At today's House Judiciary Committee hearing, Rep. Jerry Nadler (D-NY) spoke to Andrew Cooper, Executive Director of the United College Athletes Association, about antitrust and the NCAA.
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Category
🗞
NewsTranscript
00:00Mr. Chairman, Mr. Cooper, is it fair to say that the NCAA is a repeat antitrust offender?
00:07Yes. And how many times has the NCAA lost in court on antitrust grounds?
00:12At least four times so far. And the NCAA still faces antitrust
00:16violation claims today, correct? Yes.
00:20The proposed house settlement contains both a salary cap and a roster cap.
00:25Should these be subject to antitrust scrutiny, and if so, why?
00:29Yes, because the NCAA should follow the same laws as every other business in this country.
00:38All of which are subject to antitrust laws unless they secure an exemption
00:43through collective bargaining like every other professional sports league in this country.
00:48Now, the NCAA has argued that an antitrust exemption is necessary to protect college
00:54athletics generally and is especially important to protect sports other than football and
00:59basketball. Do you think that an antitrust exemption would be appropriate?
01:04And how much would such an exemption affect the athletes?
01:10An exemption is not appropriate. And on the notion that there is not enough money
01:17is categorically false. In the Big Ten, the collective endowments of those universities
01:22is nearly $95 billion. And in terms of the spending in the Power Four, the average
01:32operating revenue for a Power Four institution was $158 million a year in 2022.
01:39Their spending on coaches salaries was $29 million a year per school and $27 million a year on admin.
01:47And their average spend on medical expenses was $1.9 million per school.
01:53And how much does that leave for the athletes?
01:56How much of the spending is on athletes? And on student aid, they spent $15 million
02:02on average per school.
02:04And you don't think an antitrust, why would an antitrust exemption not be appropriate?
02:10You said it wouldn't.
02:11An antitrust exemption wouldn't be appropriate because it would give the NCAA power to abuse
02:18the laws and force athletes to, I mean, not follow the same laws as every other business
02:26in this country. They would continue enriching themselves off the backs of athletes without
02:30paying their labor force.
02:33And if the NCAA wanted to protect Olympic sports at colleges, what are some of the things
02:37it could do?
02:39The NCAA has zero policies that protect Olympic sports currently.
02:43A simple thing they could do is mandating a one-year notice period where the NCAA has
02:51to give notice that they are planning or that a school is planning to cut a sport.
02:55They could also pass a policy that says if your school has over $100 million a year in
02:59revenue, you can't cut sports because you can't justify that you don't have enough
03:04revenue to support those sports.
03:06Mr. Albiero, you noted the importance of Title IX, but the GAO found that only less
03:13than 7% of schools comply with Title IX and the NCAA refuses to require Title IX compliance
03:20and even found systemic abuse to not violate their rules.
03:24Mr. Albiero, couldn't the NCAA act to ensure women have equal opportunity and they're
03:29not abused by their coaches?
03:33Thank you for the question.
03:35In my opinion, we strive very hard at the University of Louisville to comply to Title
03:42IX rules.
03:46Certainly as a coach of female sport and as a father of a daughter who happens to swim,
03:52I feel Title IX has been an amazing opportunity and created an opportunity for athletes to
03:59grow in a protection for women's sport.
04:01You're saying that at your school you do that.
04:03Sure.
04:03But the GAO found that less than 7% of schools comply with Title IX and the NCAA refuses
04:10to require Title IX compliance and even found systemic abuse to not violate their rules.
04:18Why shouldn't the NCAA be required to ensure women have equal opportunity and they're
04:23not abused by their coaches?
04:25Yeah, I'm not previewed to other things that are happening around the country, if
04:30I may.
04:31Mr. McIntosh, you said in your statement that, quote, it is extremely important to the educators
04:37at our institutions that the focus of a student athlete's college tenure remain based on
04:42education, unquote.
04:44If that is the case, then why do athletes miss class for sports if it is extremely important?
04:50Thank you, Ranking Member Nadler.
04:53I think it's important to note that 94% of our student athletes graduate.
04:58That's our most recent graduation rate.
05:01While the schedule can be difficult and time constraints can be tight, our student athletes
05:07have shown that they can be successful in over 140 diverse programs within our university.
05:16Gentleman's time has expired.
05:18I yield back.
05:20Now recognize Chairman Jordan for five minutes.
05:22Thank you, Mr. Chairman.
05:23Mr. McIntosh, if we follow Mr. Cooper's plan, what happens?
05:28Thank you, Chairman Jordan.
05:29I think