Disturbing implications from this ruling-let’s win this before it all falls apart.
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Replies to: Disturbing implications from this ruling-let’s win this before it all falls apart.
The financial "rules" of college football encourage inappropriate behavior and always have. It's
just another way for the school to get back in the player's pocket. The school is just a middleman siphoning off larger percentages from a players worth and work. Always has and always well. No different than a banker. Look at the way NIL works and it encourages schools and agents to "help" kids so they can take a cut and pull the money back just as it was before.
What? That is brutal if it comes true. Let other sports support themselves. Football tired
of carrying everyone. If it happens it should hurt everyone though, am I correct? Reminds me of Winston Churchill quote. Socialism has one value, it puts equal misery on all, or something like that.
I've been tired for years of football having to carry the athletic dept
let each sport stand on its own....
Proportionally available to revenue generated? Or proportionally available to athletes regardless?
This just means the schools will have to outsource NIL to athletes. Will put a krimp in revenue sharing.
Of course this is based on gender equity rather than doing the right thing for the kids. Very Bidenomics.
The timing here says it all. Another death throe of a lame duck admin that will not last.
There is a reason the D of E, of all agencies, said this with three days of Joe left. Their pathetic tantrum at being defeated is fun, but it will not survive the administration of grown-ups that steps in next week. No D of E ukase now has any chance of lasting.
There is a good chance this ruling could be void shortly…
…if it is on the new adm radar. There is also seems to be at least a decent chance to fight it in court.
Hopefully, common sense will prevail.
If it is financial assistance should it be limited to the value of tuition?
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All financial aid, including Outside Resources (which this would fall under) is capped by the COA
which is the school's Cost of Attendance. This is not the same thing as tuition cost, but tuition cost is the primary driver of COA.
BUT! and here's one of the craziest things about them making NIL financial aid..a scholarship athlete (specifically full-ride) would have a virtually zero COA (without an approved COA appeal based on unusually high living expenses) meaning in theory, they couldn't receive any NIL money.
I said a long time ago, without anticipating this idiotic move, NIL or school direct pay should be treated as tax tracked income. Create a new tax law requiring: the athlete to report all funds received (NIL/direct pay), the third party paying NIL to report it on their taxes, and the school paying direct pay to report it on the 1098-T.
This will make all parties involved much more likely to color inside the lines as violations will no longer be potential NCAA violations (depending on their mood), it would now be dealt with by the I R S!
Thanks for the clarification... I reread the original x post and was wondering if it is specifically
NIL money the school pays... which I always thought was not allowed.
Another great question to nonsensical ruling. I’ll bet that never occurred to them- they don’t seem
very bright - merely ideologically driven and without care for consequences.
That doesn't really make sense...IF NIL money was only being paid for real NIL value...
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Agree. Think of the implications even if were doable….
…let’s say Texas wanted to spend 40M total a year, so FB players get 20M
The other 20M goes to TX womens sports players
Where will all of the best womens bball,lacrosse, tennis, etc players want to go?
It will lead to a massive imbalance of talent within womens sports as well.
And as you point out, these women do not have that real NIL value.