The framework for the proposal would give schools the ability to pay their athletes approximately $20 million a year, collectively.
In a landmark move that will undoubtedly change the landscape of collegiate athletics, the Atlantic Coast Conference has become the second Power Five institution to settle in the House v NCAA case. This means a framework will be instituted for universities to pay current college athletes millions of dollars. This will also include a framework for the NCAA to back-pay former athletes through a fund of more than $2.7 billion over the next decade.
“The most important part about the settlement — and let’s face it, there’s still a lot of work to be done there — is it creates some clarity and some visibility on a whole bunch of issues that have sort of been roiling everybody for a while,” said NCAA President Baker. “The other thing it does is create predictability and stability for schools. It creates a tremendous opportunity for student-athletes.
The framework is expected to allow schools to pay their athletes around $20 million a year collectively, but could grow larger if school revenue grows, according toDespite conference realignment dominating the headlines, this moment in collegiate sports could be as influential as the establishment of the NCAA itself.Born in Orlando but raised in Lake County, Florida, Jackson Bakich is currently a senior at Florida State University.
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