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Many of the complaints about college athletes benefiting financially from their fame don’t stand up to scrutiny.
Since the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act in 2018—effectively legalizing sports betting—U.S. sports betting revenue has exploded from $441 ...
The University of Miami athletic department has been no stranger to money-related sports scandals. In 1994, a Miami Herald investigation revealed Hurricanes football players were paid bounties for ...
There is more money than ever in college sports, but only a few universities have cashed in. More than 150 schools that compete in Division I are using student money and other revenue to finance their sports ambitions. We call this yawning divide the Subsidy Gap.
The obnoxious money ruining golf was sure to create trust issues with the leadership, and that lingers even as PGA Tour Enterprises is now flush with cash from its new minority investor. Now it ...
According to a 2009 Sports Illustrated article, 35% of National Football League (NFL) players are either bankrupt or are under financial stress within two years of retirement and an estimated 60% of National Basketball Association (NBA) players, 78% NFL players and Russell Wiggs, [2] and a large percentage of Major League Baseball (MLB) players ...
ESPN was criticized [68] for allowing Bonds such a one-sided public pulpit, as he was the most powerful name in American sports journalism. The show was seen by some as ESPN giving up any semblance of journalism in favor of becoming a public relations front for major sports teams and players. ESPN responded to the criticism by claiming that ...
The Court further rejected the NCAA's appeal that it was not a "commercial enterprise," noting the "highly profitable" and "professional" nature of certain college sports. [ 2 ] Several startups like ATHLYT have begun to connect advertisers with their student-athlete members shortly after the NCAA enacted their interim NIL policies.