SEC Payout Per School $31.2 Million, LINK!

[CaptainSidneyReilly]

SEC to distribute $31.2 million in revenue per school

Being in a Power Five conference pays rather well, folks.

The SEC announced Friday that it came into quite a bit of money last year, pulling in $455.8 million in revenue. That's a lot of money! And it also means that each of the 14 schools in the conference will be pulling in $31.2 million.

“The ability to provide a significant distribution of revenue is more critical than ever for our institutions as they offer more financial and educational benefits to current and former student-athletes,” said SEC commissioner Mike Slive. “Beginning this year, our schools will fund new costs associated with providing scholarships based on full cost of attendance, enhance lifetime educational opportunities to former student-athletes and they are developing new facilities such as athletic nutrition centers to the benefit of student-athletes.”

To put the amount of money in perspective, last year at this time the SEC announced that each of its schools would receive a $20.9 million payout, so in only one year, the payout has increased by over $10 million per school.

See, the problem for all of us growing up was that our parents told us we needed to go to school instead of being a school. It's on us to make sure we do a better job teaching the next generation.

In other news, the SEC will also be increasing the fine for rushing the field after games to $50,000 upon the first offense. The previous fine was only $5,000.

Gee, I sure hope the schools can afford to pay it.

http://www.cbssports.com/collegefootball/eye-on-college-football/25199144/report-sec-to-distribute-31-million-in-revenue-per-school

 

[CaptainSidneyReilly]

SEC to distribute $31.2 million in revenue per school

Being in a Power Five conference pays rather well, folks.

The SEC announced Friday that it came into quite a bit of money last year, pulling in $455.8 million in revenue. That's a lot of money! And it also means that each of the 14 schools in the conference will be pulling in $31.2 million.

“The ability to provide a significant distribution of revenue is more critical than ever for our institutions as they offer more financial and educational benefits to current and former student-athletes,” said SEC commissioner Mike Slive. “Beginning this year, our schools will fund new costs associated with providing scholarships based on full cost of attendance, enhance lifetime educational opportunities to former student-athletes and they are developing new facilities such as athletic nutrition centers to the benefit of student-athletes.”

To put the amount of money in perspective, last year at this time the SEC announced that each of its schools would receive a $20.9 million payout, so in only one year, the payout has increased by over $10 million per school.

See, the problem for all of us growing up was that our parents told us we needed to go to school instead of being a school. It's on us to make sure we do a better job teaching the next generation.

In other news, the SEC will also be increasing the fine for rushing the field after games to $50,000 upon the first offense. The previous fine was only $5,000.

Gee, I sure hope the schools can afford to pay it.

http://www.cbssports.com/collegefootball/eye-on-college-football/25199144/report-sec-to-distribute-31-million-in-revenue-per-school

 

[CaptainSidneyReilly]

SEC coaches are increasingly skeptical of cost of attendance figures

DESTIN, Florida -- By nature, football coaches can be a distrusting group of people. Now multiply that 10-fold in the SEC, throw in new money for players that in some cases will differ by a couple thousand dollars between schools, and you get skeptical SEC eyes over cost of attendance.

To be clear: SEC coaches want players to have extra money in their pockets and are glad it's happening. But many wonder how some of their rivals' financial aid offices calculated their numbers based on federal guidelines, and how it's going to work for individual students when they petition their school for more money.

Alabama coach Nick Saban even called for a cap on cost of attendance, similar to the NFL's salary cap. He apparently did not realize that legally it's impossible to do that now. A federal judge's ruling in the Ed O'Bannon case allows in part the NCAA to cap the amount of new money that FBS football players and Division I men's basketball players receive in school, but the cap cannot be an amount less than the athletes' cost of attending school.

For years, athletic scholarships have not covered the individual numbers school lists as the full cost of attending college. That changes this year when athletic scholarships can include not only the traditional tuition, room, board, books and fees, but also incidental costs of attending college.

Those numbers vary by school. Within the SEC, Tennessee, Auburn and Mississippi State all offer more than $5,000 per player, and schools such as Georgia, LSU and Florida are under $4,000. Although no one knows how much of a factor cost of attendance will have in a recruit's decision, coaches with high numbers are promoting them as an advantage.

“You don't want to have a system that sort of enhances people having any kind of fraudulent behavior that would create an advantage for themselves,” said Saban, whose school has not released its cost of attendance number yet publicly. “I think it's really important that we all have the same criteria and nothing can be used to create an advantage, and I guess the best way to do that would be transparency.” (MAYBE ALL COACHES SHOULD BE PAID JUST 2 MILLION TOO????)

