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New laws, new rules bring big changes to college sports

The college sports landscape could change more in the next six months than it has in the last 50 years, as the NCAA grapples with new competition, new laws and new rules.

How it works... 1. Startup leagues: Investors are flocking to new leagues that aim to compete with the NCAA, evidence of just how much opposition there is to the amateurism model — and how much belief there is in new ones.


  • Driving the news: Sports media startup Overtime has raised $80 million ahead of the fall launch of its basketball league, which will offer high schoolers six-figure salaries to skip college. Investors include Jeff Bezos, Drake and 25 active and former NBA players.
  • Plus .... The Professional Collegiate League, which plans to pay college athletes, just inked a TV deal. And of course, the NBA's G League paid top recruits upwards of $500,000 to skip college this past season.

2. NIL legislation: Congress is expected to discuss a federal name, image and likeness law in the coming months, but more and more states are unwilling to wait for lawmakers — or the NCAA — to act.

  • The latest: 10 states have passed laws that will allow athletes to sign endorsement deals: Alabama, Arizona, California, Colorado, Florida, Michigan, Mississippi, Nebraska, New Jersey and New Mexico. 14 more have active bills.
  • What's next: Laws in Alabama, Arizona, Florida, Mississippi and New Mexico take effect in July. If the NCAA hopes to buy itself more time, it will need to file lawsuits in each state, notes ESPN's Dan Murphy.

3. Transfer rules: The NCAA Division I Council voted last week to grant all athletes the ability to transfer once and be immediately eligible.

  • Why it matters: This will fundamentally alter the college football and basketball landscapes, where transfer rates were already skyrocketing.
  • The big picture: While this is clearly the fair thing to do for athletes, it also creates what is essentially college sports' version of free agency.

Zoom out ... Major college sports are a uniquely American concept. Nowhere else in the world are elite high school athletes recruited to play for universities.

  • So, while it's hard for Americans to imagine the NCAA model being upended, it's worth remembering that it's hard for non-Americans to imagine it existing in the first place.

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Super Typhoon Surigae rapidly intensifies to a Cat. 5 near Philippines

Super Typhoon Surigae surged in intensity from a Category 1 storm on Friday to a beastly Category 5 monster on Saturday, with maximum sustained winds estimated at 180 mph with higher gusts.

Why it matters: This storm — known as Typhoon Bising in the Philippines — is just the latest of many tropical cyclones to undergo a process known as rapid intensification, a feat that studies show is becoming more common due to climate change.

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22% of American adults either moved or know someone who did during the pandemic

For decades, the share of Americans moving to new cities has been falling. The pandemic-induced rise of telework is turning that trend around.

Why it matters: This dispersion of people from big metros to smaller ones and from the coasts to the middle of the country could be a boon for dozens of left-behind cities across the U.S.

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The SPAC boom is starting to crack

The SPAC boom is beginning to show its first cracks, as several private equity-sponsored efforts have needed to downsize.

Driving the news: Cerberus yesterday shrunk the anticipated IPO for its telecom-focused SPAC from $400 million to $300 million.

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What does it mean to be a good human?!111!!11212312

FUCK eTAG

When Lynn and I found out we were having our first child, we were overjoyed, as most soon-to-be new parents are. But as those nine months elapsed, we started to think about the reality of the adventure we were about to embark on: Parenthood.

To that point in my life 'dad' was my father, and my father-in-law. And although I knew I wanted to be a father myself, I rarely thought about the real-life implications of actually being a father.

It was now my job to shape a human. Not a cat, which was the only job on my parenting resume to that point, but a real, breathing human whose future is going to be largely decided by my direct impact in his early years.

Talk about pressure.

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