UConn is truly a fascinating case study as an AD with the success they have had all while operating with Enron's balance sheet.
Part of the driver here has to be the $22 million schools can pay for NIL.
Too hoops programs are expected to spend about $7 million for NIL for hoops alone.
That would eat up all the tv revenue UConn gets.
As noted, they Ate already losing $53 million a year. It is likely going to go to $60 million.
How can they stay competitive in hoops unless they spend this money? Where will it come from?
If UConn can’t join football until 2031, that tells me they would not get a full revenue cut until at least then. Playing all sports except hoops, they would surely get. Partial payouts?
How much?
I believe ND gets 20%. I believe the B12 pays out about $32 million per year for full members. If UConn gets the ND cut, they would get 20% of $32 million, which is right about the &7 million they get now.
But they would have to pay the $30 million BE buyout too.
I don’t get how this sense sense for UConn. Maybe the tv networks have agreed to pay UConn directly and bump the pay over what ND gets to make this happen?
Would guess they need to get at least $15 million a year for this to make sense. Remember, they would have to spend a lot more in travel costs playing a B12 schedule.