NCAA Transfer & NIL Policies

WillWeaverRVA said:
The power conferences are close to settling the House v. NCAA lawsuit, and as a result the non-power conferences are going to be on the hook for $990 million...or about $36.67 million per conference. That is going to be backbreaking for a number of low- and mid-major conferences, for something that didn't involve them in the first place.

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T
RowdyPkunk said:
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That equates to $336 million for non football schools to pony up. (12%) In 2020-21, there were 100 non football schools with an additional 6 schools in transition from DI to DII. Based on 100 non football schools, each school would have to pony up $3,360,000.

I wonder where Ed thinks he's going to get that kind of cash to pay VCU's share of the settlement.
 
Wolfpack Ram said:
T

That equates to $336 million for non football schools to pony up. (12%) In 2020-21, there were 100 non football schools with an additional 6 schools in transition from DI to DII. Based on 100 non football schools, each school would have to pony up $3,360,000.

I wonder where Ed thinks he's going to get that kind of cash to pay VCU's share of the settlement.
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If I read it correctly, the schools dont have to come up with the cash, Revenue distribution is reduced until the debt is paid
 
TampaKAP said:
If I read it correctly, the schools dont have to come up with the cash, Revenue distribution is reduced until the debt is paid
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Exactly. And I suspect that litigation settlements do not come out of department budgets. If the school loses or settles a discrimination suit brought by a math prof, I doubt they deduct the money from the math department budget.
 
TampaKAP said:
If I read it correctly, the schools dont have to come up with the cash, Revenue distribution is reduced until the debt is paid
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If it is a reduction in revenue distribution, that's still a significant hit for VCU athletics. Especially with VCU's NCAA basketball revenue units starting to dry up.
 
Wolfpack Ram said:
If it is a reduction in revenue distribution, that's still a significant hit for VCU athletics. Especially with VCU's NCAA basketball revenue units starting to dry up.
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As I said I think they will treat this as a university liability, not an AD liability.
 
N Mollen said:
As I said I think they will treat this as a university liability, not an AD liability.
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So, you are saying the university is going to reimburse athletics for the reduction in revenue from their NCAA units? According to @TampaKAP, it's a revenue reduction from the NCAA, not a payout from the university.
 
Wolfpack Ram said:
So, you are saying the university is going to reimburse athletics for the reduction in revenue from their NCAA units? According to @TampaKAP, it's a revenue reduction from the NCAA, not a payout from the university.
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That’s what I’m saying. The liability is the university’s. Just as a contract claim arising out of the construction of a new art building is a university liability, not the art department’s.
 
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