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NCAA As Santa Claus

PostPosted: Tue Mar 28, 2017 2:35 pm
by Stallion
looks like NCAA is releasing millions of dollars to be used to benefit student/athletes-Looks like SMU's share is $825,036. In total the NCAA will be distributing over $200 Million Dollars-wow nice to have a little change to distribute dividends at the end of the year.

"According to a report by USA Today every Division 1 school in the NCAA will receive a one-time reimbursement that is intended to aid their student-athletes’ academic and welfare initiatives. Each athletic department will be under surveillance as the NCAA wants to make sure this money is going towards helping student-athletes."

http://www.underdogdynasty.com/2017/3/2 ... a-american

Re: NCAA As Santa Claus

PostPosted: Tue Mar 28, 2017 9:43 pm
by SMU Football Blog
Wonder what this money was originally intended for....

$200M isn't left just lying around.

Re: NCAA As Santa Claus

PostPosted: Tue Mar 28, 2017 9:46 pm
by smupony94
Amazingly found it once they got sued by players

Re: NCAA As Santa Claus

PostPosted: Tue Mar 28, 2017 9:51 pm
by Stallion
They said it came from a $350 Million Endowment-that's what they ought to do-pay money received from using players/team/coaches likenesses and apply it to the endowment and distribute periodic dividends