"Failure to reach $10 million over three years could jeopardize a school's membership."
Interesting.
$3M is no paltry sum for these guys. Of course, it's gonna be stretched across 3 years and (mostly) two sports, but I was looking through the compiled data from USAToday and they're not exactly sitting on piles of cash.
Profit from available data (March/24):
Cincy - $7M
Houston - $4.2M
Memphis - $0 (Must do math like we do, have to cover losses with fees and get to flat)
SFU - -$6M (wowsers)
ECU - $800K
As always, will be interesting to see how these schools adapt and if it rolls out to others. Gonna be a lot of capologists added to these front ofices.
https://sportsdata.usatoday.com/ncaa/finances