The P2 schools make 5x our annual revenue. Five times! And most of their revenue is from media deals, ticket sales and donations while our revenue is mostly from student fees.
This article mentions a possible 22% revenue distribution to players (collectively bargained pro sports are closer to 50%.).
As far as I can tell, our revenue from all sources is running at around $44M annually so 22% is about $9.6M that would go to the players.
Where would this money come from? What would we have to cut to get it? Could we increase donations to cover that? I doubt it.
I don’t think that you can ask students to pay the salaries of other “students” playing sports. That is not right. I wouldn’t have an issue with the players being compensated via media deals, ticket sales and alumni donations. But at North Texas, that ain’t big bucks.
I just worry that the train has left the station on competing in football. Especially since there are teams in the P2 who can afford to pay their BACKUP quarterback more than our entire NIL budget.
And every good player on our football team last season has left our school for more money at other schools. At that point, why even pretend that we can compete for a national championship in football?
And if you can’t win, why not play something else? Let’s find a different level with a sustainable model that provides an opportunity to really compete.
Basketball is a different story because you can put all of your resources into a rotation of just 8 players. And I do believe that we can still compete at a national level in basketball.
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