The SEC has spent time at its spring meetings this week discussing transparency. Future SEC commissioner Greg Sankey said the ideas are similar to legislation the SEC introduced nationally, meaning schools would report to the SEC office any cost variances resulting from players winning individual appeals at their schools. Some schools provide individualized assessments of cost of attendance figures.

“We also had a conversation about methodology reporting and how that's determined, but people have observed that's being done in financial aid offices in accordance with federal regulations and the discussion is whether or not that's needed,” Sankey said.

On Friday, the SEC passed rules to provide transparency on how its schools handle cost of attendance. Each year, schools will provide to the SEC office a report identifying the value of their “other expenses” related to cost of attendance and the methodology used to determine the value, including any miscellaneous amounts. Schools will also report to the SEC after each semester any individual variances provided to athletes for cost of attendance.

LSU athletic director Joe Alleva said the basic components of cost of attendance should be the same at each school, such as the cost of a laptop computer for an athlete or the number of trips provided home for an athlete. LSU's cost of attendance average number is around $3,100.

“I think the more things we can define and all agree upon, I think it would narrow down the scope of that cost of attendance number so it wouldn't be such a great difference between schools,” Alleva said.

In January, the SEC unsuccessfully attempted to pass a proposal through Power Five autonomy that would require schools to regularly file a report to the NCAA explaining individual cost of attendance variances. SEC officials still don't understand why the vote failed to pass.

http://www.cbssports.com/collegefootball/writer/jon-solomon/25199127/sec-coaches-are-increasingly-skeptical-of-cost-of-attendance-figures

 

[Willie Lump]

Any idea what Pitt's stipend to players is? I can't seem to find ant info on this.

 

[CaptainSidneyReilly]

Any idea what Pitt's stipend to players is? I can't seem to find ant info on this.

LINK;
Barnes confirmed an earlier report in The Chronicle of Higher Education that Pitt's student-athletes will receive an extra $3,300. That trails only Louisville ($5,202), Florida State ($3,884) and Clemson ($3,608) in the ACC and is 40 percent above recruiting rival West Virginia (yet far short of Penn State's $4,788).

Read more: http://triblive.com/sports/college/pitt/8326466-74/barnes-pitt-acc#ixzz3beP7bKzb

 

[Willie Lump]

LINK;
Barnes confirmed an earlier report in The Chronicle of Higher Education that Pitt's student-athletes will receive an extra $3,300. That trails only Louisville ($5,202), Florida State ($3,884) and Clemson ($3,608) in the ACC and is 40 percent above recruiting rival West Virginia (yet far short of Penn State's $4,788).

Read more: http://triblive.com/sports/college/pitt/8326466-74/barnes-pitt-acc#ixzz3beP7bKzb

That trails PSU by almost $1,500. If used as a recruiting tool and challenging State, I'd say that sets Pitt back just a little further back getting the top players. Though recruits will probably not admit it, you have to believe it's in the back of their minds.

 

[CaptainSidneyReilly]

Penn State has many advantages over Pitt as far as recruiting is concern not just this one aspect. Yet, Pitt still Recruits better Players that play faster and do better in the NFL, even though Penn State has produced more since 1960- until today?

Penn State does not just have that advantage but has over 3,000 Sumer Camp Recruits from 8th to 12th Grade coming to Penn State and that is Recruiting Pipeline Advantage only equal to Notre Dame, Michigan, and Ohio State in the Big Ten! UMD, WVU, Cuse, BC, Rutgers, UVA, and Pitt is lucky to have 300 in any summer.

Yet, Pitt still found better Recruits and turn them into better Players in the NCAA and NFL Record and Awards, even twice as less Players in the NFL! and that is from 1960 to Today!

Moreover, Penn State has High School Coaching Clinics that invited as many as 700 High School Coaches to Penn state and that sets up great relationships with their Players and coaches too. This has ben reduced since the Sanctions and losses caused by the Scandal but is still bigger than anything Maryland, Virginia, WVU, Rutgers, and Pitt have too! Another great advantage!

Still, Pitt needs to rebuild the High School Coaching relationships that Wannstedt did but Pederson ruined. even right now Paul Chryst has Wisconsin recruiting in the 60's with Pitt in current Rankings, but it is early.

In addition, Penn State in the Big Ten is allow to have 145 Players Rosters and that means they can invite and afford way more Walk-Ons that often become 5 Year Role Players above the 85 Scholarships limit over 4 Years? It is these Role Players that can fill in for Players when Injuries occur! Cuse, Virginia, Rutgers, Pitt and Maryland often cannot afford more than 105 Roster Players?

