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NCAA built tournament safety net of nearly $400 million and then spent it

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  • NCAA built tournament safety net of nearly $400 million and then spent it

    https://www.usatoday.com/story/sport...nt/5038279002/

  • #2
    Wow. Of course, some legal settlement wipes out more than half of it.

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    • #3
      Wisconsin won't be bringing back spring sport seniors. Of course, they are the only BIG school not to have baseball.

      https://madison.com/wsj/sports/colle...08992eea4.html

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      • #4
        Originally posted by laker View Post
        Wisconsin won't be bringing back spring sport seniors. Of course, they are the only BIG school not to have baseball.

        https://madison.com/wsj/sports/colle...08992eea4.html
        I'm not surprised. Even as a track person, I can admit it's a money pit if you aren't winning titles consistently.

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        • #5
          Originally posted by laker View Post
          Wisconsin won't be bringing back spring sport seniors. Of course, they are the only BIG school not to have baseball.

          https://madison.com/wsj/sports/colle...08992eea4.html
          Most schools cannot finance the scholarships, room, board, and various other expenses of an additional class of athletes. It was shameful for the NCAA to rule for the extra year of eligibility and toss the thing at the feet of the schools who are then going to have to pay the $$$. You will see a lot more going the way of Wisconsin out of financial necessity.

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          • #6
            Originally posted by Herb Street View Post

            Most schools cannot finance the scholarships, room, board, and various other expenses of an additional class of athletes. It was shameful for the NCAA to rule for the extra year of eligibility and toss the thing at the feet of the schools who are then going to have to pay the $$$. You will see a lot more going the way of Wisconsin out of financial necessity.
            I think Harvard and Yale (who could afford it) have done the same. It wasn't an Ivy League rule but usually when those two want something it happens.

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            • #7
              A big chunk went to settle a $208 million class action antitrust settlement for athletes.

              https://www.hbsslaw.com/cases/ncaa--...ion-settlement

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