News Flash: Parents of Aspiring College Athletes 🏆 Student athletes can now get paid. A recent groundbreaking NCAA ruling has changed the game for student athletes. Check out the details to learn more about how this could impact your child's future: https://lnkd.in/emyUrZff #collegebound #parentsofathletes #collegeboundathletes #momsofathletes
Jennifer Daniels-Flannigan’s Post
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Senior Marketing Major at UNCo🐻|| Pursuing || Marketing || Digital Marketing || Social Media || Marketing Analytics
Athletic compensation in college, is it an issue?🤔🏈🏀 . . . Division I Athletics generated a whopping $15.8 BILLION in 2019. Despite this, the athletes that everyone pays to see receive only a fraction of the profits.📉 Key Points in the article from PBS: 📌 Financial Disparities 📌 Commercialization Factors 📌 Athletic Compensation 📌 Recent Legal Changes 📌 Paths For Change Reading this post, it's clear that there are many factors to consider when divvying up over $15 Billion, especially considering these people are still in College. Where do you stand on this issue? #sports #sportsadvertising #digitalmedia #sportsanalytics #digitalmarketing
Analysis: Who is winning in the high-revenue world of college sports?
pbs.org
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NCAA President Charlie Baker sent a letter today to the NCAA's Division I members proposing several fundamental changes to the current college athletics model: 1. All Division I schools would be able to offer unlimited educational benefits to their student-athletes. The Alston case already permitted schools to offer unlimited education-related benefits and up to $5,980 per student-athlete per year as academic achievement awards. This proposal to remove the cap on education-related benefits presumably means that schools would then be allowed to offer unlimited cash payments for education-related benefits. 2. If Division I schools choose to adopt the rules, they would be allowed to enter into NIL deals directly with student-athletes, which is currently not permitted. Any NIL payments made from schools to their athletes would be subject to Title IX . 3. The creation of a new subdivision of Division I schools where participating schools - a school can opt in or out - would be required to: (a) invest, at minimum, $30,000 per year per athlete into an “enhanced educational trust fund” for at least half of the school’s eligible athletes; and (b) creation of its own set of rules for roster size, recruiting, transfers, NIL, and a wide range of other policies. There would be no cap on the amount of funds a school could contribute to the trust fund and there would be no strings attached to how the athlete spends the trust fund payments. Subdivision members, however, would also need to remain compliant with Title IX by equally distributing money to men and women athletes. This new subdivision would continue to be part of the NCAA, and its members would continue to compete for NCAA championships against one another. The NCAA's Division I members will need to weigh in on the proposals and there are still several important legal questions that need to be answered (e.g., employment, antirust), but Baker's proposals mark a significant step forward for the NCAA. #NIL #collegesports #sportslaw
NCAA pitch: Let D-I schools pay athletes via NIL
espn.com
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Wow, NCAA Power 5 Schools Paying Players?! 🏈🏀 This is a game-changer for college sports! The NCAA's new decision could drastically reshape the landscape. I'm excited to explore how the $20M cap on athlete compensation and other details will play out. Check out the article and share your thoughts in the comments! I'll dive deeper into this in our upcoming newsletter—stay tuned! #NCAA #StudentAthletes #SportsReform #AthleteCompensation #CollegiateAthletics https://bit.ly/3KhpntE
NCAA, leagues back $2.8 billion settlement, setting stage for current, former athletes to be paid
msn.com
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Great news for high school athletes in the State of Florida! The FHSAA has finally approved high school athletes to earn compensation for their Name, Image, and Likeness (NIL). Although this is great news, I want to discuss the potential caveats that come with this new opportunity. First, and I cannot stress this enough, there is no rush for these athletes to enter into a deal - just because you can does not mean you should. A deal that might look good today may not look so good in 2-3 years, so it's important to take your time and carefully consider your options. Second, be careful who you select as a representative - there are a lot of "predatory" agents who are and will take advantage of these kids. Find a representative who will work in the athlete's best interest, not the agent's best interest. Third, review every agreement that you sign with an experienced agent or lawyer - a lot of brands/collectives may have some unfavorable contractual language in these agreements. Hope for the best, and plan for the worst - think about what happens if one of the parties breaches the agreement. Do you have to repay back any money that you have earned? Let the Florida High School NIL games begin!
