Target 7: How do college athletes get paid?
The NCAA's current framework allows athletic departments to share revenue with student-athletes, with a cap of $20.5 million per year, under the NCAA v. House settlement. Virginia Tech and other Virginia universities are navigating this new model, but are reluctant to discuss specifics on the record.
College sports have undergone significant changes in recent years, with court rulings allowing schools to pay student-athletes. The NCAA v. House settlement enables athletic departments to share revenue with athletes, up to $20.5 million annually. Virginia Tech and other Virginia universities are adapting to this new model, but are hesitant to disclose details. The settlement recommends a revenue split of 75% to football, 15% to men's basketball, and 5% to women's basketball and other sports. Some states, like Florida, are passing legislation to help schools access more public funding to remain competitive. Virginia has not taken similar action.
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