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Lifelong Frog
TCU’s athletic director opens up on NIL and a new era for college football
Steven JohnsonAfter countless delays and a lengthy legal battle, the House v. NCAA Settlementwas finally approved June 6, marking a shift to a new era of college athletics.
The $2.8 billion, 10-year settlement will pay past players for missed name, image and likeness opportunities and allow colleges to pay players directly starting July 1.
The initial ‘salary cap’ will be around around $20.5 million. That number is expected to rise in the next few years.
In theory, all of the schools in the Power Four conferences will be working with the same cash pot, which hasn’t been the case during the NIL era.
Read the rest at https://www.star-telegram.com/sports/college/big-12/texas-christian-university/article307994270.html
Alternative link: https://sports.yahoo.com/article/tcu-athletic-director-opens-nil-110000691.html
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