Big East response to NCAA antitrust settlement

[The Hippie Satan of Hyperbole]

For all of the talk about NIL disparities, this has the possibility of accelerated resource disparities between the haves and have nots.

https://sports.yahoo.com/docs-ncaa-could-face-20b-in-damages-bankruptcy-if-proposed-settlement-offer-isnt-agreed-upon-232315637.html

"If they reject a proposed settlement offer, officials from the NCAA and power conferences stand to face a catastrophic $20 billion in back damages as well as risking a bankruptcy filing, according to documents obtained by Yahoo Sports.

The two-page document was circulated among power conference presidents and administrators on Tuesday as ACC leaders met at their annual spring meetings in Florida. It details terms of a potential settlement in the House, Hubbard and Carter antitrust cases, a trio of legal challenges brought against the NCAA and its five power conferences seeking back pay for various athlete compensation elements.

The settlement, believed to be in the final stages of adoption, consists of three main concepts: billions in back damages; a new compensation model permitting schools to share as much as $22 million annually with athletes in a capped system; and an overhaul of the NCAA scholarship and roster structure."


The Big East isn't happy about the proposed settlement:

https://sports.yahoo.com/ncaas-settlement-proposal-facing-strong-objection-from-big-east-194238228.html

[Skatastrophy]

Sounds like the beginnings of a professional league.

[Oldgym]

Sounds like the beginnings of a professional league.

Exactly that.

The new model, expected to be implemented in fall 2025, will permit schools to directly compensate athletes for their name, image and likeness (NIL) in a revenue-sharing concept that includes a quasi-salary cap

[GoldenWarrior11]

Glad Val and conference leadership recognized what this settlement proposal really is: it's sacrificing basketball revenues to find the settlement costs for the NCAA as a whole, when NIL/increased revenues is coming an overwhelming majority from the P4 of FBS (college football).  If a school like Marquette is going to pay $600,000 per year for ten-years, and that is the same amount as an Ole Miss or a Colorado or a Rutgers (who each sponsor football and earn significantly more revenues), well that's BS. 

I actually don't think this settlement would meet the legal precedent established by Congress, as it appears it will still cap NIL giving to student-athletes (that was already ruled a no-no).  It may be DOA, but with how many legal cases are out there over this, who knows. 

[The Hippie Satan of Hyperbole]

Sounds like the beginnings of a professional league.

Beginnings? It’s been professional for awhile.

[#UnleashSean]

Beginnings? It’s been professional for awhile.

Having it all out in the open and more transparent would be good.

[WarriorFan]

It was better in the good old days when all they got was a camaro and the phone number of a couple cheerleaders.

[muwarrior69]

Sounds like the beginnings of a professional league.

...and our fat cat boosters will have to pay the 600K added expense. Will they?

[tower912]

Make MU's NIL the main beneficiary of your estate.   

[The Equalizer]

Glad Val and conference leadership recognized what this settlement proposal really is: it's sacrificing basketball revenues to find the settlement costs for the NCAA as a whole, when NIL/increased revenues is coming an overwhelming majority from the P4 of FBS (college football).  If a school like Marquette is going to pay $600,000 per year for ten-years, and that is the same amount as an Ole Miss or a Colorado or a Rutgers (who each sponsor football and earn significantly more revenues), well that's BS. 

I actually don't think this settlement would meet the legal precedent established by Congress, as it appears it will still cap NIL giving to student-athletes (that was already ruled a no-no).  It may be DOA, but with how many legal cases are out there over this, who knows.

As I read the proposal, it's not capping NIL.  It's capping the NCAA's proposed revenue share with athletes.  Any NIL earned by athletes would be on top of that and would remain uncapped.

As to the NCAA's revenue, almost all of it comes from the NCAA mens basketball tournament TV rights and associated tournament ticket sales.  If the NCAA has to pay a settlement, there's really only one place where the NCAA can get the money.

[The Hippie Satan of Hyperbole]

As I read the proposal, it's not capping NIL.  It's capping the NCAA's proposed revenue share with athletes.  Any NIL earned by athletes would be on top of that and would remain uncapped.

As to the NCAA's revenue, almost all of it comes from the NCAA mens basketball tournament TV rights and associated tournament ticket sales.  If the NCAA has to pay a settlement, there's really only one place where the NCAA can get the money.

Right. The issue is the formula being used to decrease the allocations to the conferences.