College athletics looks far different than it did even a few years ago. And starting this summer, some student-athletes will begin to profit even more than they already do.
Starting Tuesday, Division I schools will be allowed to pay athletes directly as a result of a settlement ending three antitrust lawsuits against the NCAA. It paves the way for revenue sharing, which will give athletes a portion of the resources they help generate for the first time in the history of college sports.
The University of Maryland announced it plans to spend the maximum allowed amount on its players. Some nonpower conference local schools will also participate, while others are opting out. Here’s everything you need to know before July 1.
What’s going on?
NCAA Division I schools can pay student athletes directly through what will be known as revenue sharing starting Tuesday. Schools can pay their athletes up to $20.5 million of the revenue their athletic departments generate. It will be up to schools individually to decide how to allocate that across sports. Most expect football and men’s basketball to lead the way.
Click here to read the rest of the article written by Taylor Lyons over at The Baltimore Sun
