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Who gets paid in the NCAA Settlement
Posted on 5/6/25 at 12:27 pm
Posted on 5/6/25 at 12:27 pm
While still hung up on the issue of limiting roster spots, it appears most other issues have been settled in the agreement. While I keep hearing part of the settlement is to pay $2.78 to current and former athletes, I couldn't find HOW this money was to be paid and to whom.
I finally found this:
Who's building that spreadsheet
Edited for link:
LINK
I finally found this:
quote:
The $2.78 billion in settlement money will be distributed to more than 10,000 former and current athletes. How much money an athlete will receive will be determined by a series of formulas that measures the athlete’s likely “market value” based on such things as the marketability of the sport they play, the athlete’s performance in that sport, and the athlete’s social media fame, among other factors.
Who's building that spreadsheet
Edited for link:
LINK
This post was edited on 5/6/25 at 12:29 pm
5
Posted on 5/6/25 at 12:32 pm to CelticTiger
Allowing former athletes to recoup their perceived NIL is just stupid. It's reparations essentially, which is the calling card of the woke.
Posted on 5/6/25 at 1:44 pm to Faurot fodder
Yeah. It's reparations being paid to the people who actually got taken advantage of or were wronged.
You got a problem with Barry Sanders getting paid for his NCAA NIL value that he was not allowed to collect?
And what about players that were great in college and that are now deceased such as Steve McNair? Do you think his estate/family should receive payment?
You got a problem with Barry Sanders getting paid for his NCAA NIL value that he was not allowed to collect?
And what about players that were great in college and that are now deceased such as Steve McNair? Do you think his estate/family should receive payment?
This post was edited on 5/6/25 at 1:45 pm
Posted on 5/6/25 at 1:56 pm to CelticTiger
quote:
Once in effect, the landmark settlement will forever change the way college sports are played. Specifically, the NCAA and member schools have agreed to pay $2.78 billion in back damages over the next 10 years to athletes who played in Division 1 schools between 2016 and today.
Why just since 2016? Why not go back 50 years? or 100 years?
The whole thing is stupid
Posted on 5/6/25 at 1:57 pm to Dicken Nuggets
quote:
You got a problem with Barry Sanders getting paid for his NCAA NIL value that he was not allowed to collect?
And what about players that were great in college and that are now deceased such as Steve McNair?
I realize you are just using those guys as examples to make your point, but neither would get paid under the settlement terms. Only D1 athletes who played 2016 to present are eligible.
That said, I'm sure you could point to some in that time frame who are worthy.
Posted on 5/6/25 at 2:10 pm to Buster83
Here is the best part of this plan-
quote:
Critics of the distribution plan point out that the approach favors athletes in high-profile sports, such as football and men’s basketball, over athletes in sports that bring in less money, like lacrosse or fencing. It is estimated that 90% of the settlement money will go to players from football and men’s basketball programs. Proponents of the deal believe this distribution approach is justified since high-profile sports drive higher revenues for schools.
Additionally, future court cases may try to challenge the legality of distribution plans that will, as a whole, tend to pay higher sums to male athletes than female athletes. These challenges could argue that such payment inequality is illegal under Title IX, a federal law prohibiting discrimination in education and school sports based on gender.
Posted on 5/6/25 at 2:14 pm to Buster83
Saw that too.
Does this mean the school has unfettered discretion on who gets the money?
In the absurd, could a school theoretically pay one stud QB $20.5M
Does this mean the school has unfettered discretion on who gets the money?
In the absurd, could a school theoretically pay one stud QB $20.5M
Posted on 5/6/25 at 2:18 pm to CelticTiger
quote:
Saw that too.
Does this mean the school has unfettered discretion on who gets the money?
In the absurd, could a school theoretically pay one stud QB $20.5M
I don't understand how it will be dispersed but I don't really think they know yet either. Pretty sure the lawsuits will continue though.
The NCAA has backed themselves into a corner again and will come out of all this looking even dumber than before.
Think of what Johnny Football would be paid if he was eligible.
This post was edited on 5/6/25 at 2:20 pm
Posted on 5/6/25 at 4:29 pm to CelticTiger
quote:
Who's building that spreadsheet
Likely a marketing consulting firm like Marketing Valuations, Inc. They came up with the Q-Score system that that advertisers and public relations companies use. They measure the brand value a specific person has.
Posted on 5/6/25 at 4:37 pm to Faurot fodder
quote:It isn't like the NCAA did this 160 years ago to long dead athletes. It's a currently existing entity that limited and/or damaged the earnings potential of actual living individuals. There is an actual guilty party here and an actual aggrieved party. Not some inherited guilt (not really inherited...more like associated based off of similar skin pigmentation) and inherited grievance.
