10 months ago

Schools in basketball-centric leagues face different economic challenges with NCAA settlement

Bernadette McGlade leads an Atlantic 10 Conference built around basketball and focused on getting multiple bids to the NCAA men’s tournament much more than anything tied to big-time football. “So we have to get to the strategy table and start doing analysis.” Schools that lean on basketball in leagues like the A-10, Big East — home to UConn, the two-time reigning men’s national champion — and the West Coast Conference face the prospect of directing millions to their athletes every year. “I think the real interesting angle here is: Why does men’s basketball pay for the entire overhead of college athletics and college football doesn’t contribute?” Standiford asked. The disproportionality is a real concern, and it wouldn’t have taken that much for that proportionality to get balanced a little bit more and everyone be a little bit more respectful of each other.” Jay Bilas, a former Duke player and attorney who is also an ESPN basketball broadcaster, said NCAA member schools put themselves in this position by voting “in lockstep to restrict athletes from making money all these years.” “So there’s no difference in culpability from the University of Georgia to Marquette,” Bilas said. “I think everybody would identify that Villanova’s investment in basketball is important at Villanova, or UConn, or whoever, and they’re going to continue to do everything they can to compete at that level,” Standiford said.

Football Athletes Basketball Settlement Schools College Revenue Million Think Ncaa Total Revenue Bilas Different Economic Mcglade Standiford challenges ncaa different economic basketballcentric schools basketball face football mens settlement athletes college leagues million revenue think

History of this topic

2 weeks, 1 day ago

Other states are preparing for the House NIL settlement. But can Florida schools compete?

Politico

Lawmakers in Arkansas this week passed a bill allowing schools to hold raffles to generate more cash for sports programs. State House members, who held a three-day workgroup this week exploring NIL issues, proclaimed that “the second you open that door, all hell is going to break loose.” “Teachers are watching, going, ‘Man, I have a hard time just living …

2 weeks, 3 days ago

The Flawed Plan to Control College Athletes’ Pay

Bloomberg

March Madness culminates on April 7, when the NCAA men’s basketball championship game is played in San Antonio. The main event is slated for a federal courtroom in Oakland, California, where a district judge will hold a hearing on final approval for a settlement between the National Collegiate Athletic Association and former players who’ve sued in class actions over restrictions …

2 weeks, 4 days ago

American Athletic Conference sets minimum for schools to share with athletes at $10M over 3 years

Associated Press

The American Athletic Conference will require each member except Army and Navy to provide athletes with at least $10 million in additional benefits over the next three years, making it the only league so far to set a minimum standard with revenue sharing expected to begin in Division I sports in July. Commissioner Tim Pernetti said Wednesday that 13 of …

1 month ago

Georgia, SEC schools expected to pay football athletes about 75 percent of revenue sharing

New York Times

ATHENS, Ga. — Georgia’s athletic department is planning to pay football players at least $13.5 million in revenue sharing this upcoming year, as part of the expected settlement in the House settlement case. Brooks said Tuesday that Georgia was planning to pay its players in similar proportion to how the House settlement would disperse back pay for name, image and …

2 months, 2 weeks ago

March Madness will pay women's teams under a new structure approved by the NCAA

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In the first year, $15 million will be awarded …

2 months, 2 weeks ago

March Madness will pay women’s teams under a new structure approved by the NCAA

Associated Press

The AP Top 25 women’s college basketball poll is back every week throughout the season! NASHVILLE, Tenn. — Women’s basketball teams finally will be paid for playing games in the NCAA Tournament each March just like the men have for years under a plan approved Wednesday at the NCAA convention. “I appreciate the decision by the Kaplan Hecker and Fink …

2 months, 2 weeks ago

NCAA to dole out $1.2B to help pay for House settlement. Its president asks for Congress to step in

Associated Press

NASHVILLE, Tenn. — Stressing his own organization’s ability to pay out $1.2 billion over 10 years to help settle an industry-changing lawsuit, NCAA President Charlie Baker also urged Congress to pass legislation that could put college sports on a better path. “When I took this job, the message I heard from Congress was clear — fix what you control first,” …

3 months, 1 week ago

The College Football Playoff financial gap: How do coach salaries, revenue compare?

