NCAA Player revenue sharing

[CL82]

Sources: NCAA in talks to settle NIL antitrust case

The leaders of college sports are involved in "deep discussions" to reach a legal settlement that would likely lay out the framework for sharing revenue with athletes in a future NCAA business model, sources told ESPN.

www.espn.com

The good news: they are going to cap the amount that teams can pay their players.

The bad news: that "cap" is going to be $20 million.

 

[SHUisNJsTeam]

Basically a cap in name only so still a free for all.

 

[Section112]

Sources: NCAA in talks to settle NIL antitrust case

The leaders of college sports are involved in "deep discussions" to reach a legal settlement that would likely lay out the framework for sharing revenue with athletes in a future NCAA business model, sources told ESPN.

www.espn.com

The good news: they are going to cap the amount that teams can pay their players.

The bad news: that "cap" is going to be $20 million.

$20M for football schools who also have basketball. How much of the $20M is allocated to basketball? No way $20M for just basketball. Seems like their only way out of this complete sh show.

 

[SHU AL 84]

If they cap the NIL, the bag will come out again

 

[Section112]

If they cap the NIL, the bag will come out again

That's OK. That's how it was before and now the bag is in public and has gone crazy.

 

[SHUSource]

If they want to structure it in such a way that the schools pay the players directly -- say, as employees -- I suppose they can cap it. But there is no way that they can continue to effectively pay players under the disguise of "NIL" and have any hope of capping it. Those are individually negotiated payments that (technically) do not come in exchange for playing football or basketball. That money is in exchange for use of the player's name, image, and/or likeness. (I'll pause while everyone stops laughing...)

It can, I guess, begin to limit the amount of money available for "NIL" because the same people funding it now are also going to be the ones tapped to help supplement this new line in the athletic department budget. So it'll turn the focus back to Pirate Blue, while Onward Setonia would still be shaking the tin cup for "NIL" contributions that would help offset athletic department shortfalls. Seton Hall is obviously not going to create a new $20 million budget line to pay its players, right?

This does nothing for us. In fact, it probably makes it harder.

 

[Seton75]

If they cap the NIL, the bag will come out again

You think boosters were paying 20 mill a year under the table?

 

[TheHall87]

$20M for football schools who also have basketball. How much of the $20M is allocated to basketball? No way $20M for just basketball. Seems like their only way out of this complete sh show.

If they want to structure it in such a way that the schools pay the players directly -- say, as employees -- I suppose they can cap it. But there is no way that they can continue to effectively pay players under the disguise of "NIL" and have any hope of capping it. Those are individually negotiated payments that (technically) do not come in exchange for playing football or basketball. That money is in exchange for use of the player's name, image, and/or likeness. (I'll pause while everyone stops laughing...)

It can, I guess, begin to limit the amount of money available for "NIL" because the same people funding it now are also going to be the ones tapped to help supplement this new line in the athletic department budget. So it'll turn the focus back to Pirate Blue, while Onward Setonia would still be shaking the tin cup for "NIL" contributions that would help offset athletic department shortfalls. Seton Hall is obviously not going to create a new $20 million budget line to pay its players, right?

This does nothing for us. In fact, it probably makes it harder.

As I read this it's a cap of $20 million per school which can be distributed how the school sees fit. I would expect only the FBS and a portion of the FCS schools to dole out that much.

A basketball-only likely wouldn't need to spend that much although it might be an avenue to shore up some of its non-revenue sports.

As per the linked story the money will come from the athletic department budget and also notes that schools can opt-in to a smaller amount than $20 million.

 

[CL82]

 

[silkcitypirate]

$20 million is a joke . If they are serious about caps they should have a cap for each sport.