Reply to thread

Message: [QUOTE="OrangeXtreme, post: 5191047, member: 41"] [MEDIA=twitter]1843377719230529652[/MEDIA] $2.8B in back-pay.- spread over 10 years- from NCAA + school distribution (NCAA Tournament money)- distribution determined using a formula based on a player’s value- $2.3B goes to P4 FB/MBB players (avg of $120K a player over 10 years)- Back-payments begin as soon as May $20B+ in rev-share over 10 years.- schools must stay under an annual cap determined thru avg of P4 revenue data- 1st-year cap likely $21-23M per school with escalators to as high as $33M by 2035- schools are not *required* to share revenue- rev-share to start July 1 More on future rev-share.- schools can distribute revenue at own discretion- most plan to use back-pay formula for distribution: 75-85% FB, 10-15% MBB, 10-15% others- Title IX is not exempt, resulting in certain lawsuits- revenue mostly shared by buying player NIL rights More on future rev-share.- $2.5M of Alston pay counts toward the cap, which is why many schools plan to curtail Alston pay- $2.5M of new scholarship money that a school adds counts toward the cap (look for schools to add more scholarships to women sports to balance Title IX) Roster structure.- schools to provide scholarships to full rosters under new roster limits- roster limits changed dramatically: in FB, roster is 105 (from 85); MBB is 15 (13); BSB is 34 (11.7)- walk-ons still exist. Ex: most SEC BSB programs to only scholarship 20-27 spots Enforcement arm.- Cap management system: plaintiffs/P4/NCAA to police cap requiring regular school submissions- Clearinghouse: a non-NCAA 3rd party to approve certain non-school (booster) NIL to athletes- Arbitration: neutral arbitrator to hear appeals on enforcement matters Opting in/out.- schools have a choice to opt out of settlement terms, thus prohibiting them from sharing revenue- many FCS & basketball-playing programs plan to opt out of the settlement- there is on-going debate on future competition between P4 schools & those that opt-out Settlement will require NCAA rule changes. DI Council expected to:- eliminate National Letter of Intent- apply FB redshirt rule (can play up to 30% of a 5th season) to all sports- permit athletes to receive prize money/pay before enrollment. [/QUOTE]

Verification: What is a Syracuse fan's favorite color?