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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.

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

Stallion wrote: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

fifty wrote:

SMU 86 wrote: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...

fifty wrote: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.

MustangStealth wrote:We were truly trailblazers.