BleedGopher
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Per CBS:
With expenses going up following the agreed upon $2.8 billion House v. NCAA lawsuit settlement, it's only natural for schools to look for new revenue opportunities to meet the rising costs.
One potential source that could be available soon is field/court naming rights and sponsored jersey patches, according to one Southeastern Conference athletic director.
"I believe the NCAA is going to allow us to put a sponsored logo on the field during the regular season," Florida athletic director Scott Stricklin said. "That's an obvious revenue stream we have not had in the past. Pro sports are putting patches on jerseys. That doesn't seem like something that's crazy for us to consider."
The NCAA heavily restricts the use of commercial logos on fields, but a June 6 NCAA committee meeting "could change some of those restrictions," USA Today reports.
Go Gophers!!
With expenses going up following the agreed upon $2.8 billion House v. NCAA lawsuit settlement, it's only natural for schools to look for new revenue opportunities to meet the rising costs.
One potential source that could be available soon is field/court naming rights and sponsored jersey patches, according to one Southeastern Conference athletic director.
"I believe the NCAA is going to allow us to put a sponsored logo on the field during the regular season," Florida athletic director Scott Stricklin said. "That's an obvious revenue stream we have not had in the past. Pro sports are putting patches on jerseys. That doesn't seem like something that's crazy for us to consider."
The NCAA heavily restricts the use of commercial logos on fields, but a June 6 NCAA committee meeting "could change some of those restrictions," USA Today reports.
SEC athletic director expects NCAA to allow sponsor logos on fields to help pay for athlete revenue sharing
Florida athletic director Scott Stricklin says the NCAA is set to relax rules around corporate sponsors
www.cbssports.com
Go Gophers!!