LOL on Zags article, nobody is GETTING anything from the settlement. What they are getting is the ability to SPEND money.Won’t other big east schools get the same $$$$ from settlement? We will be still behind the 8 ball!
I was just going to say this....am I in crazy land? Zags article at best is extremely misleading, or at worst demonstrating he literally doesn't understand the settlement at all.LOL on Zags article, nobody is GETTING anything from the settlement. What they are getting is the ability to SPEND money.
His article confused me. But now I think you’ve explained why.LOL on Zags article, nobody is GETTING anything from the settlement. What they are getting is the ability to SPEND money.
As I have previously suggested, we should not spend any NIL money next year but rather save it. Maybe the next year after too until we have a pot big enough that we can compete with Kansas, St John's, MIchigan etc.. Then we go and buy a team of top talent. And build an NCAA tourney team.
Only having enough NIL money to get so-so players will not result in the success we want.
Are you just backing into this number based on expected football school outs? I saw that VCU will opt into $4-$5 million, but I haven't heard anything from other schools.$3 million in revenue sharing for basketball-onlies will be below average. $4 million will be about average.
"The Hall expects to spend 90% of its NIL money from the House settlements on men’s basketball, and the remainder on women’s basketball, NJ Advance Media has learned. So in that world, Seton Hall essentially would double its NIL budget and be able to pay players more money."
Sort of but I think the numbers are going to be closer to 75% football ($15.4M), 20% MBB ($4.1), 5% all other ($1.0M).Are you just backing into this number based on expected football school outs? I saw that VCU will opt into $4-$5 million, but I haven't heard anything from other schools.
All football schools are expected to opt into the full $20.5M, and everything I've read suggests 75/15/10 will be the average allocation: 75% football ($15.4M), 15% MBB ($3.1), 10% all other ($2.0M).
Agree, I've seen the football schools that are allocating the full $20.5M and it seems 17% - 20% on MBB - $3.5-4 Million.Sort of but I think the numbers are going to be closer to 75% football ($15.4M), 20% MBB ($4.1), 5% all other ($1.0M).
But FMV of collective deals will not be part of the final settlement.