Worse than sports will be the hit to local/national news. It's one massive "Big Pharma" promo, for better or worse. If he tries, the pushback by the media will be crazy.If RFK Jr gets confirmed, I wonder how that might impact the revenue of college sports—because there’s a chance that RFK bans pharmaceutical commercials. I don’t know the exact number that went towards college sports, but it looks like pharmaceutical companies spent $750 million on sports advertising last year.
But don’t look at this as a $750m hit to revenue. Those same ad slots will still be sold, just at a lower rate. The market will determine how much lower.Worse than sports will be the hit to local/national news. It's one massive "Big Pharma" promo, for better or worse. If he tries, the pushback by the media will be crazy.
I'm just starting to ask my doctor about the Bs for this year's physical. The As took a few years.But don’t look at this as a $750m hit to revenue. Those same ad slots will still be sold, just at a lower rate. The market will determine how much lower.
The U.S. and New Zealand are the only countries allowing direct Pharma marketing to consumers. Pharma ads don’t teach or educate consumers any more than car, food, or travel ads. They just generate incremental sales. What’s the point, other than selling more drugs than necessary and boosting media advertising rates? Maybe public health should take priority over ad revenue?
I bet most won't because they want to maintain overall healthy athletic departments.The Trump administration just announced they are reversing Biden's ruling that title IX applies to the House settlement payment for players. They can now pay all of it to men's football and basketball.
Like he (she?) said, rules like that exist because individual institutions couldn't be trusted to act right.It just takes the Feds out of the decision and leaves it up to each University. That's a good thing. Let each athletic department decide, just like athletes can decide where to go to college.
Like he (she?) said, rules like that exist because individual institutions couldn't be trusted to act right.
The backlash of screwing smaller programs within their athletics departments will keep most of them from funneling everything right to basketball and football, but every non-revenue athletic (not just the female ones) stands to be screwed by this.
Yet both institutions will shortchange both their women's volleyball and women's basketball programs/players.Illinois will likely allocate a higher portion (%) to Women's basketball than Nebraska
Nebraska will likely allocate a higher portion to Women's Volleyball than Illinois.
Some will think both allocate too much to each program. Some will think both should allocate more to each program. You'll never get consensus.
Who is to determine what is considered, "trusted to act right?" That's an opinion. It's now up to each University. That's good, IMO.
Just so everyone is aware, if you donate enough via ICON, you can direct your money to go to the program(s) of your wishes.Yet both institutions will shortchange both their women's volleyball and women's basketball programs/players.
You missed the mark on this.
Relying on private dollars isn't a reasonable solution.Just so everyone is aware, if you donate enough via ICON, you can direct your money to go to the program(s) of your wishes.
I would encourage everyone to give like a drunken sailor to the Illinois program(s) of your choice.
You do have control over what you contribute, you won't have control over what you don't contribute.
I'm not trying to change your mind so much as just understanding what happens when you don't dump massive money into football and men's basketball. P2 program athletes, including at Illinois, will absolutely lose scholarships. I can't image Illinois (or anyone) keeping men's gymnastics around as a sport beyond the club level. Who knows what else gets cut or simply funded at minimal levels.Relying on private dollars isn't a reasonable solution.
It's not as simple as revenue goes to revenue-generating players, either. Non-revenue programs exist thanks to dollars brought in by basketball and football. Student-athletes are going to lose scholarships and opportunities over it.
This is clearly going to be an agree to disagree thing. There's nothing you can say that will bring me to your side of the argument.
I wouldn't try to either Kat. I respect all opinions here.Relying on private dollars isn't a reasonable solution.
It's not as simple as revenue goes to revenue-generating players, either. Non-revenue programs exist thanks to dollars brought in by basketball and football. Student-athletes are going to lose scholarships and opportunities over it.
This is clearly going to be an agree to disagree thing. There's nothing you can say that will bring me to your side of the argument.
I certainly agree there must be investment in the revenue sports. However, replacement cost of the players comes into play.we really have no choice but to allocate NIL to each sport on the basis of revenue created by that sport.
I know what you are saying, but we have 60 programs we are directly competing with, most of which will basically immediately offer the current NIL rate to any player of ours that we ignore. Its not like employees at Pfizer or Eli LillyI certainly agree there must be investment in the revenue sports. However, replacement cost of the players comes into play.
I worked on a product that returned 10s of billions of dollars in revenue & profit every quarter. The company payed our team members replacement/market cost and maybe a small amount more to avoid too much turnover. Not proportionally to the revenue our product team brought in. The excess was spent subsidizing all sorts of other corporate projects. Many which had no chance of ever producing a positive revenue flow.
I guarantee that every one of those corporate projects had at least one section in the pro forma business plan that explained how it either raised revenue, reduced costs, or both. It may not have succeeded in the end, but the intent was there.I know what you are saying, but we have 60 programs we are directly competing with, most of which will basically immediately offer the current NIL rate to any player of ours that we ignore. Its not like employees at Pfizer or Eli Lilly
Oh no! Now how will I learn about the benefits of Jardiance without cheesy lip sync dance ads???Worse than sports will be the hit to local/national news. It's one massive "Big Pharma" promo, for better or worse. If he tries, the pushback by the media will be crazy.