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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 ...
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. [31] For instance, CBS paid around $800 million for broadcasting rights to a three-week 2014 men's basketball tournament. [31]
An estimated $1.67 billion was spent in 2024 on student-athletes, according to a report from Opendorse, an NIL tech company. Nearly all of that was for men's sports, including $1.1 billion spent ...
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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]
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.
Over the past five years, students have paid nearly $90 million in mandatory athletic fees to support football and other intercollegiate athletics — one of the highest contributions in the country. A river of cash is flowing into college sports, financing a spending spree among elite universities that has sent coaches’ salaries soaring and ...
The buyout balloon could be popped if athletes prevail in court cases yet to be decided and an administrative law judge sides with the National Labor Relations Board's contention that college ...