NEWS: Former #Huskers coach and current Youngstown State coach Bo Pelini is expected to replace Dave Aranda as #LSU's next defensive coordinator, sources tell @SInow.
Pelini's multi-year deal will pay him around $2M a year. He served as DC under Les Miles from 2005-07.
Significant news out today from the US Dept. of Ed, which classifies future revenue distributions from a school to an athlete for his/her NIL rights as “financial assistance,” which “must be made proportionately available to male and female athletes” or risk violating Title IX.
Here is the full document, chock full of notable lines that may alter how many schools plan to distribute their revenue to athletes, with most of them gearing up to distribute at least 80% to football and men's basketball.
Key lines from the Department of Education document that could significantly impact how most schools plan to distribute their revenue (80%+ to football/men's basketball) *if* the new presidential administration chooses not to change or rescind it.
The power conferences this week sent to their members the initial cap number for Year 1 of athlete revenue sharing, per a memo obtained by @YahooSports.
For the 2025-26 sports year (starting July 1), schools are to operate under a *projected* cap of $20.5 million, the memo says
The $20.5 million - lower than what some expected - could increase when final 2024-25 reporting figures are released in the spring. The cap is 22% of P4 revenues in the previous year.
The cap has built-in escalators (4% in Year 2 and Year 3 + a re-calculation in Year 4).
Schools are permitted to distribute the $20.5 million to their athletes however they see fit, but many plan to use the House settlement back-damage formula for the distribution: 90%+ to football & men’s basketball.
A thread on the NCAA’s settlement in the House case.
The settlement - negotiated by plaintiffs seeking back-NIL pay and NCAA/power leagues - has 3 main parts: 1) $2.8B in back-pay to former athletes 2) $20B+ in rev-share to future athletes 3) New roster rules & enforcement arm
$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
Rob Sine, CEO of Blueprint Sports, which operates UNLV's collective, tells @YahooSports that the collective never agreed to a $100,000 deal with QB Matthew Sluka.
It made a payment of $3,000 to Sluka & were discussing a monthly payment of $3,000 before QB’s decision this week.
Matthew Sluka’s agent, Marcus Cromartie of Equity Sports, first introduced himself via email to UNLV collective officials in late August, Sine says.
Cromartie wrote to officials that he was seeking more NIL opportunities thru the collective for his client.
However, Sine said Cromartie is not a registered agent in the state of Nevada. Because of this, he advised Cromartie/Sluka to discuss the situation directly with the coaching staff until Cromartie registers in the state.
A thread on the NCAA’s historic 10-year settlement agreement that will pay back-damages of $2.8 billion, at least $15 billion in rev-share & reshape the governance, enforcement & scholarship structure of major college athletics.
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Back Damages
- How much: $2.776 billion over 10 years
- From: NCAA national office (40%) & schools (60%)
- To: 15-25,000 DI athletes who played from 2016-2020ish
- Distribution: “Allocation formula” used, with estimated 90% to P5 FB/MBB players (~6K athletes)
Rev Share
- How much: ~$20-22M annually (fluid; will escalate based on school rev figures)
- From: Schools
- To: Athletes
- Distribution: School discretion (Title IX applies)
- Implementation: Summer/Fall 2025
- Exceptions: $5M of Alston/new scholarships can count toward cap
Five Michigan football coaches at the center of the recruiting violations during the COVID dead period have reached an agreement on penalties with the NCAA.
"The negotiated resolution also involved the school's agreement that the underlying violations demonstrated a head coach responsibility violation and the former football head coach failed to meet his responsibility to cooperate with the investigation."
Penalties:
- three years of probation for Michigan
- a fine & recruiting restrictions
- one-year show-cause orders for the coaches