forums

It’s over

CanesReign83 said:
His point is that the money will start coming back in just like it used to. Why shut it all down over a temporary decline in revenue?
Click to expand...
Because universities don't make enough money to cover short term liabilities. At the very least, you are talking major layoffs. I don't see how universities can pay coaching staffs to essentially take a year off.
 
Advertisement
Dr.L.ThugU said:
Insertlookatthisfagg0t.gif

I'm sure your socialist *** won't mind sharing the gif with @CashMoneyCane and @CaneInHeelCountry ...another couple **** gobblers
Click to expand...
You Are Mad GIF
 
Tad Footeball said:
You've taken too much hydroxychloroquine with a lysol chaser if you think college sports (football and basketball) will "collapse all together". I guess the money that was there before would somehow not be there when sports resume this spring or next fall or the year 2048. Or maybe Power 5 colleges will just be too tired of it all to bother resuming athletics and begin cashing in again? This ain't your local restaurant that was obviously living on month to month profits and immediately went belly-up in March.
Click to expand...
In 2018 the Alabama Athletic Department recorded a $10M profit. That's with them making the BCS and selling out all home games. Total revenue was $164M, of which 60% was football. Expenses were $154M.

Let's say Alabama has no sports in 2020 or 2021. They save on travel and they save a lot on not having to pay for surgeries for injured players. On the negative side, they lose out on ticket revenue ($39.1M) and all core content revenue ($48M). The Crimson Tide suddenly goes deeply into the red. Can the University of Alabama keep a program going indefinitely with those sort of expenses? They can't, and that's Alabama - a team that makes a tremendous amount of revenue.

Likewise with the NFL. If college football shuts down for safety reasons, there's no legitimate reason that the National Football League should not be shuttered as well. And like college, absent ticket sales and television revenue there is also no reason that the NFL would not eventually collapse either.
 
Andrew said:
Because universities don't make enough money to cover short term liabilities. At the very least, you are talking major layoffs. I don't see how universities can pay coaching staffs to essentially take a year off.
Click to expand...

well find out soon enough. its likely heading towards a cancellation. better hope the school has a rainy day fund. likely, there will be a massive cuts in pay for the short term though.
 
Advertisement
jmccomber5 said:
Who can survive 18 months without revenue? You underestimate how much money these programs have. The top 20 might survive, but there aren’t millions of dollars stashed away at most programs. At the very least, non revenue sports will see scholarships go away. You’ll have to convince me how they survive if there is no money coming in for a year and a half
Click to expand...
I won't disagree with you about the potential (at least short term) major ramifications on the non-revenue sports. That's absolutely a fair point on your part as one need not look beyond Stanford already getting rid of men's volleyball and other sports.

The money for the Power 5 teams in football and basketball is too great and will remain that way (barring a total collapse of our economy and society) for this to change the landscape in any meaningful way.
 
they are trying to bankrupt the country so Trump loses. Pelosi crashed the economy in 2008 by not bailing out lehmans brothers.
Now. corona is very contgious but it has a less than 1-2% morality rate and if you dont have a co-morbidity its like .00004% of 1%. I know people who works in hospitals who said they were told to put no covid deaths as "likely" or "possible" covid deaths. You know why? without elective surgeries, hospitals need funding. They also said if you take two covid tests and both are positive, they count you as two seperate cases. if you take an anti-body test you are counted as a new case even though you could have had it as far back as march. Also, i know a few people who took a test, were positive then took another test and were negative. dont tell me there are not false positives. I will also concede people need to be more cautious like wearing masks but this thing is really about ruining the economy so trump loses to the guy with dementia.
 
CanesReign83 said:
His point is that the money will start coming back in just like it used to. Why shut it all down over a temporary decline in revenue?
Click to expand...
There is no way they have the balance sheet to
sustain salaries for coaches, staffs and support plus pay for scholarships for kids not to play. A lot of programs get money from local businesses that won’t have that money to give. Maybe I’m misreading but it’s hard to imagine college sports not changing drastically
 
hoops156 said:
well find out soon enough. its likely heading towards a cancellation. better hope the school has a rainy day fund. likely, there will be a massive cuts in pay for the short term though.
Click to expand...
I don't there is one they can spend on athletics.
 
