AROUND NIL THIS WEEK | NOV 4, 2024

Wyoming AD addresses challenges amid House Settlement, revenue sharing

Nov 6, 2024—The world of college athletics is changing fast, and the University of Wyoming is determined to lead the way. In a candid letter to fans, Wyoming Athletic Director Tom Burman stressed the need to remain committed to student-athlete-first values as they navigate upcoming changes. He pointed out that the new revenue-sharing model and House settlement will bring financial challenges starting in 2025. Despite this, the longtime director remains optimistic, pointing to exciting projects like a new aquatics center and Wyoming’s passionate fans as their strengths. Burman is asking everyone to get behind their sports programs as they strive to move forward, leading with bold ideas. MORE

Florida universities brace for athlete pay shake-up: What’s at stake?

Nov 10, 2024—Florida’s university leaders are preparing for the landmark $2.78 billion House settlement that allows athletes to be paid directly by schools and introduces revenue-sharing. While larger schools like University of Florida and Florida State University may benefit, concerns grow over how smaller institutions like Florida A&M can remain competitive. The settlement aims to bring structure to NIL deals, replacing booster-run collectives with a third-party clearinghouse. However, questions linger about funding, though officials assure taxpayers won’t foot the bill. With a final hearing set for April 2025, Florida’s universities are racing to adapt to these sweeping changes while ensuring no school is left behind. MORE