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Welp. This was bound to happen but the Dept of Education

Worth noting that this is a guidance memo. It's not a new law or regulation, it's merely the outgoing administration's interpretation of the law (which will be irrelevant in about a week).

I wouldn't be surprised if a judge or two agrees with the memo but this is still far from settled.

Source: me, a regulatory lawyer who works in DC.

Welp. This was bound to happen but the Dept of Education

Has weighed in on revenue sharing/NIL.

Per the article: The plans that many major college athletic departments are making for how they will distribute new direct payments to their athletes would violate Title IX law, according to a memo published by the U.S. Department of Education on Thursday.

In some cases, athletic directors have publicly shared that they intend to provide upward of 75% of that money to their football players.

However, the Office for Civil Rights -- the division of the Department of Education that enforces Title IX law -- said in its memo Thursday that those future payments should be considered "athletic financial assistance" and therefore must be shared proportionally between men and women athletes.

"When a school provides athletic financial assistance in forms other than scholarships or grants, including compensation for the use of a student-athlete's NIL, such assistance also must be made proportionately available to male and female athletes," the memo said.


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