FOS on Rev Share Model

[NYShoreGuy]

Rev-Share Era Hasn't Been a Boon for Basketball-Only Schools

Power conference schools are still spending far above the roughly $4 million left for men’s basketball after revenue sharing with football—leaving basketball-only schools without the edge some predicted.

frontofficesports.com

 

[SPK145]

Excellent article, everyone should read this.

 

[Left Coast Pirates]

Absolutely great article and just another example of how NIL heading into year 5, will once again be different than any of the previous 4.

Since the House Settlement is official, Seton Hall will execute their recruiting process in the portal on a timely basis compared to their competition. Something that clearly did not happen last year.

I do fear that the difference between revenue sharing and NIL compensation for value of services, is not going to benefit the Hall as much as I first thought it would. Early indications (read the article) are that the larger schools have already found the loopholes to allow significant NIL payments to enhance the current $20.5m revenue sharing cap.

The hope was football schools would have to commit the large majority of their revenue sharing to football not leaving much for MBB or other athletic programs. The second leg to all this , was that the audit process for NIL truly restricted contracts for proper value, hence those additional funds used as pay for play would be limited.

It appears to be the opposite. The big money schools have found a way to circumvent the system as usual and the basketball only schools are struggling to find a way to keep up.

 

[Seton75]

It was a good article. But didnt we already know this?

SJU at 10 mill? The amount that is off by might be enough for us to get Hines and Budd.

 

[Fishjam]

This year $8-9 Million was the average and what you needed to compete. This article agrees with the 25% inflation I predict for this Spring. $10-12M will likely be the average this season.

Seton Hall is always years behind the trends in the industry. Currently we are missing the boat on revenue creation. Schools are amassing staff to make corporate deals, find opportunities to leverage the OOC schedule, generate ticket sales and run fundraising campaigns. Sure we had Mike McBride for a year but we need more than 1 crony for a year. You have to spend money to make money.

Until we figure out the revenue creation, the University needs to pony up. At the very least we need to pick our spots strategically when it makes sense to invest more on the roster. Maybe we can spend extra one out of every 3 years. Maybe we spend more for 2 straight years then go into a "rebuilding" period where we spend less and try to develop younger/cheaper players. We are better served using a staggered budget than spending the same insufficient amount every year.

Say we have $6M per year allocated for the next 4 years ($24M over 4). That's not enough to be successful. So rather than be a bubble-team at best each year, stagger that $24M over 4 years. I'd rather see us spend $10M, 10M, 2M & 2M. Go for it for 2 years and rebuild for 2 of the years.

This is just an example but we must think differently and be bold otherwise we'll keep getting left out of the NCAAT.

Now is the time to raise the budget. We have 2 difference-makers - a 2nd team All-BE PG and a potential all conference Big man. In addition we have 4-5 other rotation players who can return. A cash infusion now would go a long way in bringing back the core and leave money to build around them.

 

[Left Coast Pirates]

This year $8-9 Million was the average and what you needed to compete. This article agrees with the 25% inflation I predict for this Spring. $10-12M will likely be the average this season.

Seton Hall is always years behind the trends in the industry. Currently we are missing the boat on revenue creation. Schools are amassing staff to make corporate deals, find opportunities to leverage the OOC schedule, generate ticket sales and run fundraising campaigns. Sure we had Mike McBride for a year but we need more than 1 crony for a year. You have to spend money to make money.

Until we figure out the revenue creation, the University needs to pony up. At the very least we need to pick our spots strategically when it makes sense to invest more on the roster. Maybe we can spend extra one out of every 3 years. Maybe we spend more for 2 straight years then go into a "rebuilding" period where we spend less and try to develop younger/cheaper players. We are better served using a staggered budget than spending the same insufficient amount every year.

Say we have $6M per year allocated for the next 4 years ($24M over 4). That's not enough to be successful. So rather than be a bubble-team at best each year, stagger that $24M over 4 years. I'd rather see us spend $10M, 10M, 2M & 2M. Go for it for 2 years and rebuild for 2 of the years.

