House vs. NCAA

[iceeater1969]

That’s a different story. Those rules have been messaged for a long time. He may have a ton of credits towards graduation without actually having the right mix to actually graduate. We’d have to see his transcripts. These guys can be a senior in academic progress for a couple of years. Couple that will losing transfer credits and it’s all together possible.

Hey, lets let the players cut by nfl return to "school" .
Why just 4 years?
I knew gt guys that took 6 years

 

[forensicbuzz]

Hey, lets let the players cut by nfl return to "school" .
Why just 4 years?
I knew gt guys that took 6 years

It’s coming. I think once the school aspect goes away, the limitation of 5 to play 4 goes away.

 

[stinger78]

College football is screwed.

 

[alagold]

If you take out 29 mil for players, how do you pay the coaches those salaries and do the infrastructure (bldgs, stadium, etc too?

 

[cpf2001]

GTAA had operating expenses of ~75M in 2015 and operating revenue of ~66M - doing math based on some quotes from https://www.fitchratings.com/resear...outlook-stable-07-01-2016#solicitation-status ("Available funds, defined by Fitch as cash and investments not permanently restricted, totaled $86.7 million as of June 30, 2015, covering a solid 115% of operating expenses.") ("Maximum annual debt service (MADS) of about $42.3 million is expected to occur in fiscal 2020 and represents a very high 64.1% of fiscal 2015 operating revenues")

By 2024 revenue was much higher and we get a more direct figure: "Established in 1934, GTAA is a nonprofit organization charged with administering the athletic programs of GIT. Operating revenues were $112 million in fiscal 2023." (https://www.fitchratings.com/resear...-series-2024-revs-a-outlook-stable-13-11-2023) My quick ctrl-f isn't finding "operating expenses" in that one but it doubtless has gone up; nonprofits often spend what they bring in especially when they have other fundraising for capital projects.

If it's THAT hard to move some of that new revenue around and cover those expenses that can't be reduced, then there's a management problem, since the writing has been on the wall.