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Union leader: Multibillion

TIME:2024-05-29 11:03:09 Source: Internet compilationEdit:sport

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BOSTON (AP) — Efforts to unionize college athletes will continue, advocates said Friday, even with t

BOSTON (AP) — Efforts to unionize college athletes will continue, advocates said Friday, even with the NCAA’s landmark agreement to allow players to be paid from a limited revenue-sharing pool.

“With this settlement, the NCAA continues to do everything it can to avoid free market competition, which is most appropriate in this case,” said Chris Peck, the president of the local that won the right to represent Dartmouth men’s basketball players – a first for a college sports team. “The attempt at a revenue sharing workaround only supports our case that the NCAA and Dartmouth continue to perpetrate a form of disguised employment.”

The NCAA and the Power Five conferences agreed this week to an antitrust settlement that will pay $2.77 billion to a class of current and former players who were unable to profit from their skills because of longstanding amateurism rules in college sports. The settlement also permits – but does not require – schools to set aside about $21 million per year to share with players.