NCAA Settlement Allows Schools To Pay Athletes | '5 Star Zone with Rico Beard'
The Valenti Show
Audacy
4.3 • 1.2K Ratings
🗓️ 31 May 2024
⏱️ 18 minutes
🧾️ Download transcript
Summary
From '5 Star Zone with Rico Beard and Howard Griffith' (subscribe here): The NCAA had a settlement that will now allow schools to pay their athletes. Rico Beard lets you know what this means for the schools, athletes and fans. The biggest winners and losers, how the portal plays in and is this end of the NCAA? Download the latest episode of the 5 Star Zone today.
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Transcript
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| 0:00.0 | The Five Star Zone with Rico Beard. |
| 0:03.0 | Welcome to another edition of the Five Star Zone. |
| 0:06.0 | I'm Rico Beard, your host, and today, |
| 0:09.0 | I'm going to try to tackle the house versus the NCA settlement and this was a very very very large |
| 0:17.2 | settlement why because the NCA knew that if it went to court this if this case |
| 0:21.3 | went to court they had no shot. Think about it, how badly the NCA |
| 0:26.2 | needed to settle this. They settled this for a little under $3 billion. That's how much they knew. This wasn't going to work out in their favor. So what does this mean? What does this mean for sports? What does this mean for the competitive edge in college football. |
| 0:43.5 | Still trying to sift through all of this. |
| 0:45.6 | A lot of this happened when I was on vacation, |
| 0:47.6 | so it gave me some light reading to do on the airplane. |
| 0:50.8 | But here's what I got. Some of the biggest winners are going to be |
| 0:55.9 | you the fans and the boosters. Why? Because those NIO packages and collectives and everything that you had to do to try to keep your favorite player on board with your team, they'll still be there. But now you won't be the breadwinner now your school |
| 1:16.5 | won't be passing around a hat or a collection plate at church acting as if they're poor. |
| 1:22.3 | They have money. |
| 1:23.3 | Money's gonna come as part of this settlement. |
| 1:25.7 | I'll get to that a little bit later, |
| 1:26.8 | but this means that now the fan, |
| 1:29.8 | it's not up to the fans to keep the star quarterback, |
| 1:32.1 | star point guard, the Star Center. |
| 1:34.0 | It's not your responsibility anymore because if you don't pony up he's going to hit the portal |
| 1:38.7 | or she's going to go someplace else. This is now the schools. Now here here's what happens. Think of it as this, the NIL and the collective |
| 1:47.1 | packages are now icing on the cake. They're what you could also do to entice the student to come to your school. |
... |
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