In this new world of college sports does it seem possible that in the near future we might be crowning Harvard, Yale, or Princeton as our national basketball champion? Why wouldn't the numerous well-heeled alums come together and buy 3 or 4 or the best players and roll to a national championship. These schools have incredible resources and maybe they might want to break the P5's strangle hold on titles.
Just wondering?
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Karma is what you would call that scenario if it played out, and as we all know karma can be a real beotch…
But those schools don't want that. I mean one of the Ivy's went undefeated in football a couple years back but because they have the no playoffs in football rule, they couldn't participate in the FCS Championship playoff. The schools themselves probably eschew offers of NIL donations...and they have to even get creative to award scholarships for student athletes because the Ivy league has a "no athletic scholarship policy". On top of that, almost all of the Ivy's don't even award merit based scholarship with 100% of their aid being deemed "meeting 100% of a student's demonstrated need" which is based on the FAFSA and CSS formulas. The issue is a school like Harvard or Princeton or Yale could easily raise $100M for NIL in a heartbeat and without much effort...but the Ivy's as a whole have been remarkably consistent and unified in their approach to athletics and you typically don't see one stray off and do their own thing if the others don't approve.
This is correct.
Stanford threatened to drop a sport a few years back due to debt and donors reneging.
They raised over $1 billion in pledges in under a week. The administration said thanks but no thanks.
