So I have read that our budget
for the basketball team is in the bottom 25 % for the acc. So what is our budget? 5 million for the entire roster?
7 Replies
3mo
From the revenue sharing and NIL monies that are for player acquisition, player NIL and player retention. The operational budget would be for staff salaries, program expenses, team travel, recruiting travel money (coaches expenses on the road when recruiting) etc… A team can have a good operational budget while having a substandard NIL so it is important to be clear on the distinction between the two.
(In response to this post by grtmmt)
3mo
(In response to this post by Rev.Zeke Vodka)
3mo
that, just merely that there is a clear distinction between the two entities. Or three if you wish to separate revenue sharing and NIL.
(In response to this post by AnotherTechW)
K
KCHokie2
3mo
** Edited by KCHokie2 at 4/13/2026, 8:37:55 PM
(In response to this post by AnotherTechW)
S
SC_Hokie
3mo
This season tech had 15% of 20.5 million + whatever else given by donors/ nil.
This upcoming season 20.5 million increases by 4%. To 21.32 million. And basketball gets a guaranteed 15% of that. So 3.2 million.
That’s it, thats all that is confirmed.
Now I’ll go back to the year before rev sharing where many on this board including CC gave an estimate of abt 900,000-1.2 million.
GC (don’t know if he’s reliable) said that for this cycle year funds went down from what we had this season (Neo, Hansberry, and Lawal weren’t cheap). So we’re going from having competitive funds to somewhere in between.
So if we go on the passive side I would say the total for the team is 3.2 + 1.2 million minimum. So 4.4 million.
Personally I believe the total is somewhere right around 5 million.
(In response to this post by grtmmt)
3mo
Within 3 years vt football intends to assure vt competes to be in college playoff consistency. P2 level above just competing in the acc . Win
(In response to this post by grtmmt)