On the other hand, when Top 4 & 5 Star Recruits in Marmo and Morelli chose Penn State over Pitt and then trashed Pitt, neither did well at Penn State and Marmo was told he won't be given a 5th year by Paterno, and neither were NFL material!

Compare that to Fitzgerald and McCoy that chose Pitt over Penn State during the same Time Periods and produced NCAA & NFL Records and have done far better than any Penn State current players in the NFL?

TWO LINKS:
Larry Fitzgerald: Why I Almost Went to PSU
“On our way driving to visit Penn State it was raining really hard and the visibility wasn’t good enough so we spent the night in Pittsburgh,” Fitzgerald said. “My high school coach told me that Tony Dorsett and Dan Marino and Mike Ditka went there and that there were a lot of great players who went there. So we went over to their facility and the coaches didn’t know we were coming. I met the coaches and we gave them my tape and that was how the relationship started.”
http://onwardstate.com/2009/01/29/larry-fitzgerald-why-i-almost-went-to-psu/

More than 10 years ago, this attitude led to a life-changing decision. He said no to Joe Paterno, who wanted Fitzgerald to play linebacker, to be part of a great Penn State tradition. "I played linebacker all the way up to my senior year in high school," Fitzgerald said. "I was heavily recruited as a defensive player. I had about 25 to 30 offers coming out, and probably 70 percent of them were defensive offers. I grew up watching Penn State, and was really enamored by the defense at Linebacker U." Except Fitzgerald was chasing something else, and he did something rare. Like Tony Dorsett, he chose the University of Pittsburgh instead, where Fitzgerald would be the team's star wide receiver, catching 34 touchdown passes in two seasons before jumping all the way to the NFL.
http://www.cardiachill.com/2012/7/18/3167741/larry-fitzgerald-pitt-football-penn-state-joe-paterno-pittsburgh-panthers-arizona-cardinals

McCoy & Fitzgerald were smart recruits knowing they could play faster at Pitt than Penn State and that turned them into better NFL Players than Penn State has been able to produce to date these last 11 Years?

Sitting a bench at Penn State instead of playing at Pitt is not an advantage for Penn State Players! Even for $1500 more? These Pitt guys made millions even over the PSU Players in the Pros right now!

That trails PSU by almost $1,500. If used as a recruiting tool and challenging State, I'd say that sets Pitt back just a little further back getting the top players. Though recruits will probably not admit it, you have to believe it's in the back of their minds.

 

[Pghfan]

ive read big 10's new contract will give schools 40+ million annually. Speculation of course but that is sick if even close to being true... I know I should be happy with acc but damn it's hard not to ask what if.

 

[ricflair4LIFE]

All this money will surely keep everyone honest.

 

[CaptainSidneyReilly]

I am told by some Sports Lawyers could be $45 to $60 Million!

The Big Ten Network is now almost done paying Start Up Costs to Fox Network that helped set it up and owns 49%! Once those costs are over it is all gravy from there! One reason why Maryland went to Big Ten, plus their hate for Carolina running the ACC!

ive read big 10's new contract will give schools 40+ million annually. Speculation of course but that is sick if even close to being true... I know I should be happy with acc but damn it's hard not to ask what if.

 

[palsutiger]

The money distributed by the SEC was for only 9 months of SEC Network in operation. Next year the number will be closer to $40million per school. A bigger side issue for all schools will be the number of athletes that will get COA payments. It will also cover non-revenue based sports and most definitely women's sports. The overall costs to universities, and the potential use of them across all sports, will be used in recruiting and also take a bite out the increased television revenue.

 

[CaptainSidneyReilly]

Thank you for adding all that valuable info for all of us to understand and share on the Lair. Right now and always has been, CFB was never on an even playing field as some programs resources are advantages that often drive up the Cost on more Programs faster than Revenues for just a few?

I look for the CF Power Conferences to form a For Profit League that will even out payments and benefits to all players as well as reduce Rosters to save costs and increase control over shared revenues!

At the same time, the ACC has to suffer as ACC Commissioner Swofford selfishly misused the league and his position to give his UNC Alumnus Friend that has employed his son with ACC games that have delayed the ACC Network and this Conflict of Interests as far as I am concern is why the ACC is the only League without a National Network yet among the Power Conferences? This can put the ACC in Jeopardy as the Big Ten, SEC, and PAC-12 keep increasing their revenues with Networks and have a jump on the ACC!

