NCAA's $2.8 Billion Settlement Reshapes College Sports
Historic agreement introduces revenue sharing and ends amateurism, creating financial challenges and opportunities for schools.
- Settlement mandates $2.8 billion in backpay for former athletes and annual revenue sharing for current athletes.
- Schools will need to navigate financial pressures, including increased costs and potential Title IX implications.
- Pac-12 faces reduced distributions, contrasting with other conferences' financial gains.
- TNT joins ESPN in broadcasting College Football Playoff games, expanding media partnerships.
- Private equity firms offer new financial solutions to struggling athletic departments.
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