Posted: 2024-05-04 College sports is moving closer to the inevitable: a direct athlete-compensation model. As industry leaders and plaintiff lawyers negotiate a settlement in the landmark House vs. NCAA antitrust case, details of that model are starting to emerge. The new model: The proposed settlement would (1) see the NCAA pay roughly $2.9 billion in back damages, (2) establish a framework for schools to share revenue with athletes and (3) implement roster limits and scholarship expansion, as Yahoo Sports' Ross Dellenger reports. \0x200C
By the numbers: Add it all up and the 10-year settlement agreement could cost each power conference school roughly $300 million over the decade, or $30 million a year. For reference, the SEC brought in $852.5 million in revenue for the 2023 fiscal year and distributed - $51 million to each of its 14 member schools. When would this be put in place? If a settlement is reached in House vs. NCAA, the revenue-sharing model will begin no sooner than the fall of 2025 and could be delayed until 2026. The timing and the settlement hinges, somewhat, on another antitrust case: Fontenot v. NCAA, which seeks billions of dollars for college athletes in compensation from televised broadcasts. |
|