NCAA has agreed to allow power 5 schools to share up to around $20 mil in revenue to ALL athletes. One video I heard up to $22 mil. Also the NCAA has to pay $2.7 billion in damages to ALL D1 athletes over a 10 year span going back to 2016.
The $20-22 mil revenue sharing can start as early as fall 2025.
Will this help PSU bridge the gap with NIL? My opinion YES......BUT only to a degree. The revenue sharing gives players a baseline amount.
EX)...We are in a battle for a 5 star D-end. He gets offered a $100k baseline from PSU and Ohio State. PSUs collective offers an extra $75k but OSUs collective offers $300k. Big difference.
The $20-22 mil revenue sharing can start as early as fall 2025.
Will this help PSU bridge the gap with NIL? My opinion YES......BUT only to a degree. The revenue sharing gives players a baseline amount.
EX)...We are in a battle for a 5 star D-end. He gets offered a $100k baseline from PSU and Ohio State. PSUs collective offers an extra $75k but OSUs collective offers $300k. Big difference.