House vs NCAA Settlement

[UAlbany09]

If you have not been keeping up, the various conferences are voting on whether or not to accept a $2.8 Billion dollar settlement in the House vs NCAA lawsuit that awards damages to student athletes who were not paid for NIL. It's interesting to note that the non-power and FCS conferences will be on the hook for substantial amounts of money to cover the settlement. The 27 non-power conferences will be expected to pay $990 million over a 10 year period to fund the damages.

 

"One Division I commissioner estimated that non-FBS conferences would be on the hook for $2.5 million per year to help cover the NCAA’s costs of the settlement. Two sources in different CCA22 leagues said that equates to roughly 25 percent of the annual revenue those schools receive from the NCAA" - NY Times

 

Just food for thought as the college sports landscape continues to change. 

 

With $2.8B settlement looming, NCAA's smaller conferences feeling squeezed: 'What other options are there?'

[GreatDanes06]

 

[jimbo]

Hammering another nail in the coffin……

[cwdickens]

From MSN.com:

https://www.msn.com/en-us/sports/nhl/in-major-change-college-athletes-set-to-be-paid-directly-by-schools/ar-BB1mWRCL?ocid=mailsignout&pc=U591&cvid=92b8a0d90a2a46b5b1a929f10bb3bfe8&ei=72

I agree with those who feel that in the end is near, for what many of us liked about college sports in our earlier lives, the fans of the lessor conferences are the big losers in this new era.

 

Edited May 24 by cwdickens
clarify

[Eli]

One step closer to me no longer caring about college sports. 

[B9j2j6s]

Well this definitly divides the haves and have nots in the NCAA.  Glad the kids are getting paid.  How does this impact title 9?

[dslyank]

1 hour ago, B9j2j6s said:

Well this definitly divides the haves and have nots in the NCAA.  Glad the kids are getting paid.  How does this impact title 9?

Saw an interview on CBS Morning Show this AM. They interviewed an "expert" {did not catch his name}. Expert said he DID NOT KNOW if men & women would be 'PAYED" the same and guessed Title 9 like everything else would be going back yo court. ALL sports must be PAID, but had no idea of scale factor the same for all or not. Guessed P5 budgets for salaries would be 20-30 million { but missed if he said 20-30 "additional" or total}. Did say P5s are officially equivalent minor league professional franchises. 

He tried to to comment on the effect on mid major teams; but the CBS interview team seemed un-interested and kept asking him P5 questions. Obviously I was very disturbed about the lack of interest by the staff of CBS. The expert did try to explain there are over 1000 colleges offering ncaa sports; 350 or so DI and only 69 or 70 P5s; but the CBS interview team did not seem interested on the effect of the ruling on the 930 others???????? 

The expert said and I am not sure I got this exactly right; but there would no longer be maximum or minimum # of scholarships by sports. He did say scholarship money would go UP and I think he indicated most teams would have smaller rosters. Like I said I'm not sure I got this right; but if true I guess it would mean less bench players and like the METS (sorry Bob) could buy a championship team and dump them the next year when they did not win.

[B9j2j6s]

This is going to be U G L Y to watch.