From the LA Times: Like a quarterback who completed offseason workouts, spring practices and fall training camp, Martin Jarmond had been preparing for this moment for nearly a year. [Last] Saturday came the big unveiling. The UCLA athletic director discussed with The Times the plans for his department’s operations in the new college sports world created by the House settlement agreement with the NCAA that will allow schools to pay athletes directly for the first time starting July 1.
The big takeaways: UCLA will distribute $20.5 million in revenue sharing — the maximum allowed under the settlement — while keeping its Olympic sports programs and athletic department staff intact. The school will also preserve scholarship limits at their current levels for at least one year in order to distribute more revenue sharing money to each player...
While Jarmond would not divulge the specifics of his revenue-sharing arrangement, it’s expected that UCLA will follow other Power Four conference schools in using U.S. District Judge Claudia Wilken’s back-payment formula as a model for current athletes. Under this formula, which will distribute $2.8 billion to athletes who competed from 2016 to 2024 to compensate them for lost name, image and likeness opportunities, roughly 75% of the money will be shared with football players, 15% with men’s basketball players, 5% with women’s basketball players and 5% with all remaining athletes...
Full story at https://www.latimes.com/sports/ucla/story/2025-06-07/how-will-ucla-use-funds-scholarships-under-house-settlement-rules.
No comments:
Post a Comment