The Official Maryland Terps Thread

[Darrell Green Fan]

Revenue is about to change for the better.

20m will be allotted to the athletic programs.

Primarily for the Big Three (Men's basketball, WBB, football)

Definitely need to up our NIL game but we'll be getting our full Big Ten shares in the next year or two if I remember correctly.

Can you expIain this to me? Is this new money going from the university to the athletic department? Or are all BIG teams getting the same bump? Or is this a new spit of the MD NIL money?

If it's the first one that's the only way Maryland is narrowing the gap with the other teams. If it's just a larger percent of the overall athletic budget going to basketball again it's a very small amount to begin with and they wil still be underfunded when compared to other BIG basketball programs. Obviously if every team in the league gets a similar bump the gap won't narrow.

Following the House v. NCAA settlement, Division I schools can now share athletic department revenues with student-athletes, starting in the 2025-26 academic year, with a tentative annual revenue sharing cap of around $20.5 million per school, potentially growing to $30 million over time.

That's what I was afraid of. So every program that Maryland is competing against for players also got the same bump so this does not close the gap at all and Maryland remains at a competitive disadvantage.

[Brave]

Can you expIain this to me? Is this new money going from the university to the athletic department? Or are all BIG teams getting the same bump? Or is this a new spit of the MD NIL money?

If it's the first one that's the only way Maryland is narrowing the gap with the other teams. If it's just a larger percent of the overall athletic budget going to basketball again it's a very small amount to begin with and they wil still be underfunded when compared to other BIG basketball programs. Obviously if every team in the league gets a similar bump the gap won't narrow.

Following the House v. NCAA settlement, Division I schools can now share athletic department revenues with student-athletes, starting in the 2025-26 academic year, with a tentative annual revenue sharing cap of around $20.5 million per school, potentially growing to $30 million over time.

That's what I was afraid of. So every program that Maryland is competing against for players also got the same bump so this does not close the gap at all and Maryland remains at a competitive disadvantage.

It actually does level the playing field.

NIL will have to be approved by a clearinghouse.

Boosters wont be able to just give crazy amounts of money with no strings attached.

The clearinghouse will determine what a player is actually worth.
https://sports.yahoo.com/with-nil-era-e ... 22732.html

The answer, though not easy, is that athletes land true endorsement and commercial deals from outside the school with third-party brands and companies. Third-party deals do not count against a school’s salary cap. However, in an effort to limit booster involvement, the settlement orders all third-party deals of $600 or more from school-affiliated boosters, or collections of them, to gain approval from a new NIL clearinghouse.

The clearinghouse, operated by Deloitte, is charged with verifying the authenticity of these deals using “fair market value” rates, poised to eliminate phony booster-backed compensation agreements so prevalent in the industry over the previous three years.

While many question the legality of this, power league executives, holding authority over many settlement-related decisions (not the NCAA), contend that the settlement grants them protections to enforce long-standing NCAA rules against booster payments. In fact, they are creating a separate enforcement entity — not the NCAA — to police the cap and levy penalties on those attempting to manipulate it, such as player ineligibility and school fines.

[Darrell Green Fan]

Following the House v. NCAA settlement, Division I schools can now share athletic department revenues with student-athletes, starting in the 2025-26 academic year, with a tentative annual revenue sharing cap of around $20.5 million per school, potentially growing to $30 million over time.

That's what I was afraid of. So every program that Maryland is competing against for players also got the same bump so this does not close the gap at all and Maryland remains at a competitive disadvantage.

It actually does level the playing field.

NIL will have to be approved by a clearinghouse.

Boosters wont be able to just give crazy amounts of money with no strings attached.

The clearinghouse will determine what a player is actually worth.
https://sports.yahoo.com/with-nil-era-e ... 22732.html

The answer, though not easy, is that athletes land true endorsement and commercial deals from outside the school with third-party brands and companies. Third-party deals do not count against a school’s salary cap. However, in an effort to limit booster involvement, the settlement orders all third-party deals of $600 or more from school-affiliated boosters, or collections of them, to gain approval from a new NIL clearinghouse.

The clearinghouse, operated by Deloitte, is charged with verifying the authenticity of these deals using “fair market value” rates, poised to eliminate phony booster-backed compensation agreements so prevalent in the industry over the previous three years.

While many question the legality of this, power league executives, holding authority over many settlement-related decisions (not the NCAA), contend that the settlement grants them protections to enforce long-standing NCAA rules against booster payments. In fact, they are creating a separate enforcement entity — not the NCAA — to police the cap and levy penalties on those attempting to manipulate it, such as player ineligibility and school fines.

Thanks for this. I've been saying for a while NIL is so frustrating. Fans have no idea who is paid and how much they receive, it's been the wild wild west with no regulation. I was not aware that the $20 million was effectively replacing NIL with a form of a salary cap. I follow Terps threads and this was never once mentioned.

But I think it's naive to believe the power schools are all playing by the rules and not using some of the money from their coffers to pay for play acquisition or that a big booster will not donate more than is allowed.

[Brave]

[Brave]

[Brave]

[Darrell Green Fan]

DHS was Heath Shuler.

I kind of figured all year, even before Willard's departure, we'd have a totally different team next year. For the first time in my life I didn't memorize what year the player was. Seems that doesn't matter anymore with all the turnover.

Early in the season Gapare was my favorite player. I know he got sick and the competition got much better but I'll never understand what happened there.

I am still trying to remember the last time Jay Young made a positive offensive play. I think it was December.

Maryland Basketball right now is the great unknown and that is very troubling.

[Brave]

[Brave]

[Brave]