Washington State University’s athletic department is set to introduce a revenue-sharing pool for its athletes, starting July 1. This initiative aims to provide players with a direct share of the revenue generated by their performances.
Key Details
- Revenue Pool Cap: The pool will be capped at $20.5 million in the first year.
- Football Allocation: Of this amount, $4.5 million is specifically allocated for football revenue-sharing.
Funding and Concerns
The university plans to fund up to 85 scholarship players. However, there is uncertainty regarding the remaining funds after accounting for:
- Scholarship costs
- Other expenses related to football operations
This uncertainty has raised concerns among some coaches and staff members about the expected revenue-sharing amounts.
Roles in Compensation Decisions
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Head Coach Jimmy Rogers: He is expected to play a key role in determining which players will receive compensation from the pool. Decisions may involve releasing some players or not renewing contracts before training camp in late August.
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General Manager Ricky Ciccone: He will also significantly influence how revenue-share dollars are distributed among players. Ciccone stated, "All you’re doing is assigning a dollar amount," but emphasized that the final decision rests with Rogers and his staff.
Conclusion
The introduction of a revenue-sharing pool represents an important step towards providing athletes with greater financial security and stability within their sport organizations’ business models.
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