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What The New Overtime Rules Mean For Your Department

The recent changes to the Department of Labor's overtime rules promise to disrupt college sports


AUGUST 20, 2024 | written by STEVE ULRICH

The news that you need to know about DIII non-scholarship college athletics and those who love it.
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📆 What’s Happening Today. The DIII Championships Committee is scheduled for a virtual meeting at 11 a.m.

TOP STORY
1. What The New Overtime Rules Mean For Your Department

by Katie Davis, Extra Points

The spotlight in college athletics has been fixated on the chaos surrounding NIL and the House settlement. Meanwhile, the hits keep coming. A silent storm is brewing that could have an equally profound impact on athletic departments nationwide: the recent changes to the Department of Labor’s (DOL) overtime rule under the Fair Labor Standards Act (FLSA).

These changes are flying under the radar, but they promise to disrupt the financial and operational framework of college sports. The increasing salary threshold for overtime exemption will particularly hit smaller, resource-strapped institutions hard — potentially costing them hundreds of thousands of dollars annually. It’s time to shift focus to the new overtime rule before it catches athletic departments off guard.”

» Driving The News. “Effective July 1, 2024, the annual salary threshold for overtime exemption increased from $35,568 to $43,888. By January 1, 2025, it will rise further to $58,656. Many employees previously exempt from overtime pay will now be eligible, significantly impacting the financial planning of college athletic departments. The two bumps combined result in a 65% increase in the minimum salary threshold in a six-month period.”

» Worth Noting. “These changes will significantly impact many organizations in both the corporate and nonprofit sectors. Starting in 2025, the DOL estimates these adjustments will affect 4 million workers.”

» Be Smart. “The new FLSA rules place a hurdle on top of another more significant hurdle, but with careful planning and proactive strategies, schools can navigate these complexities effectively. Now is the time to conduct a thorough analysis of your workforce and engage in strategic financial planning for the salary increases that are in addition to the House settlement impacts.”

» Read More and get a subscription to Extra Points

STREAMING

2. UMAC Unveils Sports Network

The Upper Midwest Athletic Conference (UMAC) has launched the UMAC Sports Network, a new streaming service powered by Hudl. The network provides a streaming home for all UMAC members where fans can watch athletic events from across the conference all in one place.

The UMAC Sports Network is available online and also available to download as an app for mobile devices on IOS and Android as well as TVs through Apple TV, Android TV, Amazon Fire, and Roku.”

» What They’re Saying. I am really excited for our UMAC Athletics Sports Network launching with the upcoming fall sports season as all of our streaming will now be accessible in one platform,” said commissioner Corey Borchardt. “A great addition building off the rebrand and will be much easier to watch at home or on phone/app.”

VOLLEYBALL

3. Championship Streaks 🏐 

Six DIII institutions have seen their women’s volleyball program qualify for the NCAA championship tournament for more than a decade, including one that has participated in every DIII event.

Consecutive Appearances in NCAA Tournament

41 - Juniata (started 1981)
27 - Emory (1996), Wittenberg (1996)
19 - Calvin (2004)
16 - Christopher Newport (2006)
10 - Claremont-Mudd-Scripps (2013)
8 - Ithaca (2015)
7 - Johns Hopkins (2016), Trinity TX (2017)
6 - Babson (2017), Wesleyan CT (2017)
5 - Hope (2018), UW-Whitewater (2018)

courtesy of NCAA Stats

NEWS

4. Lightning Round ⚡️ 

🗞️ News. “In April, the National Association of Intercollegiate Athletics decided its member colleges could add sponsors’ logos to uniforms worn in competition. The first mover, it turns out, is Grace College, a 2,000-student Christian institution in Indiana. Grace’s team jerseys will bear a patch from the locally headquartered medical-device company Zimmer Biomet.”

🗞️ News. New gender options on the Common Application prompted Sweet Briar, a private women’s college in Virginia, to say it will admit only applicants whose “sex assigned at birth is female” and who live and identify as women.

TRANSACTIONS
5. Comings and Goings

1 THING

6. Online Sports Betting Hurting Consumers

“That losing 10-leg NFL parlay is coming at the expense of investments in the stock market, new research shows.

According to a July working paper, bears and bulls have become more inclined to bet on the Bears and Bulls since wagering on your phone was legalized in most states in the past six years. For every dollar put toward a sports bet, a household’s net investments drop by $2, the study found.

The study says financially constrained households are diverting more funds from stock portfolios to sports bets than others, perhaps looking for a get-rich-quick solution that doesn’t involve Roaring Kitty. “This finding underscores the potential for sports betting legalization to exacerbate financial vulnerability and hardship,” according to the authors.”

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