NCAA money from the NCAA tournament is already shared across all conferences and then to schools in those conferences. It's also shared with other sports championships. Within schools their football programs and sometimes basketball programs help fund other sports at the school. So the major P5/P6 programs are already getting "taxed" multiple ways.
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About these "profits" ... 18 of 229.
https://www.linkedin.com/pulse/i-fou...t-hirko-ph-d-/
This is all very nice in theory. The writer's approach is reasonable. But lets understand that these are not-for-profit institutions. They are not run with the objective of making money, therefore, they mostly don't, and in a larger sense they can't. They are obligated to, more or less, spend whatever comes in on furthering the objectives of the organization (or alternatively paying stupid salaries to managers and executives). So, everyone should understand that we need to take this notion that only 18 of these 229 athletic departments are "profitable" with a huge grain of salt.
I have the honor to be Your Obedient Servant - B.Aud
We all live in stories... It seems to me that a definition of any living vibrant society is that you constantly question those stories... The argument itself is freedom. It's not that you come to a conclusion about it. Through that argument you change your mind sometimes... That's how societies grow. When you can't retell for yourself the stories of your life then you live in a prison... Somebody else controls the story. - S. Rushdie
It's OK to not be OK.
Good Discussion! Good points Audit and Indy.
At some point in the future...
The P5 basketball and football players will go to court to try to get paid directly from the schools - won't they?
They already are. Johnson v NCAA is in circuit court right now asking for student athletes to be considered employees of the school and paid directly in cash. I'm pretty sure they'll win. Next step is share of earnings, I'm somewhat surprised that hasn't been filed yet.
This could be a good thing and not necessarily the dividing rod that some think, especially if coupled with serious NIL reform. The collectives would just become formal donors again and all the $$ would flow through the schools where it would be subject to equitable sharing, etc
Just speculation, but it’s possible with DB on the NCAA committee, NDSU knows NIL is soon to be subject to a massive change in scope, which is why there is no movement here. Just a guess and I have no idea, but some type of reform is needed