University of Minnesota Prepares for Athlete Revenue Sharing with New Role: “House Settlement Negotiator”

By - Reid
11.19.24 08:51 PM

The University of Minnesota is making waves in the evolving world of college athletics by advertising a groundbreaking position—a “House Settlement Negotiator.” This innovative role is part of the university’s preparation to manage revenue sharing with college athletes under the House v. NCAA settlement agreement, which received preliminary approval earlier this month.


A Unique Role in College Athletics

The negotiator will join a small team focused on implementing the settlement's revenue-sharing framework. One-third of the role will involve contract negotiations with players from women’s basketball, volleyball, and men’s hockey, alongside coordinating with the school’s official NIL (Name, Image, and Likeness) collective, Dinkytown Athletes, to blend settlement funds with NIL opportunities seamlessly.

Applicants with experience in managing a professional sports team’s salary cap are being prioritized, reflecting the increasingly professionalized landscape of collegiate sports. The job also highlights the need for expertise in quantitative analysis and maintaining an “athlete value” database to guide contract offers.


Building a Revenue-Sharing Department

The negotiator position is part of a larger plan to create a revenue-sharing department. The department may include roles such as a “cap manager” and “offer letter/contract leads,” who would collaborate closely with coaches and recruiting directors across major sports programs. The university has stated its intention to fully utilize its revenue-sharing allotment, estimated at $21 million annually under settlement terms.


Minnesota’s Associate Athletic Director and Chief Revenue Officer, Travis Cameron, explained that the posting is part of a broader exploratory process. “It depends on what candidates we get,” Cameron noted, suggesting that the work of compensating athletes might be handled internally or outsourced to third-party firms.


The Changing Face of Athletic Departments

Minnesota’s move mirrors a broader trend in Division I athletics. Schools like Georgia Tech have also announced roles designed to oversee revenue-sharing operations, signaling a shift toward organizational models resembling professional sports teams. Georgia Tech’s recent job posting for an “executive associate athletics director-player management” reflects this trend.


Across the country, athletic departments are reshaping their structures to manage NIL and revenue-sharing functions effectively. Whether hiring university employees or contracting with consulting firms, schools are racing to adapt to these changes.


Preparing for the Future

While the negotiator’s start date remains uncertain, the University of Minnesota is positioning itself to act quickly once the settlement receives final approval. “We are just trying to be ready to move quickly,” Cameron explained, underscoring the importance of being proactive in this rapidly changing environment.


This role is not just about compliance—it represents a broader shift in how colleges approach athlete compensation. For schools like Minnesota, getting this right could redefine the competitive trajectory of their programs.


As the landscape of college athletics continues to evolve, Minnesota’s efforts highlight the growing necessity for strategic planning, adaptability, and innovation.