Why not speculate? Isn't that what makes a fan site fun? If I'm throwing out a wild guess, I'll start with what I thought was a clue shared earlier. I think someone (possibly SBH) mentioned that it would impact both basketball and football. If that's the case, it would eliminate any level of enhancements/additions to Peden or Convo (unless it was enough funding for both). So, I'm going to guess that it's a major influx of cash to support NIL payments over the next 2-3 years.
It's got to be difficult to determine how much of your resources should go to facilities vs. go to athletes in the new landscape. Putting a quality product on the field/court could enhance donations going forward, so funding athletes could pay off on both ends if the money is spent effectively.
I noticed the Caresource watermark at the press conferences. There was an effort for naming rights at The Convo going back before the pandemic. It could be something big from them. Based on what I've heard on here its facilities rather than an NIL gift. NIL deals now have to go through a clearinghouse for anything over $600 and they are tied to specific players, not gifts in kind in general. They are marketing deals. Revenue sharing is different and Coach Smith has talked about increasing revenues to increase the payout to players. A large donation from Caresoft as an example could be counted as revenue and theoretically paid out to the players as revshare but it wouldn't be NIL.
My guess though is the gift would be for facilities as that has to be initiated through private funds where the university elects as much revshare as what it thinks it needs.
Major NIL’s are coming straight from the schools now as a result of the NCAA settlement players can still have their own side deal. But a major gift can be known out directly from the university. And absolutely in no manner am I saying that that’s what’s happening?
Universities promote NIL deals and the development of those deals but revenue sharing is something altogether different that can be electively distributed to the players. The revenue sharing cap is 20.5 million but the big revenue schools have big third party NIL collectives to support the players in addition to that which is derived from institutional brand value and marketing value for the highly touted recruits. MAC schools can by any means go up to the 20.5 million level in rev share should the be compelled to do it.
TWIT - if you think OU has revenue sharing dollars, you're crazy. OU doesn't even have enough money to keep the driving range open for its golf teams.
The driving range isn’t run by athletics. The golf team’s biggest problem currently are the losers at the country club (Keller Blackburn) won’t let the Ohio teams use the driving range even the university is essentially paying ACC for the players to be members. Sad state of affairs at ACC currently.
Anyway, every team in the country has revenue dollars available to share. Between ticket revenue and tv deals, Ohio is bringing in 7 figures. Sure, that’s not enough to cover expenses, but that’s the beauty of revenue sharing, not profit sharing.
Sounds petty, small-minded, etc. Wonder if our local councilman has a viewpoint.
Interesting that you bring that up. I just drove by the old driving range not an hour ago and it is completely shut down including the removal of the structure that served as the clubhouse. I'm hoping the city will be able to absorb this into our recreation department and work out an arrangement where the OU golf teams can use the driving range.
If it were me, I'd set up an automated system where golfers could put money into a dispenser, get their bucket of decent balls, and hit away. I'd look into an automated ball retriever machine to gather the balls on a regular basis. I'd sell sign sponsorships to local business for 100, 125, 150 yards, etc. And finally, I'd work out a deal with athletics that would meet their range needs in exchange for the purchase of decent range balls and perhaps a share of the cost of the machines.
As for the country club, I'm not a member so not much to offer on that topic.