New York Times

The 12-team College Football Playoff field features the nation’s highest-paid coach, highest-paid staff, biggest gameday budget and richest program. Coaching paydays CFP team head coach salaries Rk Coach School Salary 1 Kirby Smart Georgia $13.3 million 2 Dabo Swinney Clemson $11.1 million 3 Steve Sarkisian Texas $10.6 million 5 Ryan Day Ohio State $10 million 10 Josh Heupel Tennessee $9 …

4 months, 3 weeks ago

Money in NCAA sports has changed life for a few. For many athletes, college degree remains the prize

Associated Press

PHOENIX — Sponsorship deals were far from Jonny Bottorff’s mind when he transferred to Northern Arizona University on a football scholarship. But outside the highest-profile athletes, who now can earn millions of dollars while still in school, many players say a college degree remains the ultimate prize. Before the Supreme Court ruled in 2021 that U.S.-born athletes could earn money …

7 months, 1 week ago

NCAA lays out pay structure for women’s basketball tournament performances

Associated Press

A women’s basketball team that reaches the Final Four of the NCAA Tournament could bring its conference roughly $1.26 million over the next three years in financial performance rewards. There will be $15 million awarded to teams in the first year of the fund, which is 26% of the women’s basketball media revenue deal. Men’s basketball teams now receive 24% …

7 months, 3 weeks ago

NCAA moves closer to financially rewarding women’s basketball teams that reach March Madness

Associated Press

Women’s basketball teams moved a step closer to getting financially rewarded for success in the NCAA Tournament. Central Arkansas President Houston Davis, who is the chairman of the board’s finance committee, said the panel has been working on women’s basketball units for about a year, though conversations go farther back than that. Baker said Thursday that the antitrust settlement the …

7 months, 3 weeks ago

Report: Howard men’s basketball coach pitching ownership stake for potential investors

Associated Press

WASHINGTON — Howard University’s men’s basketball coach is reportedly pitching a proposal to potential investors in which a 33% stake in the program could be sold for $100 million. “College athletics is a full-fledged business now,” Kenny Blakeney, the team’s coach, told the Washington Post. It’s not clear how realistic Blakeney’s pursuit of that kind of investment money is, but …

8 months ago

Big win for the Big East? House settlement unknowns have college basketball coaches worried

New York Times

NORTH AUGUSTA, S.C. — Yes, Nate Oats is worried. I shouldn’t say one sport, but I think the importance of college basketball is at the top and after what just happened in the landscape of college sports, it puts us in a very unique position.” What if, while the SEC and Big Ten continue their football-first arms race, those basketball-centric …

8 months ago

75% of US Olympians played in college. Future of Games hinges on fallout from NCAA athlete payouts

Associated Press

PARIS — Three-quarters of the nearly 600 American athletes lining up for action at the Paris Olympics honed their skills playing college sports in the United States. “We’re going to keep a close eye on programs being cut, or even talked about being cut.” Four years ago, with the COVID-19 pandemic altering the financial picture in college sports, Stanford startled …

8 months ago

Who is getting paid and how in the landmark settlement of NCAA antitrust cases

Associated Press

Highlights from the 100-page, $2.78 billion settlement agreement filed Friday in federal court covering the NCAA, college sports’ five wealthiest conferences and plaintiffs representing hundreds of thousands of former and current student-athletes. The range of damage payments vary widely, with football and men’s basketball players who competed in the so-called Power Five conferences are set to receive the largest sums. …

9 months, 1 week ago

Down a step from elite college football, officials pitch a model for a new sports landscape

Associated Press

Facing upheaval on the way in college athletics, a handful of administrators and athletes from smaller schools have been working on a new model of governance. It was a way to be proactive -- and potentially head off future lawsuits -- amid seismic changes across college sports that started even before the recent $2.77 billion settlement of antitrust claims agreed …

10 months ago

NCAA President Charlie Baker Talks 2.8B settlement and State of College Sports a year into the job.

