The Joe Pomp Show
Amateurism Is (Officially) Dead: Why The NCAA Has Agreed To Pay $2.7 Billion To Thousands Of Student Athletes With Michael Hendricks
May 30, 2024
Sports analyst Michael Hendricks joins the show to discuss the NCAA's historic settlement allowing colleges to pay athletes. Topics include the terms of the settlement, funding sources, impact on Title IX, and the future of collegiate athletics. A must-listen for sports fans and enthusiasts!
32:17
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Quick takeaways
- The NCAA settlement marks a historic shift towards paying athletes, challenging traditional amateurism rules.
- The new payment framework may reshape NCAA dynamics and funding, impacting collectives and fair distribution among athletes.
Deep dives
Significant Settlement Allows Colleges to Directly Pay Athletes
The NCAA and Power Five conferences reaching a settlement pave the way for colleges to pay athletes directly, a groundbreaking move altering the foundation of collegiate athletics. This shift highlights a departure from the longstanding concept of amateurism that the NCAA upheld. The settlement, stemming from a class action suit, includes a $2.7 billion payout over ten years to former NCAA athletes, generating both damages and new paths for athletes to earn from their name, image, and likeness rights.
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