The US Athletic Conference would require each member to provide athletes with at least $ 10 million in additional benefits in the next three years except the Army and Navy, making it the only league to set a minimum standard with expectation of starting in Division I Games in July.
The Chairman of AAC approved the plan last week when he reviewed the study of the financial prostitute of the college’s sports counseling firm’s conference. A federal judge $ 2.8 billion house V. The three -year plan will be effective after approving the NCAA Antitrest Basti, which is expected to be next month.
Commissioner Tim Parnetti said on Wednesday that 13 out of 15 AAC schools would opt for home disposal, which, among other things, pays payments to athletes up to $ 20.5 million per school in the first year. The army and the Navy are excluded as they do not offer athletic scholarship and cannot accept the money, image and equality money.
“For the conference, moving forward and saying that we are not only choosing, but what we are going to do here shows the serious nature and our commitment not only to give a great experience for student-athletes but also to success,” Parnetti said.
Officials of the Big East, Big Ten, Big 12 and South East Conference told Associated Press that each of their schools would be free to set their revenue sharing levels. Power-conference schools generate the most television revenue, and most are expected to fund a full $ 20.5 million or close to it.
The AAC plan, which was previously reported by Yahoo Sports, will allow each school to determine its speed to hit a total hit of $ 10 million by 2027-28. For example, a school can share $ 2 million in the first year, $ 3 million second and $ 5 million third.
AAC considers new scholarship, payment for educational-related expenses and direct payment as additional benefits. Each school, with some limits, can usually affect those as it sees fit.
“We wanted to provide flexibility to all of us to get the number, although it makes the most understanding for them,” said Parneti. “I hope it will be a variety of different methods. I am sure that many institutions are going to be more than year 1 ($ 10 million).”
Failure to reach $ 10 million in three years can endanger the membership of a school, but Parneti said the policy would be an annual review.
“All our universities decided a long time ago to distribute this experience at athletics and the highest level,” said Parneti. “For me, it’s not about considering it again. It is about making sure that we are installing ourselves for success in future.”
