• Loading stock data...
Friday, February 23, 2024
Register Now for Future of Sports: Cybersecurity

Rick Pitino Proposes Salary Cap for College Basketball in Light of Dartmouth Decision

  • Pitino said a salary cap should exist for Power 5 schools plus the Big East.
  • He wants NIL contracts submitted to both schools and conferences.
Rick Pitino
Wendell Cruz-USA TODAY Sports

Rick Pitino, who is never afraid to give his opinion, offered a solution to the current state of college basketball: create a salary cap. 

The St. John’s coach took to X (the app formerly known as Twitter) on Tuesday and suggested the commissioners of all Power 5 schools plus the Big East, which the Red Storm are a member of, come up with a salary cap between $1.5 and $2 million for all NIL deals. Pitino is being sent to both the school and the league. Pitino, 71, added that each conference could come up with their own salary cap and added he wouldn’t exclude teams from the NCAA tournament. Apparently, he’s not done with his ideas, closing his tweet by saying, “More solutions to follow in the coming days.” 

The Hall of Fame coach is not the first person to call for NIL regulation, nor will he be the last. Demands for some form of regularity have existed since NIL went mainstream and players have commanded deals that, in some cases, rival those of pro athletes. Pitino’s proposed salary cap number is on par with what anonymous coaches told CBS Sports last year, which is roughly the cost in NIL for a player out of the transfer portal. 

The CBS poll found roughly 40% of high-major starters command an average of $250,000 in NIL deals. Going off Pitino’s proposed numbers, a Power 5 school could hypothetically pay up to eight players (or almost a full basketball rotation) the market rate, which gives some rationale to Pitino’s idea. 
Pitino’s tweet comes a day after the National Labor Relations Board ruled members of Dartmouth’s men’s basketball team are employees of the school after they petitioned to be recognized by a local union. The decision is another blow to the NCAA’s amateurism model amid uncertainty regarding the future of college sports.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Making Sense of What More CFP Expansion Would Mean

Leaders of the CFP discussed the potential for a 14- and even 16-team Playoff.
Nick Saban

Coaches Aren’t Happy With College Football—Some Are Getting Out While They Can

NIL and the transfer portal have many college football coaches getting new jobs.

‘Treated Like Children’: College Football Players Offered $600 to Be in Video Game, No Royalties

Players may be receiving lower than the industry standard with the video game’s return.
EA Sports

EA Sports Offers Players $600 To Be In New College Football Game

The deal comes with a free copy of the game but without royalties.
podcast thumbnail mobile
Front Office Sports Today

The Company That’s Selling Inspiration

0:00
0:00

Featured Today

Sabrina-Steph Wasn’t the ‘Battle of the Sexes’—But It Was Part of the Bigger War

The competition could play a factor in increasing the WNBA’s media value.
NASCAR Cup Series driver Bubba Wallace (23), in a Star Wars rebel alliance X-wing fighter pilot-inspired race suit, motions to the crowd to get louder during the driver introductions for the Cup Series Championship race at Phoenix Raceway in Avondale on Nov. 5, 2023.
February 17, 2024

Celebrity Owners, International Ambitions, and $7B Media Deals: Welcome to the New NASCAR

NASCAR boldly keeps pace with the increasingly competitive sports and entertainment world.
February 16, 2024

Wilson Introduced an Airless Basketball for $2,500. We Had Questions

The black, 3D-printed ball appeared in last year’s Slam Dunk Contest.
Emily Henegar, a baker and content creator, made a batch of NFL-inspired cookies featuring Taylor Swift and Travis Kelce.
February 11, 2024

The ‘Life-Changing’ Economy of Taylor Swift’s NFL Outfits

Appearing in Swift’s game-day wardrobe has been “life-changing” for small businesses.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Finance Manager
FanDuel
New York, NY
Senior Technical Artist - Sports Technology
EA Sports
Orlando, FL
Assistant Manager, Affiliate Operations
Adidas
Portland, OR
Angel Reese

Angel Reese Denied ‘Bayou Barbie’ Trademark

No need to ‘unnecessarily instigate Mattel,’ lawyer says.
College Football Playoff
February 20, 2024

After Pac-12 Collapse, College Football Playoff Modifies Its 12-Team Qualifications

The CFP will allow five top-ranked conference champions and seven at-large bids.
colorado
February 20, 2024

New Salary Records for Colorado Football Assistant Coaches

The 10 assistants will make a combined $4.65 million this year, a school record.
Sponsored

Live Sports Are Now High-Tech Experiences

Oracle is leading the technology revolution happening in stadiums across the world.
Caitlin Clark
February 16, 2024

Milestone Missed: Caitlin Clark Broke a Record. NBC Blew an Opportunity

NBC skipped an opportunity to put women’s college basketball history in front of hundreds of millions of homes.
Apple
February 15, 2024

New Nonconference Tournament Featuring UConn WBB to Launch in 2024

Tennessee, Iowa, Louisville, and UConn will face off in the Women’s Champions Classic in Brooklyn in December.
Nov 25, 2023; Pasadena, California, USA; UCLA Bruins head coach Chip Kelly reacts after the game against the California Golden Bears at Rose Bowl.
February 15, 2024

Coaches Hate the Transfer Portal. But Their Coaching Carousel Is Making the Problem Worse

Thirty head football coaches have left or were fired from their positions.
Caitlin Clark
February 14, 2024

Ticket Frenzy Builds Ahead of Caitlin Clark’s Record-Breaking Game

Ticket prices are climbing to an average of nearly $400.