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NCAA is Voting to Kill Expansion Big 12: Revenue Sharing Drops Iowa State, Houston, UCF and More

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Conteúdo fornecido por Locked On Podcast Network and Drake Toll. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Locked On Podcast Network and Drake Toll ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

Per reporting from Pete Thamel, sources indicate that the top-end revenue share number per school, once determined, would be approximately $20 million annually, although this remains unsettled. The leaders of college sports are involved in "deep discussions" to reach a legal settlement that would likely lay out the framework for sharing revenue with athletes in a future NCAA business model, sources told ESPN.

Texas A&M athletic director Trev Alberts recently told the Bryan-College Station Eagle that schools could be adding $15 million to $20 million to their budgets annually for what he termed a "new expense category" in college athletics. Whatever number is set by the settlement, individual schools will be able to opt in to share revenue up to that number with their student athletes at their discretion. (They could choose to share less, but not more.)

The NCAA and its power conferences are defendants in an antitrust class action lawsuit, House v. NCAA, which argues that the association is breaking federal law by placing any restrictions on how athletes make money from selling the rights to their name, image, or likeness. The case is scheduled to go to court in January 2025.

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1356 episódios

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Manage episode 416932539 series 2885484
Conteúdo fornecido por Locked On Podcast Network and Drake Toll. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Locked On Podcast Network and Drake Toll ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

Per reporting from Pete Thamel, sources indicate that the top-end revenue share number per school, once determined, would be approximately $20 million annually, although this remains unsettled. The leaders of college sports are involved in "deep discussions" to reach a legal settlement that would likely lay out the framework for sharing revenue with athletes in a future NCAA business model, sources told ESPN.

Texas A&M athletic director Trev Alberts recently told the Bryan-College Station Eagle that schools could be adding $15 million to $20 million to their budgets annually for what he termed a "new expense category" in college athletics. Whatever number is set by the settlement, individual schools will be able to opt in to share revenue up to that number with their student athletes at their discretion. (They could choose to share less, but not more.)

The NCAA and its power conferences are defendants in an antitrust class action lawsuit, House v. NCAA, which argues that the association is breaking federal law by placing any restrictions on how athletes make money from selling the rights to their name, image, or likeness. The case is scheduled to go to court in January 2025.

Support Us By Supporting Our Sponsors!

Yahoo Finance
For comprehensive financial news and analysis, visit the brand behind every great investor, YahooFinance.com.

Monopoly GO!
Get in the game and join your friends. Click HERE to Download MONOPOLY GO! now free on The App Store or Google Play.

LinkedIn
These days every new potential hire can feel like a high stakes wager for your small business. That’s why LinkedIn Jobs helps find the right people for your team, faster and for free. Post your job for free at LinkedIn.com/lockedoncollege. Terms and conditions apply.

Gametime
Download the Gametime app, create an account, and use code LOCKEDONCOLLEGE for $20 off your first purchase. Terms apply.

FanDuel
FanDuel, America’s Number One Sportsbook. Right now, NEW customers get ONE HUNDRED AND FIFTY DOLLARS in BONUS BETS with any winning GUARANTEED That’s A HUNDRED AND FIFTY BUCKS – with any winning FIVE DOLLAR BET! Visit FanDuel.com/LOCKEDON to get started.

eBay Motors
From brakes to exhaust kits and beyond, eBay Motors has over 122 million parts to keep your ride-or-die alive. With all the parts you need at the prices you want, it’s easy to bring home that big win. Keep your ride-or-die alive at EbayMotors.com. Eligible items only. Exclusions apply. eBay Guaranteed Fit only available to US customers.

FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN)

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