UCLA Has Already Paid Athletes Nearly $5 Million Under New Rules

UCLA Has Already Paid Athletes Nearly $5 Million Under New Rules

The University of California, Los Angeles has already paid out $4.8 million to players under a new revenue-sharing rules, its athletic director said Thursday.

$4.8 Million Distributed to UCLA Athletes Under Historic Settlement

Payments Mark the Start of a New Era in College Sports UCLA has distributed $4.8 million to its athletes as part of a landmark revenue-sharing model that fundamentally changes how college players are compensated, Athletic Director Martin Jarmond announced Thursday in an interview with Bloomberg News. Speaking at the Bloomberg Power Players event in New York, Jarmond said payments to student-athletes began last month and will continue in the comi…