How Schools Are Raising Money to Prep for House v. NCAA Settlement
What is House v. NCAA?
House v. NCAA is a class-action lawsuit filed in 2014 by former college athletes against the NCAA. The lawsuit alleges that the NCAA's rules on amateurism and compensation violate antitrust laws. If the plaintiffs are successful, the NCAA could be forced to pay damages and change its rules.
Why are schools raising money?
Schools are raising money to prepare for the potential financial impact of the House v. NCAA settlement. If the NCAA is forced to pay damages, the schools could be responsible for a portion of the settlement. In addition, if the NCAA changes its rules on amateurism and compensation, the schools could lose revenue from ticket sales, television contracts, and other sources.
How are schools raising money?
Schools are raising money through a variety of methods, including:
- Increasing tuition and fees
- Cutting expenses
- Selling bonds
- Soliciting donations from alumni and other supporters
What is the impact of the House v. NCAA settlement on schools?
The impact of the House v. NCAA settlement on schools is still uncertain. However, it is possible that the settlement could have a significant financial impact on schools. If the NCAA is forced to pay damages, the schools could be responsible for a portion of the settlement. In addition, if the NCAA changes its rules on amateurism and compensation, the schools could lose revenue from ticket sales, television contracts, and other sources.
What is the future of college athletics?
The future of college athletics is uncertain. However, it is possible that the House v. NCAA settlement could lead to significant changes in the way that college athletics is governed. If the NCAA is forced to change its rules on amateurism and compensation, it could open the door to more professionalized college athletics.