NPR

NCAA President Charlie Baker Talks 2.8B settlement and State of College Sports a year into the job. But, you know, as somebody who's been around college sports for a very long time, there's still going to be a lot of young people who are going to be playing college sports at schools and on campuses and learning all the lessons …

10 months ago

SEC gathers to sort through consequences of settlement, comes away with more questions than answers

Associated Press

The AP Top 25 college football poll is back every week throughout the season! “It’s going to be a process,” Florida athletic director Scott Stricklin said. “We have to recognize we don’t have all the answers right now.” One way to boost revenue schools are already considering is selling advertising that would be displayed on football fields or uniforms. In …

10 months ago

Union leader: Multibillion-dollar NCAA antitrust settlement won’t slow efforts to unionize players

Associated Press

BOSTON — Efforts to unionize college athletes will continue, advocates said Friday, even with the NCAA’s landmark agreement to allow players to be paid from a limited revenue-sharing pool. “With this settlement, the NCAA continues to do everything it can to avoid free market competition, which is most appropriate in this case,” said Chris Peck, the president of the local …

10 months ago

With revenue sharing coming to college sports, are NIL collectives a problem or part of a solution?

Associated Press

When the NCAA lifted its longtime ban on college athletes earning endorsement money in 2021, there was no such thing as collectives. With revenue-sharing with college athletes on the horizon as part of a $2.8 billion antitrust settlement proposal agreed to Thursday by the NCAA and the nation’s biggest conferences, the future of collectives seems uncertain even though the duties …

10 months, 1 week ago

Who gets paid? How much? What to know about the landmark NCAA settlement

The Independent

10 months, 1 week ago

NCAA and conferences sign off on settlement that would allow schools to pay athletes

LA Times

The NCAA and five major college sports conferences have agreed to settle antitrust allegations for nearly $2.8 billion over the next 10 years. The NCAA and the nation’s five biggest conferences announced Thursday night that they have agreed to pay nearly $2.8 billion to settle a host of antitrust claims, a monumental decision that sets the stage for a groundbreaking …

10 months, 1 week ago

Paying college athletes will usher in a new era of uncertainty. But here’s what won’t happen

New York Times

This week, the NCAA, ACC, Big Ten, Big 12, Pac-12 and SEC voted to allow schools to pay their athletes. “If we go down the road of paying players substantial sums, all will be lost,” former CBS Sports president Neal Pilson testified during the 2014 O’Bannon v. NCAA trial. Many college athletes — not just in football and men’s basketball …

10 months, 3 weeks ago

The college sports-wide vibe shift that led leaders to the brink of a historic settlement

New York Times

The exhaustion, but also the relief, was clear in the voice of a longtime college sports administrator late last week. But when granted anonymity to discuss negotiations surrounding a high-profile lawsuit, they had this to say on the subject of a possible settlement in House v. NCAA: “Hopefully, we’re finally about to get a new model for college athletics.” That …

10 months, 3 weeks ago

How much are men’s college basketball transfers really getting paid? Mailbag

New York Times

And now, Part 2 of our national college basketball mailbag — starting with every fan’s biggest question: Does anyone have inside knowledge on how much players earn when they transfer? Out of that pool of players, 60 are in the portal or have already transferred to another school, 59 are college seniors and I’m projecting 36 will stay in the …

10 months, 3 weeks ago

Paying college athletes is closer than ever. How could it work and what stands in the way?

Associated Press

The proposed settlement of a federal class-action antitrust lawsuit that has been approved by the NCAA and major college conferences would cost billions and pave the way for college athletes to get a cut of the revenue that has been flowing to their schools for years. FILE - Footballs stand ready before the Virginia Tech at Wake Forest NCAA college …

10 months, 3 weeks ago

Settlement could cost NCAA nearly $3 billion; plan to pay athletes would need federal protection

Associated Press

SCOTTSDALE, Ariz. — The NCAA and major college conferences are considering a possible settlement of an antitrust lawsuit that could cost them billions in damages and force schools to share athletics-related revenue with their athletes. But even if college sports leaders create a new, more professional model for collegiate athletics they likely would need help from Congress if athletes are …

11 months, 3 weeks ago

NCAA president hopeful women’s teams rewarded for appearance in tournament like the men

Associated Press

CLEVELAND — Despite huge TV ratings and unprecedented attention for women’s basketball, teams in the NCAA Tournament don’t cash in like their male counterparts. While nothing has been approved yet, Baker said the finance committee is targeting the 2024-25 season to give women’s teams financial compensation. “We just signed a new contract with ESPN and women’s basketball is a big …

1 year ago

Women’s college basketball has made huge strides. How have sportsbooks responded?

