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House Settlement Coming Soon
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[QUOTE="YoDore, post: 5288623, member: 12010"] 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. [/QUOTE]
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