Basically says the formula is not in her best interest and want her or her lawyer to be present and have a say in the final settlement agreement. MSN
I think the formula should reflect how much the sport they participate in generates revenue and their performance. I think her performance over time is overrated as she did not do that well in the Olympic trials.
https://www.msn.com/en-us/sports/ot...S&cvid=061a2cb5d6854a7c93340198d1e69b0e&ei=28
The NCAA realm is buzzing with the House settlement of NIL. The attorneys general of Tennessee, Virginia, and other states filed a lawsuit earlier over the NCAA’s rules that prohibited NIL compensation for its recruits. The settlement was completed via a signed term sheet that was filed on Friday with the US District Court for the Eastern District of Tennessee, Gainesville.
And it is exactly the settlement that Olivia Dunne is not complying with. Soon after the news and details of the House Settlement emerged, the LSU gymnast hit back at the settlement, raising a ton of questions. The copy of Dunne’s letter objecting to the settlement has been shared by an X account. In the letter, Dunne wrote, “There is a lack of transparency to how the calculations are being made for the estimate of lost NIL opportunities and if the same formula is being applied to all athletes across every sport. If I were to hire a law firm to represent me individually in this matter I would want to know how the valuation of damages was calculated specifically to me. This seems not to be the case.”
Dunne further went on to say that there were discrepancies regarding the legal fees. Also, the estimated allocation link under lost NIL did not seem to work for Olivia Dunne. However, she mentioned that it ultimately did work very recently. Furthermore, another area of Dunne’s grievance was regarding the fact that no athletes were involved in the discussion by the NCAA while reaching a conclusion about the settlement. Such behavior was, according to Olivia Dunne, the continuation of “the long tradition of shutting athletes out of having a voice in a legal issue where they hold a financial interest.”
And this was not all! Dunne also pointed out the fact that the settlement overlooks a vital part of the athlete’s interest. As mentioned in her letter, the LSU heartthrob stated that the settlement fails to pinpoint the exact value of an athlete if the NCAA’s rules against college athletes’s earnings did not exist in the first place. This is because of the fact that during the time the restrictions were in place, there was a huge shift in the business model of the market.
With so many vital points being addressed by Olivia Dunne, she ended her letter with an earnest request. The LSU gymnast asked the authorities to let either her or her lawyer be present during the final approval hearing. Now, as things look quite heated on the NCAA front, this is not the only controversial statement that Olivia Dunne has made in recent times.
I think the formula should reflect how much the sport they participate in generates revenue and their performance. I think her performance over time is overrated as she did not do that well in the Olympic trials.
https://www.msn.com/en-us/sports/ot...S&cvid=061a2cb5d6854a7c93340198d1e69b0e&ei=28
The NCAA realm is buzzing with the House settlement of NIL. The attorneys general of Tennessee, Virginia, and other states filed a lawsuit earlier over the NCAA’s rules that prohibited NIL compensation for its recruits. The settlement was completed via a signed term sheet that was filed on Friday with the US District Court for the Eastern District of Tennessee, Gainesville.
And it is exactly the settlement that Olivia Dunne is not complying with. Soon after the news and details of the House Settlement emerged, the LSU gymnast hit back at the settlement, raising a ton of questions. The copy of Dunne’s letter objecting to the settlement has been shared by an X account. In the letter, Dunne wrote, “There is a lack of transparency to how the calculations are being made for the estimate of lost NIL opportunities and if the same formula is being applied to all athletes across every sport. If I were to hire a law firm to represent me individually in this matter I would want to know how the valuation of damages was calculated specifically to me. This seems not to be the case.”
Dunne further went on to say that there were discrepancies regarding the legal fees. Also, the estimated allocation link under lost NIL did not seem to work for Olivia Dunne. However, she mentioned that it ultimately did work very recently. Furthermore, another area of Dunne’s grievance was regarding the fact that no athletes were involved in the discussion by the NCAA while reaching a conclusion about the settlement. Such behavior was, according to Olivia Dunne, the continuation of “the long tradition of shutting athletes out of having a voice in a legal issue where they hold a financial interest.”
And this was not all! Dunne also pointed out the fact that the settlement overlooks a vital part of the athlete’s interest. As mentioned in her letter, the LSU heartthrob stated that the settlement fails to pinpoint the exact value of an athlete if the NCAA’s rules against college athletes’s earnings did not exist in the first place. This is because of the fact that during the time the restrictions were in place, there was a huge shift in the business model of the market.
With so many vital points being addressed by Olivia Dunne, she ended her letter with an earnest request. The LSU gymnast asked the authorities to let either her or her lawyer be present during the final approval hearing. Now, as things look quite heated on the NCAA front, this is not the only controversial statement that Olivia Dunne has made in recent times.