New York Times

The Athletic has live coverage of women’s March Madness and every Sweet 16 matchup Picture this: It’s the night of Selection Sunday. FanDuel says that bet count is up 139 percent since last year for the first two rounds of the women’s tournament, and that active customers betting on the women’s markets have increased by 172 percent. Across sportsbooks, the …

1 year ago

How James Madison methodically built an athletic powerhouse that is having a March Madness moment

Associated Press

NEW YORK — James Madison’s moment in the college sports spotlight has been years in the making. A school that 17 years ago drew criticism for cutting 10 sports from its athletic department is now reaping the rewards of a broad, methodical plan to lift James Madison from a regional school in Virginia’s Shenandoah Valley to a national brand. “We’ve …

1 year ago

It's March Madness and more people than ever can legally bet on basketball games

The Independent

1 year, 1 month ago

NCAA generates nearly $1.3 billion in revenue for 2022-23. Division I payouts reach $669 million

Associated Press

INDIANAPOLIS — The NCAA generated nearly $1.3 billion in revenue for the 2022-23 fiscal year, more than half of which was distributed back to Division I members, according to financial statements released Thursday by the association. As usual, the bulk of the NCAA’s revenue — $945 million — came from media rights and marketing deals tied to championship events. The …

1 year, 1 month ago

NCAA spent years fighting losing battles and left itself helpless to defend legal challenges

Associated Press

Years of fighting losing battles have left the NCAA almost helpless to defend itself. Amy Perko, CEO of the Knight Commission on Intercollegiate Sports, said the NCAA’s insistence of trying to govern major college football while it has no jurisdiction over its postseason and no say in how the billions in revenue it generates are spent is the root of …

1 year, 2 months ago

On eve of move to Big Ten, UCLA athletic department posts $36.6-million deficit

LA Times

UCLA’s Jaylen Clark takes a shot against Arizona during a game at Pauley Pavilion last season. UCLA’s approaching revenue stream can’t arrive fast enough after the school’s athletic department posted a deficit of $36.6 million for the 2023 fiscal year, the fifth consecutive year that the Bruins have run a shortfall stretching into eight figures. Once UCLA moves to the …

1 year, 2 months ago

NCAA signs lucrative TV deal for championships, but keeps women’s basketball in bundle

New York Times

The NCAA on Thursday said it had reached an eight-year agreement with ESPN worth $115 million annually to televise 40 college sports championships each year, including the marquee Division I women’s basketball tournament that many people within college sports had hoped would be primed for even bigger returns given a wave of recent popularity. Ultimately, the NCAA and ESPN agreed …

1 year, 3 months ago

NCAA’s proposal on athlete compensation would come at expense of smaller schools

New York Times

On Tuesday night, Florida Atlantic fans left their cozy Boca Raton confines for a little Christmas in New York, proudly donning their red sweatshirts and T-shirts to cheer on the Owls at the Jimmy V Classic in Madison Square Garden. The school’s rise to the national rankings is just one of a collection of potential unintended consequences in the NCAA …

1 year, 5 months ago

Billions in TV revenue, athletes as employees on the line as college sports faces more legal threats

Associated Press

At a reception attended by several university presidents in Manhattan, Arizona State President Michael Crow was asked to ponder a not-too-distant future where Sun Devils football and basketball players get a cut from the billions of dollars their sports generate in media rights deals. “That is not an outcome which is conducive, in my view, to the success of the …

1 year, 6 months ago

Revenue-sharing with major college football players seems ‘inevitable.’ How could it be done?

Associated Press

When one of college football’s top coaches makes a point of letting the world know he believes his players should essentially be paid, it gets a lot of attention. “When the student-athletes call it a business, the corporate-types call it a game.” Overhauling the collegiate sports model to allow athletes playing at the highest levels of college football to share …

1 year, 7 months ago

Review of NCAA’s business pushes association to get creative in supporting schools, athletes

Associated Press

On the same day the NCAA released the results of a business review encouraging the association to find creative ways to support its member, it announced Wednesday it was crafting detailed rules for name, image and likeness compensation and that all college athletes soon would be eligible for some injury insurance after they leave school. Echoing Baker’s NIL wish list, …

1 year, 10 months ago

ACC backs plan to offer increased payouts to schools for postseason success

Associated Press

The Atlantic Coast Conference is moving forward allowing schools to earn more money generated from their own postseason performances, a move coming as the league tries to find ways to close a growing financial gap with two power-conference peers. The league has long distributed revenue evenly among its membership, including money coming from revenue-generating postseason events like the College Football …

