Posted on 04/29/2020 9:17:52 AM PDT by C19fan
The term of the day for the NCAA: “modernize.” Or maybe it was “change.” Then again, “unprecedented steps” also got plenty of time. All were true. After decades of digging in, battling in court, launching advertising campaigns or just shaking their collective head “no,” the NCAA’s Board of Governors has agreed to provide its athletes the same economic freedom as any other student on campus, starting in January 2021 at the latest. It still must clear a vote at the NCAA Convention, but board approval makes it all but inevitable. “We approved legislation for student athletes to receive compensation for third-party endorsements,” said Ohio State athletic director Gene Smith.
(Excerpt) Read more at sports.yahoo.com ...
Wait until they all unionize grad students, student athletes, & adjuncts, etc! That will solve everything!
Best way to avoid that is to stop treating them like crap. Universities have this tendency to see a lot of people as cheap or free labor. have the grad students teach the classes, pay the adjuncts a couple hundred bucks per credit hour, and outlaw the athletes getting so much as a free burger from outside. Kick a dog often enough, they bite.
Universities still tend to want to be like the medieval institutions they descended from. Sovereign over themselves responsible to no one. At least for the state institutions I view it as an unwillingness of their governing bodies - Board of Regents, Visitors, etc. & state legislators to reign them in.
Ivory tower. “Tradition”. And the natural tendency of people who think socialism is a good idea to treat employees like crap.
After they’re just the “little people” - peasants!
Yup. I’ve noticed there’s a very strong tendency. The more someone thinks the little people need to be protected from the bully bosses, the more of a bully boss they are. I suppose they’d know ;)
I know the income from endorsements will be taxable, but have the resolved the question whether this now makes their scholarships taxable as income?
Back when the Northwestern athletes were pushing to unionize, the plan was scuttled when it was pointed out that would make the scholarships taxable income (for Northwestern it would be well in excess of $50,000 per year).
I wonder if this does the same. If so, they better get some damn good endorsements.
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