The name, image and likeness continue to devastate university sports, and the commissioners of the power of the NCAA four conferences are desperate.
Greg Sankey, Jim Phillips, Tony Petitti and Brett Yormark have been in Capitol Hill to discuss with Congress how he can help regulate null and the transfer portal, the latter of which remains a success among university athletes who seek to obtain more money.
More than 1,000 university basketball players of Division I have entered the portal since it opened on March 24.
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A NCAA logo in the field before a game between the Jackrabbits of the Southern Dakota state and the North Dakota state bison in the FCS Futs Championship of Division I in the Toyota Stadium on January 8, 2023, in Frisco, Texas. (Photos of C. Morgan Engel/NCAA through Getty Images)
A player even said he was entering the portal only 13 minutes after his team lost in March Madness.
It is clear that the situation is getting out of control, and Yormark, Commissioner Big 12, admitted Bret Baier on a “special report” on Thursday, “we need help from Congress.”
“From where I feel today, the federal preference, which has a standardized platform that supervises and governs Nil is of vital importance,” said Yormark. “Today, 34 states see it very differently, and it is relatively rebellious.”
“The volume of laws that are being approved at the state level really makes us really regulate and compete at the national level,” added Commissioner Big Tony Petitti. Every time someone does not like a decision, or something comes from the NCAA, we end up in litigation. Those rules are added and return to the beginning.
“We hope that the combination of what we have done in the agreement gives us an opportunity, with the help of Congress, to really put a system in a place that has some stability.
“We have crossed the bridge of being willing to provide income … but we need to have some structure. We cannot have a system that has a complete unregulated movement.”
The NCAA logo at the NCAA headquarters on February 28, 2023 in Indianapolis. (Mitchell Layton/Getty images)
The agreement to which Petitti referred to is the $ 2.8 billion agreement that allowed schools to pay 22% of their income from the rights of the media, the sale of tickets and sponsors directly to university athletes. Payments from external sources would still be allowed.
Nola.com said the agreement would offer more than $ 2.5 billion to athletes who could not earn null money before the NCAA changed its rules in 2021. The report also indicated that most of the damage would be paid to former soccer and male soccer players of the Power Conference schools because their sports generate more income.
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The agreement also requested a compensation house to ensure that any null agreement worth more than $ 600 is linked to the fair market value in an attempt to frustrate alleged payment agreements per game.
“We absolutely understand the responsibility we have. Five hundred thousand student athletes have benefited $ 4 billion annually for scholarships,” said Philips, the Commissioner of ACC. “This is the American beat, the Olympic movement and the Olympic team. We feel that there is a better destination and a stabilization that is coming, but we need help with Congress and national legislation.”
Sankey added, who runs the SEC, “to have a College World Series, to have a university soccer playoff, to have national championships, you must have national standards.”
The NCAA logo on a basket pad before a second round NCAA tournament between the Golden Eagles Marquette Eagles and the Colorado buffalos in Gainbridge Fieldhouse on March 24, 2024, in Indianapolis. (Mitchell Layton/Getty images)
Sankey and Phillips also cited averages of lower grades by those who transfer, and Phillips said it will be “Aleccuador” when they acquire enough data to show that this is the case.
“When the transfer of GPA is observed before the transfer versus later, historically, there has been a decrease. The quality of that education can suffer, since credits are lost, because the transfer several times begins to inhibit the ability to select the academic program that can have the greatest value and meaning for someone.”
