Illini Athletics Revenue
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Illini92and96
- Austin, TX
Less on facilities, coaching salaries, and minor losing sports to fund the $22M. Maybe some funding moves from NIL to just keeping your programs alive. Maybe NIL even more further benefits the wealthy schools as others redirect.
So, schools can share 'up to' 22% of the athletic department revenue, I assume that's off of gross revenue?
Does anyone know why it's only $22M for Illinois when the athletic department revenue is close to $146M? Based on that, it's only 15%.
And if it's 22%, then we're going to see tOSU have a pool of about $55M (off of $250M) to distribute? Even at 15%, tOSU has about $37.5M to hand out, crazy.
Does anyone know why it's only $22M for Illinois when the athletic department revenue is close to $146M? Based on that, it's only 15%.
And if it's 22%, then we're going to see tOSU have a pool of about $55M (off of $250M) to distribute? Even at 15%, tOSU has about $37.5M to hand out, crazy.
Only difference I would say.....athletic dept. salaries, not necessarily coaches salaries. I think Illinois has well established you don't want to skimp on coaches salaries.
Remind me was it the northwestern athletes in one sport that started all this paying of athletes with some lawsuit a few years ago.
It's 22% of the average revenue of all Power 5 schools (Big Ten, Big 12, Pac-12, ACC, SEC), so all schools are working with the same maximum budget of $22M.
That makes way more sense, thank you!
I think they were trying to unionize. Kain Colter I vaguely remember? Looking back, actually a good idea and could likely be the path forward for athletes to deal with this and being considered employees. Also seemed to be the wrong spot with Fitz as coach and culture ideal was from 30 years ago.
Question for those that may know - does us being able to pay out the full $22M keep us where we are, or give us a slight boost with football and basketball?
ChiefGritty
- Chicago, IL
I would take any confident declarations about how this is going to shake out, especially over a 5-10 year time frame, with a healthy grain of salt.
It would be nice to be in the $22M club in the revenue sports, we know that much.
I know we had a healthy surplus of revenue vs costs compared to other athletic budgets at big schools so assuming we are able to max out the $22M I think it levels the playing field a bit with the other big programs- NIL will still be the biggest factor, but schools like us can throw more dollars at a 5 star kid in revenue sharing than a school like Alabama who will have 30 five star kids to keep happy- might mean we win more of the high profile recruitments given we can focus these dollars on a few kids
Illini in Italy
- Illini HQ, Florida Panhandle
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