The downside of NIL UPD NCAA approves settlement

[LadyStanley]

NCAA working to give colleges a more hands-on role in NIL deals for athletes

The proposal would permit schools to 'identify specific NIL opportunities' and 'facilitate deals' between athletes and third parties.

sports.yahoo.com

 

[LadyStanley]

Meet the man responsible for bringing disorder to college athletics ... and who could shape its future

Jeffrey Kessler is the lead attorney in what is shaping up to be the most revolutionary case in NCAA history.

sports.yahoo.com

The lawyer behind NIL, etc.

 

[LadyStanley]

What would House v. NCAA settlement mean? A revenue-sharing model to end college amateurism

After months of negotiations in the House antitrust case, the next evolution of athlete compensation is on the horizon.

sports.yahoo.com

Settlement still in progress, inching closer to resolution.

 

[joelef]

Ohio state just built a state of the art lacrosse facility for 175 million with their own filming room. It’s already professional.

 

[LadyStanley]

Sources: New college athlete compensation model may cost power schools $300M each over 10 years

The college sports industry is moving closer an athlete compensation system. At this point, it seems inevitable.

sports.yahoo.com

Price tag might be $30m/year

The 10-year settlement agreement could cost each power school as much as $300 million over the decade, or $30 million a year. That figure assumes a school meets what is believed to be: (1) a $17-22 million revenue distribution cap for athletes; (2) at least $2 million in withheld NCAA distribution for back damages; and (3) as much as $10 million in additional scholarship costs related to an expansion of sport-specific roster sizes — a concept previously unpublicized.

Nothing finalized, official. Subject to change/negotiations

 

[LadyStanley]

Letitia James announces new lawsuit

James, along with several other attorneys general, sued the National Collegiate Athletic Association (NCAA).

www.newsweek.com

Another challenge to NIL. Attorneys General from Florida, New York, Virginia, Tennessee and Washington DC are suing over restrictions not allowing student athletes to compare NIL compensation before enrollment.

 

[LadyStanley]

https://sports.yahoo.com/how-much-do-college-athletes-deserve-in-new-world-of-revenue-sharing-breaking-down-the-numbers-in-a-difficult-equation-115727731.html

 

[LadyStanley]

Could a new college compensation model be the end for football walk-ons?

As part of a new proposal, power conference leaders are considering reducing football rosters from more than 115 to as few as 85 players.

sports.yahoo.com

Hmmmm

 

[LadyStanley]

'How has court worked out for them?' — With NCAA settlement talks heating up, college leaders brace for multibillion-dollar price tag

Industry leaders describe the next two weeks as, perhaps, the most consequential in college athletics history.

sports.yahoo.com

Cha-ching!!

 

[LadyStanley]

Docs: NCAA could face $20B in damages, bankruptcy if proposed settlement offer isn't agreed upon

The potential settlement is believed to be in its final stages of adoption and consists of back pay, a new compensation model and an overhaul of the NCAA scholarship system.

sports.yahoo.com

If no settlement, could be $20b price tag

 

[LadyStanley]

NCAA's settlement proposal facing 'strong objection' from Big East

College sports insiders describe this week as the most consequential in college sports history.

sports.yahoo.com

Push back on settlement

 

[LadyStanley]

College QB sues coach over 2022 NIL deal that fell apart

Georgia QB Jaden Rashada sues Florida coach Billy Napier and booster over NIL deal that fell apart in 2022

Rashada was allegedly promised over $13 million to sign with the Gators out of high school.

sports.yahoo.com

 

[LadyStanley]

Could impending NCAA settlement save March Madness?

The NCAA is making a deal that it has to make, and it is not ideal for all parties. But the alternative is much, much worse.

sports.yahoo.com

March Madness future may depend on settlement

 

[LadyStanley]

NCAA votes to approve $2.8B settlement in House, Hubbard and Carter cases

In a landmark agreement that will transform the course of major college athletics, the NCAA has left behind its archaic rules and changed the way it's going to do business.

sports.yahoo.com

Settlement approved by NCAA

 

[LadyStanley]

NCAA settlement Q&A: How will schools distribute revenue, what is the future of NIL collectives and more

The landmark $2.8B deal topples the NCAA’s long-standing rules around amateurism and could help protect the organization from future legal challenges. But plenty of questions remain as to how it'll all work.

sports.yahoo.com

How things might work



Headline this morning indicated that Judge still needs to approve settlement. Won't start until 25-26 season.

 

[edog37]

The problem is college sports are trying to have their cake and eat it too. College football has all the bells and whistles of pro sports but then want to pretend they were somehow just like a beer league. Also the American sport system is absolutely garbage for development and for smaller sports

How exactly is the college system garbage for development? Smaller sports are small for a reason.

 

[joelef]

How exactly is the college system garbage for development? Smaller sports are small for a reason.

small Sports outside of the ncaa gets no investment while small sports in the ncaa does. Especially minor men sports

 

[edog37]

small Sports outside of the ncaa gets no investment while small sports in the ncaa does. Especially minor men sports

Ok and?

 

[LadyStanley]

The next evolution of NIL collectives and the battles that await: 'This is a big inflection point'

The NCAA’s landmark settlement has been billed by some as a move to bring stability to an unruly recruiting landscape. While offering solutions for some problems, the new model creates others.

sports.yahoo.com

Further issues