Any thoughts on this aspect of why the ACC is so slow and correcting my perception?

The money distributed by the SEC was for only 9 months of SEC Network in operation. Next year the number will be closer to $40million per school. A bigger side issue for all schools will be the number of athletes that will get COA payments. It will also cover non-revenue based sports and most definitely women's sports. The overall costs to universities, and the potential use of them across all sports, will be used in recruiting and also take a bite out the increased television revenue.

 

[palsutiger]

In my opinion, the ACC's goal is, and has been, protecting it's basketball "brand". The problem is football doesn't share revenues with the NCAA or smaller conferences. The NCAA and the school presidents, especially the non-Division I schools, were unwilling or unable to accept the chasm that existed between their Machavallian model and the increasing financial and business realities of Division I football in particular. The archaic rules, the unwillingness to provide stipends (yes the Big 10 opposed them as well) all set this in motion. The fact that Duke woke up is a sign that they understand the changing landscape. UNC is the mystery as far as football. Longer term money will continue to talk. If the SEC or other conferences show the ability to leverage their own networks and grow revenue, while others don't, there will be more realignment of conferences. State schools have seen significant changes as far as state government support. They need the revenue and have sold themselves to college athletics. With television revenue opportunities now exhausted the next thing to be approved will be alcohol sales. It's inevitable. The fact is college football is now a corporate event. It's not about the school, the alumni or the students. Its not about traditions or rivalries. It's about revenue and profits.

 

[cruzer]

SEC coaches are increasingly skeptical of cost of attendance figures

DESTIN, Florida -- By nature, football coaches can be a distrusting group of people. Now multiply that 10-fold in the SEC, throw in new money for players that in some cases will differ by a couple thousand dollars between schools, and you get skeptical SEC eyes over cost of attendance.

To be clear: SEC coaches want players to have extra money in their pockets and are glad it's happening. But many wonder how some of their rivals' financial aid offices calculated their numbers based on federal guidelines, and how it's going to work for individual students when they petition their school for more money.

Alabama coach Nick Saban even called for a cap on cost of attendance, similar to the NFL's salary cap. He apparently did not realize that legally it's impossible to do that now. A federal judge's ruling in the Ed O'Bannon case allows in part the NCAA to cap the amount of new money that FBS football players and Division I men's basketball players receive in school, but the cap cannot be an amount less than the athletes' cost of attending school.

For years, athletic scholarships have not covered the individual numbers school lists as the full cost of attending college. That changes this year when athletic scholarships can include not only the traditional tuition, room, board, books and fees, but also incidental costs of attending college.

Those numbers vary by school. Within the SEC, Tennessee, Auburn and Mississippi State all offer more than $5,000 per player, and schools such as Georgia, LSU and Florida are under $4,000. Although no one knows how much of a factor cost of attendance will have in a recruit's decision, coaches with high numbers are promoting them as an advantage.

“You don't want to have a system that sort of enhances people having any kind of fraudulent behavior that would create an advantage for themselves,” said Saban, whose school has not released its cost of attendance number yet publicly. “I think it's really important that we all have the same criteria and nothing can be used to create an advantage, and I guess the best way to do that would be transparency.” (MAYBE ALL COACHES SHOULD BE PAID JUST 2 MILLION TOO????)

The SEC has spent time at its spring meetings this week discussing transparency. Future SEC commissioner Greg Sankey said the ideas are similar to legislation the SEC introduced nationally, meaning schools would report to the SEC office any cost variances resulting from players winning individual appeals at their schools. Some schools provide individualized assessments of cost of attendance figures.

“We also had a conversation about methodology reporting and how that's determined, but people have observed that's being done in financial aid offices in accordance with federal regulations and the discussion is whether or not that's needed,” Sankey said.

On Friday, the SEC passed rules to provide transparency on how its schools handle cost of attendance. Each year, schools will provide to the SEC office a report identifying the value of their “other expenses” related to cost of attendance and the methodology used to determine the value, including any miscellaneous amounts. Schools will also report to the SEC after each semester any individual variances provided to athletes for cost of attendance.

LSU athletic director Joe Alleva said the basic components of cost of attendance should be the same at each school, such as the cost of a laptop computer for an athlete or the number of trips provided home for an athlete. LSU's cost of attendance average number is around $3,100.

“I think the more things we can define and all agree upon, I think it would narrow down the scope of that cost of attendance number so it wouldn't be such a great difference between schools,” Alleva said.

