2013 College Football Thread (Realer than Real Deal Holyfield -->S/O Craftsy)

Reuben Foster got tattoos of money bags and stacks this morning in Auburn.....dude gon be Willie Williams 2.0 if he sticks with Auburn 
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 Inmates run that asylum.
[img]http://www.digitalsportscene.net/forum/images/smilies/crybaby.gif[/img]
 
Thought I'd post this here too

[h1]NCAA athletes can pursue TV money[/h1]

Updated: January 29, 2013, 10:52 PM ET

By Tom Farrey | ESPN.com

In dismissing a motion by the NCAA to prevent football and men's basketball players from legally pursuing a cut of live broadcast revenues, a federal court judge Tuesday raised the stakes for the governing body of college sports as it defends its economic model.

Judge Claudia Wilken issued her ruling Tuesday, rejecting the NCAA's motion that players in the antitrust suit led by former UCLA star Ed O'Bannon should be precluded from advancing their lawsuit on procedural grounds.

Now the (NCAA and its co-defendants) are facing potential liability in the billions of dollars instead of tens or hundreds of millions. It's a more accurate context for what the players deserve.
” -- Michael Hausfeld, interim lead counsel for plaintiffsThe NCAA had objected to the players amending their lawsuit last year to claim a share of all television game revenues, not just those from rebroadcasts.

"Now the (NCAA and its co-defendants) are facing potential liability that's based on the billions of dollars in revenue instead of tens or hundreds of millions," said Michael Hausfeld, interim lead counsel for the plaintiffs. "It's a more accurate context for what the players deserve."

Unlike NFL or NBA athletes, players lack a union or similar body to negotiate a share of revenues flowing from media and other licensing contracts. The NCAA does not legally treat athletes as employees, and players have not organized to represent their interests collectively.

The O'Bannon suit attacks that model through the means of class-action, the legal question now before Wilken. Former college stars such as Bill Russell and Oscar Robertson have joined O'Bannon on behalf of all Division I players in football and men's basketball, asking Wilken to declare that they are similarly situated and to certify the class.

Wilken on Tuesday set the hearing on that motion for June 20 and ordered the NCAA to make its arguments against class certification on the merits rather than procedural objections such as the one she just rejected. The NCAA was joined in that motion by its partner, Collegiate Licensing Company.

In a statement, NCAA general counsel Donald Remy characterized the ruling as a partial victory for the NCAA.

"Although our motion to strike was denied, the judge has signaled skepticism on plaintiff's class-certification motion and recognized the plaintiffs' radical change in their theory of the case," Remy said. "This is a step in the right direction toward allowing the NCAA to further demonstrate why this case is wrong on the law and that plaintiffs have failed to demonstrate that this case satisfies the criteria for class litigation."

The ruling was met with enthusiasm by Hausfeld, who leads a team that includes more than a dozen law firms that have invested more than $20 million in legal fees pursuing the lawsuit since 2009. The prospect of an award that recognizes live broadcast revenues helps support their efforts.

In the event that the plaintiffs prevail, Hausfeld has set up a mechanism for players to collect licensing revenues. The Former College Athletes Association (FCAA) would negotiate licenses with the NCAA, member colleges, video game and media companies, according to Jon King, a former Hausfeld LLC lawyer who worked on the case.

King disclosed the existence of the FCAA in a wrongful termination suit he filed against Hausfeld earlier this month. He was fired by Hausfeld for undisclosed reasons in October, after serving as one of the lead lawyers in developing the case for the plaintiffs.

Details about the FCAA are scant, but Hausfeld said it would not serve as a revenue stream for his firm. Overseeing formation of the FCAA are Sonny Vaccaro, an unpaid consultant who has worked with Hausfeld to build the anti-trust case; Ramogi Huma, president of the National College Players Association; and Ken Feinberg, a prominent Washington D.C. attorney who helped distribute nearly $7 billion to victims of the 9/11 terrorist attacks and has run other major victim compensation efforts.

Wilken has set a jury trial on the matter, if it gets that far, for June 2014.
 
Dickie Scruggs putting in work for Ole Miss, lol I can respect it

Once Sam Walton starts giving a **** about recruiting its gonna be a wrap, Arky gonna be nutty :lol
 
Like most athletic departments, The University of Tennessee faces monumental financial strain to remain competitive amongst the nation’s elite.

Their efforts to compete has led to nearly $200 million in debt and less than $2 million in reserves, reports the Sports Business Daily.

The Tennessee football program hired Butch Jones from Cincinnati after firing Derek Dooley in November after three seasons. The school still owes Dooley a $5 million buyout and $2 million more to his assistants.

Now, after staggering to losing football seasons in four of the last five years and seeing attendance drop to levels last seen in the 1970s, the Vols find themselves mired in more than $200 million of debt, the most in the SEC, with reserves of just $1.95 million, the least in the conference.

The athletic department spends a startling $21 million a year on debt payments, $13.5 million of which comes from the school’s stressed $99.5 million athletic budget and the rest from donations.

