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A settlement being discussed in an antitrust lawsuit against the NCAA and major college conferences could cost billions and pave the way for a compensation model for college athletes.. An ...
For players who declare they are pros, their income should be subject to what they can earn, but they should also forgo the traditional compensation of scholarship awards, and would be required to ...
The NCAA could have to pay out as much as $20 billion if it loses the case, while a settlement could come to $2.7 billion in back-pay damages as well as a reshuffling of how student athletes are paid.
Due to the increasing popularity of college sports because of television and media coverage, some players on college sports teams are receiving compensation from sources other than the NCAA. [30] For instance, CBS paid around $800 million for broadcasting rights to a three-week 2014 men's basketball tournament. [30]
The probability of college athletes becoming employees has gripped much of college athletics in fear. Some lawmakers plan to address the concept in a congressional bill.
Of the more than 100 faculty leaders at public colleges who responded to an online survey conducted by The Chronicle/HuffPost, a majority said they believe college sports benefit all university students. But they were divided about whether students should pay fees to support their college teams.
Paying college athletes would present several legal issues for the NCAA and its member institutions. [59] If paid, the athletes would lose their amateur status and become university employees. [59] As employees, these athletes would be entitled the National Labor Relations Act to form or join labor organizations and collectively bargain. [59]
Student athletes were permitted to enter name, image and likeness (NIL) deals starting in 2021, which led to college football and basketball stars (and players in all sports) getting paid ...