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As prices rise, the math of living just isn’t adding up for many Florida families. Now comes word of a connection between housing costs and foster children being kept from their parents.
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Redbird Capital and Tampa-based Weatherford Capital, as part of their Collegiate Athletic Solutions partnership, will provide a $12.5 million infusion and help create more commercial revenue for the Big 12.
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The panel is examining more oversight of agents working for student-athletes, limiting transfers and exempting schools from federal antitrust laws to shield them from lawsuits on compensation.
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The Fowler Avenue Collective encouraged supporters to redirect donations to the Bulls Club, the university’s official athletic booster group, a shift that aligns with a broader move toward school-managed compensation.
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FSU Board of Trustees Chairman Peter Collins said there is a need for the college athletic system nationally to have firm guidelines that include penalties for violators of NIL or revenue sharing.
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The record-setting quarterback made the announcement in a social media post in which he thanked coaches, teammates and fans, saying “USF will always be HOME."
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The arrangement with Collegiate Athletic Solutions, a platform co‑founded by Tampa‑based Weatherford Capital, would give each school access to a $30 million line of credit while supporting conference operations.
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Colleges can now pay their athletes directly. USF's outgoing athletic director said this will allow the university to create more scholarships.
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The annual National Association of Collegiate Directors of Athletics convention this week included a very hot topic: The $2.8 billion NCAA antitrust settlement.
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The settlement in House v. NCAA brings an end to the NCAA's long-standing tradition of amateurism. Starting this fall, schools will be able to pay players directly up to a salary cap of $20.5 million.
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NCAA president Charlie Baker discusses a proposed settlement between college athletes and the NCAA for making direct payments to players for their name, image and likeness.
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"NIL" stands for "name, image and likeness."