Hey, remember when Jim Delany threatened to take his football and go home?
“… it has been my longstanding belief that The Big Ten’s schools would forgo the revenues in those circumstances and instead take steps to downsize the scope, breadth and activity of their athletic programs,” Delany wrote. “Several alternatives to a ‘pay for play’ model exist, such as the Division III model, which does not offer any athletics-based grants-in-aid, and, among others, a need-based financial model. These alternatives would, in my view, be more consistent with The Big Ten’s philosophy that the educational and lifetime economic benefits associated with a university education are the appropriate quid pro quo for its student athletes.”
Good times. How’s that whole threat thing going, anyway?
The Big Ten Conference has established a new benchmark in the how-high-is-up world of college sports finance: It recorded nearly $759 million in revenue during its 2018 fiscal year.
The figure, which far exceeds any comparable annual figure for a college sports conference, was revealed in a new federal tax return that the conference provided Wednesday in response to a request from USA TODAY. It is a year-over-year revenue increase of 48 percent, with the conference reaching $512.9 million in fiscal 2017.
The return also showed that commissioner Jim Delany was credited was just over $5.5 million in total compensation for the 2017 calendar year. That, too, is a single-year record for a conference.
I had no idea DIII administrators made that kind of jack. Well played, Jimbo.
Why anyone has ever taken a single word this asshole says about compensation seriously escapes me.