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Post by 84aztec96 on Apr 30, 2024 5:41:08 GMT -8
This is a very painful process, but it is what it is...Aztecs are either going to generate enough money to adequately compensate the players or they are going to lose them.
I estimate a player salary budget for basketball of about 6 million. So is it possible to slash season ticket prices by $500 and require a "donation" of $500 to the Aztec player fund? 12,000 season tickets x $500 = $6,000,000.
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Post by aztecdan8 on Apr 30, 2024 5:54:20 GMT -8
This is a very painful process, but it is what it is...Aztecs are either going to generate enough money to adequately compensate the players or they are going to lose them. I estimate a player salary budget for basketball of about 6 million. So is it possible to slash season ticket prices by $500 and require a "donation" of $500 to the Aztec player fund? 12,000 season tickets x $500 = $6,000,000. The problem with that is it will take a sledgehammer to our BB Operating budget which is about $7.7mil IIRC. We already have one of, if not the, lowest budgets to work with of any perennial top 15-20 programs. By contrast, Gonzaga's is about $27mil. |
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Post by 84aztec96 on Apr 30, 2024 5:56:57 GMT -8
This is a very painful process, but it is what it is...Aztecs are either going to generate enough money to adequately compensate the players or they are going to lose them. I estimate a player salary budget for basketball of about 6 million. So is it possible to slash season ticket prices by $500 and require a "donation" of $500 to the Aztec player fund? 12,000 season tickets x $500 = $6,000,000. The problem with that is it will take a sledgehammer to our BB Operating budget which is about $7.7mil IIRC. We already have one of, if not the, lowest budgets to work with of any perennial top 15-20 programs. By contrast, Gonzaga's is about $27mil. Wow! That is a problem! EDIT: Just increase ticket cost by $500 going to "Aztec player fund"? It is a lot of money, and I'm sure you would lose season ticket holders, but... just throwing stuff out there. |
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Post by aztecdan8 on Apr 30, 2024 6:03:03 GMT -8
The problem with that is it will take a sledgehammer to our BB Operating budget which is about $7.7mil IIRC. We already have one of, if not the, lowest budgets to work with of any perennial top 15-20 programs. By contrast, Gonzaga's is about $27mil. Wow! That is a problem! Yeah the only real ways out of this is to ... - stay the course and hope you attract the right kind of kids that have other priorities than huge NIL money. - find ways to raise way more NIL money to try to compete on that - wait until most of the big programs have spent their NIL money, filled their rosters, and then you're competing with other low/no NIL schools for the remaining players in the portal |
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Post by hoobs on Apr 30, 2024 8:14:35 GMT -8
The problem with that is it will take a sledgehammer to our BB Operating budget which is about $7.7mil IIRC. We already have one of, if not the, lowest budgets to work with of any perennial top 15-20 programs. By contrast, Gonzaga's is about $27mil. Wow! That is a problem! EDIT: Just increase ticket cost by $500 going to "Aztec player fund"? It is a lot of money, and I'm sure you would lose season ticket holders, but... just throwing stuff out there. Who knows how/when NIL rules might change, but for now there's a very specific line where NIL $$$ can't come from the universities themselves. So can't be a surcharge on tickets. It's not a horrible idea, but for now / to the best of my knowledge not "legal". |
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Post by aztecking on Apr 30, 2024 8:29:14 GMT -8
Wow! That is a problem! EDIT: Just increase ticket cost by $500 going to "Aztec player fund"? It is a lot of money, and I'm sure you would lose season ticket holders, but... just throwing stuff out there. Who knows how/when NIL rules might change, but for now there's a very specific line where NIL $$$ can't come from the universities themselves. So can't be a surcharge on tickets. It's not a horrible idea, but for now / to the best of my knowledge not "legal". The NCAA has no power anymore. I say just do it cause then everyone else will too and when the NCAA tries to challenge it they will just lose yet another court case. |
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Post by docmm on Apr 30, 2024 8:35:31 GMT -8
Who knows how/when NIL rules might change, but for now there's a very specific line where NIL $$$ can't come from the universities themselves. So can't be a surcharge on tickets. It's not a horrible idea, but for now / to the best of my knowledge not "legal". The NCAA has no power anymore. I say just do it cause then everyone else will too and when the NCAA tries to challenge it they will just lose yet another court case. Agree, they've been a paper tiger for about 20 years now. Jerry Tarkanian said it best: "The NCAA is so mad at Kentucky they're going to give Cleveland State another year of probation.” |
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