What happens if they all start 501C and they are executive director? Another thing is this will only really apply to P5 players and only the cream of the crop and 5 star recruits who will be bought by big boosters.
The feds dont take too kindly to sham non-profits. 501C's have to file too.
OK, so we shoudnt notice a difference then.Another thing is this will only really apply to P5 players and only the cream of the crop and 5 star recruits who will be bought by big boosters.
To me, this is like legalizing pot, porn, or poker. It's already happening, and banning it has been ineffective for decades. This measure recognizes that reality.
I am not against this I just see the players being taken advantage of by profiteers. It is a cesspool waiting to happen unless the players are protected.
I see it possibly going to a clearing-house type function - much like the eligibility process...
There will be certain actions that are allowed - a majority that won't be
The employees (i.e. players) will not be allowed to appear in school uniforms or use similar graphics unless there is remuneration made to the school also (i.e. how marketable is Joe or Jane Public NOT wearing a State Tech uniform)
Any monies earned will be taxable to the student and the school (which could endanger not-for-profit status for foundations and schools)
Honestly - I think ALL not-for-profit status should be stripped from University Athletic Foundations right now - but that's my personal opinion
''Don't be a bad dagh..."
What happens when a Joe Burrow or any other star player is offered a much larger sum of money to come and shoot commercials in LA? I can’t wait to watch this all unfold. I believe (as others have said) there’s going to be a major power shift to the colleges in larger metropolitan areas on the east and west coast.
There's still a finite number of D1 athletes and a finite number of wins / champions to be gained.
I say -- libruhl that I am -- let the market find the point of diminishing returns. A million dollars in billboard appearances per football player will still only net your team a max of 14 wins.
Honestly I don't think that or autograph sessions will be allowed - if it's a KNOWN BOOSTER it would violate the model - and I don't see them changing that part of the model
I think it will be jersey sales. merchandise, advertising, gaming etc...
The day's of putting the team on a schedule poster is probably over
''Don't be a bad dagh..."
By the way, I really think the headlines on this stuff are stretching things considerably (for clicks - imagine that).
The wording on what actually went down isn't exactly carte blanche.
Yep. The headlines are all about collegiate athletes can start making money now, but here's the actual release.
Board of Governors starts process to enhance name, image and likeness opportunities
Each NCAA division directed to immediately consider modernization of bylaws and policiesOctober 29, 2019 1:08pm In the Association’s continuing efforts to support college athletes, the NCAA’s top governing board voted unanimously to permit students participating in athletics the opportunity to benefit from the use of their name, image and likeness in a manner consistent with the collegiate model.
The Board of Governors’ action directs each of the NCAA’s three divisions to immediately consider updates to relevant bylaws and policies for the 21st century, said Michael V. Drake, chair of the board and president of The Ohio State University.
“We must embrace change to provide the best possible experience for college athletes,” Drake said. “Additional flexibility in this area can and must continue to support college sports as a part of higher education. This modernization for the future is a natural extension of the numerous steps NCAA members have taken in recent years to improve support for student-athletes, including full cost of attendance and guaranteed scholarships.”
Specifically, the board said modernization should occur within the following principles and guidelines:The board’s action was based on comprehensive recommendations from the NCAA Board of Governors Federal and State Legislation Working Group, which includes presidents, commissioners, athletics directors, administrators and student-athletes. The group gathered input over the past several months from numerous stakeholders, including current and former student-athletes, coaches, presidents, faculty and commissioners across all three divisions. The board also directed continued and productive engagement with legislators.
- Assure student-athletes are treated similarly to non-athlete students unless a compelling reason exists to differentiate.
- Maintain the priorities of education and the collegiate experience to provide opportunities for student-athlete success.
- Ensure rules are transparent, focused and enforceable and facilitate fair and balanced competition.
- Make clear the distinction between collegiate and professional opportunities.
- Make clear that compensation for athletics performance or participation is impermissible.
- Reaffirm that student-athletes are students first and not employees of the university.
- Enhance principles of diversity, inclusion and gender equity.
- Protect the recruiting environment and prohibit inducements to select, remain at, or transfer to a specific institution.
The working group will continue to gather feedback through April on how best to respond to the state and federal legislative environment and to refine its recommendations on the principles and regulatory framework. The board asked each division to create any new rules beginning immediately, but no later than January 2021.
“As a national governing body, the NCAA is uniquely positioned to modify its rules to ensure fairness and a level playing field for student-athletes,” NCAA President Mark Emmert said. “The board’s action today creates a path to enhance opportunities for student-athletes while ensuring they compete against students and not professionals.”
What if the NCAA approved student athletes profiting off of their likeness, but if they do, they wouldn't be eligible for athletic scholarships? At that point, they would still be able to play, but would have to pay for their own tuition and fees from the money they received. They would have to decide which plan was most beneficial for them.