"If I were really smart, I'd probably retire. Then I'd really be a story, but we need the money," said Cignetti.
Concerns Over Recruiting Costs
Despite his commitment, Cignetti expressed significant concern about the financial landscape of college football, reporting that player valuations have escalated drastically over a single year.
"It's tricky right now, to be honest with you," said Cignetti.
The implementation of revenue sharing has intensified the pursuit of high-end recruits.
Indiana is targeting elite prospects like five-star wide receiver Monshun Sales and defensive lineman Jalen Brewster, whose acquisitions will likely require seven-figure agreements.
"A lot of big-name guys, interest, initial interest — the market right now is three to five times what it was last year.
It's scary to me, it really is as a person in this industry. Like, how can we possibly sustain this down the road with what's going on?"
said Cignetti.
The rapidly escalating marketplace prompted discussions about recruiting reform during the Big Ten spring meetings.
"The market is pretty expensive," said Cignetti.
During a previous appearance at Huber's Orchard & Winery on May 27, Cignetti predicted a structural crisis for universities if restrictions are not established swiftly.
"It's scary. It's scary.
I think players should get paid, but something's going to have to be done in the next 24 to 48 months or universities are going to be handle this.
>>> Rick Hendrick's No-Layoff Policy During Pandemic Built Lasting Loyalty
College football won't exist the way we're going right now," said Cignetti.