SEC and others ask Congress for college athlete compensation laws

[volfanhill]

SIAP

Power 5 leagues want athlete compensation law

Basically only want third party people paying players. Not university or boosters

 

[Iam4utalways]

Let see what happens 1st.

 

[landscapingvol]

That is interesting

 

[BigOrangeMojo]

One corrupt inept unpopular entity asking another corrupt inept unpopular entity for help. A snowball has a better chance in Hell...

 

[The Original Fade]

“3rd party” pays the players. What could possibly go wrong?

 

[macrovol]

Keep the legislatures out of it, unless you want disaster.

 

[njvols]

"I know you don't have anything else going on right now...aside from covid, trade wars and riots...but, long story short, we made this mess, but Congress, can you approve us a law real quick so we can social distance from this powder keg of a topic?"

 

[tnutater]

SIAP

Power 5 leagues want athlete compensation law

Basically only want third party people paying players. Not university or boosters

Boosters and athletic departments have always paid players. Laws are useless unless enforced. Most just cover the ass of whatever group against lawsuits.

 

[ManboyVol]

I am sure this will all be handled reasonably and consistently, without any glitches.

 

[JohnWardForever]

I am sure this will all be handled reasonably and consistently, without any glitches.

Absolutely!! Lol.

 

[Illinoisvolfan2]

Goodfellas GIFs - Get the best GIF on GIPHY

 

[kcvols1]

I agree that Congress can often be the opposite of progress, but this is exactly the kind of thing that needs federal legislation.

It’d be better than fifty individual state laws on the same subject.

Big question is, who is the third party they have in mind? Athlete counsel/agents with trust accounts? How do you prevent the Rosenhaus types from installing Miami and Duke as perpetual kings of the field/court?

What if the Courts or neutral arbitrators served as this third party, or accounting firms? That’d be akin to receivership, I guess. Lots of moving parts here. We’ll probably be assembling the plane in the air, as usual!

 

[njvols]

I agree that Congress can often be the opposite of progress, but this is exactly the kind of thing that needs federal legislation.

It’d be better than fifty individual state laws on the same subject.

Big question is, who is the third party they have in mind? Athlete counsel/agents with trust accounts? How do you prevent the Rosenhaus types from installing Miami and Duke as perpetual kings of the field/court?

What if the Courts or neutral arbitrators served as this third party, or accounting firms? That’d be akin to receivership, I guess. Lots of moving parts here. We’ll probably be assembling the plane in the air, as usual!

Saban nominates Paul Bryant Jr