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The House Settlement was approved

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DaytonRickster

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Tom McAndrew said:
www.avca.org

AVCA Responds to NCAA Settlement

The AVCA joins other sports coaches associations respond to the House settlement by calling on Congress to protect Olympic sports programs.
www.avca.org www.avca.org
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This is a long way from being over. We should all be concerned that Olympic sports might be sacrificed - especially at lower divisions - to continue to fund the voracious appetite of major college football and basketball players.
Unfortunately Congress might cause more of a problem instead of helping with a solution given their record.
 
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Midnighter

Midnighter

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And more new, outside money enters the mix…



This Is Crazy Sheldon Cooper GIF by CBS
 
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Thorndike2021

Thorndike2021

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The courts just tossed the next hand full of dirt on what WAS collegian sports. What springs up when the grass starts to grow on the grave could be good or bad. Stay tuned!
 
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BobPSU92

BobPSU92

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“Starting at quarterback for Penn State today against Nevada is Jaxon Smolik, as number-one quarterback Drew Allar continues his contract holdout…”

😞
 
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BobPSU92

BobPSU92

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Midnighter said:
That’s the point - there are no contracts….at least ones that have any teeth.
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I just a$$ume they aren’t done f*cking things up.

O.K., contract, schmontract. Kids wanna get paid. They will push for more and more cash money. The money their schools are pulling in isn’t a secret.
 
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Midnighter

Midnighter

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Jan 22, 2021
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BobPSU92 said:
I just a$$ume they aren’t done f*cking things up.

O.K., contract, schmontract. Kids wanna get paid. They will push for more and more cash money. The money their schools are pulling in isn’t a secret.
Click to expand...

Don’t look now Bob….

 
Sharkies

Sharkies

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PSUJam said:
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Gee, Sandy baby really knows how to run an athletic department amirite?

Also, side note... there was a guy on the BOT, I think they didn't like what he said one time so they kicked him off it, but I'm pretty sure he had a good picture of our financial situation and it wasn't too rosy.... and the University (and idiot old guard supporters) said, na, we're good, we're gonna go ahead with building this monstrosity of a stadium, financials be damned... even though $20m+ is now going to have to come from somewhere just to pay these guys...

Maybe Franklin can pony up some of the coin? Hm...
 
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PSUJam

PSUJam

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Sharkies said:
Gee, Sandy baby really knows how to run an athletic department amirite?

Also, side note... there was a guy on the BOT, I think they didn't like what he said one time so they kicked him off it, but I'm pretty sure he had a good picture of our financial situation and it wasn't too rosy.... and the University (and idiot old guard supporters) said, na, we're good, we're gonna go ahead with building this monstrosity of a stadium, financials be damned... even though $20m+ is now going to have to come from somewhere just to pay these guys...

Maybe Franklin can pony up some of the coin? Hm...
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I mean, Kraft said it's not true. Elevate was announced as our ticketing partner long ago. Is it bad reporting? Maybe. I'll take Kraft's word on it.
 
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Sharkies

Sharkies

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PSUJam said:
I mean, Kraft said it's not true. Elevate was announced as our ticketing partner long ago. Is it bad reporting? Maybe. I'll take Kraft's word on it.
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I'm not even saying Kraft is lying... but we have a new $20m budget hole that we previously didn't have to fill... plus, now the stadium tranche..
 
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PSUJam

PSUJam

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Oct 7, 2021
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Sharkies said:
I'm not even saying Kraft is lying... but we have a new $20m budget hole that we previously didn't have to fill... plus, now the stadium tranche..
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Last season we made an additional $14m for playoff appearances and $9m to cover expenses, according to this article.

Screenshot_20250609_171219_Chrome.jpg

businessofcollegesports.com

College Football Playoff Payouts 2025-2026

How much do teams make for the College Football Playoff? We've got the 2023-24 revenue distribution plan plus payouts from past years.
businessofcollegesports.com businessofcollegesports.com
 
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Bkmtnittany1

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PSUJam

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PSUJam

PSUJam

Heisman
Oct 7, 2021
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Midnighter said:
How are we gonna pay for private jets and condos?



Also - CBS Sports article is pretty good. Think PSU is trying to be coy about what exactly PSU is getting here.

www.cnbc.com

Sports agency Elevate launches $500 million college investment as payment landscape evolves

A rapidly evolving college sports landscape has led to many schools seeking out new ways to generate revenue.
www.cnbc.com www.cnbc.com
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Check out that Texas School Fund. Does this mean the taxpayers of Texas are going to be funding programs that the Longhorns play against?
 
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