004 - Sam extra time with Warde seg1 122324
Michigan Insider
Michigan Insider | Cumulus Media Ann Arbor
4.3 • 874 Ratings
🗓️ 23 December 2024
⏱️ 19 minutes
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Sam extra time with Warde seg1
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| 0:00.0 | Welcome back inside the Ann Arbor Studios of the Big 1050 WTCA online at the big 1050.com. |
| 0:06.8 | Last Friday, Ward Manual joins Sam in the Michigan Insider TV studio for an hour long sit down on the radio. |
| 0:13.8 | And that conversation continued for another 30 plus minutes. |
| 0:16.5 | So we're going to bring the remainder of that conversation to you right now. |
| 0:19.0 | Here is extra time with Ward manual, Sam Webb Ward 101 here on the Michigan Insider on the Big 1050 WTK. |
| 0:26.7 | Sustainability, as far as revenue generation is concerned, the financials of student athletes and getting their fair share of a pie. |
| 0:41.3 | You look at it from the standpoint of the professional side of things. |
| 0:45.8 | I think they're getting like 50% of the pie. |
| 0:50.2 | Is that the threshold? |
| 0:53.1 | Is that what the aim should be for intercollegiate athletics? |
| 0:58.9 | It is what the aim of the settlement is on average, right? But you, you have a lot into average. And that's why we're waiting to see what the NCAA is. So, you know, everybody's going to put in their revenue, but it's ticket revenue, |
| 1:11.2 | it's corporate sponsorship revenue, it's revenue from television, and they're going to put |
| 1:20.6 | all that together. They're going to average it out. And then they look at also what our |
| 1:26.6 | spend is on scholarships, and then they're going to |
| 1:28.7 | average that out. And that combination is going to add up to about 48% in terms of the average. |
| 1:38.8 | And so that's where this number is actually built off of, Sam. It's a combination of the |
| 1:44.0 | average of what we spend on scholarships on our student athletes |
| 1:47.3 | and what we bring in in terms of revenue and then how much of that revenue share. |
| 1:54.0 | And then that's the model. |
| 1:55.7 | If you look at what the settlement is and the way we're moving forward, |
| 1:59.6 | the model is to get close to where you see |
| 2:02.9 | professional sports. And that 49% of the revenue going to the student athletes between |
... |
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