being a 2-18 team, why are they coming here if we don’t overpay? I do not believe we have the conventional NIL in place yet, which is why Sha’s comments are the way they are… He knows we don’t and are relying on that revenue sharing to even move up from where we currently are. Regardless of revenue sharing WE STILL NEED THE CONVENTIONAL NIL IMPROVEMENT. Felt and our Administration are either incapable of raising money or are in denial.
3. We know from reputable people that our budget was likely around $1.5M and our team freaking looked like it. I don’t need an audit released to see we clearly did not have money. Everything people leak and speculate on looks to actually be pretty accurate by how teams perform. Always exceptions. You don’t finish 7-26, 2-18 in the BE and in last place by 2 games while watching the horrific basketball we played to know we shopped at the Dollar Store while the rest of the league was upgrading. This is also a reflection on Sha, who chose cheap volume instead of higher quality, thus the roster of failed highly rated recruits and mid major veterans. I didn’t work.
1. Up until now we have not had a viable NIL structure, management, and did not raise enough money. We know as supporters of the program that there is not a business-centric approach with resources and we’re following old school “mom and pop” processes at Seton Hall. It’s killing us right now given how far behind we’ve been, we saw that play out this year. I still doubt we do.
2. I believe after Pitino and others publicly called us out, Felt and the Administration are trying their approach to PR (which is still pathetically lacking) floating out the revenue sharing numbers. We will still be far behind with those but will only inch closer in competitiveness. But now you also have a problem of being a 2-18 team, why are they coming here if we don’t overpay? I do not believe we have the conventional NIL in place yet, which is why Sha’s comments are the way they are… He knows we don’t and are relying on that revenue sharing to even move up from where we currently are. Regardless of revenue sharing WE STILL NEED THE CONVENTIONAL NIL IMPROVEMENT. Felt and our Administration are either incapable of raising money or are in denial.
3. We know from reputable people that our budget was likely around $1.5M and our team freaking looked like it. I don’t need an audit released to see we clearly did not have money. Everything people leak and speculate on looks to actually be pretty accurate by how teams perform. Always exceptions. You don’t finish 7-26, 2-18 in the BE and in last place by 2 games while watching the horrific basketball we played to know we shopped at the Dollar Store while the rest of the league was upgrading. This is also a reflection on Sha, who chose cheap volume instead of higher quality, thus the roster of failed highly rated recruits and mid major veterans. I didn’t work.
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