re: When players become official employees

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Employees are not subject to Title IX restrictions

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Not exactly

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Employees Rights Under Title IX

Fortunately, Title IX protects you as a full-time or part-time employee of your school (again, assuming it receives federal funds of any kind) against gender discrimination and sexual harassment regardless of your position, title, job description, or length of employment.

Student Employee Rights Under Title IX

Undergraduate and graduate students who are functionally “employed” by their educational institution are also protected by Title IX whether they get a paycheck or financial credit in exchange for their work. Examples of such employee status include work study students, medical resident students, and graduate teaching assistants.

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If they are an employee of said school and that school receives any type of federal money they are protected under Title IX.

So yes you start paying the football players as employees you can bet the female sports team will demand under Title IX equal pay.