Toggle sidebar

The House Settlement was approved

D

DaytonRickster

All-Conference
May 29, 2001
2,336
2,760
113
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
Click to expand...
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.
 
  • Like
  • Sad
  • Angry
Reactions: Bison13, BobPSU92, Bkmtnittany1 and 1 other person
Midnighter

Midnighter

Heisman
Jan 22, 2021
11,410
18,759
113
And more new, outside money enters the mix…



This Is Crazy Sheldon Cooper GIF by CBS
 
  • Like
  • Sad
Reactions: Bison13 and BobPSU92
Thorndike2021

Thorndike2021

All-Conference
Mar 1, 2012
721
1,569
93
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!
 
  • Sad
Reactions: BobPSU92
BobPSU92

BobPSU92

Heisman
Aug 22, 2001
42,482
33,067
113
“Starting at quarterback for Penn State today against Nevada is Jaxon Smolik, as number-one quarterback Drew Allar continues his contract holdout…”

😞
 
  • Like
Reactions: Bison13
BobPSU92

BobPSU92

Heisman
Aug 22, 2001
42,482
33,067
113
Midnighter said:
That’s the point - there are no contracts….at least ones that have any teeth.
Click to expand...

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.
 
Last edited:
  • Like
Reactions: Bison13
Midnighter

Midnighter

Heisman
Jan 22, 2021
11,410
18,759
113
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

Senior
Jun 14, 2013
159
469
53
PSUJam said:
Click to expand...

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...
 
  • Like
Reactions: Bison13
PSUJam

PSUJam

Heisman
Oct 7, 2021
12,563
23,467
113
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...
Click to expand...
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.
 
  • Like
Reactions: Bison13
Sharkies

Sharkies

Senior
Jun 14, 2013
159
469
53
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.
Click to expand...
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..
 
  • Like
Reactions: Bison13
PSUJam

PSUJam

Heisman
Oct 7, 2021
12,563
23,467
113
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..
Click to expand...
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
 
  • Like
Reactions: Tgar and Bison13
B

Bkmtnittany1

All-American
Jan 12, 2014
5,390
8,318
113
  • Like
  • Sad
Reactions: BobPSU92 and Nitt1300
PSUJam

PSUJam

Heisman
Oct 7, 2021
12,563
23,467
113
  • Like
  • Haha
Reactions: Bison13 and Midnighter
PSUJam

PSUJam

Heisman
Oct 7, 2021
12,563
23,467
113
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
Click to expand...

Check out that Texas School Fund. Does this mean the taxpayers of Texas are going to be funding programs that the Longhorns play against?
 
You must log in or register to reply here.
Top Bottom