Pay for play is almost here

[HooperScooper]

The deal also eliminates the restrictions on schools directly paying their players which have long been a cornerstone of the NCAA's amateurism rules. If the settlement is finalized, starting next year schools will be allowed to pay their players up to a certain limit. The cap is expected to start at slightly more than $20 million per school and increase on an annual basis.

"We are thrilled that we are one step closer to a revolutionary change in college sports that will allow NCAA athletes to share in billions of revenue," said Steve Berman, co-lead counsel for the plaintiff class.

Other objectors also raised concerns about a part of the deal that will allow the NCAA to place some restrictions on a defined group of third-party boosters and the name, image and likeness deals they can strike with college athletes. The restrictions are designed to stop the current system of NIL-based collectives that use endorsement deals to attract and retain players to a specific team.

Removing collectives would place a more stringent cap on what each team is able to spend to build its roster.

Landmark college settlement gets preliminary OK

A judge granted preliminary approval to the landmark $2.78 billion legal settlement that would transform college sports by allowing schools to pay players.

www.espn.com

 

[bendm]

he cap is expected to start at slightly more than $20 million per school and increase on an annual basis.

The cap will increase on a yearly basis during the 10-year-long settlement agreement. The number automatically grows 4% every year. It will also increase as the revenue generated by college sports grows. An economist hired by the plaintiffs' attorneys projected that the cap would increase roughly $1 million each year, ending at $32.9 million per school by the 2034-35 academic year.

 

[uconnfan68]

What could go wrong?

 

[HuskyFich]

At what point do College Coaches say enough is enough?

They are more or less the GM, Assistant GM, Head Scout, Head Coach, and Owner (raising money)…they seem to do more work than any professional coach.

The pendulum feels to be swinging from NCAA to players, with coaching being told to adapt or die. Not saying it’s unfair, but there’s definitely a line where coaches won’t take on the role without a massive supporting staff.

I’m starting to see why Jay Wright & Co. left.

Hate to bring this point up, but we’ll need way more revenue to support sustained dominance 10-20 years into the future if this gets passed. The BE better pony up, and/or AD David Benedict needs to keep going to commissioner schmoozing events.

 

[bendm]

Hate to bring this point up, but we’ll need way more revenue to support sustained dominance 10-20 years into the future if this gets passed.

revenue sharing starts next year so we're gonna need more revenue next year...

hopefully schools spend at least 2/3s of the available revenue on football, so bball starts out around ~$6.5 mill/year and maxes out at ~$10mill/year...

that's still more than we get from the BE tv deal and it would all have to go towards men's bball players. idk where that leaves womens bball.