House Settlement Coming Soon | The Boneyard

House Settlement Coming Soon

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The House settlement introducing revenue sharing to college athletics is expected to come down soon. I tried to figure out how it will affect Vanderbilt’s women’s basketball. It’s guess work but likely to be something close to reality.

It appears that starting with the 2025-26 season, schools will be able to share up to a maximum of $20.5 million annually with athletes. Schools will be able to decide at what level they are willing and able to participate. Athletic director Candice Storey Lee has said Vandy will participate at the highest level.

The department of education has said these funds will fall under Title IX, though they stopped short of saying exactly how that will work. Assuming the distribution is exactly proportional, here’s how I think it will work at Vandy:

At Vandy, according to Grok, there are 442 athletes, and 247 of those are female, meaning 55.9 percent. If you take 55.9 percent of 20.5 million, you get $11.459,500 to be split among 247 female athletes. That’s $46,395 per female athlete if they all get an equal share. That is a surprising figure to me.

Of course, each school will have options on how to distribute the funds within each gender. In other words, female basketball players, for example, could get a bigger paycheck than female swimmers. I suspect Vandy could just make an even distribution among all of them, though that could put programs like basketball at a disadvantage with competitors who load up their hoops players.

Also, many people seem to have the idea that this will eliminate NIL. It will not. The only realistic hope is that, once the revenue sharing comes on line, some sort of regulation will accompany it so that the blatant pay-for-play system we now have can be reeled in, at least to some degree.

I’m open to being corrected on any and all of this. It’s just the best understanding I can come up with right now.
 
The House settlement introducing revenue sharing to college athletics is expected to come down soon. I tried to figure out how it will affect Vanderbilt’s women’s basketball. It’s guess work but likely to be something close to reality.

It appears that starting with the 2025-26 season, schools will be able to share up to a maximum of $20.5 million annually with athletes. Schools will be able to decide at what level they are willing and able to participate. Athletic director Candice Storey Lee has said Vandy will participate at the highest level.

The department of education has said these funds will fall under Title IX, though they stopped short of saying exactly how that will work. Assuming the distribution is exactly proportional, here’s how I think it will work at Vandy:

At Vandy, according to Grok, there are 442 athletes, and 247 of those are female, meaning 55.9 percent. If you take 55.9 percent of 20.5 million, you get $11.459,500 to be split among 247 female athletes. That’s $46,395 per female athlete if they all get an equal share. That is a surprising figure to me.

Of course, each school will have options on how to distribute the funds within each gender. In other words, female basketball players, for example, could get a bigger paycheck than female swimmers. I suspect Vandy could just make an even distribution among all of them, though that could put programs like basketball at a disadvantage with competitors who load up their hoops players.

Also, many people seem to have the idea that this will eliminate NIL. It will not. The only realistic hope is that, once the revenue sharing comes on line, some sort of regulation will accompany it so that the blatant pay-for-play system we now have can be reeled in, at least to some degree.

I’m open to being corrected on any and all of this. It’s just the best understanding I can come up with right now.
Correct.

I believe there are at least 20 schools that in the last reported year of 2023 spend an excess of the 20.5 million dollars ranging from close to 40 million at the Ohio State down to the mid 30 million.

So this so-called house settlement really does very little to address the issues surrounding students funding as those halves will continue but has become a arms race and spending which I expect as soon exceed 50 million. In fact once the settlement is implemented I would imagine that there will be 50 programs spending twice the 20.5 million dollar figure

In many ways this is long overdue and athletes performing in football, men's basketball, and to a limited extent women's basketball will benefit.

For the vast majority of students participating in collegiate athletics there will be no impact as there is no money or very little going to be going to lacrosse, swimming, diving, gall, wrestling etc
 
The settlement has been approved by the courts. And, away we go.

 
One of the better facets of the settlement is that the old scholarship limits have been dumped. I ( and the SEC) have always hated the 12.5 scholarship limit on baseball which resulted in most players getting only fractions of scholarship. Now, a school can give out up to 35 scholarships for baseball! Others more “minor sports” teams have been given a significant increase in the number of scholarships.

Attached is an article on Bama which shows the potential increase in scholarships. Roster Limits for Every Alabama Sport Following House v. NCAA Settlement
 
Coach Ralph confirmed on Erin Foley's podcast yesterday that the SEC will adopt the 75-15-5-5 splits.

 
Coach Ralph confirmed on Erin Foley's podcast yesterday that the SEC will adopt the 75-15-5-5 splits.

I've wondered how this will affect universities which can't financially keep up to stay competitive. I could see those universities dropping football so they can be financially competitive with P4 schools in basketball and other sports.
 

Dan Wetzel provide some valuable contacts to these ongoing legal changes and efforts to incorporate transparency in payment of all members of the college athletic community.
 

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