BigTigerMike
Hall of Famer
Posts: 22,008
Joined: Nov 2007
Reputation: 920
I Root For: Memphis Tigers
Location: |
Report: University of Texas to Pay Every Players $10,000 a Year
And so it begins.
The Dallas Morning News reports that Texas athletic director Steve Patterson announced yesterday that the University of Texas will begin paying approximately $10,000 to each athlete in response to recent court decisions as well as to cover expenses not otherwise covered by athletic scholarships. Patterson said the total cost to Texas would be approximately $6 million a year.
One thing to note is that although Patterson doesn't say it, the math indicates that this isn't just for football or even men's basketball. $6 million provides a $10,000 payment to 600 athletes, which means that it's likely to be every male and female athlete at Texas. No discrimination between the rowing team and the football team.
The $10,000 estimated amount per players breaks down into two parts: the first is to cover expenses not covered by scholarships. It's things like meals outside the training table and trips home. So it's an average. To use an example at Nebraska, Josh Banderas would get less for trips to his parents home across town in Lincoln than kicker Mauro Bondi would receive for trips home to Boca Raton, Fla.
The second part is a $5000 payment in compensation for the university to use his image. That's the amount set by U.S. District Court Judge Claudia Wilken in her ruling on the Ed O'Bannon case. The number may be arbitrary, but it was set by the courts, not Texas.
Read more
http://www.cornnation.com/2014/10/22/704...ncaa-legal
|
|
| 10-22-2014 02:12 PM |
|
/
Report: University of Texas to Pay Every Players $10,000 a Year
