Martin said on Hawktalk last night that last year when some of our players were turning down money it was in the $100k range and this year it is $300-$500k for depth and higher for starters. They also said that since Tracy has two years left he might make $1.5m. This wasnt on a zoom this was his public show (although I think it said there were 12 viewers)- so I think these stats are fair to share
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This would imply that NIL budgets are going up 2-3x next year, which makes sense given the revenues the top programs are generating. For example, Ohio State football generates north of $200 million annually. So it wouldnât surprise me if their payroll goes from $20 million in 2024 to $50 million in 2025.
Who are the billionaires funding each school?
Michigan - Larry Ellison ($223 billion net worth)
Ohio State - Lex Wexner ($8 billion)
Indiana - Mark Cuban ($6 billion)
If these modern day robber barons want to give their spare change to college football players, I am all for it.
Repeating myself, but I just donât know the SEC has the same alumni spending power. I really think ESPN mightâve inadvertently screwed themselves here. Individual alumni are now giving more money than ESPN. They gave away their biggest bargaining chip.
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What do those numbers look like?
There are a lot of SEC schools in very poor states, but nothing surprising about the huge amounts of money coming out of Texas and A &M, all kinds of rich people there, especially in the oil business. Georgia has Atlanta, one of the richest cities in the country. Louisiana is a poor state, obviously spending the money on LSU football instead of all the problems the state has⌠When you first say SEC, Texas is not a state which comes to mind.
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What makes anyone think a cap will be realistic? Theyâll just pay players like they always haveâŚunder the table