St. John's has big payroll without revenue sharing — for now
Share this @internewscast.com

This revelation wasn’t exactly groundbreaking; rather, it served as a reminder of why St. John’s consistently ranks at the top of the Big East when it comes to the financial investment in their roster.

On Thursday morning, Rick Pitino appeared on WFAN’s “Boomer and Gio” show, discussing various topics, including how the Red Storm assembled their impressive team lineup.

Pitino highlighted the financial aspect, explaining that the top-ranked transfer class of the Johnnies was secured through diligent effort and substantial generosity. According to recent reports, their payroll hovers around $10 million. While college sports have entered an era of revenue sharing—allowing schools to pay athletes up to $20.5 million annually—St. John’s has not yet engaged in direct payments.

Instead, the funding for their expensive roster comes from alternative sources.

Share this @internewscast.com
You May Also Like
NFL Week 15 Bettors Guide: Giants have a shot as Commanders deal with their troubles

Week 15 NFL Betting Preview: Giants Eye Victory Amidst Commanders’ Struggles

THE BEST GAMES TO BET JETS at JAGUARS 1 p.m., Jaguars favored…
FBI investigating more than 350 subjects tied to violent online '764' network

FBI Cracks Down on ‘764’ Network: Over 350 Individuals Under Investigation for Online Violence

The Federal Bureau of Investigation (FBI) has embarked on a significant probe…
Skydiver survives after reserve parachute accidentally deploys, leaving him dangling from flying airplane

Skydiver’s Astonishing Survival: Reserve Parachute Mishap Leaves Him Hanging from Plane

A skydiver had a close call when his reserve parachute unexpectedly deployed…
Oklahoma man accused of threatening federal agents online

Oklahoma Man Faces Charges for Online Threats Against Federal Agents

On Friday, U.S. Immigration and Customs Enforcement (ICE) released a photograph capturing…
Palmdale Street shooting on Jacksonville's Northwest side leaves man dead

Jacksonville Man Survives Shocking Roommate Shooting: A Nighttime Attack Unfolds

A Jacksonville man is on the mend after an incident involving his…
US accuses Rwanda of violating the peace deal as M23 rebels seize a key eastern Congo city

US Condemns Rwanda for Breaching Peace Accord Amid M23 Rebels’ Capture of Strategic Congo City

By EDITH M. LEDERER and MARK BANCHEREAU UNITED NATIONS (AP) — The…
Putin doubles down on backing Maduro amid mounting US pressure on Venezuela

Putin Strengthens Support for Maduro as U.S. Pressure on Venezuela Intensifies

On Thursday, Russian President Vladimir Putin engaged in a phone conversation with…
ICE arrests criminal illegal immigrant accused of fleeing head-on crash that severely injured Maryland woman

ICE Apprehends Fugitive Illegal Immigrant Linked to Devastating Maryland Crash

A suspected illegal immigrant, who reportedly made his way into the U.S.…
Lemont, Homer Glen home invasions: 2 women, ages 73 and 65, tied up, robbed by 3 suspects, Will County sheriff says

Home Invasions in Lemont and Homer Glen: Two Women, Aged 73 and 65, Bound and Robbed by Trio, Reports Will County Sheriff

In the quiet suburb of Lemont, Illinois, a sense of unease has…
Tourist stabbed multiple times at NYC's iconic Macy's during holiday shopping rush

Shocking Stabbing Incident at NYC’s Famous Macy’s Amid Holiday Shopping Frenzy

A shocking incident unfolded at Macy’s Herald Square in New York City…
Taylor Swift cries over terrorist plot, dance class attack in new doc

Taylor Swift Opens Up About Emotional Moments in New Documentary, Including Dance Class Incident

Taylor Swift’s “Eras Tour” docuseries unveils a deeply emotional chapter in the…
DJ Commando Chicago death: Father, family remember Landon Wallace, DJ for Bulls, Northwestern football and Power 92.3, who died

Beloved Chicago DJ and Sports Enthusiast Landon Wallace Remembered by Family After Passing

The relatives of a cherished Chicago DJ are opening up for the…