“We’ve got to get football healthy,” athletic director Dave Hart said. “That’s our economic engine. When that program is successful, everybody wins.”

That’s easier said than done. In the past three seasons, the football team went 15-21 overall and 4-19 in Southeastern Conference play.

Vols financially strapped but not alone

By Kristi Dosh | Jan 29, 2013 7:09 PM
The financial health of University of Tennessee athletics looks grim on paper: $200 million in debt. A 2012 season that saw the worst football attendance since 1979. Just under $2 million in reserves.

Although it might sound like one of the SEC’s most storied programs is in a full collapse (SportsBusiness Journal points out the Vols’ $200 million in debt is the most in the SEC), the university’s financial status may not be that far out of line with other conference schools.

Comparing fiscal health between universities can be a tough task, as schools use vastly different procedures for financing and building new facilities. And every school has unique funding and expense circumstances.

For example, the University of Kentucky carries no outstanding debt or debt service on the facility where its teams play basketball. Rupp Arena is owned by the city, and the Wildcats pay rent and split revenue on parking and concessions instead. It’s a pretty good deal.

In addition, outstanding debt and debt service for athletic departments can fluctuate greatly from year to year. Just a year ago, Alabama and LSU carried more debt on their books than Tennessee. According to Alabama’s 2010-11 NCAA financial disclosure, it had outstanding debt of $207 million. LSU came in right behind at $202 million. Tennessee was third in the conference at $188 million. For the 2010-11 fiscal year, Tennessee was fifth when it came to annual debt service payments, behind Alabama, LSU, Georgia and Auburn.

The schools change positions in such rankings based on a few factors, with one being short-term financing that is later converted to long-term financing. This is the reason Tennessee saw its debt service payments jump from $7.7 million in 2010-11 to $13.5 million in 2011-12. According to the University of Florida’s University Athletic Association audited financials for the 2010-11 fiscal year, current debt payments of $6 million will balloon to $31 million in 2018.

Other factors when looking at the fiscal health of an athletic department:

• How much a department must return to the university. Tennessee has returned $29 million the past five years under agreements from a previous administration, for example.

• Tax expenses. Tennessee is in a unique position in relation to its SEC peers because it pays 9.25 percent in sales tax on tickets sold, and an additional 5 percent on tickets for football, and men’s and women’s basketball.

But no matter how it’s measured, amassed or counted, debt is money owed, and it has to be paid back.

Tennessee athletic director Dave Hart has asked Chancellor Jimmy Cheek for help.

“I asked him, would he consider when we’re done renegotiating the SEC [television] contract, could all the money stay in athletics, and he said, ‘Yes,’” said Hart. “Secondly, because we were in a football staff transition, I said, ‘Will you return some of that athletics money [currently committed under previous agreements to the university] so we can stabilize?’ and he agreed.”

Last year’s athletics budget shortage was covered by athletic reserves but depleted the fund to just $1.95 million.

“That was the biggest surprise to me, that our reserve had reached that level,” said Hart, who was hired 16 months ago. “In this conference, that’s unusual.”

The chancellor has agreed that funds of $7 million per year previously committed to the university will be suspended for three years, in an effort to rebuild the reserve fund.

Asked if any sports will have to be contracted in order to make ends meet, Hart said, “Absolutely not.”

Referring to the current situation as a “perfect storm” of financial events, Hart said, “We’ll be fine long-term -- no question in my mind.”

Damn. And now kids are going to be allowed to pursue TV money? Not happening...
 
Hatcher back to USC?

wildcat clown *** not in here crying about this
Keith Kelsey Jr. couldn’t just commit to Louisville and move on without stirring up the citizens of Big Blue Nation. He had to stick it to us before picking Charlie Strong and the dark side:

“I think that I will be attending the University of Kentucky to be a Wildcat. Psyche. I’m a Louisville Cardinal, baby. Go Cards!”

Welcome to the rivalry
Reuben foster is visting San diego state now a few weeks after visting UW? you talking about just taken vists just cause
 
i just saw the report and came in here to pop off at wildky but u beat me to it.

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@jdemling
I'm guessing Kentucky wants Trinity's Jason Hatcher pretty bad. Five coaches, including Stoops and both coordinators, currently at Trinity.

it ain't over!

crying over Kelsey. :lol his dad played for Strong.

don't come in here talking about a 3 star dude going to Louisville instead of Kentucky when you're asking "who cares?" about flipping McWilson, clown. we gonna get Badet, too.
 
No issue w/ Golden per se, the HC is bffs w/ Bielema and is was pushing him to Wisky & now trying to do the same w/ Arky
 
No issue w/ Golden per se, the HC is bffs w/ Bielema and is was pushing him to Wisky & now trying to do the same w/ Arky

Kinda weird ain't that? Supposed to be "about the kids" yet someone would try to force a kid to Arkansas rather than Miami, at RB? We've got like 8 RB's in the NFL, pretty sure we could get that kid there too with work and injury luck and what not, sending him to Arkansas, to play for your bff, that's just......strange.

That whole high school to college recruiting stuff is worse than military recruiters. :lol
 
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