THE PIT PRESS+

Nick Nunez Nick Nunez

Sharing the Spotlight—and the Revenue: UNM Prepares for Historic Payouts to Athletes

Starting July 1, The University of New Mexico will begin sharing athletic revenue with student-athletes in football, men’s and women’s basketball, based on NIL contracts and eligibility. Although the NCAA cap is $20.5 million, UNM expects to stay well below that due to financial constraints. To support this, UNM has launched the Lobo Alliance, plans to grow sponsorships, and is focusing on fundraising, community engagement, and future media rights deals.

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Nick Nunez Nick Nunez

NIL Contracts: Can student-athletes be held to their end of the bargain?

Buyouts are not the only protection for the university or NIL collective against student athletes if they transfer schools before the NIL contract with the previous school expiries.

“We had a clause in our contract that no student athlete gets paid if they go in the portal if money is due.” Kurt Roth said of 505 Sports Venture Foundation

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Nick Nunez Nick Nunez

House Settlement: How does it impact UNM?

With the NCAA House Settlement underway and expected to resolve by July 1, universities are preparing for three major shifts in college athletics: Revenue sharing with athletes, roster and scholarship limits, and NIL regulation. We go over how this will impact UNM.

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