Illinois Hoops Recruiting Thread

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#551      
OrangeKrush1981
the juiceman cometh said:
I dunno, $6 million for a top-25 roster doesn't actually feel like that much to me. A top 25 athletic department revenue is about $145 million. The estimate I've seen is that men's basketball typically accounts for 20-30% of revenue. If you take the low end of that, you're talking about just under $30 million. So the roster is getting 1/5 the revenue the school is taking in from the team (and it doesn't actially come from the team but from outside sources). If anything, that sounds a bit light. NBA players receive 50% of revenue per their CBA.
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I thought most D1 athletic departements lose money each year, despite the high football and basketball revenues. I have seen complaints that athletic departments are beginning to lay off staff (in non-football/basketball components) in order to concentrate money for athletes.

The NBA isn't supporting track and field, etc, although they do support the WNBA.

I thought we'd seen an estimate here that we had $4 million for NIL this year. Maybe I got that wrong. Or maybe next year will simply be much much more expensive.
 
#553      
SescIllini
AJ Storr was a poor fit at Kansas. How does an Illini team of Boswell, Storr, Tre, Morez and Tomi look? With Ty, Ben H off the bench.

I think Ben gets another year. Think DGL is gone. Think Tre stays, looking really good. Think Ty stays if he is getting 20+ minutes, not sure what his NIL market value is.

Both freshmen coming in look good, one might be in rotation.
 
#556      
grue2
the juiceman cometh said:
I dunno, $6 million for a top-25 roster doesn't actually feel like that much to me. A top 25 athletic department revenue is about $145 million. The estimate I've seen is that men's basketball typically accounts for 20-30% of revenue. If you take the low end of that, you're talking about just under $30 million. So the roster is getting 1/5 the revenue the school is taking in from the team (and it doesn't actially come from the team but from outside sources). If anything, that sounds a bit light. NBA players receive 50% of revenue per their CBA.
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A potential readjustment of said feelings:

UIUC is one of the top earning programs by virtue of being in the Big10 and having good ticket sales. It may actually be generating a profit of 1-2M/year. See my note earlier this week in the 2024-2025 thread with the actual numbers for UIUC.

IL BB revenue was reported as 26.5M (M and W) in 2022. This was #10 in the nation. Duke at 45M was a runaway #1, #5 IU ~32M. (Sorry, I couldn't quickly find the 2023/24 numbers.)

Expenses:
- The cost of building the facility (??), any renovations. [~11M/year for 30 years @5% for the last round.]
- The cost to build the ancillary structures: practice gym, dorms, etc. [Ubben alone was ~2M/year for 30 years to build @5% interest]
- Then cost for annual maintenance the Assembly hall/practice gyms/offices/dorms, both physical and janitors etc. [?M]
- Staff for said buildings, tutors, ticket sales, advertising. [?M]
- Player tuition, housing, food, insurance [100-125k/BB x 30 player at UIUC -> 3-4M]
Now we can look at money for coaches/players.

Yes there are a lot of donations for the buildings. Those donations are what prevent bankruptcy.
 
#557      
grue2
the juiceman cometh said:
I dunno, $6 million for a top-25 roster doesn't actually feel like that much to me. A top 25 athletic department revenue is about $145 million. The estimate I've seen is that men's basketball typically accounts for 20-30% of revenue. If you take the low end of that, you're talking about just under $30 million. So the roster is getting 1/5 the revenue the school is taking in from the team (and it doesn't actially come from the team but from outside sources). If anything, that sounds a bit light. NBA players receive 50% of revenue per their CBA.
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The sharing model works well for the NBA because the revenue far exceeds the expenses.

NBA revenue:
~250M/team in Media rights~7.5B/year, including international rights with 30 teams.
~175M gate** is typical, ~90-600M depending on the team.
So NBA income for the low end team: ~370M, high end team ~775M.

Compare that to the 26.5M UIUC reported as the #10 earner in college basketball.

** NBA gate receipts:
- Average ticket cost: $120 (Detroit) - $700 (LA); $200-250 is typical.
- Average stadium size ~17500.
- Average number of home games 82/2 + some playoff games.
That is 88M in tickets at the low end to 600M+ on the high end with 175M being typical.
 
