Legalized sports wagering could be worth billions to the Pac
The NCAA won by losing this week with the Replica Handbags Supreme Court’s decision to lift the federal ban on sports wagering. Wholesale Replica Bags The governing body took purse replica handbags one in the replica designer bags https://www.isbags.ru gut, but member schools stand to grow their coffers.
good quality replica bags The decision in Murphy v. NCAA, handed down Monday by a 6 3 vote, was reminiscent of the 1984 SCOTUS ruling that the association’s ownership aaa replica designer handbags of television rights violated antitrust law. good quality replica bags
The act of turning control of TV rights over to the conferences (to act on behalf of the schools) created modern college football in both structure and economics.
high quality replica bags Legalized gambling could have Replica Bags Wholesale a similarly momentous impact. The issue is in congressional Replica Bags hands at the moment, but more than 30 states are expected to eventually allow sports wagering. (Some, it seems, could do so within the next year.) high quality replica bags
It’s a galaxy changer replica handbags online for all sports, not merely those of the “amateur” variety.
“Mindboggling,” according to Ryan Rodenberg, who would know as well as anyone.
An associate professor in Florida high quality replica handbags State’s department of sports management, Rodenberg specializes in sports law analytics and filed an Amicus brief to the Supreme Court (in support of neither party).
That he Handbags Replica grew up in Seattle, got his doctorate from Washington and knows one Fake Designer Bags Power Five conference from another well, all the better.
high end replica bags Rodenberg began his explanation of the SCOTUS decision by describing three potential sources of revenue. high end replica bags
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Numerous entities, from hotel/casinos to gaming associations to fantasy sports leagues, could spending advertising and sponsorship dollars with the schools (or buy commercial time on the conference affiliated TV networks).
Does that mean Autzen Stadium could become DraftKings Stadium, or that we see Powerball Pavilion at UCLA?Maybe not Or maybe yes.
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“Conferences could unilaterally pursue sports gaming opportunities on their own, outside of the NCAA,” Rodenberg said.
Let that one settle as you envision tens of millions wagered across the country over the course of 14 Saturdays.
The NBA and Major League Baseball are already pursuing the so called integrity fee, a percentage of the amount bet that cloaked as payments to maintain integrity and oversight of their sport in each state.
best replica designer bags “Neither the NCAA or any conferences have joined them,” KnockOff Handbags Rodenberg said, “but perhaps they will.” best replica designer bags
Of course they will. There’s too much money at stake, not to mention too much existing debt and too many escalating costs.
And because the Power Five control college football, not the NCAA thank you, SCOTUS they could be free to pursue their own integrity fees just as they cut their own TV deals.
best replica bags (Also think about the potential impact on realignment: Smaller schools in big handle states could become more desirable. By 2030, Buffalo just might be a member of the SEC.) best replica bags
replica designer backpacks Rodenberg believes the Pac 12 could be one of the first to pursue a direct cut. After all, the conference holds its men’s basketball tournament in Las Vegas and, for a time, allowed NFL geared fantasy sports sites to advertise on the Pac 12 Networks. replica designer backpacks
“In terms of the allergic reaction to gambling,” Rodenberg said, “the Pac 12 has already crossed that bridge.”
Just Designer Replica Bags how much cash is at stake?
According to Rodenberg, New Jersey estimated the annual handle on sports wagers could be $10 billion. “California,” he added, “would dwarf that.”
Let’s assume that California, Washington, Oregon, Arizona and Colorado eventually legalize sports wagering let keep Utah out of the discussion for now and replica Purse that the annual handle across the Pac 12 footprint is $50 billion.