Washington chose to be included amongst the “haves,” i.e., SEC or B1G. That choice comes at a price. Namely, B1G money. Let’s hope Pat Chun’s reputation for fundraising magic bears fruit. It will need to from this point forward. One can only guess at what Washington’s total football player payroll (direct payments from the school + NIL) will be. And, it’ll grow every year. The money raised for that purpose year in and year out competes directly with money to improve facilities, retire debt, and so on.
The glass half-empty is that money will be tight for the foreseeable future. The glass half-full is that Washington is in one of the two “have” conferences. (Anyplace else appears to be drifting quickly towards irrelevance, in football specifically.) I’m grateful we have a head coach in Jedd Fisch who has the attitude, intelligence, and coaching chops to make it work in the B1G. If the program has enough money.
The ripple effect of the PAC-12’s collapse will be long in duration. School presidents and ADs made terrible choices in conference leadership and then didn’t care to hold them accountable.
Big news!!! I am sure you have lots in the works to cover various aspects of the House settlement and the various dominos resulting from that. I would be super curious to learn more about the enforcement org that will review all NIL deals over $600. Given the track record of the NCAA as an enforcement agency (read: ignoring most stuff and occasionally making an example of some lesser school), put me in the bucket of "I will believe it when I see it" with any new enforcement.
Off-topic comment: I keep reading that the Huskies need to get bigger to compete with Big 10 teams. But whenever I checked, the Huskies were as big or bigger than their Big 10 opponents. I think it was against Iowa when I heard the the announcers saying that our O-line needs to be bigger to compete. But I checked, and our O-line was bigger than theirs. I would guess that what we actually need to do is to get "better and stronger."
Can the Regents simply decide at some point to pay off Husky stadium outside of the athletic budget or at least provide some relief? Seems that is a big part of the deficit right now.
What this tells me is that schools like Oregon are still going to be able to give NIL money from Phil Knight to players, but the players are going to have to work for it in some capacity, and it's probably going to take a few years to iron out what is fair market value, and at least a few court cases to set precedence.
Maybe it's just me, but Jenn moves to USC then we get (and Oregon) invited to join the BIG 10 and simultaneously get kicked in the nuts with revenue sharing. We go on to play for the National Championship and then last year Oregon wins the BIG 10. Obviously, we and the Ducks have more than held up our end of the national "prominence" pursuit, and now we're left begging for interest free loans to continue. Jenn and her new friends at UCLA are allowed to take a dump in church and are paid handsomely for it.
Added expenses and a reduced share for the first six years. A much bigger piece of the pie coming down the road will allow us to pay back the loans, then the next pie will be a windfall that allows us the opportunity to keep up with the Joneses a little easier. Time is on our side.
True. The whole model could change drastically. But whatever does happen after this initial phase, I think we are in a much better position to capitalize on it than we were. On top of that, CBS Sports says that the B1G and SEC are the winners in this change and will be able to cash in on the next TV contract.
And right on cue, Judge Wilken approved the House settlement.
Washington chose to be included amongst the “haves,” i.e., SEC or B1G. That choice comes at a price. Namely, B1G money. Let’s hope Pat Chun’s reputation for fundraising magic bears fruit. It will need to from this point forward. One can only guess at what Washington’s total football player payroll (direct payments from the school + NIL) will be. And, it’ll grow every year. The money raised for that purpose year in and year out competes directly with money to improve facilities, retire debt, and so on.
The glass half-empty is that money will be tight for the foreseeable future. The glass half-full is that Washington is in one of the two “have” conferences. (Anyplace else appears to be drifting quickly towards irrelevance, in football specifically.) I’m grateful we have a head coach in Jedd Fisch who has the attitude, intelligence, and coaching chops to make it work in the B1G. If the program has enough money.
The ripple effect of the PAC-12’s collapse will be long in duration. School presidents and ADs made terrible choices in conference leadership and then didn’t care to hold them accountable.
Ridiculous. You don’t cripple the golden goose. Business 101.
Thanks for the report CC. Always appreciated.
Big news!!! I am sure you have lots in the works to cover various aspects of the House settlement and the various dominos resulting from that. I would be super curious to learn more about the enforcement org that will review all NIL deals over $600. Given the track record of the NCAA as an enforcement agency (read: ignoring most stuff and occasionally making an example of some lesser school), put me in the bucket of "I will believe it when I see it" with any new enforcement.
Off-topic comment: I keep reading that the Huskies need to get bigger to compete with Big 10 teams. But whenever I checked, the Huskies were as big or bigger than their Big 10 opponents. I think it was against Iowa when I heard the the announcers saying that our O-line needs to be bigger to compete. But I checked, and our O-line was bigger than theirs. I would guess that what we actually need to do is to get "better and stronger."
Can the Regents simply decide at some point to pay off Husky stadium outside of the athletic budget or at least provide some relief? Seems that is a big part of the deficit right now.
Does this make you hopeful, or are you skeptical that these guys will be able to reign in the uber boosters and take away their monetary advantages?
https://www.espn.com/college-sports/story/_/id/45479869/conference-commissioners-bullish-enforcing-new-nil-rules
What this tells me is that schools like Oregon are still going to be able to give NIL money from Phil Knight to players, but the players are going to have to work for it in some capacity, and it's probably going to take a few years to iron out what is fair market value, and at least a few court cases to set precedence.
The first time that clearinghouse denies a third-party booster deal, this thing is headed to court.
Great article CC.
Wow!! You talk about a tough time to be switching conferences, OMGOODNESS!
UW was in an “incredibly” tough spot! And throwing in that COVID yr! Ouch!
It was the “right move” though. They will be better in the end!
Just going to be a rough couple yrs ‘til they get everything figured $ wise!
I am also a big UW Softball fan, and watching what Texas Tech did with Canady, brings to mind they need to spread this money out to other UW Athletes.
Wow, tough job for the person doing that!
Maybe it's just me, but Jenn moves to USC then we get (and Oregon) invited to join the BIG 10 and simultaneously get kicked in the nuts with revenue sharing. We go on to play for the National Championship and then last year Oregon wins the BIG 10. Obviously, we and the Ducks have more than held up our end of the national "prominence" pursuit, and now we're left begging for interest free loans to continue. Jenn and her new friends at UCLA are allowed to take a dump in church and are paid handsomely for it.
Really good numbers there, good to see! In a really good spot right now.
House settlement approved.
I’m speechless. No. I’m disgusted by the whole chain of events. The fiscal malfeasance is beyond the pale.
It’s the reality of joining the Big Ten. Was always going to be this way, with House v. NCAA looming.
How so?
Added expenses and a reduced share for the first six years. A much bigger piece of the pie coming down the road will allow us to pay back the loans, then the next pie will be a windfall that allows us the opportunity to keep up with the Joneses a little easier. Time is on our side.
I think it’s hard to say what’s going to happen conference revenue wise in ~5 years. That’s a long time in college football right now.
True. The whole model could change drastically. But whatever does happen after this initial phase, I think we are in a much better position to capitalize on it than we were. On top of that, CBS Sports says that the B1G and SEC are the winners in this change and will be able to cash in on the next TV contract.