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According to the Athletic Department Mike Herrity, Dartmouth Directs Athletics and Entertainment and describe the process for eight schools, which are signing freedom about any name, image and equality for any name, image and equality, earning $ 2,000 or more.
At the beginning of the year, eight Ives, who included Harvard and Yale, opted for a recent federal disposal between the college athletes and the National Collegiate Athletic Association, and said they would not pay the athletes directly.
While the Ivian League colleges have excluded the disposal, they are still bound by the new rules, meaning that indigo agreements are being used as payment to play. All divisions I athletes should report $ 600 deals to the new clearinghouse operated by Deloite. The presidents of the Ivy League decided to take an additional step to show that they were not included in any external deals with the players.
“We note as athletic directors that we are not in any way, direct or indirectly, asking someone to give money to someone as recruitment from a donor or alum, or if they want to go to the transfer portal as a retention,” Bloomberg Power Players said the Harrity on Bloomberg Radio in New York.
The new college sports commission, which monitors athletes and schools and oversees Nil Clearinghouse in early September, released its first Nil Deal Flow Report. The CSC stated that it had cleaned around 6,000 deals since the opening of the clearinghouse in June, for a total of $ 35.4 million. It does not include up to $ 20.5 million that each school can pay its athletes under the rules of direct settlement in the current academic year.
The University of California, Los Angeles, has already paid $ 4.8 million to the players, its athletic director told Bloomberg first.
The Ivy League, whose members include America’s richest private universities, have a separate financial model from their divisions. Schools do not provide athletic scholarship and distribute financial assistance only on the basis of a family requirement and income.
Herrity said that Dartmouth sees athletes as first students. The school organized the line last year at Hanover, New Hampshire when the men’s basketball team voted 13–2 to condensate. The team later returned the effort. But the school said that it would go to the Supreme Court that students are not employees.
“Dartmouth has a long history of assistant unions, including student workers,” said Herrity. “We look at the effort of athletics are educational in the first and the most important nature at its core.”
From the latest deals to the latest stakeholders, the context of power, money and sports signs up for the Bloomberg’s business for which the sports newslator.
-With help from Ira boundway.
Such more stories are available Bloomberg.com
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