$5.25 Million For Football Players

[OrediggerPoke]

According to Cody, Wyoming will spend $5.25 million on football players next year and $1.75 million to go to other sports.

Retention Negotiations Set to Begin During Wyoming's Bye Week

Sawvel and Co. could exceed more than $5 million in revenue sharing this offseason

7220sports.com

 

[BigO4WYO]

That’s great. Be cool if it said where the money came from.

 

[OrediggerPoke]

That’s great. Be cool if it said where the money came from.

I believe they are probably just shifting dollars around. ‘Revenue share’ to pay players from media dollars, ticket sales, and concessions. Those dollars used to go to fund the program, athletic department and scholarships.

The legislature granted an additional $6 million ($3 million per year) last year for athletics to the university framed by the university as needed to cover escalating travel and health care costs. The legislature banned using those funds for ‘NIL.’

So take those legislative funds and pay for operating costs and then take the media and ticket revenues and pay players is my guess. Just moving dollars around. If there were large donations from donors to cover these new player payments, pretty sure we would have heard of it.

 

[doreno5]

That is a lot of money dedicated to a single men's sport. No doubt football drives the revenue bus and gets the most attention but I have to wonder if a top-notch mens BB team might not be a great revenue producer as well.