NIL $$$

Non profits and not for profits do have some duties to make their financials available to the public, but there’s tons of ways to be less than transparent even if you’re showing all the money that moves in and out. I would say the lions share of NIL deals are booster/collective sponsored. Some kids have received some big deals from unaffiliated third parties, but most have some tie to the school the kids are attending. Safe to assume the school is losing out on money that’s given to the players directly. Not many of the smaller folks can afford to do both. Even the bigger guys are unlikely to want to give their normal contribution to the schools, double down on NIL, and then triple down when they’re hit up for facilities upgrades they would have contributed to prior to NIL.

 

The UAA isn’t a state entity, so its financials aren’t subject to Sunshine Laws. I wouldn’t bet on transparency anytime in the near future.

 

It is a not for profit, and they do have to release some of their financials. If you've ever seen one of the reports they release, you'd see that they don't really tell you a whole lot about what's happening though. Money in and money out maybe, but not exactly where it all comes from and exactly where it all goes. I wouldn't be shocked to see salary info released if/when we get to that point, but I also won't be shocked if it's not public. Those numbers alone won't tell you much of anything anyway though, as the lions share of the money is still going to come from 3rd parties, not much different from the way it is right now.

 

University of Florida, all sports, 2023. Is this difference ($13,403,732) the money that will be distributed to athletes?
Public data from Home - Knight Commission on Intercollegiate Athletics generated via custom download Home page | College Athletics Database and compiled via Google spreadsheet.



Expenses
Student-Athlete Meals (Non-Travel)
Meal allowance and food/snacks provided to student-athletes outside of competition travel.
Excess Transfers Back
Positive net revenues generated by athletics and transferred to the institution for non-athletics purposes. These funds are in excess of the transfers subtracted from the institutional and governmental funds allocated to athletics.
Total Coaching Severance
Payments and benefits made for coaches and/or administrative staff no longer employed by the school.
Other Expenses
Expenses related to the following categories: Sports equipment, uniforms and supplies, fundraising, marketing and promotion, sports camps, spirit groups, direct overhead and administrative expenses, indirect institutional support, membership and dues, student-athlete meals, and, other operating expenses.
Medical
Medical expenses and medical insurance premiums.
Competition Guarantees
Amounts paid to visiting participating institutions, including per diems and/or travel and meals.
Recruiting
Spending on transportation, lodging, meals, and other personnel and administrative expenses relating to recruitment of prospective student-athletes.
Game Expenses and Travel
Game expenses relate to competition expenses other than travel. Travel relates to spending on transportation, lodging, meals, and incidentals related to preseason, regular season, and post-season competition.
Facilities, Debt Service, and Equipment
Facility expenses include debt service, leases, and rental fees for athletic facilities. This includes overhead and administrative expenses. Equipment expenses includes spending for items provided to teams, including in-kind equipment.
Coaches Compensation
Coaches compensation includes bonuses and benefits, but not severance payments. This category includes direct payment and bonuses to coaches from the institution and from a third party.
Non-Coaching Athletics Staff Compensation
Support and administrative staff compensation includes bonuses and benefits paid to all administrative and support staff. This category includes direct payment from the institution and payment from a third party. Severance payments for former coaches and administrators are also included.
Athletic Student Aid
Total expenses for athletic student aid, including tuition and fees, room and board, books, summer school, tuition discounts, and waivers, including aid given to student-athletes who have exhausted their eligibility or who are inactive due to medical reasons.

Revenue
Other Revenue
Revenue from the following categories: Compensation and benefits provided by a third party; game program, novelty, parking and concession sales; sports camps and clinics; athletics restricted endowment and investments income; and, other operating revenue.
Corporate Sponsorship, Advertising, Licensing
Revenue generated by the institution from royalties, licensing, advertisements and sponsorships.
Donor Contributions
Funds contributed from individuals, corporations, associations, foundations, clubs or other organizations external to the athletics program above the face value for tickets.
Competition Guarantees
Revenue received from participation in away or neutral-site games.
Conference/NCAA Distributions, Media Rights, and Post-Season Football
Revenue received from the NCAA (including championships) and athletics conferences, media rights, and post-season football bowl games.
Ticket Sales
Revenue received from ticket sales for all NCAA-sponsored sports at an institution.
Institutional/Government Support
Revenue received from governments, direct funds from the institution for athletics operations, and costs covered and services provided by the institution to athletics (and for athletics debt) but not charged to athletics.
Student Fees
Fees paid by student and allocated for the restricted use of the athletics department.

 

I don't know if the agreement has been accepted by the courts yet or finalized, but whatever they were trying to sell would cap the school's contribution directly to the athletes at 20 million. If that is split up somewhat evenly across the entire athletic dept (title 9?), that part will be pennies compared to some of the NIL deals these guys/girls are already getting. All schools probably don't have 20 mill in surplus to give to their athletes.

 

College coaches sure are paid well

 

It's a good career path if you can get it.

And you really only need one job to be set.

 

If you enter at the bottom, it's pretty miserable pay, hours, and job security.

 

True, but then again so is pretty much every job in every industry these days vs the cost of living