More money is better than less money. With that said, there are people who make half a million a year who live paycheck to paycheck and would have big issues if the engine died in their car. More money without planning and discipline doesn't get you anywhere.I read the article below as to what has the Big Ten brought Rutgers after ten years. This stood out:
"Most of the outside focus on Rutgers joining the Big Ten centered on the costs associated with the move and the struggles most of its sports teams faced to compete initially, not on the ancillary benefits. Rutgers continues lose money on athletics — with no end in sight — and the high-profile football team has struggled mightily."
Rutgers maintains that the academic benefits of joining the Big Ten FAR outweigh just the athletics. But I wonder how many GT alumni interested in sports will support a conference that benefits the school and *may not* benefit athletics?
I have no opinion and don't really care if GT joins the Big or not. I don't think it will be a panacea for the sports teams, hence my interest in comparing how others have done since joining.
How Big Ten changed Rutgers beyond athletics
The benefits of the university’s decision to join the Big Ten go far beyond sports — and yet skepticism in the school’s community remains.www.nj.com
I asked you about the academic benefits of the Big10 a few weeks ago, and you seemed to indicate that it wouldn't make a difference. They supposedly share academic resources and they supposedly share and help each other win research contracts. On this I am no expert, and probably even less than a novice, but I think the academic and research sides of the school would probably love to be a part of the Big10 instead of the ACC.
I read the article below as to what has the Big Ten brought Rutgers after ten years. This stood out:
"Most of the outside focus on Rutgers joining the Big Ten centered on the costs associated with the move and the struggles most of its sports teams faced to compete initially, not on the ancillary benefits. Rutgers continues lose money on athletics — with no end in sight — and the high-profile football team has struggled mightily."
Rutgers maintains that the academic benefits of joining the Big Ten FAR outweigh just the athletics. But I wonder how many GT alumni interested in sports will support a conference that benefits the school and *may not* benefit athletics?
I have no opinion and don't really care if GT joins the Big or not. I don't think it will be a panacea for the sports teams, hence my interest in comparing how others have done since joining.
How Big Ten changed Rutgers beyond athletics
The benefits of the university’s decision to join the Big Ten go far beyond sports — and yet skepticism in the school’s community remains.www.nj.com
In its final season in the American Athletic Conference, Rutgers athletics totaled $76.7 million in expenditures. Rutgers’ expenditures have spiked 54.4% since then, increasing to a school-record $118.4 million in 2020-21. That total pegged Rutgers fifth in the Big Ten in spending, ranking behind Ohio State ($170.6M), Michigan ($148.9M), Penn State ($130.1M) and Wisconsin ($127.1M).
Maybe their facilities were shiite and they needed to catch-up to the rest of B10That article is light on big-picture "why" answers. Lots of numbers, and saying the Big 10 hasn't fixed things, but no evidence that joining was a mistake. So they're still losing money. What would the alternatives have been? Especially if they want to compete vs fold up shop basically?
This seems... foolish?
I'd love to know if the Big 10 had any strings attached to the offer - like, you *have* to get competitive spending wise* - but I don't see those answers in this article.
That article is light on big-picture "why" answers. Lots of numbers, and saying the Big 10 hasn't fixed things, but no evidence that joining was a mistake. So they're still losing money. What would the alternatives have been? Especially if they want to compete vs fold up shop basically?
This seems... foolish?
I'd love to know if the Big 10 had any strings attached to the offer - like, you *have* to get competitive spending wise* - but I don't see those answers in this article.
I posted this about a week ago after a conversation with my UNC grad neighbor. I have not talked to him again since that day, but he shared a text that indicated there is some movement among the ACC member schools to release the GOR and exit fees for schools that have conference realignment offers in writing. I do not know if that is only for a limited number of ACC member schools, thereby keeping the ACC moniker for the remaining schools (who would then have to share the ESPN revenue with fewer members), or for every member school.Clemson and FSU and Miami and UNC are not going to stand aside while their teams are relegated to a lower status in football. It becomes a matter of survival and members will do whatever it takes to survive when there is so much money at stake. He said he knows there is something happening within the ACC to address this issue. The ACC poohbahs agree that Vandy should not have more football money than Clemson.
I don't think that actually works out. I haven't seen the ESPN contract, but I seriously doubt that the contract would allow losing six teams and the associated games with those teams and still pay the same yearly rates. It would be asinine to sign a contract for a set dollar figure and allow for the quantity and/or quality of the product you are paying for the arbitrarily drop. The GOR contract requires every single member to agree to a change. In your scenario, it would maybe happen if it caused the revenue for the remaining teams to increase. But there is no way ESPN will pay the same amount for 4/7ths of the games, or the same for games involving UAB and Middle Tennessee State instead of Clemson and FSU.I posted this about a week ago after a conversation with my UNC grad neighbor. I have not talked to him again since that day, but he shared a text that indicated there is some movement among the ACC member schools to release the GOR and exit fees for schools that have conference realignment offers in writing. I do not know if that is only for a limited number of ACC member schools, thereby keeping the ACC moniker for the remaining schools (who would then have to share the ESPN revenue with fewer members), or for every member school.
So, let's say six ACC schools leave the conference. Using the info in recent thread posts, GT and Miami go to the B1G and UNC, Clemson, VT and FSU go to the SEC. That leaves eight schools in the ACC (BC, Cuse, Pitt, Duke, NC State, Wake, UL, and UVA) and almost doubles their individual shares of the media payout from ESPN. If you know the conference will be dissolved in 2036, why not make the best deal you can for everyone now?