Latest news with #HouseSettlement
USA Today
15 hours ago
- Sport
- USA Today
Ohio State basketball head coach Jake Diebler provides summer program update
Ohio State basketball head coach Jake Diebler provides summer program update The Ohio State basketball team has started its offseason workouts as it prepares to put the pieces in place for the 2025-2026 season. It welcomed in some former players the last few days for "Vet Week," has done a lot of five-on-five scrimmaging, gone through conditioning, and worked through many drills and skill development already. The hope is that this year is going to be much, much better than what we've seen over the last three years when the Buckeyes missed the NCAA Tournament. It'll be head coach Jake Diebler's second year, and he sorely needs to build some momentum to turn this program around and get it where everyone believes it should be. Diebler met with the media this week to provide an update on summer workouts, where the team stands, how the House Settlement impacts the program, and much more. We are sharing the entire video of the press conference thanks to the Columbus Dispatch, so you can get Diebler's full comments. Dielber and his staff have a good mix of returning scorers and new blood that will need to mix together and find the chemistry and identity to make a big leap forward. Whether or not that happens remains to be seen, but we're all here putting the optimism out in the universe hoping it all comes to fruition this season. Contact/Follow us @BuckeyesWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Ohio State news, notes and opinion. Follow Phil Harrison on X.
Yahoo
3 days ago
- Business
- Yahoo
HBCUs make huge move on NCAA House settlement
The post HBCUs make huge move on NCAA House settlement appeared first on ClutchPoints. Several HBCUs are opting into the NCAA House settlement that is set to shape the future of college athletics, specifically football. Per HERO Sports Senior Analyst Sam Herder, all 12 SWAC member schools will be opting into the settlement. Advertisement 'FCS News: All 12 SWAC members will opt into the House settlement. The conference will not set scholarship caps, meaning football teams can go above 63 equivalency scholarships if they can afford to do so,' Herder posted on his X account. The Southwestern Athletic Conference held its 2025 Annual Spring Meetings last Friday and Saturday, during which a vote was taken to opt into the settlement. The conference decided not to impose scholarship caps on any of the sports it currently sponsors. Per a statement released by the conference, SWAC Commissioner Dr. Charles McClelland underscored the importance of the decision. 'This is undoubtedly a significant moment for the Southwestern Athletic Conference and our twelve member institutions. As we move forward into a new era of intercollegiate athletics, the Southwestern Athletic Conference remains steadfast in our commitment to provide our membership with the resources needed to positively impact our student-athletes academically and athletically.' Advertisement The settlement, which compensates former and current athletes denied opportunities to benefit from their name, image, and likeness (NIL) prior to NCAA policy changes in 2021, also introduces a revenue-sharing framework. This new model enables institutions to directly allocate resources to student-athletes while maintaining compliance with NCAA guidelines. Norfolk State also opted into the House settlement, correlating the move with the arrival of Michael Vick as the head coach of the institution. Norfolk State joined Morgan State in opting into the settlement. 'Our decision to join the NCAA's revenue-sharing plan emphasizes Norfolk State's unwavering commitment to our student athletes,' Norfolk State Director of Athletics Dr. Melody Webb said in a statement. 'This choice to opt into the principles of the House Settlement underscores our dedication to advancing our athletics department as we prepare for a new era in collegiate athletics. As we join other institutions in adopting this evolving revenue-sharing model, we remain committed to navigating this journey for the benefit of our student-athletes. We are resolute in our goal to not only stay competitive but also achieve championship success.', She added 'NSU is fortunate to have true Spartan fans, and for the first time ever, their purchase of a season ticket will benefit the NSU Athletic Department while providing direct financial support to our student athletes.' Related: Michael Vick hire brings 82% increase to Norfolk State ticket prices Related: Son of Florida Gators legend transfers to Florida AM
Yahoo
3 days ago
- Business
- Yahoo
Michael Vick hire brings 82% increase to Norfolk State ticket prices
