Tuesday, January 26, 2021

NCAA Revenue Down $600M


JANUARY 26, 2021 | written by STEVE ULRICH
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1.  NCAA Revenue Down $600M

NCAA logo
by Steve Berkowitz, USA TODAY / photo by Keith Srakocic AP

"The NCAA’s cancellation of last season’s Division I men's basketball tournament because of the COVID-19 pandemic resulted in a $600 million annual decline in the association’s total revenue for its 2020 fiscal year, its new audited financial statement shows.

That’s a decrease of more than 50% compared to 2019.

The document, a copy of which was obtained by USA TODAY Sports, showed a $700 million decline in television and marketing rights revenue, nearly all of which came from the NCAA’s multimedia and marketing rights contract with CBS and Turner. In the association’s 2019 fiscal year, it reported nearly $868 million in such revenue.

The NCAA had been scheduled to receive $827 million from CBS and Turner for the 2020 tournament. According to the notes to the new financial statement, it ended up receiving $113.1 million."

>> Between The Lines: "The NCAA's liabilities have grown by almost $150 million in the past year, but the statement and its notes put the NCAA's ability to access cash at about $641 million, largely due to investments that as of Aug. 31, were worth $587 million. The association also has cut costs in a variety of ways over the past year, including salary reductions and furloughs."

>> What's Next: "New stresses on this in 2021 could come from an adverse ruling in the NCAA's appeal of an antitrust case to the Supreme Court. If the plaintiffs remain the prevailing party, the NCAA would owe the plaintiffs at least $34 million in legal fees and costs."

>> The Key Stat: "According to the notes to the new statement, the NCAA is due to receive $850 million from CBS and Turner during its 2021 fiscal year. The notes say the NCAA again has event-cancelation insurance in place for the tournament, including pandemic coverage. But they do not provide the amount of that coverage."

>> Continue Reading

2.  A Family Tradition

The Ash family of Waupaca, Wis. may hold the #whyD3 record for most family members participating at different schools in the same conference - the WIAC.

The tradition began with the parents. Jim '86 was a three-year starter at defensive tackle for La Crosse. Lisa '88 was a distance swimmer at Stevens Point and earned her master's from La Crosse.

The eldest - Jake '15 - played golf at Stout, while his younger brother, Beau '19, played football and graduated from Oshkosh.

The oldest girl, Markie '22, is an All-WIAC golfer at Platteville, while younger sister, Cadie '24, also plays golf at Eau Claire.

>> Situational Awareness: "When the children started looking at colleges, Jim and Lisa were good sounding boards but never forced their alma maters on them. "We just hope for the best for our children," Lisa said.  "We encouraged our children to go to a state school of their choice, but it was always their choice, and you really can't go wrong with any of them.  For them to end up all over the place was fun and unique.""

>> The Big Picture: Do the siblings ever fight over their school?  "The only real banter now is when I ask Cadie 'what is a Blugold?'" Jake said. 

>> Reality Check: "With the holidays ended and second semester starting, the Ash parents are ready to be at competition again, not before the children got a few jabs in at Dad after he mentioned he was the only one with a ring."

>> Go Deeper with the Ash family (courtesy of UW-Platteville communications)



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3. Grooming Agents of Change

Blaxers Blog: Rashad Devoe Seeks to Groom Agents of Change | US Lacrosse  Magazine
by Brian Simpkins, US Lacrosse Magazine

"Amherst men’s lacrosse experienced its lowest point in the spring of 2020 after a series of team-involved incidents came to light. Leadership changes ensued and a 2021 postseason probation was levied. 

Since May, when Rashad Devoe was hired to be the program’s next coach, he’s worked to redevelop the program’s culture. During the summer, a time when the country was grappling with the pandemic while simultaneously having conversations on social justice, Devoe has made moves to ensure Amherst’s commitment to being agents of change. 

Devoe described 2020 as a “rough year,” with moments when he took a step back to reflect on his own progress as a human being. 

“Just watching our people get murdered every week was painful,” he said. “You sit back and think, ‘Well, what do people think about me when they see me?’ Seeing people’s comments who associated with me was alarming, as I thought, ‘I’ve known you for 15 years. Is that how you feel about me? Do I know the real you? What do you say about me behind closed doors?’"

>> Situational Awareness: "Successful coaching requires thorough study of the game’s basics, Devoe explained. He mentioned how mentorship provides rules and guidelines from peers in order to win in life. Mentorship allows one to see how operations are run, consciousness on when to advance and what to do at the next level.”

>> Reality Check: “We don’t have enough high-profile figures vouching for coaches of color and athletic directors lobbying who understand the game,” Devoe said. “That became my push to get young coaches of color into those doors so they can start growing and be recognized for jobs.”  

>> The Key Stat: "According to the 2019 NCAA Demographic Database, Black head and assistant coaches comprise 3 percent (16 head coaches, 26 assistants) of the 1,273 coaches at 386 total men’s lacrosse programs."

>> What They're Saying: “I’m excited to see Rashad lay a new path for lacrosse, one that we all want and need," said Notre Dame assistant Ryan Wellner.

>> Continue Reading

4.  Budget Cuts


Ithaca College has proposed eliminating 116 faculty positions and discontinuing 26 majors, programs, and departments, primarily in the humanities and sciences school, to ease a budget crisis. - The Ithacan

William Paterson University may cut 60 to 100 faculty positions and eliminate 10 academic programs because of Covid-related budget woes. - NJ.com


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6.  Comings and Goings

7.  1 Tinder Thing


Photo: Beata Zawrzel/NurPhoto via Getty Images

Move aside, puppy pics: The dating apps trend might be proof of vaccination.

The big picture: "On Tinder, vaccine mentions in user bios rose 258 percent between September and December," the N.Y. Times reports.

  • “Those who have gotten the vaccine are using their status as a way to spark conversation with potential matches about their experience,” Tinder spokesperson Dana Balch told the Times.
  • “Basically, getting the vaccine is the hottest thing you could be doing on a dating app right now,” OK Cupid spokesperson Michael Kaye told the Times.


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