How much money will IOwa pay its FB players? Have we seen a payment plan?

[uihawk82]

Isnt this the plan now due to some court cases? Are we talking single or double digits of thousands of dollars?

Are all the football players getting the same amount?

 

[squeezebox]

reports state the average p5 starter makes between 100-300k

 

[DogBoyRy]

reports state the average p5 starter makes between 100-300k

That would not be an average.
Just sayin.

 

[squeezebox]

That would not be an average.
Just sayin.

If you would like to be specific in saying that's a median, I don't know, the report says average. Take that for what you will, but thanks for the correction.

 

[DogBoyRy]

If you would like to be specific in saying that's a median, I don't know, the report says average. Take that for what you will, but thanks for the correction.

Not a median either.
Just sayin.

 

[squeezebox]

Not a median either.
Just sayin.

 

[HawksRule73]

The total number for the athletic department will be somewhere in the neighborhood of $21M/year. Of that, I'm hearing 70% will go to football, 15% to men's basketball, 10% to women's basketball, and the remaining 5% split among a few other sports.

So 70% of $21M is $14.7M. I'm going to guess that the 22 starters will get probably 60% of that money, so that comes to about $8.8M or an avg of $400,000 per starter. The remaining $5.9M will go to the other 85 roster guys, which comes to an avg of about $70,000 per reserve.

On the men's basketball side, it'll work much the same way. 15% of $21M is $3,150,000. Of that amount 60% will go to starters, giving each of them an avg of $378,000. The remaining 40% will go to the reserves, giving them about $125,000 per reserve.

Will see if that's ultimately how it plays out, but I'm guessing that'll be pretty close.

 

[squeezebox]

The total number for the athletic department will be somewhere in the neighborhood of $21M/year. Of that, I'm hearing 70% will go to football, 15% to men's basketball, 10% to women's basketball, and the remaining 5% split among a few other sports.

So 70% of $21M is $14.7M. I'm going to guess that the 22 starters will get probably 60% of that money, so that comes to about $8.8M or an avg of $400,000 per starter. The remaining $5.9M will go to the other 85 roster guys, which comes to an avg of about $70,000 per reserve.

On the men's basketball side, it'll work much the same way. 15% of $21M is $3,150,000. Of that amount 60% will go to starters, giving each of them an avg of $378,000. The remaining 40% will go to the reserves, giving them about $125,000 per reserve.

Will see if that's ultimately how it plays out, but I'm guessing that'll be pretty close.

The bigger question is does the university actually payout the 20.5 +4% annual increase each year?

 

[BurgHawk87]

The total number for the athletic department will be somewhere in the neighborhood of $21M/year. Of that, I'm hearing 70% will go to football, 15% to men's basketball, 10% to women's basketball, and the remaining 5% split among a few other sports.

So 70% of $21M is $14.7M. I'm going to guess that the 22 starters will get probably 60% of that money, so that comes to about $8.8M or an avg of $400,000 per starter. The remaining $5.9M will go to the other 85 roster guys, which comes to an avg of about $70,000 per reserve.

On the men's basketball side, it'll work much the same way. 15% of $21M is $3,150,000. Of that amount 60% will go to starters, giving each of them an avg of $378,000. The remaining 40% will go to the reserves, giving them about $125,000 per reserve.

Will see if that's ultimately how it plays out, but I'm guessing that'll be pretty close.

If that's the case for basketball then any player who isn't a sure fire draft pick would be a doofus to leave.

 

[HawksRule73]

The bigger question is does the university actually payout the 20.5 +4% annual increase each year?

I think they will. Our program will die on the vine if we don't.

 

[the24fan]

said before u should add it to ticket costs as a surcharge. Fans will still come to games. People much more likely to go along with a charge they don’t see directly out of their pocket. JMO

 

[squeezebox]

said before u should add it to ticket costs as a surcharge. Fans will still come to games. People much more likely to go along with a charge they don’t see directly out of their pocket. JMO

They should add it to second hand ticket exchanges. Make stub hub the only method to sell digital tickets and take a percentage of those sales. Brokers, visiting fans…these are the people that should pay, imo

 

[the24fan]

They should add it to second hand ticket exchanges. Make stub hub the only method to sell digital tickets and take a percentage of those sales. Brokers, visiting fans…these are the people that should pay, imo

That works too.

 

[uihawk82]

said before u should add it to ticket costs as a surcharge. Fans will still come to games. People much more likely to go along with a charge they don’t see directly out of their pocket. JMO

Why add it to their ticket charges when I would take their scholarships away when they are making that kind of money

 

[the24fan]

Why add it to their ticket charges when I would take their scholarships away when they are making that kind of money

This also…. Good point

 

[kmurp]

The total number for the athletic department will be somewhere in the neighborhood of $21M/year. Of that, I'm hearing 70% will go to football, 15% to men's basketball, 10% to women's basketball, and the remaining 5% split among a few other sports.

So 70% of $21M is $14.7M. I'm going to guess that the 22 starters will get probably 60% of that money, so that comes to about $8.8M or an avg of $400,000 per starter. The remaining $5.9M will go to the other 85 roster guys, which comes to an avg of about $70,000 per reserve.

On the men's basketball side, it'll work much the same way. 15% of $21M is $3,150,000. Of that amount 60% will go to starters, giving each of them an avg of $378,000. The remaining 40% will go to the reserves, giving them about $125,000 per reserve.

Will see if that's ultimately how it plays out, but I'm guessing that'll be pretty close.

I’m reading that the lawyers want 15-20% of this settlement.