Sunday, October 26, 2025
Submit Press Release
Got Action
No Result
View All Result
  • Home
  • Football
  • Basketball
  • NCAA
    • NCAA Football
    • NCAA Basketball
    • NCAA Baseball
    • NCAA Sport
  • Baseball
  • NFL
  • NBA
  • NHL
  • MLB
  • Formula 1
  • MMA
  • Boxing
  • Tennis
  • Golf
  • Sports Picks
  • Home
  • Football
  • Basketball
  • NCAA
    • NCAA Football
    • NCAA Basketball
    • NCAA Baseball
    • NCAA Sport
  • Baseball
  • NFL
  • NBA
  • NHL
  • MLB
  • Formula 1
  • MMA
  • Boxing
  • Tennis
  • Golf
  • Sports Picks
Got Action
No Result
View All Result

Florida Board of Governors allows $22.5M in auxiliary funds for athletics to cover NCAA revenue sharing

June 18, 2025
in Basketball
0 0
0
Home Basketball
Share on FacebookShare on Twitter


Getty Images

The Florida Board of Governors approved an amendment Wednesday allowing state universities to allocate up to $22.5 million in auxiliary funds annually to athletics, helping to cover revenue-sharing obligations tied to the NCAA v. House settlement. The board approved the measure, which will remain in effect through 2028.

The change gives public institutions in Florida a temporary financial workaround as they prepare for a new era in college athletics, where direct compensation for athletes is now standard. Auxiliary funds — typically generated from campus housing, parking, dining and bookstore fees — were previously restricted from supporting athletics to ensure programs remained self-sufficient. 

The issue was considered particularly unique to Florida, as universities in many other states have long relied on student fees and other institutional revenue streams to help fund athletic programs.

Now, public universities in Florida can tap into those sources for the next three years to offset the financial strain of the House settlement, which reshaped the NCAA’s amateurism model by allowing schools to share up to $20.5 million annually with athletes beginning this upcoming academic year. The new revenue-sharing cap will increase by at least 4% each year during the 10-year agreement. 

What’s next for Michigan sign stealing case as NCAA president sets timeline for potential punishment decision

Will Backus

What's next for Michigan sign stealing case as NCAA president sets timeline for potential punishment decision

The Florida Board of Governors oversees 12 universities, with six of those schools — Florida, Florida Atlantic, FIU, Florida State, South Florida and UCF — fielding FBS teams.

The amendment could be especially significant for Florida State, which is also expected to receive an additional $15-20 million annually as part of its legal settlement with the ACC — further boosting its financial flexibility during a pivotal shift in college athletics.

Florida is not the first state to adjust funding rules in an effort to support college athletics amid changing financial demands. Earlier this week, Louisiana moved to raise taxes on sports betting to channel more than $24 million into state public university athletic departments, pending approval from Governor Jeff Landry.



Source link

Tags: 22.5MAthleticsauxiliaryboardCoverFloridaFundsGovernorsNCAArevenueSharing
Previous Post

Jay Bilas breaks down Liam McNeeley’s game ahead of NBA Draft

Next Post

Texas Basketball announces opponents for 2025-26 season

Related Posts

Dillon Jones Tyler Smith Top Two Picks In 2025 G League Draft
Basketball

Dillon Jones Tyler Smith Top Two Picks In 2025 G League Draft

October 26, 2025
UConn women’s basketball reveals national title rings, designed by Paige Bueckers
Basketball

UConn women’s basketball reveals national title rings, designed by Paige Bueckers

October 25, 2025
adidas DON Issue 7 Preloved Violet JR9503
Basketball

adidas DON Issue 7 Preloved Violet JR9503

October 25, 2025
Mavericks Fans Resume ‘Fire Nico’ Chants After 0-2 Start
Basketball

Mavericks Fans Resume ‘Fire Nico’ Chants After 0-2 Start

October 25, 2025
Luka Doncic Sets Lakers Record With 92 Points Through 2 Games
Basketball

Luka Doncic Sets Lakers Record With 92 Points Through 2 Games

October 25, 2025
Kevin Durant After 0 2 Start Everyone Is Pissed Off I Like That Kind Of Energy
Basketball

Kevin Durant After 0 2 Start Everyone Is Pissed Off I Like That Kind Of Energy

October 25, 2025
Next Post
Texas Basketball announces opponents for 2025-26 season

Texas Basketball announces opponents for 2025-26 season

What fans can expect attending the American Century Championship, the popular celebrity golf tournament on Lake Tahoe – Golf Blog, Golf Articles

What fans can expect attending the American Century Championship, the popular celebrity golf tournament on Lake Tahoe - Golf Blog, Golf Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Lee Trevino says this is crucial for solid contact on pitch shots

Lee Trevino says this is crucial for solid contact on pitch shots

August 26, 2025
Another listless, flat tire of a performance – Dodgers Digest

Another listless, flat tire of a performance – Dodgers Digest

August 21, 2025
Is Texas making the right call with reported coaching change?

