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A landmark $2.8 billion settlement announced by the National Collegiate Athletic Association (NCAA) in an antitrust class action filed by former college athletes reportedly sets a path for schools to share revenue with players. Although many of the details of the settlement haven’t been made public and the judge has yet to approve it, many […]
Over a year has passed since student-athletes gained the right to enter endorsement deals with businesses across the country. The name, image, and likeness (NIL) era, as it has been termed, has caused both excitement and confusion. So, what laws, regulations, and policies apply to these NIL deals? Let’s take a look. State Laws Control […]
In 2016, North Carolina was in the national spotlight. Bruce Springsteen was canceling concerts. The NBA All-Star game was moved from Charlotte, and the NCAA and the ACC wouldn’t play their tournaments in the state. It was all because of the “bathroom bill,” also known as House Bill (HB) 2.
How good are you at picking winners? If you’re one of the 70 million Americans who recently filled out a bracket for the NCAA men’s basketball tournament, you probably have a sense of how hard it is to predict success. How well did you do?
by Dan Oswald How good are you at picking winners? If you’re one of the 70 million Americans who filled out a bracket for the NCAA men’s basketball tournament, you probably have a sense of how hard it is to predict success. You think you’ve done your homework. You do your research, looking at win-loss […]
Recently, the U.S. 7th Circuit Court of Appeals—which covers Illinois, Indiana, and Wisconsin—affirmed an Indiana court’s decision to dismiss a case filed by former student athletes at the University of Pennsylvania (Penn) against the NCAA. The student athletes alleged they were employees who were entitled to minimum wage under the Fair Labor Standards Act (FLSA).
by Nancy Williams Certain NCAA rules designed to ensure “amateur status” of student athletes may violate federal antitrust laws, according to a decision of the U.S. 9th Circuit Court of Appeals. The ruling came in a case filed by Ed O’Bannon, a former All-American basketball player at UCLA. O’Bannon discovered that his name, likeness, and […]
I recently wrote that we shouldn’t overlook the contributions the younger generation can make. In business, we often assume that experience equates with success and therefore conclude it’s unlikely that a 20-something can make a significant contribution. I think that’s complete hogwash, but so is assuming people can’t have a major career breakthrough in the […]
by Dan Oswald The NCAA men’s basketball tournament kicked off last week. It’s known as March Madness. Even if you’re not a college basketball fan, you may have filled out a bracket at home or for your office pool. More than 10 million people filled one out this year. Every year, my wife, our kids, […]
Although the actual games have been overshadowed lately by the off-the-field misbehavior of some of the players, the NFL season opened last week. And if you listened closely enough, you could almost hear HR managers and small business owners across the country yelling at their employees, “Get off your fantasy football website and get back […]