The post Michael Vick hire brings 82% increase to Norfolk State ticket prices appeared first on ClutchPoints. With Fall fast approaching and Michael Vick gearing up for his debut season with Norfolk State, ticket prices to watch the Spartans are anticipated to rise significantly. In April, Norfolk State released its full football schedule, including five home games. The announcement revealed that season tickets will cost $200 in 2024, an 82% increase from the previous price of $110. Advertisement The price increase comes as no surprise, with more football fans likely eager to watch Vick take on the role of an HBCU head coach. This aligns with Norfolk State's broader strategy to boost revenue for its athletics program and maintain competitiveness across all sports. Additionally, the House v. NCAA Settlement provides a new opportunity to support these efforts. Norfolk State is one of several HBCUs participating in the House settlement, enabling the Spartans to explore the NCAA's revenue-sharing plan established by the House vs. NCAA agreement. Under this new model, a portion of every ticket sale will directly benefit Spartan student-athletes. 'Our decision to join the NCAA's revenue-sharing plan emphasizes Norfolk State's unwavering commitment to our student athletes,' Norfolk State Director of Athletics Dr. Melody Webb said in a statement. 'This choice to opt into the principles of the House Settlement underscores our dedication to advancing our athletics department as we prepare for a new era in collegiate athletics. As we join other institutions in adopting this evolving revenue-sharing model, we remain committed to navigating this journey for the benefit of our student-athletes. We are resolute in our goal to not only stay competitive but also achieve championship success.', The settlement compensates former and current athletes who were denied the opportunity to benefit from their name, image, and likeness (NIL) before the NCAA policy changes in 2021. Additionally, football teams can now exceed the 63 equivalency scholarships if their budgets allow it. It will be interesting to see how the competitive landscape of HBCU football in Michael Vick's first year with Norfolk State will be in this new era. Related: HBCUs make huge move on NCAA House settlement Related: Son of Florida Gators legend transfers to Florida AM
USA Today
6 days ago
- Business
- USA Today
Ohio State Athletics to revenue share starting with four sports
Ohio State Athletics to revenue share starting with four sports College athletics is again going through some seismic shifts, and the latest came from the approved House Settlement last week. It'll significantly alter Name, Image and Likeness, how kids transfer, and more. If programs haven't gotten out in front of what everyone knew was coming, they are already behind. The Ohio State athletic department seems to be one of the programs that has its ducks in a row as another new era in college athletics begins. With athletic departments now expected to distribute funds directly to players, they need to find a way to pay out approximately $20.5 million and allocate those payments across the athletic universe on their college campuses. There's simply no way to pay every athlete in every athletic program where it's worth much, so Ohio State has a plan to start with four sports. OSU Athletic Director Ross Bjork met with the media on Thursday and went deeper into what this House Settlement with the NCAA means, and he touched on revenue pay. According to Bjork, the Buckeye athletic department will begin making payments to football, as well as men's and women's basketball, and lastly, women's volleyball. All of the $20.5 million will count towards scholarships handed out across all sports, but the remaining $18 million will be doled out to these four sports. That's interesting, and for sure football and men's and women's basketball make a lot of sense. I'm sure there was equity between male and female sports discussed here, but you have to wonder why softball wasn't a part of the initial equation -- especially with the rise in popularity. Regardless, it's a starting point and something that could change in the future, but we all know it starts and pretty much ends with football in Columbus, and that will always be the case as the biggest revenue-generating sport that funds all others. At some point, we'll get a look at what each of the athletic departments in the Big Ten and across the country decide to do, and it's important to note that NIL still plays a part, but not as much as it did before without gaining clearance from the Clearing House. It's just another swift change in college athletics, and you can bet the dust has yet to settle.
Yahoo
13-06-2025
- Business
- Yahoo
Judge approves NCAA House settlement that includes revenue sharing
Times continue to change with what we thought we knew about college football and a big bit of that got cemented this week. After what seems like an eternity with delays and more, Judge Claudia Wilken approved the NCAA's $2.78 billion House Settlement on Friday. If you need a refresher on what that is, it all revolves around schools being able to pay players directly with revenue sharing beginning on July 1. It's not a blank check, though, schools will have the ability to pay up to 22% of the average revenue, though that's a cap and not a mandate. Advertisement Things can get rather complex with this because of Name, Image and Likeness being a part of it as well, but according to On3, in Year One, schools will be operating with an estimated $20.5 million salary cap with the bulk of that ($13 to $16 million) being allocated for football. With NIL, any deal over $600 must be approved by an NIL Clearinghouse run by Deloitte. Got that? Good, because we're still trying to figure it all out too. Come to think of it, we'll probably just focus mainly on what happens on the field. Meanwhile, the $2.78 billion approved will go to former college athletes to settle a myriad of antitrust lawsuits against the NCAA. That money will come from the NCAA's reserves and a holdback of revenue payouts over the next ten years. Details on how to distribute and who the money goes to aren't immediately available. This article originally appeared on Buckeyes Wire: Judge approves NCAA House settlement that paves way to revenue sharing
