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Syracuse Athletics
Syracuse Men's Basketball Board
Can Someone Explain Moore's Season to Me?
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[QUOTE="Consigliere, post: 5354607, member: 559"] 1. Good question. Money comes from the Athletics Department which breaks even at best. Funding needs to come from additional donations, additional revenue streams like the shared pool from the expanded CFP, reallocation of donor funds from facilities to direct payments to athletes or cost cutting measures. 2. The $2.5MM covers the additional scholarships allowed by House. Football alone goes from 85 to 105, and while this is now a roster cap and not a scholarship limit, the cost of each scholarship over 85 goes against the $20.5MM up to $2.5MM. 3. Donations to collectives can fund additional payments to athletes. Businesses or individuals can still engage in NIL transactions outside either of these channels. Donations to the school’s athletic programs in excess of the $2.5MM cannot be used for direct payments. 4. Proposed settlement is for all third party transactions to be subject to clearinghouse review. The pushback on this proposal has been significant but now coaches groups are coming out in support of it. Will be interesting to see if this survives the April hearings. 5. The Vegas tournament lump sum payment goes to the school’s preferred collective. Collective could conceivably use as they see fit but expectation is that 100% will go to men’s basketball. There will also be one off opportunities for individual players in and around Vegas during the tournament. Hope this helps. Very dynamic environment and things can change but this is essentially where we are today. [/QUOTE]
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