Difference between revisions of "House v. NCAA"
Jump to navigation
Jump to search
(a start) |
(As reported by the generally liberal ''Sports Illustrated'', far more will be hurt by this settlement than will benefit) |
||
| Line 4: | Line 4: | ||
Instead, the parties have agreed to $2.8 billion in damages to former college athletes and 22% of the average Power 5 school’s revenues. That amount is estimated at more than $20 million annually per school for future revenue sharing ....<ref>https://www.forbes.com/sites/kristidosh/2024/05/24/10-things-to-know-about-the-ncaas-house-settlement/?sh=6158640d5cb1</ref>}} | Instead, the parties have agreed to $2.8 billion in damages to former college athletes and 22% of the average Power 5 school’s revenues. That amount is estimated at more than $20 million annually per school for future revenue sharing ....<ref>https://www.forbes.com/sites/kristidosh/2024/05/24/10-things-to-know-about-the-ncaas-house-settlement/?sh=6158640d5cb1</ref>}} | ||
| + | == Giant contraction == | ||
| + | As reported by the generally [[liberal]] ''[[Sports Illustrated]]'', far more will be hurt by this settlement than will benefit: | ||
| + | {{cquote|College athletics, which for the past half century have been available to hundreds of thousands of young men and women, are on the verge of a severe contraction — a gigantic reduction of opportunity ....}} | ||
== References == | == References == | ||
{{reflist}} | {{reflist}} | ||
[[category:colleges]] | [[category:colleges]] | ||
[[category:sports]] | [[category:sports]] | ||
Revision as of 04:42, May 31, 2024
House v. NCAA is a lawsuit that has imposed billions of dollars in new costs on college sports, much of it going to plaintiffs' attorneys. Only a small percentage of the negotiated settlement will flow to college athletes, and many will see programs eliminated due to the expenses.
| “ | The NCAA and Power Five conferences (ACC, Big 12, Big Ten, Pac-12 and SEC) have agreed to a settlement in the House v. NCAA case, which threatened to cost the organizations a potential $4 billion in treble damages had the case gone to trial.
Instead, the parties have agreed to $2.8 billion in damages to former college athletes and 22% of the average Power 5 school’s revenues. That amount is estimated at more than $20 million annually per school for future revenue sharing ....[1] |
” |
Giant contraction
As reported by the generally liberal Sports Illustrated, far more will be hurt by this settlement than will benefit:
| “ | College athletics, which for the past half century have been available to hundreds of thousands of young men and women, are on the verge of a severe contraction — a gigantic reduction of opportunity .... | ” |