For a year, Drew Weatherford has held clandestine meetings with 50 FBS programs.

With revenue-sharing looming, multiple ADs are seriously exploring his private capital plan - an immediate $50-$200M.

“Is this what you need to survive?” asks one AD. “Yes.”https://t.co/aO0It7rHYk

— Ross Dellenger (@RossDellenger) May 22, 2024

Yuck. The fact that college football's answer to every problem is to dive deeper into the muck makes it hard to remain engaged as a college football fan. The sport has just gotten really gross.

bear2be2 said:

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Yuck. The fact that college football's answer to every problem is to dive deeper into the muck makes it hard to remain engaged as a college football fan. The sport has just gotten really gross.

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It makes zero sense for universities to be housing minor league pro football and basketball teams for players who are often at a school just a year or 2. It is now so far divorced from the original purpose of college sports that I don't see how the universities' tax exemption umbrella still fits over football or basketball, at least at the major conference level. The fact that private equity wants to make investments into these programs kinda makes the point.

bear2be2 said:

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Yuck. The fact that college football's answer to every problem is to dive deeper into the muck makes it hard to remain engaged as a college football fan. The sport has just gotten really gross.

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Yea, Everything you dislike about the NFL is increasingly in the College game now.

Gross profiteering, out of control pricing, corporatism, and cynical social justice virtue signaling.

Robert Wilson said:

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bear2be2 said:

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Yuck. The fact that college football's answer to every problem is to dive deeper into the muck makes it hard to remain engaged as a college football fan. The sport has just gotten really gross.

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It makes zero sense for universities to be housing minor league pro football and basketball teams for players who are often at a school just a year or 2. It is now so far divorced from the original purpose of college sports that I don't see how the universities' tax exemption umbrella still fits over football or basketball, at least at the major conference level. The fact that private equity wants to make investments into these programs kinda makes the point.

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I was about to say the exact same thing. How the hell can these schools still operate as non-profit organizations and enjoy the tax breaks that come with that when it's so obvious these are now money-making enterprises? If they want to act, talk and operate like businesses, they need to be taxed like businesses.

I know it's not exactly the same but even before NIL most P5 athletic departments privatized facilities so they could attract recruits and boosters.

Public schools, especially, have no business doing this. They take taxpayer dollars and should be laser focused on education, not attempting to build professional sports empires. This whole thing is an abuse of public trust.

Winning programs produce major support.

oorahpa said:

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Winning programs produce major support.

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By that logic, anything a university can do to raise money and/or alumni interest should be tax exempt. Is that really the standard? Seems like it would swallow the purpose of UBTI.

Redbrickbear said:

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bear2be2 said:

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Yuck. The fact that college football's answer to every problem is to dive deeper into the muck makes it hard to remain engaged as a college football fan. The sport has just gotten really gross.

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Yea, Everything you dislike about the NFL is increasingly in the College game now.

Gross profiteering, out of control pricing, corporatism, and cynical social justice virtue signaling.

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The NFL has low-key been setting the tone for years. They really love the current model of college football being their free developmental league.

CorsicanaBear said:

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Public schools, especially, have no business doing this. They take taxpayer dollars and should be laser focused on education, not attempting to build professional sports empires. This whole thing is an abuse of public trust.

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Public school K-12 is mostly babysitting. Education hasn't been the primary focus in many years. Then in college it's basically just really expensive babysitting, except the babies are now in charge.