NEW: #MichiganState & #PennState–which once harbored Larry Nassar & Jerry Sandusky–are now hypersensitive outliers among the college/pro licensors of @FOCOusa's team "Man Cave" signs.
@novy_williams and I delve into this popular, if offensive, souvenir:
https://t.co/inmy9i3bHp
NEW: @Adidas' nationwide #NIL program announced yesterday stirred the ghosts of amateurism's recent past. For former @ArizonaMBB assistant "Book" Richardson, it felt like a “gut punch…and punch to the jaw…by Mike Tyson.”
My story with @novy_williams:
https://t.co/Iu6cVyUw3x
With 28 FBS programs changing coaches this season, there's a group of working professionals who have nothing to do with football or college and yet who stand to gain when coaches swap jobs: realtors and agents who sell luxury homes. @DanielLibit has more: https://t.co/dCElNHzRVy
NEW: A financial tributary from the perpetual hirings and firings of college football coaches has flowed to a niche reservoir in the luxury real estate market—upscale homes located in American college towns. I detail for @Sportico:
https://t.co/FNe3vdTdWH
#CFB#RealEstate
NEWS: The @NCAA is looking into NIL deals at @BYU and @UnivMiami (the ones that paid every football player) as potential violations of its interim NIL policy.
@DanielLibit and I detail what might be a Rubicon crossing of sorts for the young NIL industry👇
https://t.co/AIgwTwUKzY
SCOOP: @NCAA enforcement is now probing the whole-team NIL deals for @MiamiHurricanes and @BYUCougars, the precursor to formal investigations. Athletic compliance officials across country have eagerly anticipating NCAA's move. Story w/ @novy_williams:
https://t.co/SMzre50Zri
Five FBS coaches have been fired before November arrives on the calendar.
It is the most firings this early in a season in at least 10 years - and maybe ever, experts say.
On the coaching carousel, which has never spun so early - https://t.co/zEwCSBCENy
At "institutions of higher education" in the United States, football coaches receive massive buyouts for mediocre performance, athletes are unpaid, and instructors have to fight for table scraps when it comes to compensation.
Wrote about head coach employment terminations in an article forthcoming in @VillanovaLawRev. I suggest a slight modification to standard coach employment contract that could save universities millions if enforcement staff alleges violations against coach: https://t.co/R9BGQUKjNZ
NEW: In 2019, public FBS schools reported making over $85 million in athletics severance payments. Despite the pandemic and increasing scrutiny over college sports economics, the Buyout Bonanza carries forth. My latest for @Sportico:
https://t.co/oFXkdHNHxd
#NCAA#NIL#CFB
Dear Academics Who Study College Sports: I am interested in your discoveries and findings. If you would like to give me a head's up as to what you are researching--even if you're just midstream in that process--please email me at dlibit(at)sportico(dot)com.
NEW: Does NIL go far enough for reform?
That question threatens to complicate, if not fully rupture, the outward harmony between the budding NIL industry and a core group of college athlete advocates pushing for a free(r) market. My latest for @Sportico:
https://t.co/a62pinCx2c
NEW: How's this for an Alliance?
A #Big12 professor (@Johnsportslaw) paid #B1G athlete (@Geo_Baker_1) $100 to promote an #NCAA reform article for an #SEC law school (@UFLaw).
Said the prof of his ironic #NIL play: “I didn’t want anybody to steal it."
https://t.co/7Itpa4lCku
.@LSU athletics, which frequently hails its complete financial autonomy, disclosed receiving more than $4 million of the school’s COVID funds, mostly for testing athletes. Here's a @LevAkabas chart of how some other schools disbursed.
https://t.co/stki7Lv3qU
Of the 100+ schools that have responded since I sent out FOIA requests in May, @UNMLOBOS is by far the biggest self-reported Covid relief consumer, with almost a quarter of New Mexico's CARES Act and & HEERF institutional allocations going to athletics.
https://t.co/stki7Lv3qU
NEW: Tens of millions of dollars of federal #COVID relief funds have already found their ways into D-I athletic departments, a @Sportico analysis has found. Programs rich & poor are consuming stimulus monies for tests, PPE and lost revenue. My story:
https://t.co/stki7Lv3qU
Go Ground--which until last year the NCAA had used as its exclusive consolidator of championship ground transportation--is now in federal bankruptcy court, leading to public records that @DanielLibit reveals show a lot about how the NCAA does business: https://t.co/5T27Jce4TA
NEW: The quixotic story of the controversial bus broker @GOGROUND, recently one of the @NCAA's highest-paid independent contractors, which now toils in Chapter 7 & faces 3 lawsuits.
"You can't get rich off the NCAA," concludes its CEO. Free to read:
https://t.co/bFD71aOHPG