Starting July 1st, schools can dole out $20M amongst all the sports to pay for athletes. This is in addition to any NIL money the athletes may earn.
For schools like UNC who have been a historical basketball powerhouse, the question becomes will the football program take the money from the basketball program????
This article describes how Belichik will make $10M per year and have $15M more for assistant coaches and support. When you add in a portion of the $20M + NIL deals, the football program will be managing ~$40M.
Should perennial basketball powerhouses lose their money to football programs?
For schools like UNC who have been a historical basketball powerhouse, the question becomes will the football program take the money from the basketball program????
This article describes how Belichik will make $10M per year and have $15M more for assistant coaches and support. When you add in a portion of the $20M + NIL deals, the football program will be managing ~$40M.
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North Carolina power struggle: Bill Belichick, men's basketball fighting over millions
The financial power struggle behind Bill Belichick's growing football program at North Carolina, and the historic men's basketball program.
www.usatoday.com
Should perennial basketball powerhouses lose their money to football programs?