I still don't understand this madness. To pay for "damages" (not allowing NIL or outside payment) to athletes that have already graduated, already got their all (or some of) of their education paid for, future potential athletes are "picking up the tab" by having opportunities for them to play collegiately. And the NCAA is fine with this?
"One looming financial burden for the athletic department is the House vs. NCAA settlement, according to the email. The class-action lawsuit, which was initially filed in 2020, seeks damages from the NCAA and its five autonomy conferences for withholding name, image and likeness pay from athletes between 2016-2021. The settlement, which was granted preliminary approval on Oct. 7, 2024, has its final approval hearing on April 7.
The press release from Cal Poly said the financial impact from the settlement, if approved, will result in at least $450,000 loss per year for its programs.
If the settlement is approved, the NCAA and all its affiliated conferences are set to pay $2.75 billion in damages. The NCAA will pay roughly half the amount while the rest are distributed proportionally amongst its conferences, including the Big West and Big Sky. Cal Poly Football is in the Big Sky while the rest of the university’s sports are in the Big West outside of wrestling."
mustangnews.net
"One looming financial burden for the athletic department is the House vs. NCAA settlement, according to the email. The class-action lawsuit, which was initially filed in 2020, seeks damages from the NCAA and its five autonomy conferences for withholding name, image and likeness pay from athletes between 2016-2021. The settlement, which was granted preliminary approval on Oct. 7, 2024, has its final approval hearing on April 7.
The press release from Cal Poly said the financial impact from the settlement, if approved, will result in at least $450,000 loss per year for its programs.
If the settlement is approved, the NCAA and all its affiliated conferences are set to pay $2.75 billion in damages. The NCAA will pay roughly half the amount while the rest are distributed proportionally amongst its conferences, including the Big West and Big Sky. Cal Poly Football is in the Big Sky while the rest of the university’s sports are in the Big West outside of wrestling."
Cal Poly cuts swim and dive team, cites ‘changing’ NCAA landscape - Mustang News
Cal Poly Athletics discontinue men's and women's swimming and diving programs citing financial concerns and NCAA settlement. Student-athletes remain on scholarship.
mustangnews.net
