Raining Money

Report: Terps to get B1G travel subsidy in conference move

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When Maryland announced last year that it would be moving from the ACC to the Big Ten in 2014, there was little left to the imagination as to the rea$on behind the conference switch: money.  Lots and lots and lots of money.

For the 2014-2015 academic year, the Terps first in the Big Ten, conference members are expected to receive a payout of $32 million each, although like Nebraska a couple of years ago it’s not expected that the Terps will receive a full revenue share.  Still, Maryland will double what it would have received had it stayed in the ACC.

Additionally, the Baltimore Sun reports, Maryland negotiated with the Big Ten a travel subsidy that will pay the school $20-$30 million to help offset additional costs.  The Sun wrote that “[i]t was not clear when the subsidy is to be received and whether it will be a lump sum or series of payments.”

The Big Ten declined to comment on the subsidy report.

Maryland’s travel costs for its first year in the Big Ten are expected to double, from $3 million in 2012-2013 up to $6 million.  In the ACC, eight of the 11 schools are less than 600 miles away (one way) from College Park, with the longest trips being to Miami (1,100 miles) and Florida State (850 miles).  In the Big Ten, 10 of the 13 members are more than 600 miles away, with Ohio State, Penn State and Rutgers being the lone exceptions.  Two B1G members — Minnesota (1,200) and Nebraska (1,230) — are further away than Tallahassee.

The fact that Maryland will in theory bring with it the Baltimore/Washington D.C. television markets, and thus boost the value of Big Ten Network payouts, likely played a significant role in the Big Ten’s decision to grant a travel subsidy to a school that just a couple of years ago was forced to cut seven sports.

Interestingly, it doesn’t appear that Rutgers, which will move from the Big East to the Big Ten the same year, asked for the same travel subsidy as Maryland.  In fact, it doesn’t appear that RU will receive any type of subsidy at all from their new conference home.

“I don’t think it’s so much about subsidies,” Rutgers athletic director Tim Pernetti told the paper. “We were comfortable from the beginning that the revenues are going to equitably address the travel situation. With certain sports like football, we charter-traveled to every game, so football will really look the same. Basketball, there will be some more [travel], but nonconference scheduling will balance that out.”

Ex-Ohio State lineman to continue career at Cincinnati

CINCINNATI - NOVEMBER 13:  Fans of the Cincinnati Bearcats cheer on their team at the start of the game against the West Virginia Mountaineers at Nippert Stadium on November 13, 2009 in Cincinnati, Ohio.  (Photo by Andy Lyons/Getty Images)
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Less than two weeks after leaving Ohio State, Grant Schmidt has a new college football home — and he won’t even have to leave the state to get there.

Citing university sources, the Cincinnati Enquirer is reporting that Schmidt will continue his collegiate playing career at Cincinnati.  The offensive lineman had indicated earlier this month that the Bearcats would be his landing spot.

Because of NCAA transfer rules, Schmidt will be forced to sit out the 2016 season.  He would then have three years of eligibility remaining beginning in 2017.

A three-star member of OSU’s 2015 recruiting class, 247Sports.com rated Schmidt as the No. 52 offensive tackle in the country and the No. 1 player at any position in the state of South Dakota.  Schmidt was the first player from that state to sign with the Buckeyes, but he failed to become the first to play in a game as he didn’t see the field during his brief stint in Columbus.

Schmidt’s mid-May move was believed to be related to a logjam along the offensive line and his failure to make a dent on the depth chart during spring practice.

Josh Rosen, on UCLA’s $280 million deal: ‘we’re still amateurs though … gotta love non-profits’

SANTA CLARA, CA - DECEMBER 26:  Josh Rosen #3 of the UCLA Bruins runs back to the bench after he threw a touchdown pass to Kenneth Walker III against the Nebraska Cornhuskers during the Foster Farms Bowl at Levi's Stadium on December 26, 2015 in Santa Clara, California.  (Photo by Ezra Shaw/Getty Images)
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Here’s to guessing that, right or wrong, Jim Mora won’t be pleased with his young quarterback’s latest social media foray.

Late last week, the UCLA head coach used the public airwaves to help “guide” Josh Rosen down the straight and narrow.  Specifically, in regards to the Freshman All-American infamous “f**k Trump” cap flap this offseason, Mora stated that the rising sophomore was “heading towards Johnny Manziel” territory with stunts like that.

Hyperbole?  Yes.  But Rosen is seemingly hellbent on giving Mora further reason to continue down his odd “Money Manziel” path.

Shortly after it was reported that UCLA was set to sign a record-breaking $280 million apparel deal with Under Armour, Rosen took to social media to offer up some snark on the financial windfall that will line the pockets of the athletic department — and which the student-athletes won’t get a sniff.

We’re still amateurs though … Gotta love non-profits #NCAA

A photo posted by Josh Rosen (@josh3rosen) on May 24, 2016 at 8:53am PDT

(The tweet above was retweeted on Rosen’s personal Twitter account)

Coming from a kid who had a hot tub in his dorm his freshman season and whose parents graduated from Ivy League schools — one’s a surgeon — it might not be the actual money but the principle that has Rosen feeling feisty.  Whether his head coach gets just as feisty on his own JFF moral high ground in return remains to be seen.

UCLA set to announce record-setting deal with Under Armour

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In July of last year, Michigan’s reported apparel deal with Nike set a then-record of $169 million over 15 years (the final figure came in at just shy of $174 million).

Four months after UM’s new deal was reported, news surfaced that Texas’ new contract with Nike would be worth $250 million over 15 years.  In January of this year, Ohio State announced its new deal with Nike, an agreement that will pay that school upwards of $252 million over 15 years.  Four months later?  There’s a new unofficial record-holder.

According to ESPN.com‘s Darren Rovell, “Under Armour and UCLA will announce a 15-year schoolwide shoe and apparel deal worth $280 million” later Tuesday.  Scout.com is also reporting the same financial parameters of an agreement between the two entities.

From the latter’s report:

UCLA’s agreement with Under Armour, too, will be unique in the details, providing UCLA a vast amount of benefits that are reportedly unequaled in other apparel agreements. For one, we’ve learned that the money is guaranteed, and doesn’t include royalties, which is a significant difference.

UCLA’s athletic program’s have been aligned with adidas since 1999.  A press conference to announce the switch to Under Armour is set for 3 p.m. ET.

OL Tyler Grimsley opts to transfer from Miami

MIAMI GARDENS, FL - SEPTEMBER 15: The Miami Hurricanes mascot, Sebastian the Ibis leads the players onto the field for their game against the Bethune-Cookman Wildcats on September 15, 2012 at Sun Life Stadium in Miami Gardens, Florida. The Hurricanes defeated the Wildcats 38-10. (Photo by Joel Auerbach/Getty Images)
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The Miami Hurricanes had two late additions to its 2014 recruiting class: Joe Brown and Tyler Grimsley.

In January, Brown opted to transfer from the Hurricanes.  Four months later?  Lather, rinse, repeat for Grimsley.

In a press release, the Hurricanes announced that Grimsley has opted to transfer out of first-year head coach Mark Richt‘s football program.  No reason was given for the offensive lineman’s decision to move on to another, unspecified program.

“Tyler has decided to transfer away from our football program in the hopes of gaining more playing time,” Richt said in a statement. “I certainly respect his decision and I wish him nothing but the best in his future college football career.”

Grimsley took a redshirt as a true freshman.  The following season, the school described the lineman as a key member of the team’s practice squad in 2015.