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The End of Amateurism is on the Way in College Football

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College football, ACC.

The most significant change in college football history is officially on the horizon.

With the Pac-12 approving the settlement of House v. NCAA and anti-trust-related cases Thursday, it paved the way for further revenue sharing and, most importantly, the direct payment of student-athletes for the first time in NCAA history.

The multi-billion dollar agreement would settle three federal anti-trust cases, Pete Thamel of ESPN reported. The NCAA will pay $2.7 billion in damages to past and present student-athletes over the last 10 years and the new revenue-sharing plan would enable schools to share up to $20 million with its student-athletes.

It’s basically the end of the NCAA’s amateurism model, as student-athletes will now be directly compensated by their respective schools, but it won’t stop there. The long-term impact will include scholarship and roster changes and a new way NIL will be implemented.

The NCAA, in conjunction with the four Power commissioners (plus the Pac-12), released a statement Thursday night.

“The five autonomy conferences and the NCAA agreeing to settlement terms is an important step in the continuing reform of college sports that will provide benefits to student-athletes and provide clarity in college athletics across all divisions for years to come. This settlement is also a road map for college sports leaders and Congress to ensure this uniquely American institution can continue to provide unmatched opportunity for millions of students. All of Division I made today’s progress possible, and we all have work to do to implement the terms of the agreement as the legal process continues. We look forward to working with our various student-athlete leadership groups to write the next chapter of college sports.”

Thamel further reported that the settlement terms must be approved by Judge Claudia Wilken, who presides over all three cases. It’s expected that the process will take a few months and revenue sharing will begin in the 2025 season.

“By the end of this week, the parties plan to alert Wilken — who has presided over the most impactful antitrust cases of the past decade — that they will submit final details to the court in the next 30 days,” Thamel wrote.

“If Wilken approves those details in a preliminary hearing, which is likely to occur in July, (co-lead counsel for the athletes alongside veteran antitrust attorney Jeffrey Kessler, Steve) Berman said the plaintiffs’ lawyers will publish a website and distribute a notice to all players explaining the potential benefits of remaining in the class and options for objecting or opting out of the class.”

It’s an unprecedented time in college athletics, but that’s been the case for quite some time now. There are still hurdles to clear to actually usher in the new era of college football, but it appears it’s only a matter of time now.

Sandy Schall, Coldwell Banker
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Rooster
Rooster
25 days ago

Anything to bring the NIL and free agency under control. It’s ruining college sports

Kelvin Byrd
Kelvin Byrd
25 days ago

Greed. Plain and simple.

Adam
Adam
25 days ago

High school sports are next.

Giovanni
Giovanni
24 days ago

A classic case of widening the chasm between the ‘Haves’ and the ‘Have Nots’. Unintended consequences are never considered while immense greed blinds such big-picture thinking. This is going to be very bad for college sports in the long-run.

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