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2020 NCAA Football Thread

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Scuzz
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Re: 2020 NCAA Football Thread

Post by Scuzz »

I think some big schools biting the bullet and canceling is bound to happen when in August 10% of their team tests positive. Others will follow.

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stessier
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Re: 2020 NCAA Football Thread

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JCC
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Re: 2020 NCAA Football Thread

Post by JCC »

The fact that MLB can't keep games from being canceled should be the writing on the wall. No way is CFB going to be able to finish a season. It's a financial disaster for every NCAA school but it's happening whether they want it or not.

I think the NFL is on shaky ground too and they have way more control/resources than CFB has.

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stessier
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Re: 2020 NCAA Football Thread

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Adam Schefter @AdamSchefter · 17m
University of Connecticut announced that its football program will cancel all competition for the 2020-21 school year.
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Re: 2020 NCAA Football Thread

Post by LawBeefaroni »

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Pyperkub
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Re: 2020 NCAA Football Thread

Post by Pyperkub »

Sounds like a smart move by the Pac-12:
The Pac-12 is planning a mammoth loan program that would provide an escape hatch for cash-strapped athletic departments in the event the football season is canceled because of coronavirus, according to internal documents and conference sources.

Football accounts for the majority of each department’s revenue, generating in excess of $50 million dollars in ticket sales and media rights alone.

The loan program would be large enough to cover that loss for each school, if needed:

According to a series of emails obtained by the Hotline through public records requests, the loan would provide a maximum of $83 million for each university at a rate of 3.75 percent over 10 years.

Each athletic department could decide whether it wanted to participate in the program.
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Scuzz
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Re: 2020 NCAA Football Thread

Post by Scuzz »

Pyperkub wrote:
Wed Aug 05, 2020 12:03 pm
Sounds like a smart move by the Pac-12:
The Pac-12 is planning a mammoth loan program that would provide an escape hatch for cash-strapped athletic departments in the event the football season is canceled because of coronavirus, according to internal documents and conference sources.

Football accounts for the majority of each department’s revenue, generating in excess of $50 million dollars in ticket sales and media rights alone.

The loan program would be large enough to cover that loss for each school, if needed:

According to a series of emails obtained by the Hotline through public records requests, the loan would provide a maximum of $83 million for each university at a rate of 3.75 percent over 10 years.

Each athletic department could decide whether it wanted to participate in the program.
That sounds like they are about to cancel the Pac-12 season.

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Pyperkub
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Re: 2020 NCAA Football Thread

Post by Pyperkub »

More like some contingency planning, as well as help to those in dire need. Remember that a number of games have already been cancelled, and that even if the currently scheduled games go on, ticket revenues are likely to be limited.
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stessier
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Re: 2020 NCAA Football Thread

Post by stessier »

This is interesting.


Gabe Feldman @SportsLawGuy · 2h
A few key points from today's NCAA BOG decision on fall sports: "All athletes must be provided an opportunity to opt out of participation due to concerns about contracting COVID-19, & if a SA chooses to opt out, the individual’s athletics scholarship commitment must be honored"
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