Post by Trojan Warrior on Aug 2, 2014 9:27:55 GMT -6
Imagine you get the news that the Atlantic Coast Conference, the Big Ten, the Big 12, the Pac-12 and the Southeastern Conference are breaking away from the NCAA to form a new top division of college football—what happens next?
After the shock and awe subsides, the nation will try and figure out which programs are in the new “super division” and which are left out in the cold. This will not be decided by tradition, prestige or on-field performance—no, instead membership will be limited to those programs with the deepest pockets.
Think about it this way: Why are the power-five conferences threatening to split with the NCAA if it does not agree to restructure?
What they want is autonomy, or enough control to make their own decisions. Here’s what SEC commissioner Mike Slive had to say about it to Paul Myerberg from USA Today:
We seek to support the educational needs of our student-athletes through the provisions of scholarships linked to the cost of attendance rather than the historic model of tuition, room and board, fees and books.
Though this is only one reason, it’s a great starting point and highlights the problem with the FBS: Half of the division can financially afford to do things differently—or buy autonomy—while the other half cannot.
So at the very least, schools will have to be able to afford the cost of full attendance to be in the new division. According to Jon Solomon of CBS Sports, the average NCAA gap between an athletic scholarship and the actual cost of attending college is $3,500 per year.
This means that for a college football team with 120 players on its roster, it would cost $420,000 per year—on top of all of its other expenses—to fund this single rudimentary goal.
How many of the 128 FBS programs can afford it?
To answer this, we’ve utilized the U.S. Department of Education’s Equity in Athletics Data Analysis Cutting Tool to calculate which football programs have an excess of funds to work with.
It’s simple: Football revenue subtracted by football expenses shows its profit or losses.
The figures provided in this analysis are for the 2012-13 fiscal year and, as a bonus, the data includes every FBS program except Navy and Air Force. This means that private institutions such as USC, Notre Dame and Vanderbilt (often left out of finance databases) are included.
According to these numbers, 74 of the 126 programs (or 59 percent) could afford the extra $420,000 required to fund the football portion of full attendance.
Troy is mentioned in the Full Article.
After the shock and awe subsides, the nation will try and figure out which programs are in the new “super division” and which are left out in the cold. This will not be decided by tradition, prestige or on-field performance—no, instead membership will be limited to those programs with the deepest pockets.
Think about it this way: Why are the power-five conferences threatening to split with the NCAA if it does not agree to restructure?
What they want is autonomy, or enough control to make their own decisions. Here’s what SEC commissioner Mike Slive had to say about it to Paul Myerberg from USA Today:
We seek to support the educational needs of our student-athletes through the provisions of scholarships linked to the cost of attendance rather than the historic model of tuition, room and board, fees and books.
Though this is only one reason, it’s a great starting point and highlights the problem with the FBS: Half of the division can financially afford to do things differently—or buy autonomy—while the other half cannot.
So at the very least, schools will have to be able to afford the cost of full attendance to be in the new division. According to Jon Solomon of CBS Sports, the average NCAA gap between an athletic scholarship and the actual cost of attending college is $3,500 per year.
This means that for a college football team with 120 players on its roster, it would cost $420,000 per year—on top of all of its other expenses—to fund this single rudimentary goal.
How many of the 128 FBS programs can afford it?
To answer this, we’ve utilized the U.S. Department of Education’s Equity in Athletics Data Analysis Cutting Tool to calculate which football programs have an excess of funds to work with.
It’s simple: Football revenue subtracted by football expenses shows its profit or losses.
The figures provided in this analysis are for the 2012-13 fiscal year and, as a bonus, the data includes every FBS program except Navy and Air Force. This means that private institutions such as USC, Notre Dame and Vanderbilt (often left out of finance databases) are included.
According to these numbers, 74 of the 126 programs (or 59 percent) could afford the extra $420,000 required to fund the football portion of full attendance.
Troy is mentioned in the Full Article.