NCAA's Charlie Baker expects women's tournament revenue plan to pass The NCAA is closing in on a distribution fund, including units, for the women's basketball tournament. Tuesday, the D-I Board of Directors introduced a proposal that could take effect for 2025. NCAA President Charlie Baker later said he foresees no issues with getting final approval. "I'll be shocked if this thing has any issues at all gaining approval," Baker said. Under the proposal, the NCAA creates a Women's Basketball Equal Conference Fund and Women's Basketball Performance Fund, and a vote is expected in January during the NCAA Convention. Both funds would go into place in time for March Madness in 2025 and give the women's tournament a financial element similar to the men's side. Read more here: https://lnkd.in/eZXJFtzs
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This strategic move from The Collective Association marks a turning point in the national conversation and legislation around NIL collectives. For companies seeking fundraising dollars, clear and consistent communication is crucial. Collectives are no different, and TCA clearly understands that. Interesting read by Eric Prisbell in On3. #NIL #CollegeSports #sportsbiz #collegeathletics #communicationstrategy
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Hey everyone, lets talk transparency in collegiate athletics! As #NIL collectives expand, its crucial to review their Form 990s for insight into compliance and financial transparency. Here's how to decipher these important tax documents. #collegiateathletics
IRS Form 990: Telling the Financial Story of NIL Collectives
https://www.jmco.com
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Hey everyone, lets talk transparency in collegiate athletics! As #NIL collectives expand, its crucial to review their Form 990s for insight into compliance and financial transparency. Here's how to decipher these important tax documents. #collegiateathletics
IRS Form 990: Telling the Financial Story of NIL Collectives
https://www.jmco.com
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Head of Sales @ Insider Inbox | Helping college athletics departments & all their teams become financially self-sufficient.
The NCAA has finally come up with an outline for the terms of the House Settlement. Here’s my $.02 for Athletic Directors figuring out a path forward in 2025 as the dust settles. Per the outline, each school can share up to $22 million per year at the start of the 2025-26 school year. This annual amount could go up to $33 million per school by the end of the settlement’s 10-year term. Long story short, there’s a massive financial gap that major universities need to fill. My $.02 is schools should ‘follow the money’ to fill this gap with minimal budget cuts. In 2023, Donor Contributions and Ticket Sales contributed to 37.43% of FBS revenue. To maximize this revenue stream I’d identify 1. Which donors & ticket holders are making the biggest financial impact? 2. What do they value most? 3. How can we deliver this value to maximize donations? My hot take is that we’ll see a historic shift in the hierarchy of the FBS. Those who best identify a strategy to win financially over the next 10 years will rise above the rest. Thoughts? Source: Knight Commission On Intercollegiate Athletics
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Regardless of how much or little we know about the sport in question, most of us fancy a flutter on a big sporting event. Here in the UK, for example, around a third of the adult population bets on the biggest horse race in the calendar, the Grand National. The US equivalent is March Madness, a knockout competition for college basketball teams that runs over three successive weeks. This year’s tournament is down to the final four. For Dimensional Fund Advisors founder David Booth, March Madness has some similarities with the world of investing, as well as some crucial differences. What, if anything, can it teach us? >>> https://lnkd.in/eYQVwPby #Investing #Markets #Basketball Index Fund Advisors, Inc.
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Hey everyone, lets talk transparency in collegiate athletics! As #NIL collectives expand, its crucial to review their Form 990s for insight into compliance and financial transparency. Here's how to decipher these important tax documents. #collegiateathletics
IRS Form 990: Telling the Financial Story of NIL Collectives
https://www.jmco.com
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Head of Strategy and Development, Virtas Partners | Seasoned Consultant | Accounting Advisory Expert | Growth-Oriented Leader
If all goes well, private equity is about to ingratiate itself into the work of professional football. The NFL owners see an opportunity and are willing to capitalize on it. But we may not see things stop there. Just as college football warmed up to NIL and is paying its players like professional football, soon we could see the college game get comfortable with private equity. #PrivateEquity #Investment #Football #CollegeFootball
With college sports at critical juncture, private equity groups pushing for their piece
sports.yahoo.com
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Great article about the support of local business women of women's professional soccer. Hear more on the topic at our August 23rd panel discussion
Congratulations to local CFA's Nancy Benacci, CFA and Lauren Fine on their support of Cleveland Professional Soccer bid to bring a women's team to Cleveland. Want to hear more from cleveland soccer and Michael Murphy and Nolan Gallagher? Join CFA Society Cleveland for our panel discussion August 23rd https://lnkd.in/gPnHw-cy
15 Women Investors Back Cleveland’s NWSL Bid
clevelandmagazine.com
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What's the best piece of advice you've received for owning your financial game?
Caitlyn Clark to Make $43 Million in the WNBA April Fools! But here’s something that’s no joke: the highest-paid #NBA player rakes in $43 million, while the top #WNBA player earns just $227,900. Shocking, isn’t it? This isn’t just a sports issue—it’s a snapshot of a larger problem where #women often earn less than men for similar work. Look around: in big companies and #startups alike, women are underrepresented and #underfunded. Enter Caitlyn Clark, a shining example in women’s basketball. She’s not just playing the game; she’s #mastering it, dedicating countless hours to practice, strategy, and teamwork. She knows her strengths, understands her team, and executes her game plan flawlessly. Now, think about your own “game.” Whether it’s your career, your finances, or your personal goals, are you the Caitlyn Clark of your field? Do you invest time in understanding your numbers, your skills, and your #team? Knowing your financial situation, your #assets, and your #strategy is like knowing every play in a basketball game. It’s about being prepared, aware, and proactive. Just as Caitlyn spends hours on the court, get to know your financial landscape: Who’s on your team? Are they the right players for your financial #goals? Understanding the strengths and weaknesses of your financial advisors, your investment strategies, and your savings plans is crucial. Be the Caitlyn Clark of your numbers. Know your worth, understand your game plan, and execute it with #confidence. Just as Caitlyn leads on the court, you can lead in managing your finances and advocating for your value on and off the court. What's the best piece of #advice you've received for owning your financial game? Share in the comments below.
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Junior League of Atlanta Board Member Spotlight! Meet Elizabeth Dowdell, CFA, this year's Recording Secretary. What do you do professionally? I work in product strategy at Invesco US How many years have you been a JLA member? 11 years What has been your favorite JLA placement or memory? The Little Black Dress Initiative in 2017 was the most challenging and the most rewarding JLA memory. We raised $108K and I had the privilege of serving with the most inspiring women whose stories I will never forget. With our community partners and corporate sponsors also supporting us, it was a beautiful example of the JLA mission coming to life. Looking back on your JLA membership, what advice do you wish someone had given you in your first year? Two lessons come to mind; 1. JLA is what you make it - the more you get involved, the more you get out of it. Never be afraid to raise your hand. 2. JLA is built to be flexible through different stages of our lives. Step up when you can, but there are also low key placement options for when life gets crazy. The membership council can help find the right spot for you if you need guidance! What is one thing most members of the Junior League don't know about you? I do the worm at weddings :)
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