Lexi Trumble was quoted in CBS Sports about how schools can navigate financial implications related to the recent House settlement. In a settlement between the NCAA and the Power Five conferences, the parties agreed to pay $2.8 billion in damages to former college athletes and negotiated a revenue-sharing model that would allow schools to share up to 22% of the average Power 5 school's revenues.
Lexi spoke about the Title IX implications related to a scenario where a private equity firm invests in one of the collegiate conferences. If the investment occurs, what if the conference avoids Title IX gender equity laws and funnels the money to only certain players?
"I'm not confident that approach will generate the most goodwill," Lexi said. "It's certainly not in the spirit of equity, but there are certainly some schools that are going to try it."
"I don't have a problem with private equity," Lexi continued. "I have a problem with people trying to skirt federal law."
Lexi also discussed some of the financial implications of the settlement for certain athletic conferences.
"There is a lot of consternation from the Group of Five institutions who did not have a seat at the table," Lexi said. "You are now on the hook for industry changes that you were not necessarily given an opportunity to weigh in on."
You can read the full article by clicking here: How NCAA, Schools May Navigate Latest Financial Hit in College Sports Post-House v. NCAA Settlement
CBS Sports covers the full spectrum of sports, from preps to pros, on a national scale.
Lexi was also quoted in False Nine, a newsletter that covers women's soccer, about Title IX implications related to the House settlement.
"What makes reconciling the terms of the settlement with Title IX so hard is that Title IX — the statute itself — was drafted and enacted in 1972 at a time when paying student-athletes was so expressly forbidden that it was basically not even contemplated," Lexi said. "So now we’re having to try to shoehorn contemporary realities into a 54-year-old regulatory scheme that didn’t consider this as a possibility."
"The way this settlement is structured, in some instances, may pretty significantly widen the gap between male and female student athletes at universities that only consider financial or recruiting benefits coming out of this multi-billion-dollar settlement," Lexi said. "And that isn’t even taking into account the potential categorization of student-athletes as employees with unionization or collective bargaining abilities, which carries with it a whole host of legal and practical considerations separate and apart from Title IX."
You can read the full article by clicking here: Overlooked Aspects of The NCAA's Pending Multi-Billion-Dollar Settlement
False Nine covers women's soccer, including teams, coaches, and players.