UCLA Has Already Paid Its College Athletes Nearly $5 Million

WATCH: Martin Jarmond, director of athletics at UCLA, says “a lot of checks are being signed in August and more to come.”Source: Bloomberg

The University of California, Los Angeles has already paid out $4.8 million to players under a new revenue-sharing rules, its athletic director said Thursday.

“A lot of checks are being signed,” Martin Jarmond said at Bloomberg Power Players New York. “And more to come.”