(Bloomberg) – Ivy League Athletic Department raises the paperwork to prove that they have not played a role in compensating their athletes, making a sharp distinction from Powerhouse College programs that pay millions to players.
Athletic departments sign attestations of independence for each name, image and similarity deals for players who make $ 2,000 or more, according to Mike Harrity, who directs athletics and recreation at the Dartmouth College and the process for the eight schools described.
At the beginning of the year, the eight ivies including Harvard and Yale opted for a recent federal settlement between university athletes and the National Collegiate Athletic Association, and said they will not make direct payments to athletes.
Although Ivy League High Schools have canceled for the settlement, they are still bound by new rules that are intended to prevent NIL agreements from being used as a wage to play. All athletes from Division I must report $ 600 deals to the new Clearinghouse of Deloitte. The Ivy League presidents decided to take an extra step to show that they are not involved in external deals with players.
“As athletic directors, we confirm that we are in no way, directly or indirectly, ask a donor or alin to give money to someone like a recruitment manual, or if they want to go to the transfer portal as a storage layout,” said Harraryy Radio at Bloomberg Power players New York.
The New College Sports Commission, which monitors athletes and schools and supervises the NIL Clearinghouse, issued its first NIL dealer current report at the beginning of September. The CSC said it had cleared around 6,000 deals since the Clearinghouse was opened in June, for a combined total of $ 35.4 million. This does not include the maximum $ 20.5 million that every school can pay directly to its athletes in the current academic year according to the rules of the settlement.
The University of California, Los Angeles has already paid $ 4.8 million to players, the athletic director previously told Bloomberg.
The Ivy League, whose members include many of the richest private universities in the US, has a different financial model than its division I colleagues. The schools do not provide athletic stock markets and only distribute financial assistance based on the needs and income of a family.
Harrity said that Dartmouth Athletes first sees students. The school in Hanover, New Hampshire, held that line last year when the basketball team for men voted 13-2 to unions. The team pulled the trouble later. But the school said it would go to the Supreme Court to say that students are not employees.
“Dartmouth has a long history of supporting trade unions, including student workers,” said Harraryy. “We see the athletics striving in the first place in the core is educational in nature.”
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-With the help of Ira Boudway.
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