Here is KU’s revenue share plan for men’s basketball, according to Travis Goff
University of Kansas staff members and athletic director Travis Goff say they’ve spent approximately 15 months planning for revenue sharing to take effect.
Now that it’s finally here, Goff has expressed optimism about the new age of college athletics. The Star sat down with Goff on Friday to discuss how revenue sharing will affect KU Athletics.
According to Goff, the current plan is to spend the entire allocated $20.5 million annual budget.
“Yeah,” Goff said, asked by The Star about spending the full amount. “If the need is there, I think you can make the case there’s a strategic methodology to leave a little bit of room in the cap.”
Goff provided a glimpse into how revenue sharing would work with the Kansas men’s basketball team. He didn’t give an exact number, but he noted KU basketball would be in the upper percentile of spending in the sport.
“I’m pretty confident we are going to be in the top-10 percentile of men’s basketball allocation out of the gate,” Goff said. “I think the number could be in the $4.5-5.5 (million) range if you’re at the top. I don’t know that, but that’s just what I think.”
What does he expect other power-conference schools to spend on basketball?
“You can basically lock in, let’s say, from $3.5 (million) on the lowest (for) men’s basketball to upwards of $5 (million),” Goff said. “Maybe some are stretching into the fives. None of this is scientific, but these are just what I believe.”
Goff also reiterated his positivity for the incoming system, saying he’d much rather know teams are spending “$3.5-5 (million)“ on basketball as compared to a huge range of, hypothetically, $3 million to 30 million, as could’ve been the case without any guardrails in place.
“That incredible spread creates such confusion,” Goff said of the previous setup, “and it’s just not healthy for intercollegiate athletics.”
