NCAA President Charlie Baker and each of the Power 5 conferences — the Atlantic Coast, Big Ten, Big 12, Pac-12 and Southeastern — jointly announced Thursday that they’ve agreed to settlement terms regarding antitrust and class-action lawsuits. According to Ralph D. Russo of The Associated Press, the NCAA and Power 5 will pay nearly $2.8 billion, expected to be paid over 10 years, to settle several antitrust claims, notably House v. NCAA, Hubbard v. NCAA and Carter v. NCAA, and the joint statement claimed it “is an important step in the continuing reform of college sports that will provide benefits to student-athletes and provide clarity in college athletics across all divisions for years to come.”

Among the longstanding aspects that made up the foundations of the NCAA is set to change: schools can directly pay players.

Here is the full joint statement from Baker, ACC commissioner Jim Phillips, Big Ten commissioner Tony Petititti, Big 12 commissioner Brett Yormark, Pac-12 commissioner Teresa Gould and SEC commissioner Greg Sankey.

“The five autonomy conferences and the NCAA agreeing to settlement terms is an important step in the continuing reform of college sports that will provide benefits to student-athletes and provide clarity in college athletics across all divisions for years to come. This settlement is also a road map for college sports leaders and Congress to ensure this uniquely American institution can continue to provide unmatched opportunity for millions of students. All of Division I made today’s progress possible, and we all have work to do to implement the terms of the agreement as the legal process continues. We look forward to working with our various student-athlete leadership groups to write the next chapter of college sports.”

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Notre Dame President Rev. John I. Jenkins, C.S.C. also reportedly released a statement, calling the settlement “necessary to avoid what would be the bankruptcy of college athletics.” Here is his full statement according to Ross Dellenger of Yahoo! Sports.

“The settlement, though undesirable in many respects and promising only temporary stability, is necessary to avoid what would be the bankruptcy of college athletics. To save the great American institution of college sports, Congress must pass legislation that will preempt the current patchwork of state laws; establish that our athletes are not employees, but students seeking college degrees; and provide protection from further antitrust lawsuits that will allow colleges to make and enforce rules that will protect our student-athletes and help ensure competitive equity among our teams,” Jenkins stated via Yahoo! Sports.

Among the expected outcomes from the settlement include the NCAA and universities sharing revenue directly with student-athletes. There could be “millions of dollars” paid to players as soon as fall 2025, according to the AP.

The model for revenue sharing with student-athletes “will cost major conferences a cumulative $1 billion-plus annually,” according to Yahoo! Sports, and schools can share up to $22 million with student-athletes per year — a figure that “was derived from 22% of an average of power conference revenues” and subject to change and exceptions.

According to Dan Murphy and Pete Thamel of ESPN, any Division I athlete dating back to 2016 is eligible to receive a share as part of the settlement class. These athletes therefore drop their claims in three antitrust lawsuits — House v. NCAA, Hubbard v. NCAA and Carter v. NCAA — and cannot sue the NCAA for other antitrust-related reasons.

Roster size could also be affected as a result of the changes expected after the settlement. According to Yahoo! Sports, scholarship restrictions could be eliminated while roster limits would be implemented.

Bankruptcy was reportedly at risk had the settlement not been reached among the NCAA and Power 5 regarding the lawsuits.

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The ability for student-athletes to profit from their name, image and likeness began when the NCAA implemented policy in July 2021. Since, college athletics has seen a flurry of changes in almost the past three years, including in areas such as the conference realignment and the transfer portal. Texas senator Ted Cruz hosted an NIL roundtable on Capitol Hill in March discussing its impacts and urging Congress to pass college athletics legislation.

According to Yahoo! Sports, there is likely a five-to-eight month time period before finalization of the settlement to account for official filing, judge approval and individual plaintiff objections among other things.

Final details will be submitted to the court and Judge Claudia Wilken in the next 30 days, according to ESPN.

The post NCAA, Power 5 announce settlement agreement, plan to pay student-athletes appeared first on Saturday Glory.

On Monday, Snoop Dogg and the Arizona Bowl announced a multi-year sponsorship which will title the game scheduled for Dec. 28 the “Snoop Dogg Arizona Bowl Presented by Gin & Juice By Dre and Snoop.” It is the first alcohol partner as the presenting sponsor in an NCAA bowl game.

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Snoop Dogg said in a social media video that he’s “ready to bring the juice back to college football.”

“College football fans are exhausted by the constant talk around NIL, conference realignment, coach movement, transfer portal and super conferences, so it’s time that we get back to the roots of college football when it was focused on the colleges, the players, the competition, the community, the fan experience and the pageantry,” Snoop Dogg said.

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Launched in February, Gin & Juice By Dre and Snoop is an all-natural, lightly carbonated cocktail and “the first ready to drink product from Dr. Dre and Snoop Dogg’s new premium spirits company,” according to a release. It’s inspired by Snoop Dogg’s hit “Gin & Juice” from his debut album Doggystyle which released in 1994.

According to a release, charity events and a SNOOPER Bowl will also be held around Tucson.

Snoop Dogg is involved in a wide range of areas, from music to sports to philanthropy and more.

Snoop Dogg leads the Snoop Youth Football League, a 501(c)(3) nonprofit organization providing inner-city children between 5 and 13 opportunities to participate in football and cheerleading while also “teaching them the values of teamwork, good sportsmanship, discipline, and self-respect, while also stressing the importance of academics,” according to the organization’s website.

More than 40 alumni of the SYFL have gone on to the NFL.

“Being a fan, coach, supporter of all levels of the game, I’ve sent many players through my SYFL to colleges and the NFL, so it’s only fitting that I step up and help get this thing right,” Snoop Dogg said.

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The Snoop Dogg Arizona Bowl Presented by Gin & Juice By Dre and Snoop will pit one team from the Mountain West Conference and another from the Mid-American Conference. Last season, Wyoming scored 10 points in the fourth quarter while shutting out Toledo to win the bowl 16-15.

“We’re thrilled about our groundbreaking partnership with Snoop and Gin & Juice By Dre and Snoop,” Executive Director of the Arizona Bowl Kym Adair stated in a release. “This year, the Arizona Bowl is bringing sports, libations, and entertainment into a singular bowl game, and we are changing the definition of what a brand partnership is in the NCAA.”

Playfly Sports, a sports media, marketing and technology business that provides sponsorship sales representation and sponsorship consulting, secured and finalized the agreement between Snoop Dogg and Gin & Juice By Dre and Snoop, according to a release.

“From the outset, we leveraged fan data to understand the valuable intersection between college sports and entertainment, redefining how the two can intersect,” Playfly Founder and CEO Mike Schreiber stated in a release. “This partnership is a testament to our innovation and commitment to providing an unforgettable fan experience.”

The post Snoop Dogg, Arizona Bowl announce collaboration renaming bowl to Snoop Dogg Arizona Bowl Presented by Gin & Juice By Dre and Snoop appeared first on Saturday Glory.

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