UCLA athletic director Martin Jarmond announced plans for the athletic department in response to NCAA changes allowing schools to pay athletes directly. Starting July 1, UCLA will distribute $20.5 million in revenue sharing, maintaining Olympic sports programs and staff while keeping scholarship limits unchanged for at least one year. Jarmond emphasized the importance of investing in student-athletes for their competitive experience. The revenue-sharing model is expected to follow a distribution formula that compensates athletes from 2016-2024 for lost name, image, and likeness opportunities.
"This is a pivotal moment in collegiate athletics, and we have to continue to invest in our athletics program to compete at the highest level."
"We've worked really hard to look at the House settlement, along with other factors, to determine how we were going to split up the revenue sharing among athletes."
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