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The federal judge approved a $ 2.8 billion antitrust solution, and the conditions of an antitrest settlement of a $ 2.8 billion will provide college sports for more than a century. In short, schools are now a concept against the foundation of the amateur players with licensing deals – a concept of amateur entity.
Some questions and answers related to this monumental change for college athletics:
Q: What is the house station and why is it important?
A: Grant House is the former Arizona State Refugee who sued the suspectsNCAA and five largest sports conferencesin the nation). His claim and two others were united and the dispute for several years, the settlement of the settlement, which has completed ten years old in schools to direct athletes. Now they will be able to pay athletes for each school names, image and similarity (Nile). About 200,000 athletes and sections of about 200,000 are 500,000 and 1100 schools in the NCAA.
Q: How much will the schools pay athletes and where will the money come from?
A: In 1, every school, media rights, such as ticket sales and sponsorship, can share about $ 20.5 million with athletes representing 22% of things. Alabama Athletic Director Greg Byrne said the congress called “Sources and incomes that are not available in them.” Some money will come, especially for growing TV rights packagesCollege football playoffs.However, some schools increase costs to fans“Talent fees,” increase discount pricesand“Athletic payments”added to the cost of education.
Q: What about scholarships? It wasn’t like to pay athletes?
C: Scholarships and “participation value” has always been part of the contract for many sections, and especially if athletes receive their own degree, it is certainly worth it. The NCAA says that member schools have been delivered to athletes about $ 4 billion every year. However, athletes have long been defended that they have a large number of locations, including schools that go to many places, including the income produced for large numbers, including large numbers. They took the arguments to court and won.
Q: Players haven’t earned money for a while now?
A: Yes, since 2021. State laws targeting the rising state laws of the laws that face losses and increased state laws in court,The NCAA cleaned the roadAthletes support the so-called donor support from third parties, including various schools. Under the house, the school can still pay this money directly to the athletes and collectives in the game.
Q: But will $ 20.5 million, will cover all costs for athletes?
A: Probably no. However, within the settlement, third parties are still allowed to cut transactions with players. Some call it for a job, but as a new reality in the college sports, the best talent of schools, and then keep the dry talent and then on campus. The best quarter, for all athletes, about 10% of the Nile budget of a typical school is about $ 2 million, about $ 2 million.
Q: Is there any rules or are free for all?
Answer: Suspicious Conferences (ACC, Big Ten, SECTION 12, SEC and PAC-12) create an execution handle that seized NCAA for the NCAA’s annoyance and analogy. Among the largest functions of this new institution is to analyze third-party transactions worth $ 600 or more valuable for market value for the services provided by players. The so-called college sports commission promises to be faster and more efficient than NCAA. There are schoolsasked to sign a contractThey will say they will follow the rules of this new structure, and even go against the law.
Q: What was given about players playing before?
A: The main component of the settlement, the athletes competing between 2016-24 are $ 2.7 billion and the previous NCAA rules of the NCAA, or partially closed. That money will comeNCAA and its conferences(However, from schools that will actually pay less than items such as March madness).
Q: Who will buy most of the money?
C: Football and Men’s basketball are key income drivers in most schools, and this money helps to finance all other sports, not to receive football and basketball playersMost of the money.But this one isthe most difficult calculationsto make schools. Can beTitle IX Capital concernsBoth.
Q: What about all swimmers, gymnasts and other Olympic sports athletes?
A: Calling a settlementList limitAll teams will reduce the number of players, all these players are – not only a part – it is suitable for full scholarship. The superiority of these figuresImpact on Olympic-sports athletes,Whose scholarship is like a player’s expensive, but the sport is like a non-profit player. The United States has a college talent pipeline concern for the teamwill take a shot.
Q: So after this end, the problems of all college sports are solved, aren’t it?
A: The new execution handle appearsThe court has grown for. There are also collective transaction issues and whether athletes should not be taken into account, the NCAA and schools are not interested in the Tennessee Athletic Director Danny White’s proposalCollective bargaining is a potential solutionto a lot of headaches. NCAA President Charlie has been BakerPushing the CongressNothing has been created from Capitol Hill for a limited antitrest freedom to protect college sports from another series of lawsuits.
This story was first displayed Fortune.com
