May 30, 2024
Round-up: NCAA, Conferences and Campuses to Share Revenue with "Student-Athletes" - May 30
Analysis and impact of the multi-billion-dollar agreement expected to resolve antitrust lawsuits by former athletes against the NCAA and major athletic conferences continues.
The National Collegiate Athletic Association’s (NCAA) Board of Governors and the leaders of the five conferences—the Atlantic Coast (ACC), Big Ten, Big 12, Pacific-12 (Pac-12) and Southeastern (SEC)— to pay more than $2.7 billion in damages to cover what is essentially “back pay” for use of athletes’ name, image and likeness since 2016. The NCAA will cover more than $1 billion of that total and the five conferences will pay the rest over 10 years, according to news reports.
The settlement, which would avoid a potential courtroom loss for the sports powers that legal experts have estimated at between $4 billion and $20 billion, would also create a revenue-sharing model going forward in which colleges that chose to participate would agree to distribute roughly a fifth of their annual revenue—roughly $20 million each—to their players.
Below is a selection of today’s headlines:
College Sports Departments Gearing Up for 'Economic Earthquake'
Associated Press (May 30, 2024)
Big Money. College Athletes and the N.C.A.A.: A Timeline
The New York Times (May 30, 2024)
NCAA to Consider Allowing Sponsor Logos on Field in Wake of Proposed Revenue Sharing Settlement
USA Today (May 30, 2024)
With Payments to College Athletes, Another Fight Looms for Women
The New York Times (May 29, 2024)
The Journal: $2.8 Billion for College Athletes and a New World for the NCAA (Podcast)
The Wall Street Journal (May 29, 2024)
The Bottomless College Parent Trap - Commentary
The Wall Street Journal (May 29, 2024)
The NCAA’s Reparations Don’t Come Close to Righting Its Racial Wrongs - Commentary
The Washington Post (May 30, 2024)
No, College Sports Aren’t Over. But They’ll Never Be the Same. – Commentary
The Wall Street Journal (May 29, 2024)
The National Collegiate Athletic Association’s (NCAA) Board of Governors and the leaders of the five conferences—the Atlantic Coast (ACC), Big Ten, Big 12, Pacific-12 (Pac-12) and Southeastern (SEC)— to pay more than $2.7 billion in damages to cover what is essentially “back pay” for use of athletes’ name, image and likeness since 2016. The NCAA will cover more than $1 billion of that total and the five conferences will pay the rest over 10 years, according to news reports.
The settlement, which would avoid a potential courtroom loss for the sports powers that legal experts have estimated at between $4 billion and $20 billion, would also create a revenue-sharing model going forward in which colleges that chose to participate would agree to distribute roughly a fifth of their annual revenue—roughly $20 million each—to their players.
Below is a selection of today’s headlines:
College Sports Departments Gearing Up for 'Economic Earthquake'
Associated Press (May 30, 2024)
Big Money. College Athletes and the N.C.A.A.: A Timeline
The New York Times (May 30, 2024)
NCAA to Consider Allowing Sponsor Logos on Field in Wake of Proposed Revenue Sharing Settlement
USA Today (May 30, 2024)
With Payments to College Athletes, Another Fight Looms for Women
The New York Times (May 29, 2024)
The Journal: $2.8 Billion for College Athletes and a New World for the NCAA (Podcast)
The Wall Street Journal (May 29, 2024)
The Bottomless College Parent Trap - Commentary
The Wall Street Journal (May 29, 2024)
The NCAA’s Reparations Don’t Come Close to Righting Its Racial Wrongs - Commentary
The Washington Post (May 30, 2024)
No, College Sports Aren’t Over. But They’ll Never Be the Same. – Commentary
The Wall Street Journal (May 29, 2024)