The head of the College Sports Commission says the onset of $30 million football rosters funded mostly by companies providing third-party payments to players is within the rules but not the system some of its founders intended.
The head of the new regulatory body for college sports said “if there was a time to stick out your neck, it’s now,” in urging schools to sign an agreement sent out nearly two months ago pledging to abide by new rules that govern how they pay players.
The College Sports Commission has launched a tip line for anonymously reporting potential violations of new rules on player payments for name, image, and likeness.
Conference commissioners lauded a judge’s approval of a $2.8 billion antitrust lawsuit settlement as a means for bringing stability and fairness to an out-of-control college athletics industry.
Bryan Seeley has been named the inaugural CEO of the recently established College Sports Commission.