RedlessWardrobe said:
Please excuse me for being so ignorant on this issue, but let me ask a simple question. Does this ruling mean that there is a universal cap for all universities of $20.5 million to pay players. And is there an "over and above NIL" amount exceeding the $20.5 cap that can still be funnelled to players as well? Simple mind here would be appreciate a response from anyone.
The $20,5 million cap will apply to all schools on payments to athletes by the schools themselves. As I understand it, there will also be an NCAA clearing house to review any other outside NIL deals over $600 to see if they are for "valid business purposes" and are not related to "recruiting". But recruits will already know where the money is going to be, and how will it be proven that athletes who endorse a business and do commercials for it are not doing so for "valid business reasons".
Lyons has also said that women's basketball donors will now have to come up with $500,000 per year in matching donations. We have only met that level once in the past five years when the Rivera family made a large one-time contribution.
2024 $613,000
2023 $163,000
2022 $176,000
2021 $198,000
2020 $183,000
If we climb on this ferris wheel now, we are going to exhaust a lot more spending before eventually being forced to form a West Coast Ivy League, at least for sports other than football.