(08-06-2014 04:43 PM)JRsec Wrote: (08-06-2014 04:36 PM)Wedge Wrote: (08-06-2014 03:04 PM)Attackcoog Wrote: "There are probably 20 schools for whom this is like, no big deal, bring it on, whatever number you come up with we can handle it," Bobinski said. "The other 45, there is no wiggle room on an annual basis and were going to have to be creative, and raise additional revenues to help fund this, but we're not going to be left behind. If it's right, then we can do it."
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Sorry, Mr. Georgia Tech AD, I'm calling BS on you.
Your annual athletic department revenue, as reported to the federal government, is $63.6 million. The difference between real "full cost of attendance" and your half-azzed version of it is probably a couple hundred thousand a year per school. Even if it's as high as $600,000 a year, that's less than one percent of your annual revenue/budget. Your head FB coach makes about $2.6 million a year; each of his coordinators probably makes $600,000 or so. You're crying poverty over what amounts to a rounding error in your football budget. I'm not buying it.
You're right Wedge. But I do think the initial wrangling is an effort to keep some schools in who know they probably need to opt out. I've expected all along for their to be a few casualties in this process. Somewhere between 1 to 5 schools may not make the cut depending upon what is agreed upon. There are marginal schools in the P5 just as assuredly as their are deserving schools in the G5. So this is a big we'll see over the next few months and into early next year.
I have learned to never under-estimate the capacity of an AD to over-spend. I'm sure there are some who have already spent next June's distribution.
I think very highly of Hugh Freeze, respect what he's done at OM but he is now making double what they hired him for before the 2012 season based on 13 wins over two season. Rebels basically doubled his pay to get him around league median for accomplishing about what should have been expected. I don't begrudge him the dough, he's a pretty nice guy and the kids love him but he isn't performing at double the level that should have been expected, but it's not his job to refuse a raise.
What most people don't understand is college athletics costs what it costs because that's what schools are willing to pay.
If the P5 schools were to declare that starting July 1, 2020 they would adopt the same scholarship limits as Division II or Division III there would not be major shift.
If Saban retired and Alabama announced they would only pay $1 million a year to the new coach the pool of candidates would not shrink dramatically, after all when that day comes some of the names that will be associated will be people who really aren't after the job and simply want the raise and extension that their name being associated would bring.
Even at current scholarship limits you could run any SEC or Big 10 program on Boise State's budget if that were what you wanted to do (at least you could once you pay off current debts and contracts).
If the P5 WANTED to run on low expenses they could. Texas could plow $125 million a year into the endowment or the general operating budget of the athletic side if they wanted to and the other schools agreed to similarly control expenses.
Right now there is no real incentive or compelling reason for schools to cap their athletic spending at $40 million or $20 million but it could be done with little to no impact on what the fan sees.