Jun 19th, 2023 |
1:20:59
The Power 5’s and NCAA’s Assault on Washington
For the last six weeks, the Power 5, the NCAA, and their lobbyists, lawyers, and corporate allies have engaged in an unprecedented, no holds barred campaign to bend the federal government to the will of the big-time college sports industrial complex. Between May 19th and June 16th, four Power 5/NCAA-friendly bills were proposed or circulated for discussion. On May 23rd, the IRS issued an Advice Memorandum on nonprofit NIL collectives. From June 7th – 9th, Power 5 and NCAA leaders descended on Washington in a show of force to demonstrate their singular commitment to federal legislation that would federalize aspects of the college sports marketplace. The campaign included a symposium dominated by Power 5 and NCAA insiders hosted by the University of Arizona. On June 12th, the NCAA-controlled NCAA Student-Athlete Advisory Committees (all three Divisions) sent letters to Senate and House members supporting federal legislation the Power 5 and NCAA have sought since 2019. Also on June 12th, the NCAA announced the celebration of its first-ever “College Athlete Day.” Championship teams from all three Divisions attended a White House ceremony celebrating the accomplishments of these teams. In conjunction with “College Athlete Day,” the NCAA honored US Presidents who participated in college sports, from Joe Biden to Woodrow Wilson. This episode analyzes the events of the last six weeks.