All articles tagged with #revenue sharing
UC filed a breach-of-contract suit seeking $1 million in liquidated damages from Brendan Sorsby for transferring to Texas Tech before completing a two-season NIL/revenue-sharing agreement; Cincinnati says the buyout clause applies, Sorsby’s camp disputes the claim, and Tech declined comment as the case underscores ongoing questions about enforcing rev-share contracts in college sports.
The WNBPA delivered a counterproposal to the WNBA demanding 25% of league revenue (about 27.5% over the life of the deal) and team-provided housing for players in the early years, while reducing the proposed salary cap to near $9.5 million. The league countered that the proposal is unrealistic, could cost hundreds of millions, and may delay the season, noting its own offer would share under 15% of revenue in year one with a $5.65M cap that would rise over time. With the season about 80 days away, talks continue alongside expansion drafts and free agency; players had previously authorized a near-unanimous strike.
With the May 8 start looming, the WNBA blasted the union’s latest CBA counterproposal as 'unrealistic,' warning it would cost teams hundreds of millions. The WNBPA’s offer calls for about 27.5% of gross revenue over the deal (down from 31%), including housing concessions, while the league’s proposal ties revenue sharing to net revenue and promises higher salaries and stricter facilities requirements; the parties still must hammer out two drafts and free agency before training camp.
WNBA owners sent a counter-proposal to the players’ union, keeping revenue sharing below 15% of league revenue and reintroducing a limited housing plan tied to a developmental roster (two spots per team with per-game pay and housing benefits, including studio apartments for lower-salary players and one-bedroom units for early-career players in the initial years). The league also offered non-economic concessions (pregnant-player trade consent, no marijuana testing, higher performance bonuses) while salaries remain well below union expectations. Talks continue ahead of a May 8 season start, with concerns a deal by early February is needed to avoid delays.
In New York, the WNBA and its players’ union held a roughly three-hour in-person meeting, but the league did not present a counterproposal to the union’s latest offer and instead said it would prepare an official response. The players seek a $10.5 million cap and a revenue-share model based on total revenues before deductions, plus housing, retirement benefits, and professional standards; the league’s prior offer featured a $1.3 million max salary and an average salary over $530k under its revenue-sharing plan. About 40 players joined via Zoom, with leadership from both sides and several team owners in attendance. While reports of internal EC debate emerged, players say there is no fracturing. A strike remains possible but is not imminent, and more talks are required before any decision on labor action.
OpenAI CFO Sarah Friar floated a value-sharing model at Davos, suggesting OpenAI could license discoveries made with its technology or take a stake in the profits from AI-enabled breakthroughs (such as new drugs), signaling a potential shift toward revenue sharing as it pursues new income beyond subscriptions.
The article discusses the rising costs of college football transfers in the NIL and revenue-sharing era, with quarterbacks and offensive linemen among the highest-paid, and transfer costs varying significantly between Power 4 and Group of 5 schools, often reaching into the millions for top-tier players.
Despite the implementation of a new spending cap and oversight measures for college football, schools are already exceeding limits through various workarounds, with player salaries and NIL deals reaching new heights, indicating that the 'market correction' promised by regulators is not yet materializing.
UCF Athletics announces full funding of the revenue share and NIL opportunities for student-athletes, supported by donations and partnerships, with a call for local businesses to join in expanding NIL collaborations and supporting the university's athletic programs.
The article discusses the chaotic and costly cycle of coaching changes in college football, highlighting how massive buyouts and bidding wars are straining athletic department budgets, especially affecting revenue-sharing and other sports like basketball, with schools facing tough choices about resource allocation amid uncertain enforcement of spending caps.
The WNBA and the Women's National Basketball Players Association are at odds over a new collective bargaining agreement, with players demanding a revenue-sharing model linked to league growth and higher salaries, while the league offers a different proposal. Tensions have escalated with fiery exchanges, and negotiations are ongoing as the current CBA expires at the end of October, potentially requiring an extension to avoid season delays.
NBA Commissioner Adam Silver indicated that WNBA players will see a significant pay increase in the upcoming collective bargaining agreement but dismissed their push for a larger revenue share, emphasizing absolute earnings over revenue percentage. The WNBA's current CBA is set to expire, with negotiations ongoing for a new deal that aims to address salaries, revenue sharing, and benefits amid rising league popularity and record-breaking attendance and ratings.
A legal settlement is transforming college athletics by allowing Division I schools to pay student-athletes for their name, image, and likeness, starting with $20.5 million in the first year and increasing annually. This shift also involves distributing $2.8 billion in back pay to athletes affected by previous NCAA rules, with stricter oversight on third-party NIL deals. LSU is actively preparing for these changes across various aspects of its athletic programs.
Power conferences and House attorneys have resolved a dispute with the College Sports Commission over NIL collectives, allowing them to provide athlete deals with a valid business purpose that won't count against revenue caps, potentially increasing athlete compensation but also complicating recruiting and roster management.
WNBA negotiations for a new collective bargaining agreement are tense, with players protesting for fair pay amid league growth, while the league's commissioner describes the talks as constructive and aims for a transformational deal before the October 31 deadline to avoid a work stoppage and ensure smooth upcoming seasons and expansions.