House v. NCAA settlement approved: Landmark decision opens door for revenue sharing in college athletics

[husky429]

Yes. This is what I and others have been saying. This is why initially, the Big East is going to be in good shape here.

Women's bball needs to be taken care of. Football will get more money if attendance continues to grow and the product continues to win.

Did this writer think UConn football was going to get double what our mens bball team is getting?

14 million to men's and women's basketball on top of any SC or personal deals is a s*%^ ton of money.

Kind of makes me wonder how our football was able to pull off some of the portal additions and returners.

Everybody has Chargers and Ram's on campus from what I've seen. (And they're alarmingly bad at driving stick). A few years ago that would've been enough to keep a kid around. Now we're paying AK millions after his worst season yet. Not sure how to feel about it

 

[CL82]

Yes. This is what I and others have been saying. This is why initially, the Big East is going to be in good shape here.

And then Dave Benedict pointed out the fairly obvious fact that seemed to be eluding most other people, you have to actually have revenue before you can share revenue.

So sure most big east schools could allocate the vast majority of the $20 million cap towards basketball, but first they actually have to find the money to pay for it. That's going to be a challenge for most small private institutions.

 

[huskymedic]

Kind of makes me wonder how our football was able to pull off some of the portal additions and returners.

Primarily Mike Burton & Storrs Central & D’Amelio’s Huskie Collective to an extent.

 

[huskymedic]

Thumbnail from D1ticker.com this morning:

 

[huskymedic]

-> Central Connecticut is competing for recruits against schools that will share revenue and have NIL opportunities. Central coach Patrick Sellers opens recruiting pitches with a declaration, as follows: “I’m going to be 100 percent honest. We don’t have NIL money. So if you’re looking for money, let’s save each other time. I’m not going to waste your time, you’re not going to waste my time and we can just move on.”

Everybody wants money.

The fact that not everybody gets the amount they’re looking for creates a market to tap into later.

“Now we have a pool,” said Sellers, whose team has won back-to-back NEC regular season titles. “We go to that pool, and usually it’s young guys who are transfers who didn’t play a ton, or they’re going to be freshmen who don’t have the four stars. We can get involved with that group and it’s been good for us. And I tell them, the way the world works, if you come here and play well and we win, the money is outrageous so I’m going to help you. If you come here and do your school work and you’re in class and you’re on time, do all the right things and you become an attractive guy, I’m going to help you go to another level.” <-

 

[HooperScooper]

NIL deals with collectives are already being rejected.

The new agency in charge of regulating name, image, likeness deals in college sports sent a letter to schools Thursday saying it had rejected deals between players and donor-backed collectives formed over the past several years to funnel money to athletes or their schools.

Those arrangements hold no "valid business purpose," the memo said, and don't adhere to rules that call for outside NIL deals to be between players and companies that provide goods or services to the general public for profit.

The letter to Division I athletic directors could be the next step in shuttering today's version of the collective, groups that are closely affiliated with schools and that, in the early days of NIL after July 2021, proved the most efficient way for schools to indirectly cut deals with players.

College Sports Commission rejecting some athlete NIL deals

The new agency in charge of regulating name, image, likeness deals in college sports sent a letter to schools Thursday saying it had rejected deals between players and donor-backed collectives formed over the past several years.

www.espn.com

 

[UConnTrumbull]

NIL deals with collectives are already being rejected.

The new agency in charge of regulating name, image, likeness deals in college sports sent a letter to schools Thursday saying it had rejected deals between players and donor-backed collectives formed over the past several years to funnel money to athletes or their schools.

Those arrangements hold no "valid business purpose," the memo said, and don't adhere to rules that call for outside NIL deals to be between players and companies that provide goods or services to the general public for profit.

The letter to Division I athletic directors could be the next step in shuttering today's version of the collective, groups that are closely affiliated with schools and that, in the early days of NIL after July 2021, proved the most efficient way for schools to indirectly cut deals with players.

College Sports Commission rejecting some athlete NIL deals

The new agency in charge of regulating name, image, likeness deals in college sports sent a letter to schools Thursday saying it had rejected deals between players and donor-backed collectives formed over the past several years.

www.espn.com

Return of the bag man soon