#558      
ptgrd23
Jase Butler to enter portal.
2 ppg for 13-18 WA team.
Should have come to Illinois and developed himself in winning program that send players to NBA.
Somebody is giving these kids terrible advice.
 
#559      
Rap47
Indy Illini Fan said:
Sandfort is out of eligibility … Little bro isn’t good enough to play here …

Only one kid on Iowa good enough to play here and he ain’t coming because we got kids better than him already and he has 0 interest … But no one else on that team is good enough to play here …

www.espn.com

Owen Freeman - Creighton Bluejays Forward - ESPN

View the profile of Creighton Bluejays Forward Owen Freeman on ESPN. Get the latest news, live stats and game highlights.
www.espn.com www.espn.com
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I believe the Dix kid could be very valuable to the Illini
 
#560      
Illiniindian
the juiceman cometh said:
$1 million is a lot of money but I guarantee you he'll make less than his coach next year. As will almost every other player who suits up in college basketball next year.

That's not how it works in any other sport that brings in billions of dollars of revenue. Star players make orders of magnitude more than coaches. Last I checked the NFL, NBA MLB, EPL, etc weren't unraveling as a result.

These NIL deal values are going up because boosters are opening the pocket books and competing against each other. If your whole argument is that they're going to stop and "boosters will dry up"... well so what?

If boosters want to pay less, then they'll pay less, and players will accept less, because there will be less competition and they'll still take the best offer they can get. Doesnt explain how any of this "ruins" the sport.
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I agree players deserve every penny they get. Especially as they only have a 4 or 5 year window.
Only major issue I see is the difference between the elite schools and the mid tier will widen. Oh well, glad I graduated from Illinois!
 
#561      
Illini4Christ
ptgrd23 said:
Jase Butler to enter portal.
2 ppg for 13-18 WA team.
Should have come to Illinois and developed himself in winning program that send players to NBA.
Somebody is giving these kids terrible advice.
Click to expand...
I thought he wanted guaranteed playing time, I may be wrong, but I thought that’s what I heard was the reason he left his commitment of the beloved.
 
#562      
BashCtIllini
ptgrd23 said:
Jase Butler to enter portal.
2 ppg for 13-18 WA team.
Should have come to Illinois and developed himself in winning program that send players to NBA.
Somebody is giving these kids terrible advice.
Click to expand...
As much as people wanted to proclaim him a diamond in the rough, I always thought he looked too slow. He played against weak competition as well. Like it or not, the rankings are by and large pretty accurate. Especially if you look more at ranges instead of exact ranking.
 
#563      
the juiceman cometh
OrangeKrush1981 said:
I thought most D1 athletic departements lose money each year, despite the high football and basketball revenues. I have seen complaints that athletic departments are beginning to lay off staff (in non-football/basketball components) in order to concentrate money for athletes.

The NBA isn't supporting track and field, etc, although they do support the WNBA.

I thought we'd seen an estimate here that we had $4 million for NIL this year. Maybe I got that wrong. Or maybe next year will simply be much much more expensive.
Click to expand...
If that's true it's all the more incentive to spend money and field a better basketball team to make up for the revenue losing sports. Spending less on the two sports that generate revenue would not make sense.
 
#564      
Combo
OrangeKrush1981 said:
I thought most D1 athletic departements lose money each year, despite the high football and basketball revenues. I have seen complaints that athletic departments are beginning to lay off staff (in non-football/basketball components) in order to concentrate money for athletes.

The NBA isn't supporting track and field, etc, although they do support the WNBA.

I thought we'd seen an estimate here that we had $4 million for NIL this year. Maybe I got that wrong. Or maybe next year will simply be much much more expensive.
Click to expand...
That's what I've always read/heard.
 
#567      
OrangeKrush1981
I think it's all true, but then who knows: I read those things online over the last few years.

Title IX is an issue here as well.
 
#575      
NorthShoreIllini
We need to find some guys/dogs at the 2/3 that not only are long but also have strength and can guard on the ball on the perimeter. Also get downhill and finish at the rim.
 
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