In January, the SEC unsuccessfully attempted to pass a proposal through Power Five autonomy that would require schools to regularly file a report to the NCAA explaining individual cost of attendance variances. SEC officials still don't understand why the vote failed to pass.

http://www.cbssports.com/collegefootball/writer/jon-solomon/25199127/sec-coaches-are-increasingly-skeptical-of-cost-of-attendance-figures

Funny stuff coming from a guy is who making close to $7M a year. Maybe we should cap coaches salaries.

 

[CaptainSidneyReilly]

The Talk at the NCAA under Oliver Luck is saying that NCAA will hold onto March Madness as it is for now!

However, Football with all the 85 Scholarships and 105 to 145 to 190 Rosters is going to go for major changes along with those Corporate Events and why i see a For Profit League and we shall see? Also, great way to get around Title IX!

In my opinion, the ACC's goal is, and has been, protecting it's basketball "brand". The problem is football doesn't share revenues with the NCAA or smaller conferences. The NCAA and the school presidents, especially the non-Division I schools, were unwilling or unable to accept the chasm that existed between their Machavallian model and the increasing financial and business realities of Division I football in particular. The archaic rules, the unwillingness to provide stipends (yes the Big 10 opposed them as well) all set this in motion. The fact that Duke woke up is a sign that they understand the changing landscape. UNC is the mystery as far as football. Longer term money will continue to talk. If the SEC or other conferences show the ability to leverage their own networks and grow revenue, while others don't, there will be more realignment of conferences. State schools have seen significant changes as far as state government support. They need the revenue and have sold themselves to college athletics. With television revenue opportunities now exhausted the next thing to be approved will be alcohol sales. It's inevitable. The fact is college football is now a corporate event. It's not about the school, the alumni or the students. Its not about traditions or rivalries. It's about revenue and profits.

 

[CaptainSidneyReilly]

NCAA attempted that at one time, A Coaching Salary Step Plan", and it shot down by the courts. However, the States can regulate any College getting state funds and they did that in California. yet, to get around it, Schools use Boosters Money to pay the higher salaries above the State Limits!

Funny stuff coming from a guy is who making close to $7M a year. Maybe we should cap coaches salaries.

 

[palsutiger]

The Talk at the NCAA under Oliver Luck is saying that NCAA will hold onto March Madness as it is for now!

However, Football with all the 85 Scholarships and 105 to 145 to 190 Rosters is going to go for major changes along with those Corporate Events and why i see a For Profit League and we shall see? Also, great way to get around Title IX!

The Federal Government, Department of Education and women's groups will not let there be a way around title IX. The fact is they are making it tougher and a lot more onerous. Before there was three ways to be in compliance, the Department of Education is now only using one: proportionality. It will eliminate young men that might walk-on for a variety of sports and deny them opportunities . The athletic departments are already telling coaches they need to limit rosters for non-revenue sports.
The concession to the NCAA will they will get basketball revenue but they will no longer determine the rules, the five main conferences will. Those conferences don't want the cost of having to build a compliance/enforcement infrastructure. The fact is the NCAAs hubris on several matters has been it's undoing.

 

[CaptainSidneyReilly]

The Federal Government, Department of Education and women's groups will not let there be a way around title IX. The fact is they are making it tougher and a lot more onerous. Before there was three ways to be in compliance, the Department of Education is now only using one: proportionality. It will eliminate young men that might walk-on for a variety of sports and deny them opportunities . The athletic departments are already telling coaches they need to limit rosters for non-revenue sports.

I am going to respectfully disagree, once it is a for Profit League, the Non-Profit Title IX will have a tough time applying since no Education Funds will be related anymore. Also, the reduction of Scholarships will happen and will reduce the Title IX Ratio! Just what some Sports Academics & Sports Lawyers have told me, not gospel!

The concession to the NCAA will they will get basketball revenue but they will no longer determine the rules, the five main conferences will. Those conferences don't want the cost of having to build a compliance/enforcement infrastructure. The fact is the NCAAs hubris on several matters has been it's undoing.

I agree, now that the Court Cases have come out and the Power Conferences run the NCAA the BB is safe for now, but that will go sooner or later as Corporate Sponsors come on Board to replace the NCAA.

 

[Sean Miller Fan]

ive read big 10's new contract will give schools 40+ million annually. Speculation of course but that is sick if even close to being true... I know I should be happy with acc but damn it's hard not to ask what if.

Not true. Cable is going away and everyone will stream Big Ten games on Netflix for free. This is what I've been told.