Things in the NCAA are about to change and not for the better. There has been a Bill brought up in the US Senate that will over ride all State Laws, Conference and Division rules that let college athletes profit from their name and image. This will totally change EVERYTHING in amateur college sports.
I understand that players have been taken advantage as far as companies and Universities alike having benefited financially by using these athletes for profit in not only ticket sales and advertising but video games and countless other avenues as well. They are the reason we watch the games and they are the reason that so many schools make so much money.
With that being said they are given a yearly scholarship and a free education if they chose to take advantage of it and that cost is anywhere from $30,000 to $80,000 + a year depending on the school. With that education it has been said that a degree will increase a individuals ability to earn a living by $1,000,000 over a lifetime so that alone is a type of payment.
If this Bill passes individual players or groups of players will be able make deals to benefit just like a pro basically . Nike, Under Armour, Adidas and any other company will be able to pay endorsements to players and potentially steer them to a school that uses their products. It happens now to some extent more so in basketball but it will be open season for all sports and be legal.
What then, will colleges be forced to pay them to play at their school ? Will they become employees of that school and will they be given benefits such a insurance and if they get hurt will they be able to draw workmen comp ? If it is a state school will there be a pay scale set forth by the states which will vary by state. Will private school have to make public how much they will pay ? Will the players get agents and if so will they be considered amateurs at that point ? Will colleges require them to pay their own way. Will this be the end of college football and college sports in general ?
I understand that being a college athlete at a top level requires a huge amount of commitment. There time is consumed with school and training and many come from backgrounds that does not allow then to receive spending money from home. Some do get money in round about ways now and it is widely known practice legal or not. For many a part time job is not practical but they can apply for certain student loans to get that money like many regular students are forced to do.
I think the sad part is if this passes NCAA sports as we know it is gone. All that will be left is the minor leagues and so many of those that are willing to go that route to chase a dream will miss out on the education that many will never be able to afford. That education is what many will need to get out of the situation they are trying to escape and that education is what most will wish they had when that dream never happens.
Will they be required to file W-2 with the IRS and pay federal taxes on what they earn? If so those same kids that was lobbying to be paid all of sudden gonna be in a rude awaking if they have to pay in.Things in the NCAA are about to change and not for the better. There has been a Bill brought up in the US Senate that will over ride all State Laws, Conference and Division rules that let college athletes profit from their name and image. This will totally change EVERYTHING in amateur college sports.
I understand that players have been taken advantage as far as companies and Universities alike having benefited financially by using these athletes for profit in not only ticket sales and advertising but video games and countless other avenues as well. They are the reason we watch the games and they are the reason that so many schools make so much money.
With that being said they are given a yearly scholarship and a free education if they chose to take advantage of it and that cost is anywhere from $30,000 to $80,000 + a year depending on the school. With that education it has been said that a degree will increase a individuals ability to earn a living by $1,000,000 over a lifetime so that alone is a type of payment.
If this Bill passes individual players or groups of players will be able make deals to benefit just like a pro basically . Nike, Under Armour, Adidas and any other company will be able to pay endorsements to players and potentially steer them to a school that uses their products. It happens now to some extent more so in basketball but it will be open season for all sports and be legal.
What then, will colleges be forced to pay them to play at their school ? Will they become employees of that school and will they be given benefits such a insurance and if they get hurt will they be able to draw workmen comp ? If it is a state school will there be a pay scale set forth by the states which will vary by state. Will private school have to make public how much they will pay ? Will the players get agents and if so will they be considered amateurs at that point ? Will colleges require them to pay their own way. Will this be the end of college football and college sports in general ?
I understand that being a college athlete at a top level requires a huge amount of commitment. There time is consumed with school and training and many come from backgrounds that does not allow then to receive spending money from home. Some do get money in round about ways now and it is widely known practice legal or not. For many a part time job is not practical but they can apply for certain student loans to get that money like many regular students are forced to do.
I think the sad part is if this passes NCAA sports as we know it is gone. All that will be left is the minor leagues and so many of those that are willing to go that route to chase a dream will miss out on the education that many will never be able to afford. That education is what many will need to get out of the situation they are trying to escape and that education is what most will wish they had when that dream never happens.
Well, it's a good thing this is actually the exact opposite of "The Socialism Experiment", so you don't need to worry and be so sick.This Socialism Experiment is getting out of hand. If the GOVERNMENT tries to force this on colleges, the schools need to shut down all athletics. Everything the GOVERNMENT touches turns to schiiiittt. Im sick of it all.
Will they be required to file W-2 with the IRS and pay federal taxes on what they earn? If so those same kids that was lobbying to be paid all of sudden gonna be in a rude awaking if they have to pay in.
This Socialism Experiment is getting out of hand. If the GOVERNMENT tries to force this on colleges, the schools need to shut down all athletics. Everything the GOVERNMENT touches turns to schiiiittt. Im sick of it all.
Most modern day football players in P 5 schools graduate with a Degree. Many get advanced Degrees. That is a huge advantage over the average college student who struggles with grades, money, and transportation snd have accumulated student loans of over $100,000. I do not oppose the athletes being allowed to make $$ with their name etc. However, there should be a set limit on how much any athletic can “earn” and limit should apply to all players attending all schools. If not, I can see Texas and Alabama buying all the best players. I know they already do, but it would other schools to do it legally.I think there are ways to mitigate the damage to amateur athletics.
For instance, it's pretty simple to make it illegal for universities to pay students beyond "cost of attendance" scholarship+ as now. The university profits off the student's NIL, sure, but they also provide a lot of free stuff. To keep the playing field level for big and small programs alike, legislate it to be no more than that.
It is also easy to legislate that no third party (whether Nike or Leigh Steinberg or whoever) can influence what school a student chooses. Will players break that law? Sure, just as they break laws and NCAA rules today. But if they get caught, they forfeit a lot.
And so on.
Yes, this has the potential to change amateur college athletics forever. But we're smart enough to come up with a solution that preserves most of what we love about the current ways.
I'm not quite so "sky is falling" as some, I guess.
Will will create even more divide between the P5 and the G5 schools. As if it isn’t already big enough.Players won’t be employees and won’t get paid from the Universities. They will just be free to make money on their own, through such things as endorsements. Personally, I’m for freedom and capitalism. God bless America.
This isn't about freedom or capitalism. This is about Congress creating its favorite thing - new taxable income out of thin air.Players won’t be employees and won’t get paid from the Universities. They will just be free to make money on their own, through such things as endorsements. Personally, I’m for freedom and capitalism. God bless America.
There are so many problems with the concept of paying college athletes I would hate to be the one to sort them out.
This Socialism Experiment is getting out of hand. If the GOVERNMENT tries to force this on colleges, the schools need to shut down all athletics. Everything the GOVERNMENT touches turns to schiiiittt. Im sick of it all.
Then college sports will be ruined. I've already given up on the NFL, NFL, and MLB for their caving so giving up college sports won't be that much of a stretch. My country and my family mean much more to me than a bunch of self-entitled 18-22 year old football players.Maybe we need an economist to come in and explain capitalism VS. Socialism. The way I see it is that they are opening the market up for these players which would be more in line with capitalism. These players will be able to take advantage of what the "market" pays them to do what they do.
As it stands right now they provide a service and are limited by an artificial ceiling on what they can make. I'm not sure where this will lead, but I know if I had the same ability and only a number of years to capitalize I would take full advantage of whatever I could get paid.
Allowing anyone the “opportunity” to play professionally keeps everything “fair” and allows “anyone” the opportunity to make money from their likeness.