Yahoo Sports· 1h ago· 1 min read
CHICAGO – A year ago, the House settlement took effect, ushering in the revenue-sharing era in college sports. Schools could directly share up to $20.5 million with athletes, and that figure grew to $21.3 million this month, though there is no true cap on third-party NIL spending.
Speaking at Big Ten Media Days on Wednesday, though, Ohio State coach Ryan Day argued the cap on spending should be even higher. He also noted the difference with above-the-cap dollars, which can come through third-party NIL deals.
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Day compared the current cap setup to a “soft” cap because of the ability for players to earn outside money beyond their rev-share deal. While he wasn’t sure what impact it would have on the parity seen in the modern era, he argued a higher cap would be better for schools.
“I think we all would like to see more…
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