Insights

3/14/25: Weekly Recap of Headlines We Found Interesting

Written by Next Vantage | 03/14/2025

 

What does Revenue Sharing look like at a Major College Program?

Georgia athletics will soon be adding some 100 scholarships across its 21 sports and paying $20.5 million to its student-athletes.

The NCAA and its power conference reached a revenue-sharing agreement last May, with final approval of House v. NCAA expected April 7 and terms taking effect Aug. 1, and UGA has a plan in place.

According to the Athletic Director, Josh Brooks, it will be paid out roughly  75% to the football team, 15% Men’s Basketball, 5% Women’s basketball and 5% other.

Student-athletes can also make money from NIL deals that are deemed valid by Deloitte, a third-party arbitrator that will act as a clearinghouse of sorts — approving or disapproving deals.

https://www.dawgnation.com/football/what-we-know-georgia-athletics-poised-205-nil-payroll-adding-100-scholarships/7SRNKZI7OVD4RCEFOVLYQ4WJHQ/

 

New York City’s Economy In the context of the Trump Administration

In office less than two months, President Donald Trump is sending economic shockwaves across the world — including New York City.

From cutting the federal workforce to launching massive tariffs, Trump’s fiscal moves are already having an impact on Wall Street and the rest of the five boroughs.

Greg David, an economics reporter from the news outlet The City, has been detailing how Trump’s measures could affect New York City residents.

David joined NY1’s Errol Louis to discuss the vulnerabilities of various federal aid programs like Medicaid and food stamps, the potential effects of the stock market’s decline, what tariffs could mean for local businesses and the broader economic impact for the city’s post-pandemic recovery. They also examined the lack of clarity on economic policies among New York mayoral candidates.

 h/t Errol Louis and Greg David

https://ny1.com/nyc/all-boroughs/you-decide-with-errol-louis/2025/03/13/greg-david-new-yorks-economic-challenges-under-trump

 

“Just Put It in an LLC”

 A deeper discussion on what LLC’s mean for Asset Protection from Grey Edmondson and George Karibjanian and our friends at ACTEC. 

We like to think of asset protection as a set of speed bumps between the creditor and the owner.

This discussion further demonstrates that the law around using entities as a shield is convoluted and unsettled. 

https://actecfoundation.org/podcasts/internal-affairs-doctrine-legal-entities-pt1/