In this week's 3-2-1 Column, the focus is on the new era of college sports and its implications for Pitt, including revenue-sharing, "back pay" for student-athletes, and unlimited scholarships under a recent settlement.

By the Numbers
  • The NCAA and member schools will provide an estimated $20-22 million annually to student-athletes through revenue-sharing.
  • The settlement includes a dual-hit of unlimited scholarships, overall roster limits, and "back pay" for former student-athletes.
Yes, But

The transition to a new system, marked by revenue-sharing and expanded benefits for student-athletes, may not be the final step, potentially leading to a future where student-athletes are considered employees.

State of Play
  • Pitt and other schools face financial challenges in adapting to the changes, with Pitt estimated to be on the hook for around $25 million annually due to the new expenses.
  • The financial burden poses potential cuts to staff and sports, highlighting the need for significant adjustments within Pitt's Athletic Department.
What's Next

The settlement and shift towards a new era in college sports signal ongoing changes and potential future developments, possibly leading towards a professional model with collective bargaining for student-athletes.

Bottom Line

The evolving landscape of college sports, marked by revenue-sharing and increased benefits for student-athletes, presents financial challenges for institutions like Pitt, necessitating significant adjustments to adapt to the new era.