Ethen Ostroff ⚖️

I've heard from a number of people there's confusion among some athletic directors and others as to how the $2.8B in back damages in the House v NCAA settlement will be distributed to former and current athletes. So let's take a look at who's in the three House damages classes and who will be receiving back damages payments. Here are the three damages classes: 1. Scholarship P5 (plus Notre Dame) football and men's basketball players who played between June 15, 2016 and Sept 2023. 2. Scholarship P5 (plus Notre Dame) women's basketball players who played between June 15, 2016 and Sept 2023. 3. All DI athletes not in the other two classes who played prior to July 1, 2021, and who received #NIL compensation between July 1, 2021 and September 2023. The reason the three classes are divided up in this way is because of broadcast revenue. P5 Football, P5 men's basketball, and P5 women's basketball produce more broadcast revenue than other sports, and the classes containing those athletes are designed to allow those athletes to receive the broadcast NIL money they were not able to receive from schools/conferences because of NCAA rules. The third class is designed to allow other DI athletes to receive payment for non-broadcast NIL money they would have received prior to July 1, 2021 (when the NCAA began allowing NIL compensation). So money they would have received from your standard NIL deal (promoting a business, etc.). The broadcast NIL payments that were not made to the first two classes because of NCAA rules account for the vast majority of the $2.8B in back damages. And football accounts for the vast majority of those broadcast NIL payments. Which is the reason football players will receive around 75% of the $2.8B. Men's basketball accounts for the 2nd highest amount of broadcast revenue so that's why men's basketball players will receive around 15% of the $2.8B. And women's basketball accounts for the 3rd highest amount of broadcast revenue and that's why women's basketball will receive 5% of the $2.8B. Football players are not receiving 75% of the $2.8B because 75% of the class members are football players. They are receiving that percentage because their NILs were used in tv broadcasts that accounted for the vast majority of the revenue accounted for in the $2.8B. And as discussed in some articles this week, this is why these percentages can be a good starting point for schools in determining how to make and value NIL payments to their athletes in the future. They are based on the market value of the NILs of the athletes in those sports. #nameimagelikeness #ncaa #collegeathletes #collegeathletics #sportslaw #LinkedInSports

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So why would the new P4 not just leave rather than hang with the NCAA? Once the P4, a.k.a. the money, leave, why would anyone else stay, when their athletic conferences can handle absolutely everything that the NCAA legally does? Of course, the NCAA does many things that it should not legally do, starting with serial felony violations of the nation's antitrust laws, fifty years of non-compliance with Title IX, theft of black men's wealth, diminution of women's basketball potential, and so on. There is simply nothing worth saving in the NCAA. Nothing. It's time has come and gone. IMO. https://lnkd.in/e2k6Wd5C

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Exciting News for New Jersey! 🚀 Congratulations to the New York Red Bulls on their New Training Complex in Morris Township! The New York Red Bulls broke ground for their state-of-the-art training complex in Morris Township. This project is a significant investment in the club's future and a substantial contribution to the local community and New Jersey. #Project #Summary The Red Bulls' 80-acre training complex will feature eight full-size soccer pitches, advanced training facilities, and serve as the headquarters for the team’s sporting department. Designed by Gensler and constructed by March Construction, the complex will support all levels of the club’s professional and youth teams. Legal Marketing Opportunities This project offers several opportunities for legal professionals: 1. Real Estate and Zoning: - Publish articles on real estate and zoning laws for sports facilities. - Develop case studies on zoning approvals and environmental considerations. 2. Construction and Contract Law: - Write blog posts on construction contracts and compliance. - Create white papers on best practices for drafting construction contracts. 3. Community and Economic Impact: - Issue press releases and social media posts on the economic impact. - Host webinars on the legal implications for local communities. 4. Sports Law: - Provide educational content on sports law and youth training programs. - Organize networking events for sports law professionals. By leveraging this high-visibility project, legal professionals can showcase their expertise, attract new clients, and enhance their reputations as industry leaders. #NYRedBulls #MorrisTownship #NewJersey #Soccer #RealEstateLaw #ConstructionLaw #SportsLaw #CommunityImpact

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🚨 Latest on Jaden Rashada’s NIL Dispute with UF & Coach Napier + House v. NCAA Settlement 🚨 Hey everyone, Big updates in college sports! 🌟 Jaden Rashada, a top QB recruit, is in the middle of a legal showdown with the University of Florida and Coach Billy Napier. Rashada claims UF and its reps backed out of a multi-million dollar NIL deal, forcing him to leave the program. The allegations? Rashada is arguing breach of contract and misrepresentation. He says the school promised big NIL money but didn’t deliver. This case could redefine how NIL agreements are made and enforced, highlighting the need for clear, enforceable contracts. Meanwhile, the recent House v. NCAA settlement is another game-changer. This case challenged the NCAA’s limits on athlete compensation and ended with a win for the athletes. The settlement could lead to more freedom and financial opportunities for college athletes. Together, these cases are shaking up the college sports world. The Rashada case, in particular, might set new legal standards for NIL deals, making schools more accountable. For athletes, it means more power and protection when negotiating deals. For those tracking the evolution of NIL rules and athlete compensation, this is big. It’s not just about one player or one school – it’s about the future landscape of college sports and the legal frameworks that will govern it. Stay tuned for more updates! What do you all think these cases mean for the future of college athletics? Drop your thoughts below! 👇 #NIL #CollegeAthletics #LegalUpdates #SportsLaw #JadenRashada #UniversityOfFlorida #BillyNapier #HousevNCAA

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