1 year, 10 months ago

ACC leadership touts progress in trying to address financial gap with the Big Ten and the SEC

Associated Press

AMELIA ISLAND, Fla. — The Atlantic Coast Conference emerged from three days of spring meetings at a posh, oceanside resort with one resolution: the formalization of tiebreaker rules for the league’s new, no-division format. Most everything else discussed behind closed doors remained secretive works in progress, most notably how the league plans to close the financial gap on college football’s …

2 years ago

Women hope Sweet 16 next step to own March Madness TV deal

Associated Press

Women’s college basketball believes it has the makings for a hit reality TV show with star power driving a marketable product that has a growing audience. South Carolina coach Dawn Staley believes the question of whether women’s hoops merits its own March Madness TV contract has already been answered, even though the women’s tournament loses money under the current deal. …

2 years, 2 months ago

US appeals court to weigh NCAA case over pay for athletes

Associated Press

PHILADELPHIA — The NCAA will ask a federal appeals court next month to block a lawsuit that seeks to have athletes treated as employees who are paid for their time, the latest high-profile challenge to amateurism in college sports. “Traditions alone cannot justify the NCAA’s decision to build a massive money-raising enterprise on the backs of student athletes who are …

2 years, 10 months ago

States hands off when it comes to NCAA, athlete compensation

Associated Press

The AP Top 25 college football poll is back every week throughout the season! “A lot of people are referencing the NCAA not taking action, but the same can be said about states,” said Darren Heitner, an attorney who helped craft the Florida law. The unenforced state bans on pay-for-play and recruiting deals calmed lawmakers who worried that college sports …

2 years, 10 months ago

Miami’s Wong shows college sports hurtles toward free market

Associated Press

The AP Top 25 college football poll is back every week throughout the season! The brazen demand made on behalf of University of Miami basketball star Isaiah Wong last week provided a rare, unvarnished glimpse into the way elite college sports have been transformed by athletes’ rights to earn money through endorsements. “It’s very clear it’s really not about endorsements, …

3 years ago

March Madness paying off for players under mishmash of rules

Associated Press

The AP Top 25 college football poll is back every week throughout the season! “And that’s a really odd transformation that we need to somehow, I think, strike a middle ground here, eventually.” This week, Kansas, Villanova, North Carolina and Duke will play in the first Final Four to be held under the new world of “name, image and likeness” …

3 years ago

Women’s Final Four can be a financial windfall for players

Associated Press

The AP Top 25 college football poll is back every week throughout the season! “I think women’s basketball is doing really well in that regard, just with the opportunities we’re given, and sort of the chances we’re getting in the field,” she said. Marsh, who also teaches sports law and ethics at Northwestern, said many players have done a better …

3 years ago

The NCAA Tournament by the numbers

Associated Press

A look at the NCAA Tournament by the numbers: 0.52 — Average years of experience of Arizona players, making it the youngest team in the field and third-youngest in Division I, according to the analytics site KenPom.com. 9 — Coaches going to the tournament in the first year at their schools: Mark Adams, Texas Tech; Chris Beard, Texas; Hubert Davis, …

3 years, 3 months ago

Inside the coaches’ plan to let men’s college basketball, not the NCAA, determine its own future

New York Times

Craig Robinson is an exceptionally reasonable man. But with Robinson serving as guiding hand, the coaches have come up with their own exceptionally reasonable, even downright simple, pitch: Let men’s college basketball lead, govern and oversee itself, and do so independent of other sports. “We’ve got guys going to college campuses, to the dorms to recruit players with the transfer …

Discover Related

NBA & FIBA explore European expansion: New league could feature top EuroLeague clubs, $500M franchise fees

Trending News

4 days, 5 hours ago

NBA & FIBA explore European expansion: New league could feature top EuroLeague clubs, $500M franchise fees

India Today

The NBA is making major strides toward expanding into Europe, with discussions about a new professional basketball league taking center stage at this week's Board of Governors meeting in New York. The NBA has reached out to European football giants, such as Paris Saint-Germain and Manchester United, to explore potential backing for teams in the new league. An NBA spokesperson …

Franchise Paris League European Nba New League Fiba

5 days, 8 hours ago