It's reparations essentially, which is the calling card of the woke.
This is not like "reparations"
quote:
That said, I'm sure you could point to some in that time frame who are worthy.
And did you miss the part where they are actually calculating the "worthiness" based off of marketing value charts. The guys who are "worthy" are the ones who are going to get paid from the settlement. Not some no name swimmer from some ivy league school.
This post was edited on 5/6/25 at 4:40 pm
Posted on 5/6/25 at 4:54 pm to Dicken Nuggets
Then they should turn around and pay the school back for their diploma.
Posted on 5/6/25 at 11:11 pm to PeleofAnalytics
quote:
quote:
Who's building that spreadsheet
Likely a marketing consulting firm like Marketing Valuations, Inc. They came up with the Q-Score system that that advertisers and public relations companies use. They measure the brand value a specific person has.
I was kinda hoping it would be SummerOfGeorge
Posted on 5/6/25 at 11:18 pm to PeleofAnalytics
quote:
And did you miss the part where they are actually calculating the "worthiness" based off of marketing value charts. The guys who are "worthy" are the ones who are going to get paid from the settlement. Not some no name swimmer from some ivy league school.
I didn’t miss shite. I did the research. I was simply pointing out to the poster that McNair and Sanders were not eligible. What part of…
quote:
I’M SURE you could point to some in that time frame who are worthy.
…did you misinterpret?
Posted on 5/6/25 at 11:20 pm to CelticTiger
Did you know that $50M is allocated as backpay for Baseball Volunteer Coaches as they had no formal salary?
The limit was 3 coaches, then it was updated to 4 coaches. I think it is set to pay like $80K for each year a coach was on staff as a volunteer baseball coach. A lot of coaches in the SEC that held that position are getting checks too.
I wonder how many other things are allocated to things like that.
The limit was 3 coaches, then it was updated to 4 coaches. I think it is set to pay like $80K for each year a coach was on staff as a volunteer baseball coach. A lot of coaches in the SEC that held that position are getting checks too.
I wonder how many other things are allocated to things like that.
Posted on 5/6/25 at 11:31 pm to JayAg
quote:
I wonder how many other things are allocated to things like that.
I’m not a lawyer, but my career demands that I read and interpret a lot of agreements/contracts/settlements for various reasons. One thing I’ve found is “journalists” are some of the laziest and misinformed people on the planet. They take, say, an AP feed and rearrange or repackage it without having a clue what they are talking about.
I linked a law school article in the OP which, admittedly, is only SLIGHTLY better.
Maybe tomorrow I will search for the ACTUAL proposed settlement.
Posted on 5/7/25 at 7:47 am to CelticTiger
When I was a journalist, I utterly hated having to write about legal issues because the actual legal settlements were so confusing to a layman's eye. What I would do ... but I am an old fart and did things differently than the people who have ruined the trade (journalism is not a profession) today do ... is call a couple of lawyer friends of mine and ask for an explanation that a sixth-grader could understand before I wrote one word. But again that was just me.
Posted on 5/7/25 at 9:53 am to CelticTiger
quote:
Who gets paid in the NCAA Settlement?
The lawyers
Posted on 5/7/25 at 12:24 pm to OldPete
quote:
The lawyers
You got that right!
From the Plaintiff’s motion for preliminary settlement approval:
quote:
Plaintiffs have litigated extensively to develop facts, economic theories, and models for class-wide damages. Over the last four years, Plaintiffs negotiated discovery protocols and search terms and reviewed millions of pages of documents. To obtain the evidence needed to support their claims, Plaintiffs subpoenaed nearly 200 third parties, including 153 NCAA member schools, multiple professional leagues and player associations, and several other industry participants. Plaintiffs deposed 40 fact witnesses, including the former President of the NCAA, conference commissioners, and athletic directors, and Defendants deposed the named Plaintiffs. Experts for both sides have been deposed, sometimes more than once, and have collectively submitted 22 reports totaling 2,885 pages. Plaintiffs’ economists worked extensively with data from Defendants, hundreds of schools, and other sources to develop a model capable of calculating reliable damages estimates for the classes. Berman Decl., ¶ 3.
Posted on 5/7/25 at 12:32 pm to Faurot fodder
quote:
It's reparations essentially, which is the calling card of the woke.
Meth really has hit Missouri hard huh
Posted on 5/7/25 at 12:35 pm to Quicksilver
Not quite as hard as the genetic hammer has hit Louisiana. Are you a former gymnast or WBB player trying to get some NCAA reparations?
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