Is Texas making the right call with reported coaching change?

March 24, 2025
How to Buy COTA Tickets – 2025 United States Grand Prix

How to Buy COTA Tickets – 2025 United States Grand Prix

March 12, 2025
Arthur Jones, who won a Super Bowl with the Ravens, dies at 39

Arthur Jones, who won a Super Bowl with the Ravens, dies at 39

October 4, 2025
Marte, Steer power Cincinnati Reds over Pittsburgh, 14-8

Marte, Steer power Cincinnati Reds over Pittsburgh, 14-8

August 10, 2025
Anthony Davis could return to Mavericks’ lineup during upcoming Eastern road trip: Report

Anthony Davis could return to Mavericks’ lineup during upcoming Eastern road trip: Report

488
Avious Griffin Highlights Boxing Insider Promotion’s Card By Stopping Jose Luis Sanchez In 9.

Avious Griffin Highlights Boxing Insider Promotion’s Card By Stopping Jose Luis Sanchez In 9.

42
Getting with the programme | Arseblog … an Arsenal blog

Getting with the programme | Arseblog … an Arsenal blog

6
Adam Silver Asked To Brief Congress On Illegal Gambling Inquiry By Oct 31

Adam Silver Asked To Brief Congress On Illegal Gambling Inquiry By Oct 31

0
Bo Bichette doesn’t start, but pinch hits in Blue Jays’ loss

Bo Bichette doesn’t start, but pinch hits in Blue Jays’ loss

0
Aston Villa formalise move to sign “complete” attacker wanted by Barcelona

Aston Villa formalise move to sign “complete” attacker wanted by Barcelona

0
Norris looking to capitalise and Ferrari eyeing a first win of 2025

Norris looking to capitalise and Ferrari eyeing a first win of 2025

October 26, 2025
Aston Villa formalise move to sign “complete” attacker wanted by Barcelona

Aston Villa formalise move to sign “complete” attacker wanted by Barcelona

October 26, 2025
Utah dominates Colorado 53-7 behind QB Byrd Ficklin – Deseret News

Utah dominates Colorado 53-7 behind QB Byrd Ficklin – Deseret News

October 26, 2025
Seattle Kraken place forward Jared McCann on injured reserve

Seattle Kraken place forward Jared McCann on injured reserve

October 26, 2025
Haney’s Beach Training Mocked Ahead Of Norman Jr. Fight

Haney’s Beach Training Mocked Ahead Of Norman Jr. Fight

October 26, 2025
Belinda Bencic beats Linda Noskova in Tokyo to win 10th career title

Belinda Bencic beats Linda Noskova in Tokyo to win 10th career title

October 26, 2025
Facebook Twitter Instagram LinkedIn TikTok Pinterest
Got Action

Stay updated with the latest sports news, highlights, and expert analysis at Got Action. From football to basketball, we cover all your favorite sports. Get your daily dose of action now!

CATEGORIES

  • Baseball
  • Basketball
  • Boxing
  • Football
  • Formula 1
  • Golf
  • MLB
  • MMA
  • NBA
  • NCAA Baseball
  • NCAA Basketball
  • NCAA Football
  • NCAA Sport
  • NFL
  • NHL
  • Tennis
  • Uncategorized

SITEMAP

  • About us
  • Advertise with us
  • Submit Press Release
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2025 Got Action.
Got Action is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Football
  • Basketball
  • NCAA
    • NCAA Football
    • NCAA Basketball
    • NCAA Baseball
    • NCAA Sport
  • Baseball
  • NFL
  • NBA
  • NHL
  • MLB
  • Formula 1
  • MMA
  • Boxing
  • Tennis
  • Golf
  • Sports Picks
Submit Press Release

Copyright © 2025 Got Action.
Got Action is not responsible for the content of external sites.