New Title IX guidance from President Biden's administration threatens to upend school rev-share plans in college sports
The outgoing administration's Department of Education dropped an 11th-hour salvo saying any payments must be “proportionately” distributed to men and women athletes to satisfy Title IX.
sports.yahoo.com
Unless this is changed this just threw a huge wrench into the upcoming NIL plans.
I think the NCAA was going to allow teams to spend up to like 20 million a year out of revenues directly for NIL type payments to players. If this isn't changed that goes out the door probably as female sports not bringing much revenue in - sometimes negative profit will be demanding big payments. Should have known some crap like this would have been on the horizon and attempted.
They would be better off just ditching the plan instead of giving into this virtue signaling. Will hurt the lower big conference teams though competitively.