With new rules, Longhorns will pay each player $10,000

[SMU 86]

If it is $10,000 per year that is not very much imo for UT. I think they called it laundry money back in the old days.
http://www.dallasnews.com/sports/colleg ... 45ba53a385

[mrydel]

Except in my old days the monthly laundry money was $10. I would say even at my age this beats inflation. But not by much.

[Pony ^]

I can't wait to see how those liberal texas professors react

[SMU 86]

I wonder if Bams goes to $12,000 to make it at least $1000 per month.

[fifty]

What sports get paid? Everyone?

Chris Del Conte, Athletic Director at Texas Christian University, didn’t disagree with that. But he and Patterson both said schools should set their own priorities. Those that invest in top-flight athletics should be rewarded, they said.
Del Conte said TCU decided it would make the investments necessary to compete nationally, and ultimately joined a major conference, the Big 12.
“We invested, even back when we didn’t know the future of that investment,” he said. “We decided, and our alumni had decided, that we were going to compete.”
It wasn’t cheap. To renovate its 45,000-seat football stadium, TCU raised $15 million each from five wealthy donors, he said, and added that they had “nickel-and-dimed our way to the rest [of the $164 million bill], with a million here and $5 million there.”
The payoff? Applications to TCU surged to 20,000 a year for its 1,600 spots.

[SMU 86]

What sports get paid? Everyone?

Chris Del Conte, Athletic Director at Texas Christian University, didn’t disagree with that. But he and Patterson both said schools should set their own priorities. Those that invest in top-flight athletics should be rewarded, they said.
Del Conte said TCU decided it would make the investments necessary to compete nationally, and ultimately joined a major conference, the Big 12.
“We invested, even back when we didn’t know the future of that investment,” he said. “We decided, and our alumni had decided, that we were going to compete.”
It wasn’t cheap. To renovate its 45,000-seat football stadium, TCU raised $15 million each from five wealthy donors, he said, and added that they had “nickel-and-dimed our way to the rest [of the $164 million bill], with a million here and $5 million there.”
The payoff? Applications to TCU surged to 20,000 a year for its 1,600 spots.

I would imagine revenue generating sports.

[fifty]

I wonder if Bams goes to $12,000 to make it at least $1000 per month.

I thought there was some NCAA $5,000 limit...

[Stallion]

So 6 Million a year is not much-huh

Its a lot more than we even get for our TV rights

6 Million a year is not going to be a drop in the bucket for SMU. We are being funded by a small group of Millionaires. UT is being funded by P5 money and 100,000 paying customers. We've got fans running around thinking we can match TCU and Baylor. We can't-we are talking about 45-Million Dollars a year simply in funding based on P5 revenues and game day revenue. The same guys are going to be asked to fund Football and Basketball Head and Assistant coaching staffs. There's another 4-5 Million. Some think it will never work without a massive advertising campaign. Whose going to fund that?
We've got about 10,000 reliable fans

[SMU 86]

So 6 Million a year is not much-huh

Its a lot more than we even get for our TV rights

6 Million a year is not going to be a drop in the bucket for SMU. We are being funded by a small group of Millionaires. UT is being funded by P5 money and 100,000 paying customers. We've got fans running around thinking we can match TCU and Baylor. We can't-we are talking about 45-Million Dollars a year simply in funding based on P5 revenues and game day revenue. The same guys are going to be asked to fund Football and Basketball Head and Assistant coaching staffs. There's another 4-5 Million. Some think it will never work without a massive advertising campaign. Whose going to fund that?
We've got about 10,000 reliable fans

I am talking about for schools like UT and Bama. Compared to the 163 million per year UT generates it isn't.

[SMU 86]

I wonder if Bams goes to $12,000 to make it at least $1000 per month.

I thought there was some NCAA $5,000 limit...

Limit per month or per year?

[fifty]

I thought there was NCAA limit of $5,000 per year for all athletes which many AAC schools would supposedly match and everything would be peachy.

If Texas bill is $6million, that means they're paying 600 athletes (everyone) $10,000 (loopholing the $5k number) and we are screwed.

[SMU 86]

I thought there was NCAA limit of $5,000 per year for all athletes which many AAC schools would supposedly match and everything would be peachy.

If Texas bill is $6million, that means they're paying 600 athletes (everyone) $10,000 (loopholing the $5k number) and we are screwed.

As stated in the article it is the new rule so I would suppose it is legal since UT has publicly announce the $10,000 per year payment. I don't think there was ever a number given but $5,000 may have been just a number speculated on. They are paying $5000 for the use of the player's image alone.

[fifty]

I guess this is what I was referencing. Either way, I originally thought we could keep up with these "stipends". I doubt that now.
http://www.businessweek.com/articles/20 ... r-ncca-inc

2. $5,000 stipends. Wilken granted the plaintiffs’ request that in the future universities be allowed to provide football and basketball players with annual stipends derived from licensing deals with broadcasters, video game makers, and others who want to secure rights to use the players names or images. To allay concerns about excessive commercialization, the stipends could be limited to no more than $5,000 per player per year and could be held in trust until after recipients leave school, the judge said.

[MustangStealth]

We were truly trailblazers.

[fifty]

We were truly trailblazers.

Lol nice avatar.
We should get reparations for this [deleted]. D2 here we come.