2 days ago
Texas A&M AD Trev Alberts confirms scholarship expansion amid NCAA Settlement
Texas A&M AD Trev Alberts confirms scholarship expansion amid NCAA Settlement
The world of college athletics is in a strange place right now, and there are several tough decisions athletics departments are going to have to navigate over the next few years.
College football, the primary revenue driver for many programs, presents differing perspectives on how institutions should navigate financial strategies following the anticipated approval of the House v. NCAA settlement.
According to The National Law Review, the settlement aims to:
Distribute over $2.5 billion to former players who participated in competitive Division I college sports from 2016-2024
Create a revenue-sharing model that will allow schools to compensate their student-athletes directly
Attempt to establish more oversight and control over student-athlete NIL payments
One of the issues that will arise is the ability for teams to pay the student athletes, allowing them to remain competitive without having to eliminate other sports or scholarships. During the annual meetings, both Texas A&M President General Mark A. Welsh and Athletic Director Trev Alberts confirmed that despite this, they plan on funding every roster position while increasing the scholarship allotment.
For an in-depth analysis, check out the National Law Review's coverage on how the settlement will reshape college athletics.
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