Advertisement
Andrew said:
Because universities don't make enough money to cover short term liabilities. At the very least, you are talking major layoffs. I don't see how universities can pay coaching staffs to essentially take a year off.
Click to expand...

But his point was that they won't start up again. Schools will find a way to tread water in order to be able to start up the gold mine again after the election.
 
jmccomber5 said:
Even if 2021 does happen, how many ADs can survive 18 months of no revenue? They will have to cut athletics all together or stop giving scholarships. We might all be headed for the Ivy model. Then all these kids who have been given the chance to go get a degree and have a shot at
making it to the league will be left with nothing. It’s the Booby Miles Friday Night Lights Scene - “what am I gonna do now? All I know how to do is play football!” They is wont need to unionize because there won’t be any sports to play
Click to expand...
If the NFL has to shut down for two years there will likely be league contraction. Or it might go the way of the Arena Football League.

If this is a two year scenario, the only major league sport that will definitely survive is the NBA, which has team sizes small enough to allow for a theoretical season-long quarantine.
 
nycane said:
they are trying to bankrupt the country so Trump loses. Pelosi crashed the economy in 2008 by not bailing out lehmans brothers.
Now. corona is very contgious but it has a less than 1-2% morality rate and if you dont have a co-morbidity its like .00004% of 1%. I know people who works in hospitals who said they were told to put no covid deaths as "likely" or "possible" covid deaths. You know why? without elective surgeries, hospitals need funding. They also said if you take two covid tests and both are positive, they count you as two seperate cases. if you take an anti-body test you are counted as a new case even though you could have had it as far back as march. Also, i know a few people who took a test, were positive then took another test and were negative. dont tell me there are not false positives. I will also concede people need to be more cautious like wearing masks but this thing is really about ruining the economy so trump loses to the guy with dementia.
Click to expand...

actually florida has counted negatives multiple times (like if you took three tests and came negative three times it counted three times), but counted positive once. not sure if that changed but thats how it was counted
 
Advertisement
Lance Roffers said:
I’ve yet to see a good reply to how are players safer not being in a controlled environment with coaches trying to keep them accountable, testing twice a week, protocols in place, football occupying their time and energy, than they would be without football and left to their own devices.

This is about preventing lawsuits from players who contract the virus. Universities want no part of litigation because they’d box themselves into admitting players are employees or in being responsible for their care. The choice is giving them fuel to unionize and kill the golden goose they have it opens them up to millions in civil suits.

College sports need a vaccine to play again.
Click to expand...
Post of the year.
 
Advertisement
jmccomber5 said:
There is no way they have the balance sheet to
sustain salaries for coaches, staffs and support plus pay for scholarships for kids not to play. A lot of programs get money from local businesses that won’t have that money to give. Maybe I’m misreading but it’s hard to imagine college sports not changing drastically
Click to expand...
I agree with that. But they print money when sports are active. There's no chance they're going to shut down for good.
 
Lance Roffers said:
Fine, I’ll agree to testing once a week. My pointS stand in my mind.
Click to expand...
which is fine. look it isnt bout the virus or even the kids. its about money and risk. it was always about that. it was dumb for the conferences not to consider this sooner and come up with a plan but just as everything else, they ****ed up their thought process.
 
hoops156 said:
actually florida has counted negatives multiple times (like if you took three tests and came negative three times it counted three times), but counted positive once. not sure if that changed but thats how it was counted
Click to expand...
i m just really ****ed because cuomo is getting away with criminally negligent homicide.

Side note, a hospital in san antonio wrongly reported 3,500 deaths as covid deaths? will the media go back and correct those numbers?
 
Advertisement
Back
Top