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NCAA, power conferences agree to allow schools to pay players
Posted on 5/23/24 at 7:10 pm
Posted on 5/23/24 at 7:10 pm
quote:
The NCAA and its five power conferences have agreed to allow schools to directly pay players for the first time in the 100-plus-year history of college sports.
The NCAA and its leagues are planning to alert plaintiffs' attorneys Thursday that they are prepared to move forward with a multibillion-dollar agreement to settle three pending federal antitrust cases, sources told ESPN. The NCAA will pay more than $2.7 billion in damages over 10 years to past and current athletes, according to sources. Sources said the parties also have agreed to a revenue-sharing plan allowing each school to share up to roughly $20 million per year with its athletes.
ESPN
20
Posted on 5/23/24 at 7:14 pm to Darth_Vader
Will be better than NIL bullshite. Contracts directly with school.
Posted on 5/23/24 at 7:16 pm to Aguga
quote:
Will be better than NIL bullshite.
I think it makes NIL even more important. If the schools are all offering the same rates on average, the publicity/endorsement deals can provide an edge.
Posted on 5/23/24 at 7:18 pm to Aguga
100000%
The next lawsuit to follow is telling schools they are capped at 20MM.
That shite is not gonna fly in the state of Texas. Schools will pay what ever the frick they want and you can’t do anything about it.
This is a free market economy.
There is no collective bargaining agreement in place.
The next lawsuit to follow is telling schools they are capped at 20MM.
That shite is not gonna fly in the state of Texas. Schools will pay what ever the frick they want and you can’t do anything about it.
This is a free market economy.
There is no collective bargaining agreement in place.
This post was edited on 5/23/24 at 7:19 pm
Posted on 5/23/24 at 7:19 pm to Darth_Vader
quote:
to past and current athletes
How past are we talking? Is 1BIG about to collect?
Posted on 5/23/24 at 7:21 pm to 1BIGTigerFan
You had to actually play a sport.
Posted on 5/23/24 at 7:24 pm to Aggie in TN
Cost of everything will be going up
Facilities projects will take a back seat
Rosters about to shrink in all sports
Facilities projects will take a back seat
Rosters about to shrink in all sports
Posted on 5/23/24 at 7:26 pm to Aggie in TN
quote:
There is no collective bargaining agreement in place.
yet
Posted on 5/23/24 at 7:29 pm to Darth_Vader
Now someone post the ranking of athletic budgets
Posted on 5/23/24 at 7:30 pm to Aggie in TN
quote:
That shite is not gonna fly in the state of Texas. Schools will pay what ever the frick they want and you can’t do anything about it.
Seems to be working great for you….hahaha,…hahahaha
Posted on 5/23/24 at 7:31 pm to Darth_Vader
quote:
past and current athletes
LSU Quidditch players finna eat
Posted on 5/23/24 at 7:34 pm to Darth_Vader
The public with pay for this with exorbitant ticket prices!
Posted on 5/23/24 at 7:38 pm to Asleepinthecove
Tuition and tickets about to sky rocket
Posted on 5/23/24 at 7:39 pm to Asleepinthecove
I know it’s always been in bad taste to boo a college kid as an amateur. But I know feel some of these kids are gonna get ripped in half by fans and the media because they can’t take the pressure.
And if they are getting paid 200-500k, they better get ready for accountability.
And if they are getting paid 200-500k, they better get ready for accountability.
Posted on 5/23/24 at 7:41 pm to Aggie in TN
You can boo your arse off now
The sport we love and the reason most of here is gone
The sport we love and the reason most of here is gone
Posted on 5/23/24 at 7:42 pm to PerrillouxToTexas
quote:
I think it makes NIL even more important. If the schools are all offering the same rates on average, the publicity/endorsement deals can provide an edge.
Yes, but a contract means we don't have players leaving every year.
That's an upgrade.
Posted on 5/23/24 at 7:43 pm to jonnyanony
Agreed. Transfer portal solved.
You leave us, you forfeit your earnings.
I need to become an Agent. shite is about to get lit.
You leave us, you forfeit your earnings.
I need to become an Agent. shite is about to get lit.
Posted on 5/23/24 at 7:43 pm to Aggie in TN
quote:
That shite is not gonna fly in the state of Texas. Schools will pay what ever the frick they want and you can’t do anything about it.
This is a free market economy.
Great. Good luck when the networks don't air your games and you're not playing the teams that agree to play by the rules.
That money will dry up real fast.
Posted on 5/23/24 at 7:44 pm to jonnyanony
Do they institute a salary cap?
Posted on 5/23/24 at 7:45 pm to CBandits82
Seems like what they are trying to do.
I think there are about 20 -30 teams that could pay up to 20M a year for rosters.
And about 5-7 who could pay well over that.
A&M and Texas have that money.
I think there are about 20 -30 teams that could pay up to 20M a year for rosters.
And about 5-7 who could pay well over that.
A&M and Texas have that money.
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