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Oklahoma State Football

House vs. NCAA: What Does the Multi-Billion Dollar Lawsuit Mean for Oklahoma State

May 15, 2024
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STILLWATER – There is a topic that has been discussed often and behind closed doors by your athletic director, his staff, coaching staffs, and anybody and everybody that bleeds orange for Oklahoma State athletics. The blood could soon be green as a massive amount leaving the account of the OSU Athletic Dept, and going into the hands of lawyers and plaintiffs in the lawsuit of House vs. NCAA. Presidents and chancellors like Dr.

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House vs. NCAA: What Does the Multi-Billion Dollar Lawsuit Mean for Oklahoma State

2,190 Views | 7 Replies | Last: 1 mo ago by RodeoPoke
NJAggie
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Football will be considered lots of chatter out there about reducing scholarships to 85 and getting rid of walk-ons.

There is also a lot of talk that the settlement is going to come out of basketball tournament revenues as that's the only revenue the NCAA really has. So much of the non-payout stuff that has been done with that money may be getting cut to limit the loss of payouts to the D1 schools.

Per Ross Dellenger at YahooSports: "The NCAA is responsible for paying the amount over a 10-year period, roughly $277 million annually. About 60% of that will come from a reduction in distribution to its schools. The NCAA is responsible for closing the 40% gap through other means, such as reserves, other net incomes and a significant reduction in operating expenses of as much as $18 million annually."

He also says that it looks the settlement will include about 22% of each schools revenue being earmarked for student athlete compensation going forward. If handled correctly that could set forward the ability to have a CBA with the athletes and contracts that tie the athletes to the schools for multiple years. It would reset NIL to true NIL not disguised salary.

It's going to be a brave new world, and hopefully they won't do this half way and we have to do this again in 3 or 4 years.

https://sports.yahoo.com/docs-ncaa-could-face-20b-in-damages-bankruptcy-if-proposed-settlement-offer-isnt-agreed-upon-232315637.html
RodeoPoke
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I would like to see that chart on a "per athlete/coach" basis, rather than per sport.

e.g., how much of that football money is spent per player including other support personnel?

and for "revenue sharing", it seems that any amount paid should be proportionate to the revenue brought in. Since most of the "non revenue" sports lose money, then those athletes should be paying for the privilege of playing for OSU.

what am I missing here?
tulsasig
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Why not just let the NCAA go bankrupt? They are the ones who made the rules. Why should the colleges bail them out?
RodeoPoke
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tulsasig said:

Why not just let the NCAA go bankrupt? They are the ones who made the rules. Why should the colleges bail them out?
the NCAA "IS" the colleges.

The "colleges" make and vote on the rules, the NCAA is simply an enforcement arm.



NJAggie
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tulsasig said:

Why not just let the NCAA go bankrupt? They are the ones who made the rules. Why should the colleges bail them out
The NCAA will most likely be filing for bankruptcy as part of their settlement plan as that affords them protections to pay it off over time instead of at once.

They have the means to pay it, as they have reserves on hand and as noted still have the NCAA basketball money to pay this with.

My concern is not the payoff, but what happens next. Are the schools going to move to safe ground (employee athletes and cba) or stay the course for more litigation (status quo w/annual court look ins). It seems a lot of schools like the 2nd option.
NorthDFWPoke
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Staff
I am not sure what the elimination of other sports would do to the revenue sports. If college football becomes so Commerical then it could be seen as a competitor to the nfl. The nfl is far superior execution and game.

I grew up a Dallas cowboys fan and held with them through Troy Aikman. I have lost Dallas interest over the years because I don't relate to team and they don't look like it is fun.

I am an OSU fan from the chess team to meat judging to anything in the athletic department. If it becomes all winning and losing and money with only 3 or 4 chips (sports) in the game and measuring success solely on bank accounts it will be hard to stay hooked.

Getting a little teary eyed when the team takes the field is what is in it for me.
RodeoPoke
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NorthDFWPoke said:

I am not sure what the elimination of other sports would do to the revenue sports. If college football becomes so Commerical then it could be seen as a competitor to the nfl. The nfl is far superior execution and game.

I grew up a Dallas cowboys fan and held with them through Troy Aikman. I have lost Dallas interest over the years because I don't relate to team and they don't look like it is fun.

I am an OSU fan from the chess team to meat judging to anything in the athletic department. If it becomes all winning and losing and money with only 3 or 4 chips (sports) in the game and measuring success solely on bank accounts it will be hard to stay hooked.

Getting a little teary eyed when the team takes the field is what is in it for me.
Title 9 won't let that happen.

It's Federal Law.

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