This is just an example but we must think differently and be bold otherwise we'll keep getting left out of the NCAAT.

Now is the time to raise the budget. We have 2 difference-makers - a 2nd team All-BE PG and a potential all conference Big man. In addition we have 4-5 other rotation players who can return. A cash infusion now would go a long way in bringing back the core and leave money to build around them.

I like the creative outside the box thinking with the 10 / 10 / 2 / 2 concept

But in 3-4 years from now, do you know how bad the roster would look if you only spent $2m. You might sign up for 7-25 in that scenario.

 

[STLPirate12]

This year $8-9 Million was the average and what you needed to compete. This article agrees with the 25% inflation I predict for this Spring. $10-12M will likely be the average this season.

Seton Hall is always years behind the trends in the industry. Currently we are missing the boat on revenue creation. Schools are amassing staff to make corporate deals, find opportunities to leverage the OOC schedule, generate ticket sales and run fundraising campaigns. Sure we had Mike McBride for a year but we need more than 1 crony for a year. You have to spend money to make money.

Until we figure out the revenue creation, the University needs to pony up. At the very least we need to pick our spots strategically when it makes sense to invest more on the roster. Maybe we can spend extra one out of every 3 years. Maybe we spend more for 2 straight years then go into a "rebuilding" period where we spend less and try to develop younger/cheaper players. We are better served using a staggered budget than spending the same insufficient amount every year.

Say we have $6M per year allocated for the next 4 years ($24M over 4). That's not enough to be successful. So rather than be a bubble-team at best each year, stagger that $24M over 4 years. I'd rather see us spend $10M, 10M, 2M & 2M. Go for it for 2 years and rebuild for 2 of the years.

This is just an example but we must think differently and be bold otherwise we'll keep getting left out of the NCAAT.

Now is the time to raise the budget. We have 2 difference-makers - a 2nd team All-BE PG and a potential all conference Big man. In addition we have 4-5 other rotation players who can return. A cash infusion now would go a long way in bringing back the core and leave money to build around them.

Glad I'm not the only one barking up this tree! Many schools have been making rev gen moves over the past year, including Rutgers who announced a huge one last week. Now, I don't think we have a need to copy RU's massive step of spinning all of its business operations off from the athletic department into a separate business entity, but we do need to stop treating them as an afterthought direct real resources to them.

 

[Gritty5837]

This year $8-9 Million was the average and what you needed to compete. This article agrees with the 25% inflation I predict for this Spring. $10-12M will likely be the average this season.

Seton Hall is always years behind the trends in the industry. Currently we are missing the boat on revenue creation. Schools are amassing staff to make corporate deals, find opportunities to leverage the OOC schedule, generate ticket sales and run fundraising campaigns. Sure we had Mike McBride for a year but we need more than 1 crony for a year. You have to spend money to make money.

Until we figure out the revenue creation, the University needs to pony up. At the very least we need to pick our spots strategically when it makes sense to invest more on the roster. Maybe we can spend extra one out of every 3 years. Maybe we spend more for 2 straight years then go into a "rebuilding" period where we spend less and try to develop younger/cheaper players. We are better served using a staggered budget than spending the same insufficient amount every year.

Say we have $6M per year allocated for the next 4 years ($24M over 4). That's not enough to be successful. So rather than be a bubble-team at best each year, stagger that $24M over 4 years. I'd rather see us spend $10M, 10M, 2M & 2M. Go for it for 2 years and rebuild for 2 of the years.

This is just an example but we must think differently and be bold otherwise we'll keep getting left out of the NCAAT.

Now is the time to raise the budget. We have 2 difference-makers - a 2nd team All-BE PG and a potential all conference Big man. In addition we have 4-5 other rotation players who can return. A cash infusion now would go a long way in bringing back the core and leave money to build around them.

Great post. I’ve argued the best ROI would be into a scouting/personnel department, have your programs reputation be incredibly strong FO wise to attract the best young scouting & personnel people.

I have no idea if that would work, just trying to be creative. As are you. Seton Hall needs some creativity to compete in this era (and it can be done).