As you probably know by now, the NCAA came down hard on the Louisville Cardinals basketball program in the wake of the Andre McGee/Katina Powell sex scandal. The program faces the potential of getting 100+ wins vacated, as well as the 2012 Final Four and 2013 National Championship. Lost in the sanctions though, was the forfeiture of all conference revenue sharing gained from the 2012, 2013, 2014 and 2015 NCAA postseasons. Also, “future revenue distributions that are scheduled to be provided to the university from those tournaments also must be withheld by the conference and forfeited to the NCAA“.
So essentially, UofL has to give up all the TV money they earned, and they have to give it up to the NCAA. They also have to give up any potential money they would earn in royalties from those 4 postseasons, and also give it up to the NCAA. Because, you know, the NCAA says those wins and title don’t exist anymore. So how can you make money off them? Well, that doesn’t seem to be a problem for them.
Huh, fancy that? The official locker room 2013 National Championship (which doesn’t exist, mind you) shirt has had a drastic price reduction from an official NCAA licensee. In fact, both Fanatics and CBS Sports have the same shirt listed with the same exact price reduction.
Purely coincidence, right?
This is just an addition to the long list of hypocrisies that the NCAA has committed over the years. Trying to figure out a way to still make money off a 4 year old event, that you ruled doesn’t even exist anymore? This is so shady that it’s almost brilliant.
Maybe I’ll go take a class at UNC about how to be as sleazy as them.