this is an excerpt - article is more detailed.
Great news.
Let these kids make money off their skill sets and their own name.
College football is over. It is now nothing more than a farm system for the pro’s. There is no longer any reason for the colleges to be involved other than to pay for womens sports.
Colleges are not about education; they are about making money.
I laugh at anyone who claims there are non-profit colleges and bemoans for-profit colleges as ALL colleges are for-profit.
No real problem with it, but is there a line? Can a HS footballer be promoted by a company with the intent for a better draft position? Can Lebrons kid be paid for commercial endorsements? Can these athletes get paid for political endorsements?
Alabama alumni:> “hey there 5 star QB recruit. I’d like to buy a autographed jersey of yours. $10,000”.
Clemson Alumni:> $20,000
Georgia Fan:> $30,000
What could go wrong???
Next shoe to fall for colleges & universities will widespread unionization for graduate students. Its already happening slowly. This will accelerate it.
That’s going to be interesting for “big research U”!
Its about time. These top colleges are making hundreds of millions of dollars in sports and the NCAA and conferences combined are making about a billion dollars and more off tv rights. Its not amateur sports when college coaches are making millions of dollars and can get up and leave for another school and raked in more millions of dollars. All that I just said above are free market moves by these institutions and universities but the students are there to be amateur student athletes .....foolishness. I dont care if the kid is black, white, Asian, Hispanic boy or girl.....if the university can make money off their jersey and live in plush surroundings then the kid actually doing the work should be able to profit. Now will there be problems with this new system in place? Sure but theres already problems with the under the table buying players right now. At least its brought out to light instead of under the table means
This will be very bad for small teams. People will go to schools who can make them the most money. So they will buy student athletes with promises of endorsements. Things will evolve very fast to the point where the big schools will keep being pro minor leagues and small schools will not advertise players at all. I bet there will be far fewer players in the middle. A team like Navy or Boston College will probably move to the lower tier. ND and Alabama will stay in the higher tier.
This will destroy collegiate sports as we know it. I give it about 5 years and we will start to see new problems.
There is sufficient money in college sports to pay the players who earn this money a larger stipend. NCAA football and basketball players could be paid a sizable stipend and this would negate the need to allow athletes to sell their image and likeness to the highest bidder. Unfortunately, much of the revenue earned by football and basketball is used to fund non revenue sports (e.g.women’s softball, volleyball, etc.) due to Title IX. The NCAA is OK with turning college recruiting into a sanctioned pay to play program as long as it doesn’t kill the sports that pay for all the Title IX programs.
So if they get paid will they instantly become professional athletes by definition?
Will the money be instantly available to students in real time, or will it be used to pay for their education, insurance, and a small stipend for spending monies beyond the what is reasonable, e.g., the money available to those who get student loans?
How will this affect the Olympics, or has that boat already sailed?
Will the colleges be reimbursed on a cost share basis simply because the tax payers are creating the infrastructure by and large, thus should some money be put back into the Tax Payers pockets by alleviating some of the taxation expense for education in general from the monies collected thru taxation?
I think the NCAA has managed to help a few big time programs by listening to those schools in constant (currently) contention by the big post season money.
Small school players will get recognition that otherwise might not happen today - thus a Div II player might actually deserve and win the Heisman, oh YEA!
If states are going to give money to the kids, why not at the same time each state should build a series of Stadiums geographically and accessible time wise to all Taxpayer funded colleges thus lessening the impact and recruiting advantage of Clemson, Ohio State, Alabama
, etc. By creating infrastructure for all students regardless of the size of institution, all can have access to state funded facilities - and by extension the creation of jobs, educational opportunities in medical services, management, etc.
Why should only the big schools deserve the recognition?