Dept of Education delivers major setback to schools' revenue-sharing plans

[Ryan Young]

In short, when revenue sharing starts this year ($20.5 million a year and escalating per athletic dept to give to student-athletes directly), the plan for most all schools was to put most of that into football and men's basketball (and women's basketball at schools where relevant). The Dept. of Education just declared that revenue sharing still falls under Title IX guidelines of parity for men's and women's sports.

Yahoo's Ross Dellenger breaks it down here:

New Title IX guidance from President Biden's administration threatens to upend school rev-share plans in college sports

The outgoing administration's Department of Education dropped an 11th-hour salvo saying any payments must be “proportionately” distributed to men and women athletes to satisfy Title IX.

www.yahoo.com

 

[rhinsd]

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[consciousBE]

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