Oklahoma athletic director reveals how the Sooners will handle revenue-sharing era of college athletics following House settlement
The House settlement announced last week has completely shifted the game of college football for the rest of time, ushering in a new era of collegiate athletics. The ramifications this will bring in are still unknown, but the Oklahoma Sooners feel confident in their ability to navigate these uncertain waters, thanks to their proactive efforts […]
The House settlement announced last week has completely shifted the game of college football for the rest of time, ushering in a new era of collegiate athletics.
The ramifications this will bring in are still unknown, but the Oklahoma Sooners feel confident in their ability to navigate these uncertain waters, thanks to their proactive efforts to restructure their athletic department. It's not a coincidence the Sooners invested so much in the infrastructure of their athletic department, particularly with the hire of Jim Nagy as general manager of the football team.
The new era of revenue sharing will bring several changes to how each sport runs itself. Oklahoma Athletic Director Joe Castiglione took to Twitter to make several announcements on how the Sooners are handling this process.
In later interviews, Castiglione and Oklahoma President Joe Harroz expressed their confidence in the Sooners' readiness to handle this new era of college athletics.
"I know what great looks like. I know what cutting edge looks like. And this is it. I slept like a baby last night because we have a GM shop with Jim Nagy that is best in class and I believe is going to do special things.”
"We feel very prepared…That being said, it’s still an ever-evolving landscape in college athletics. … It’s a very different world moving forward.”
Oklahoma will split its revenue sharing of $20.5M between six sports: football, men's and women's basketball, softball, baseball, and women's gymnastics. The sports that don’t receive revenue sharing will receive more funding toward financial aid and scholarships.
The Oklahoman reported that the Sooners are splitting up their shares similarly to other SEC schools. The payment to former athletes will be split 75% to football, 15% for men’s basketball, 5% for women’s basketball, and 5% for other sports.
Who knows how exactly this will play out over time, but it's clear that Oklahoma is prepared and ready to adjust on the fly with the appropriate infrastructure and people in charge to enter such murky waters.
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