With new rules, Longhorns will pay each player $10,000
Posted Oct 22, 2014
The University of Texas will spend nearly $6 million a year to comply with a string of recent legal rulings requiring colleges to be more generous to their scholarship athletes. That won’t break the bank, Athletic Director Steve Patterson said Tuesday. That money will break down to about $10,000 for each player. The money will cover college expenses that aren’t covered by a traditional full scholarship and give each player $5,000 in compensation for the university’s use of his image.
(Dallas Morning News)
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