Opening up one of those roster spots that would have been taken by a walk-on. Thank you for your four years, Liam!
It's not just you. As soon as I saw the Kentucky kid and his girlfriend had "luxury cars" stolen from them, and then seeing Kentucky players advertising TurboTax in a commercial, I realized that college sports as we knew it is dead. There's still bits and pieces of the days of old but they're usually in the lower levels of the sport.Maybe I'm just getting old, but it's weird to me to see a 4 year walk-on and graduate "entering the transfer portal".
I think at this point the portal is just the "vehicle" in essence if he wants to attempt to play anywhere else his final grad year. Hope Liam ends up getting some minutes for some lower end D1 school ...Maybe I'm just getting old, but it's weird to me to see a 4 year walk-on and graduate "entering the transfer portal".
Historians are going to look back at this time and be absolutely amazed that this multi-billion dollar college sports industry had relatively free labor for as long as it did.... I realized that college sports as we knew it is dead.
Except for the hundreds of thousands of dollars spent on the schools for free education.Historians are going to look back at this time and be absolutely amazed that this multi-billion dollar college sports industry had relatively free labor for as long as it did.
lots of kids get scholarships/aid who don't bring in mountains of revenue.Except for the hundreds of thousands of dollars spent on the schools for free education.
I hold both of these stances:Historians are going to look back at this time and be absolutely amazed that this multi-billion dollar college sports industry had relatively free labor for as long as it did.
the ncaa had rules in place to forbid any payments to players. heck, if the team bus got back late and the cafeteria was closed, a booster couldn't buy a pizza for the team without the school being charged with providing improper benefits.Nobody was forcing these pre-NIL students to play for free. They knew what they were signing up for.
Try millions a year. At Richmond 63 football players x 60,000 per year = 3.78M per year + 15 men's BB players = 4.8M per year in free education.Except for the hundreds of thousands of dollars spent on the schools for free education.
and UR sports brings in $47M+ in revenue per year.Try millions a year. At Richmond 63 football players x 60,000 per year = 3.78M per year + 15 men's BB players = 4.8M per year in free education.
Now these schools just cheat in the open.
Most of that athletics "revenue" comes from the university's general pocket into athletics' pocket. Notice how expenses and revenues for each sport are exactly equal? It's just shifting money around the university's books, it's not real revenue generated by athletics coming into the university.and UR sports brings in $47M+ in revenue per year.
not sure where in that you see that most of the revenue comes from the school.Most of that athletics "revenue" comes from the university's general pocket into athletics' pocket.
It's not explicitly broken down, but I can guarantee you that "institutional support" (ie. shifting money from one pocket to the other) is the lion's share of athletics "revenue" at UR.not sure where in that you see that most of the revenue comes from the school.
point is college athletes generate revenue. certainly men's basketball revenue greatly exceeds the mens basketball players' scholarships.
"These revenues include appearance guarantees, concessions, contributions from alumni and others, institutional support, program advertising and sales, radio and television, royalties, signage and other sponsorships, sports camps, ticket andluxury box sales, and any other revenues attributable to intercollegiate athletic activities."Gate receipts may equal 750,000 per year. That is 5000 (fans) x 25 (price per ticket) x 6 (home games = 750,000.
Concessions may generate 200,000 in revenue.
The rest has to come from donations. Does our football team generate $9M in donations?
agreed ... women's field hockey isn't likely generating $1.4M.It's not explicitly broken down, but I can guarantee you that "institutional support" (ie. shifting money from one pocket to the other) is the lion's share of athletics "revenue" at UR.
At the most obvious, there's no way swimming, women's soccer, field hockey, women's lax, and track and field are each generating real revenue of $1m–$1.5m each.
Football ain't generating anywhere near $8m in revenue. The only one with a snowball's chance of coming close to expenses is men's hoops.
$47m in total athletics revenue is complete fiction if you don't count pocket-shifting.