4.2 • 5.3K Ratings
🗓️ 28 May 2024
⏱️ 17 minutes
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0:00.0 | College sports, from football to lacrosse to field hockey, have been based on the idea |
0:11.0 | that the athletes who play are students first and amateurs on the field, |
0:16.4 | meaning they don't get paid for playing. |
0:21.0 | For a century plus, the NCAA has treated the idea of athlete compensation as this |
0:28.1 | existential threat that would destroy college sports. That's our colleague Jared Diamond. For years the |
0:36.2 | N. C. Double A, the organization that regulates student athletics and the major |
0:40.4 | athletic conferences have said that paying student athletes was impossible. |
0:46.4 | But last week, those organizations were forced to reconsider. |
0:50.7 | It's a new era in college sports after a landmark agreement last night between the NCAA and the most powerful conferences. |
0:58.0 | Yeah, the deal caused for college athletes to be paid directly by their schools. |
1:02.0 | In a monumental move, the NCAA board... to be paid directly by their schools. |
1:02.5 | In a monumental move, the NCAA board approved a settlement in its antitrust lawsuit. |
1:07.6 | It would officially end amateurism in college sports. |
1:11.7 | In order to settle a lawsuit, the NCAA agreed to set aside 2.8 billion dollars in |
1:17.2 | back payments for some student athletes and moving forward allow players to get a |
1:22.1 | cut of television revenue. |
1:24.0 | And the settlement is bringing up all kinds of questions. |
1:28.0 | This is one of the biggest most seismic moments in the history of college sports. |
1:35.1 | The bedrock of college sports forever without athletes or amateurs, they can't be paid. |
1:41.5 | The idea now that the NCAA is agreeing to allow schools to |
1:46.9 | pay athletes directly is absolutely seismic. It completely upends the entire paradigm of college sports |
1:56.3 | that's existed for a hundred plus years and now it feels like anything is truly possible. |
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