If it's about cheering for the school why aren't all sports getting the same kind of viewership? Oh because it's about the product...
We make way more than 40M a year. Come on.
Stud DT enters the portal
- Thread starter PSUWrestlingFanSince2011
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We make way more than 40M a year. Come on.
The product is a lot more than the players. It's coming back to your alma mater and reminiscing, tailgating, Creamery ice cream, the Blue Band, etc.
From statecollege.com
Penn State football itself boasted a revenue haul of $105 million, the highest the program has reported, and up four million from the most recent fiscal year prior to COVID-19. That revenue was offset by nearly $60 million in expenses for the football program.Feb 2, 2023
Regardless, the profits go to fund all of the non profit sports. If the football program stood by itself PSU would have to get rid of a lot of non revenue sports. I don't think that's a sustainable model.
That data doesn't seem plausible given the TV contract.
Again, if it's not about the product why aren't people showing up like that for any other sport at Penn State? College football is different because of the level of play. If that drops so will attendance and viewership. Also, younger generations are going to care less and less about those things which is why things are adapting to them.
I didn't say it wasn't the product. In fact I said just the opposite. I said the product is a lot more than just the quality of players. If it was only the quality of players the Birmingham Stallions would be worth more than the Alabama Crimson Tide.
The product includes the level of the people playing. Traditional and people caring about the school won't cause it to die but if the quality of plays drops that will drive away some fans but, again, thankfully what you're proposing will never happen as the NFL nor Penn State nor any other program want that to happen.
I'm not proposing anything. I'm just saying the level of talent is far from the only thing that makes college football popular.
I do think that the current system of NIL, portal, and facilities race is bad for college football and us likely to kill non revenue sports.
Never said "only" said it's vital to the success of college portal
Why is football responsible for keeping other sports alive? I don't know how it's bad for college football. It may be bad for the rest of college sports but those sports need to figure out how to be relevant without relying on football to provide for them.
That would pretty much be the end of all non revenue sports as we know them in big conferences. It would start with eliminating scholarships in those sports, moving some to club status, and only playing opponents within a couple hour bus ride. Even then the programs would have to get their limited revenues from student fees, taxpayers, and donors.
Right. I don't disagree with any of that.
This is also why I think the top programs eventually break away from the NCAA including Penn State--there's too much money involved for these schools not to maximize it.
I'd be willing to donate money to men's/women's volleyball and hockey. Maybe that's what non-revenue sports should be relying on if they need football to survive.
Unfortunately for almost all D1 programs the business model is the football and basketball programs carry the financial burden for the athletic department. A few bring in a little additional revenue from Ice Hockey, Wrestling, Volleyball, and Baseball.
$227k NIL value
This whole thing is a disaster. A guy like Singleton has an NIL value of $800k. What's to prevent him from transferring somewhere where he could get $1m? What's to prevent PSU from letting him go since they have Allen and could use limited NIL money on other needs?
Can you imagine if NFL, NBA, or MLB players could transfer for the most money each season? What a free for all! Maybe college sports needs a salary cap or luxury tax.
I'm aware. I played one of those other sports. But the sport that brings in the most money becomes the priority. We've seen many schools cut countless other programs. Sadly sports like wrestling will eventually be even smaller than they are now because there's such a small fan base.
You raise a very good point. I'm sure many State Legislatures favored and passed NIL (i.e., forcing the NCAA to accept it) because of the tax revenue it will generate (most States, including PA, have a "income tax" - a very substantial one). I imagine PA is going to force out-of-state residents who play in PA and earn NIL Income to pay PA Income Tax on those earnings. Had never thought about this aspect, but I'm sure these athletes have to pay substantial "Withholding" for State and Federal Income Tax when they sign these deals.
