Thatās what blows my mind. Its bad enough gambling on a Rhode type (not knocking him) to make the jump from small to big school. But to drop a half a mil on oure speculation is ridiculous.
Its one of the reasons the NBA is fine with letting players burn a year im college ao they dont get the nwxt Diop or Kwame.
Plus the market is hitting high after high. I assume this kind of (very) discretionary spending will drop quickly in recessions.
Have to think it has a cap at some point
The entire model is not sustainable. No pro sports league would agree to this set up.
Arent we in a recession though?
I wish I could agree, but the steady climb in coaches salaries suggests otherwise.
True but there are far fewer coaches out there.
Also player empowerment only goes so far. At some point someone will balk at making 17 yr old blk kids millionaires
I know itās to soon to even think about , but any guess on how Ron will differ (if any) from Tony in his NIL approach?
high concentration of ultra wealthy people in this country with very strange hobbies. This aināt your Econ 101.
Going into the season with a bad taste in my mouth. Think Iāll come around after a few games and get a better sense about how this team might perform. I donāt ultimately think Sanchez is going to have a major impact on this season one way or the other. Tony built this team and Sanchez will be a continuation of his coaching style, more or less. Itāll come down to how the players respond.
100% agree and also why i think they cap it at some point whne those young millionaires start wanting to put that money to work.
Probably very little. Itās more a UVA thing, especially going forward with the revenue sharing deal.
Exactly
Ron will be the coach for one year. So no clue if it matters
Self? I guess two years with Headline Hunter is gonna break him
LIke why are guys spending money on this? We need to raise rates again lmao
This reminds me of what CTB said in the presser, calling for a salary cap.
I think itās important to note that a salary cap is the exception. It only exists in the NFL. NBA is trying to make it happen with their tax aprons. MLB not really.
Other sports worldwide (aka soccer), theres no such thing. And all those leagues work just fine.
A salary cap wonāt āsolveā CBB. And I think āsustainabilityā has nothing to do with anything. Money will be spent for personal, not financial returns.
2 thoughts:
Thereās a saying in baseball that the best way to depress salaries would be to make every player a FA every season. Flood the market with supply, depress the prices. Thatās the theory, but itās happening in college sports in real life and the prices keep going up with equilibrium nowhere in sight.
if you look at an NFL team, thereās maybe 2 or 3 guys on a roster doing any endorsements or commercials. The NIL value of 95% of the roster is 0. On a top SEC college team, backup offensive linemen can make 6 figures on endorsements. Itās clear that these are salary equivalents because we know the true value of the NIL of 95% of the players is 0, just align the compensation with the actual economics.
Soccer is moving more towards salary/transfer penalties and caps. England has profit and sustainability rules to cap spending as many clubs were either cheating (claiming revenue from associated companies) or spending too much out of their own means. Leagues are also suffering greatly outside of England.
My guess is in 10 years, a typical UVA vs Wake game on ESPN in February will be watched by half as many people. If itās even still on ESPN because thereās a good possibility most if not all CBB will be on extra tv packages ie ACC Network and subscription streaming services, maximizing the dollars from the shrinking but addicted market base.
There will always be schools where itās huge. Kansas Kentucky etc. Maybe UVA will be included. But I really do think itāll slowly drift into a fringe following. Hope Iām wrong. Love CBB even as screwed up as it as right now. Everything thatās happening is a huge turn off to the majority of fans and I already think thereās a problem of not attracting the next generation of viewers.
The saving grace of college basketball is the NCAA Tournament, which will never get old. And the tv deals being tied to football, means it wonāt have a drastic impact on the overall $$.
That brings up a fascinating conversation. For any sport to survive in the mainstream it has to bring in non tradional fans. The NFL is king of this and recieved a gift when Taylor Swift started attending games.
College football does this in a unique way by indoctrination of students at some of our largest schools in the country.
For CBB the question becomes what do they do? What is the pull? The networks and admins donāt people who are VIPs on this forum weāre all in and even with a changed landscape the overwhelming majority will remain.
But in the current structure itās impossible for a Catlin Clarke to develop in Menās CBB. A one year player cant make a large enough impact on the larger public to bring in new eyes. Without that I agree CBB will be moved to the fringe as the NFL and NBA continue to suck up more air time.