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Weiberg Announces Seven Oklahoma State Sports Included in Revenue Share

Weiberg announces which sports will be included in OSU’s rev share.

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[Devin Wilber/PFB]

With the House v. NCAA settlement signed off on, universities are clear to share revenue with their student-athletes, and Chad Weiberg announced Friday which Oklahoma State sports will be a part of that.

OSU athletes in football, men’s basketball, women’s basketball, wrestling, soccer, softball and baseball will share in revenue while other sports will get additional scholarships.

According to Yahoo, the initial allotment of money each school will be allowed to divvy up is estimated to be $20.5 million. Football is expected to get the biggest pieces of the proverbial pie, as it is the biggest money maker for most athletic departments.

Schools were able to designate which sports were included in their revenue sharing and which weren’t. OU, for example, announced Thursday it will split revenue among six sports: football, men’s basketball, women’s basketball, baseball, softball and women’s gymnastics. And just because a sport is part of the revenue share, doesn’t mean its athletes will receive equal money to the other revenue sharing sports.

“Many schools have been very public already about how they’re going to distribute it,” Big 12 commissioner Brett Yormark said. “One of the models out there, not to say it’s right or wrong, is 75, 15, 5 and 5. Seventy-five percent to football, 15% to men’s basketball, 5% to women’s basketball and 5% to other Olympic sports. But there are probably going to be variations of that model, and it’ll be determined by the schools themselves.”

Other NIL will also still exist, but the power conferences are going to try to regulate that more. Division-I athletes who make $600 or more on an NIL deal outside of the school’s revenue sharing will have to report the deal to a system called NIL Go. Those deals will then be analyzed to determine whether they fall into a reasonable range of compensations. Feels like there will be more lawsuits.

So just because this step has been taken doesn’t mean all the issues surrounding college sports have been solved, but it is a step in the direction of whatever the new normal will be.

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