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As soon as later this month, a landmark settlement in an NCAA antitrust case could be finalized, and schools, including Pitt, would dole out more than $20 million annually to players over the next decade. The change would go into effect on July 1.
But, with an athletics department in the red and uncertain federal funding for research — a mainstay in Pitt’s budget — the source of that money is murky.
Some schools around the country have already instituted higher ticket and concession prices for games, while others are adding onto student fees to help foot the bill. Preparation for the payments has also led to already-enrolled athletes being cut from teams, and recruits committing to schools without clarity on next steps come the fall.
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