Current:Home > StocksTennessee is adding a 10% fee on football game tickets next season to pay players -WealthSync Hub
Tennessee is adding a 10% fee on football game tickets next season to pay players
View
Date:2025-04-17 23:17:46
The AP Top 25 college football poll is back every week throughout the season!
Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here.
KNOXVILLE, Tenn. (AP) — Tennessee has announced a price hike for football tickets starting in 2025 with most of the increase going specifically to help pay players.
The increase announced Tuesday morning in an email to season-ticket holders notes a new 10% talent fee for all invoices to “help fund the proposed revenue share” for athletes and help Tennessee attract and keep the best talent. A video link features athletic director Danny White explaining the reason for the price hike per seat across Neyland Stadium.
“As the collegiate model changes, we have to remain flexible,” White said of the price hike, which includes a 4.5% increase on top of the 10% talent fee. “We have to continue leading the way. That connection between resources and competitiveness has never been tighter. Only now we have the ability to share these resources with our athletes. We can generate revenue that will go directly to our players. This will give our teams the best chance to be successful and bring championships home to Rocky Top.”
The increase comes with Tennessee off to a 3-0 and ranked sixth in the AP Top 25.
The announcement also includes a link to updates on talks between the NCAA and major college conferences trying to settle three antitrust lawsuits related to athlete compensation for name, image and likeness. They have a settlement agreement in place to pay $2.78 billion in damages to hundreds of thousands of college athletes, dating back to 2016.
At a hearing last week, the federal judge overseeing those cases declined to grant preliminary approval of the deal and kicked it back to attorneys to address her concerns with certain aspects of the agreement.
The NCAA changed its rules in 2021 to allow athletes to cash in on their fame through sponsorship and endorsement deals after decades of prohibition.
Tennessee has been working to be at the front of the changing landscape supporting athletes. Quarterback Nico Iamaleava was a prized recruit who signed with the NIL collective supporting Tennessee athletes, the Volunteer Club founded by Spyre Sports Group. It was among the first and most well-organized to emerge around the country after the NCAA lifted its ban on athletes making money off their fame.
That deal prompted a meeting between NCAA investigators and Tennessee officials in January followed by a scathing letter from Chancellor Donde Plowman to NCAA President Charlie Baker. She ripped the NCAA for creating “extraordinary chaos” by failing to provide clear rules for name, image and likeness for both universities and athletes.
The attorneys general of Tennessee and Virginia filed an antitrust lawsuit against the NCAA a day after Plowman’s letter was released. A federal judge granted the AGs a preliminary injunction Feb. 23 barring the NCAA from enforcing NIL rules.
White cited NIL for creating an even closer connection between resources and competitive success. Tuesday’s announcement notes the current settlement projections could take effect as early as July 1, and the athletic director said Tennessee wants to be as transparent as possible with a fan base that has helped build the nation’s best athletic department. White said the ticket fee is a big key to continuing that success.
“We want to be a leader in college sports. that means we want to be a leader in revenue sharing,” White said. “We want to have the very best experience for our athletes right here on Rocky Top.”
White, whose latest contract extension was announced in August, credited fans for selling out 102,000 seats at Neyland Stadium for a third straight year with a waiting list of 15,000 for season tickets. He said that comes as other programs around the country are talking about downsizing stadiums that they can’t fill. Tennessee fans can start renewing tickets for 2025 on Thursday with a deadline of Feb. 27 with the option of a 10-month payment plan to handle the cost.
Tennessee won the SEC regular-season title in men’s basketball and the program’s first national championship in baseball in June.
___
Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
veryGood! (567)
Related
- A South Texas lawmaker’s 15
- Residents clean up and figure out what’s next after Milton
- Here's the difference between a sore throat and strep
- California pledged $500 million to help tenants preserve affordable housing. They didn’t get a dime.
- Average rate on 30
- Teen held in fatal 2023 crash into Las Vegas bicyclist captured on video found unfit for trial
- Hugh Jackman to begin 12-concert residency at Radio City Music Hall next year
- Martha Stewart Says Prosecutors Should Be Put in a Cuisinart Over Felony Conviction
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Anderson Cooper hit by debris during CNN's live Hurricane Milton coverage
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- A hurricane scientist logged a final flight as NOAA released his ashes into Milton’s eye
- Martha Stewart Reveals She Cheated on Ex-Husband Andy Stewart in the Most Jaw-Dropping Way
- Does Apple's 'Submerged,' the first short film made for Vision Pro headset, sink or swim?
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Residents clean up and figure out what’s next after Milton
- Social Security COLA shrinks for 2025 to 2.5%, the smallest increase since 2021
- Go to McDonald's and you can get a free Krispy Kreme doughnut. Here's how.
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Jelly Roll album 'Beautifully Broken' exposes regrets, struggle for redemption: Review
Fans of Anne Hathaway and Nicholas Galitzine's Idea of You Need This Update
Mauricio Umansky Files for Conservatorship Over Father Amid Girlfriend's Alleged Abuse
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
¿Dónde tocó tierra el huracán Milton? Vea la trayectoria de la tormenta.
Knoxville neighborhood urged to evacuate after dynamite found at recycler; foul play not suspected
Melinda French Gates makes $250 million available for groups supporting women's health