The full impact across the NCAA will take a bit of time but the P5 conferences do hold a lot of sway. If there is a spring season that counts as a year of eligibility (unlike most spring seasons), I think the impact will be relatively small in terms of budgets, verbal offers, etc. But I'd expect the mid-November NLI date to get punted to the old early Feb date so that the full extent of 20-21 is known. If spring does not count as a year of eligibility, I think verbals will be revisited as each program (whether or not P5, whether or not a school has football) figures out how many seniors would come back for a 5th year, whether those seniors have guaranteed $$$, whether the NCAA increases the # of scholarships/team, whether a specific program has the $$$ if the NCAA does allow more scholarships (just match up the stars and the dollars . . . if you have a Sr on a full ride and a HS Sr expecting a full ride, well the $$$ needs to come from others or the $$$ needs to drop for that star HS Sr). Programs can't go into binding agreements (NLI) while the structure of spring is TBD and can't know just how many spots are available in 2021 and beyond until the NCAA provides guidance on a number of variables.
I don't think anyone is stoking fear, just spit-balling on the nuance related to this decision (and I do agree - despite credible reporting, we need to see the specific conference(s) making announcements before speculating too much)
agree on the discussion about how will schools juggle scholarship allotment. That’s a lot of figure out and whether or not spring happens is a huge piece of it. But the original post insinuated that the cancelling of football means financial devastation across the board, which isn’t true. We don’t even know anything yet. Everyone is already on edge, grieving, stressed and there are so many unknowns. To throw loss of scholarships, coaches leaving and what have you is unnecessary.