hacklink hack forum hacklink film izle hacklink marsbahisizmir escortsahabetpornJojobet

News

Tag: incentives

  • College Football Playoff System Also Includes Financial Incentives

    College Football Playoff System Also Includes Financial Incentives

    The College Football Playoff committee’s much-anticipated final reveal will be televised live Sunday, when the teams selected for the inaugural 12-team tournament field will be announced.

    Champions from the Atlantic Coast, Big Ten, Big 12 and Southeastern conferences receive automatic berths into the playoff, as will the top-ranked school from the Group of Five.

    The four top-ranked league champions receive a bye into the quarterfinal round, while the lowest-ranked champion will join seven at-large teams to play four first-round games to be held Dec. 20-21.

    The prestige of inclusion in the 12-team field is hardly the only perk. Money is also at stake. The CFP’s financial distribution model rewards conferences for not only how many teams they place in the field but also how far they advance.

    CFP REVENUE DISTRIBUTION

    Per terms of the agreement for playoff participants:

    *A conference will receive $4 million for each team that makes the College Football Playoff and for each team that advances to the quarterfinals.

    *A conference will receive $6 million for each team that advances to the semifinals and each team that advances to the national championship game.

    *A conference whose team makes the field will receive $3 million to cover expenses for each team in each round.

    *Separately, each conference will receive $300,000 for each school whose team meets the NCAA academic progress rate (ARP) for participation in a postseason game. Each independent institution will also receive $300,000 when its football team meets that standard.

    A BYE IS VALUABLE

    It is not difficult to understand why coaches and officials from the Big 12 and the ACC attempted to make a strong case for their conferences after the most recent CFP rankings were announce Tuesday. No. 8 SMU was the only ACC team ranked in the top 12, and none of the Big 12 teams was ranked that high. Arizona State topped out at No. 15.

    The champion of one of those conferences is almost certain to be the No. 5 seed, which would keep the league from maxing out on its potential revenue. The first four CFP seeds will net $8 million for their leagues by virtue of the first-round bye — $4 million for making the field and another $4 million for (automatically) advancing to the quarterfinals.

    No. 10 Boise State won its second straight Mountain West championship with a 21-7 victory over No. 20 UNLV on Friday night, and it seems impossible that the Broncos could drop out of the top 12 in favor of a two-loss Big 12 champion or a two- or three-loss ACC winner.

    Arizona State and No. 16 Iowa State (both 10-2) will play for the Big 12 title and SMU (11-1) will play No. 17 Clemson (9-3) for ACC title.

    Saturday’s championship card also includes No. 2 Texas (11-1) against No. 5 Georgia (10-2) in a rematch for the SEC title and No. 1 Oregon (12-0) meeting No. 3 Penn State (11-1) in the Big Ten title game. An an independent, No. 4 Notre Dame (11-1) is not eligible for top five seed per CFP rules.

    THE 2023-24 PAYOUTS

    Based on calculations from the 2023-24 season, the CFP said the following distributions were made in the spring of 2024:

    *For conferences that had contracts for their champions to participate in the Orange, Rose, or Sugar bowls, the base amount combined with the full academic performance pool was approximately $79.41 million for each conference.

    *The five conferences that did not have contracts for their champions to participate in the Orange, Rose or Sugar bowls received approximately $102.77 million in in base and APR pools.

    *Notre Dame received a payment of $3.89 million by meeting the APR standard. the other six independents shared $1.89 million.

    IF LATEST CFP RANKINGS HOLD

    The Big Ten and the SEC stand to be the big winners if nothing changes Sunday from the most recent CFP rankings Dec. 3.

    Four Big Ten schools — Oregon, Penn State, Indiana, Ohio State — and four SEC schools — Texas, Georgia, Mississippi, Alabama — were ranked in the top 11. Alabama landed at No. 11, one spot behind Boise State and one ahead of ACC Miami, which in that instance would be the first team out.

    For that, Big Ten and SEC teams would earn at least $20 million for their conferences in the first two rounds — $16 million for the four teams in the field and another $4 million for the conference champion because it automatically advances.

    That would leave first-round money of $4 million for each Notre Dame, Boise State, the Big 12 champ and the ACC champ. The Mountain West would be the biggest unexpected winner, inasmuch as it could make $8 million if Boise State gets the No. 4 seed and the bye.

    The quarterfinals are Dec. 31-Jan. 1, the semifinals are Jan. 9-10 and and the championship game is Jan. 20 in Mercedes-Benz Stadium in Atlanta.

    Hypothetically, if an SEC team and a Big Ten team meet in the final game, each conference would earn another $12 million apiece — $6 million for reaching the semifinals, another $6 million for making the title game.

    If one conference has both finalists, the windfall would $24 million.

    Source link

  • Yellen says ending Biden tax incentives would be ‘historic mistake’ for states like North Carolina

    Yellen says ending Biden tax incentives would be ‘historic mistake’ for states like North Carolina

    WASHINGTON — Treasury Secretary Janet Yellen is warning voters in the battleground state of North Carolina that they could lose jobs if Republicans weaken a signature Biden administration law that encourages investments in manufacturing and clean energy.

    Yellen says that Republican-dominated states like North Carolina are greatly benefiting from tax incentives under the 2022 Inflation Reduction Act and that eliminating them would be a “historic mistake,” according to a draft of a speech she will give Thursday at a community college in Raleigh. The Treasury Department released the remarks ahead of the address.

    North Carolina has emerged as a key battleground this election cycle between Republican former President Donald Trump and Democratic Vice President Kamala Harris, where Trump ultimately won North Carolina in the 2020 presidential election.

    Yellen says Treasury data shows that 90,000 North Carolina households claimed more than $100 million in residential clean energy credits and $60 million in energy efficiency credits.

    “Rolling them back could raise costs for working families at a moment when it’s imperative that we continue to take action to lower prices,” Yellen says in her speech. “It could jeopardize the significant investments in manufacturing we’re seeing here and across the country, along with the jobs that come with them, many of which don’t require a college degree. And it could give a leg-up to China and other countries that are also investing to compete in these critical industries.”

    “As we see clearly here in North Carolina, this would be a historic mistake,” she says.

    Some Republicans have called on their leaders to reconsider repealing IRA energy tax incentives.

    A group of 18 House Republicans in August called on House Speaker Mike Johnson to reconsider efforts to eliminate them.

    “Prematurely repealing energy tax credits, particularly those which were used to justify investments that already broke ground, would undermine private investments and stop development that is already ongoing,” the letter reads. “A full repeal would create a worst-case scenario where we would have spent billions of taxpayer dollars and received next to nothing in return.”

    But Rep. Chip Roy, R-Texas, tweeted on social media site X that the lawmakers who signed the letter want to “preserve so-called ‘green’ handouts to Democrats’ corporate cronies.”

    “The GOP must ignore K-Street lobbyists and refuse to fund the climate corporate cronies destroying our country,” he said.

    The Republican case against the Inflation Reduction Act hinges on the argument that the spending is wasteful and benefits China.

    IRS data released in August states that 3.4 million American families have claimed $8.4 billion in residential clean energy and home energy efficiency tax credits in 2023 — mostly towards solar panels and battery storage.

    Source link