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The name, image and similarities continue in the overall sports cavity, and Power Four Conference Commissioners in NCAA.
Greg Sanki, Jim Philips, Tony Betty, Brett Yormark in Capitol Hill to discuss Congress how it could help organize NIL and the transmission gate, which is still successful among university athletes looking to register more money.
More than 1,000 basketball players in the first section entered the gate since its opening on March 24.
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The NCAA logo on the field before a match between South Dakota State Jacquerbits and Buson, Northern Dakota, in the first -class football league championship at Toyota Stadium on January 8, 2023, in Fresco, Texas. (C. MORGAN Engil/NCAA photos via Getty Images)
One of the players even said that he was entering the gate only 13 minutes after his team lost madness.
It has become clear that the situation is to get out of control, and Yormark, Grand Commissioner 12, has been frankly admitted to Bayr Bayer in the “Special Report” on Thursday, “We need help from Congress.”
“In terms of sitting today, the federal anticipation, as the presence of a unified platform oversees the birth that is not very important.” “Today, you see 34 states completely differently, and it is relatively unbridled.”
“The size of the laws that are passed through the state level makes it difficult for us to regulate and compete at the national level,” added Tony Betty, the top ten commissioner. Every time someone does not like judgment, or something comes from NCAA, we end up litigation. These rules are then assembled, and we return to the beginning.
“We hope that we will bring us together what we have in the settlement is an opportunity, with some help from Congress, to place a system in a place with some stability.
“We have crossed a bridge to provide revenue … but we need to get some structure. We cannot have a system with an unorganized movement.”
NCAA logo at NCAA headquarters February 28, 2023, in Indianapolis. (Mitchell Lighton/Getty Emiez)
The aforementioned Petitti settlement is the $ 2.8 billion deal that allowed schools to pay 22 % of its revenue from the rights of the media, ticket sales and care directly to university athletes. Payments are still permitted.
Nola.com indicated that the settlement will save more than $ 2.5 billion for athletes who were unable to earn money before NCAA changed its rules in 2021. The report also indicated that most of the damage will be paid to previous football and men’s basketball players in the energy conference schools because their sport brings the largest number of revenues.
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The settlement also called for the clearing house to ensure that any deal is worth more than $ 600 to the fair market value in an attempt to thwart paid payments.
“We fully understand the responsibility that we bear.” Five hundred thousand students from athletes have benefited 4 billion dollars annually for scholarships, “said Philips, Commissioner of the Administrative Coordination Committee. “This is the American pulses, the Olympic movement and the Olympic team. We feel that there is a better destination and stability, but we need help in Congress and national legislation.”
“For a global university series, to get a soccer match, to get national tournaments, you must have national standards,” said Sankey, who runs SEC.
NCAA logo on a basket plate before the NCAA men’s match for the second round between the Encore Golden Eagles and Colorado Buffaloes in Ginbridge FieldHouse 24 March 2024, in Indianapolis. (Mitchell Lighton/Getty Emiez)
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Sankey and Phillips also cited the average points of low -degree degree by those who are transporting, and Philips said it would be “realistic” when they get enough data to show this.
“When you look at the transfer of cumulative equipment before transportation against post -post -historical, there was a shrinkage. The quality of this education can suffer, as the credits are lost, because the transfer several times begins to prevent the ability to choose the academic program that may have the maximum value and meaning of a person.”
Ryan Jaydos in Fox News contributed to this report.
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