FHSAA votes to allow Name, Image, and Likeness deals for high school athletes
fox13news.com
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Lucy Valeski from The States Newsroom says that “NIL will probably be on many athletes’ minds when looking at schools. When athletes visit programs, they may weigh how much money a program could offer them, from outside sponsorships to potentially a direct check. Some have speculated that athletic programs will have to spend more money to get and keep the best players.” My 2 big question are how will families navigate this sort of thing and what will actually stand from this ruling? With tons of info out right now from different ADs on how this will impact title IX as well is there going to be an easy solution? The answer is no. There is a lot of work to be done to sort all this out. There is no going back now. It’s certainly a new horizon for collegiate athletics and the college athlete. https://lnkd.in/gWUNqu5N
‘A new era of college athletics’: Speaker Tate and MSU coaches talk changes in NCAA
newsfromthestates.com
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🔥 College athletes are seizing the moment! 🏀🏈⚽️ Gone are the days of restrictive rules holding them back. Now, they can profit from their name and likeness, turning their passion into profit 💰 Check out this blog to learn how these talented individuals are changing the game and securing their financial futures! 💪🎉 #CollegeSports #AthleteEmpowerment #NameAndLikenessRevolutionCollege https://lnkd.in/gRfCMVur
College Athletes Are Winning with Name and Likeness
blog.hollywoodbranded.com
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HUGE changes for #CollegeSoccer ahead. This is my ‘take’ but I may be wrong. - Lots of NCAA ‘lesser’ schools will drop Men’s Soccer (over the next few years - not immediate) - Which means the top end ones will get stronger talent pools - Other divisions (NAIA, NJCAA etc) will become stronger because of better talent available to them - But because of less teams it’ll be tougher to get onto a roster as a whole - Which will increase the overall levels in College Soccer - This above will create a rise in non traditional set ups, where the NPSL and UPSL may get involved and tie in with education institutes. Which they are starting to already but a more formal setup. - Club soccer in College should also start to get a better standard. I’m split whether to think it’s a good thing or bad thing for the industry and/or 🇺🇸 soccer development as a whole. See the full article about the news here https://lnkd.in/e7kSYx8x
NCAA, Power 5 agree to let schools pay players
espn.com
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Last week, Jim Cavale, the former CEO of INFLCR, and former NFL player Brandon Copeland announced the launch of their venture Athletes.org, a members only app for collegiate athletes. Athletes.org’s mission is to enable collegiate athletes to effectively form players associations within their conference and sport, similar in model and function to the players associations that exist across pro sports. The app plans to offer athletes the ability to connect with peers in their sports at other schools and identify shared concerns, so that they can try to advocate for substantive changes in an organized way. “There are a lot of things happening in college sports. NIL and the transfer portal are only the beginning of where we are headed,” said Cavale. “There have been associations for the colleges, coaches and even the athletic directors for a long time. It’s a time where [college] athletes need to finally have their own association.” Is this good or bad for college sports? Should college athletes have the ability to collectively bargain as one entity? Let us know your thoughts in the comments below! https://lnkd.in/e3Pk5BA5 #collegeathletes #NCAA #NIL #sportsmarketing #sportsbusiness #sportsbiz
With college sports more in flux than ever before, new players association group emerges
sports.yahoo.com
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With the future of college sports uncertain, one thing is clear: An official and permanent split of NCAA Division I is here LINK:https://lnkd.in/epexsQ37 #Education #Policy #Legislation #HigherLearning #Schools #Students #Teachers
With the future of college sports uncertain, one thing is clear: An official and permanent split of NCAA Division I is here
sports.yahoo.com
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Former NCAA college athletes will now receive pay once finalized! This is a huge step forward for sports equity. As a fan of college sports, I'm thrilled to see the playing field becoming more equitable with athletes being able to participate in the revenue sharing pool directly from the school. Many of these athletes won't make it to the pro level, so this is a great way for them to start building wealth at a young age. This ruling will have a trickle-down impact on high school elite athletics with investments made in facilities and training staff. Full-time strength and conditioning coaches, trainers, and more will help athletes reach their full potential. The full scholarship model has been outdated for decades. NIL was a step in the right direction, but this is a game-changer. Families of student-athletes need to start investing in a team for their athletes in high school: legal, NIL, sports agent, financial advisor, brand management, and more. High school athletes (and all students) should be taught financial literacy as a prerequisite for graduation and watch the documentary 'BROKE.' It shows how most professional athletes file for bankruptcy shortly after their career is over. Overall, this is a good day for making the college sports playing field more equitable. Let's continue to support student-athletes and the pursuit of sports equity. #NCAA #studentathletes #payment #sportsequity
NCAA and power conferences agree to settlement paving the way for schools to pay student-athletes | CNN
amp.cnn.com
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