TTT
#SMTTT
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I Root For: USM & G5
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If I could waive a magic wand, this is how NIL/cost of attendance etc. would be
-Student-athletes can only be compensated in the following ways:
1. Academic scholarships (already happening)
2. Cost of attendance (already happening)
3. Payments directly from Universities (pay for play)
-After being fully admitted/enrolled, University's can pay student-atheltes using ONLY funds from that University's TV revenue. And the $ figure paid (per student-athlete) is capped at a certain amount regardless of sport/position/player. In other words, it's at the school's discretion how much they want to pay a player but they can't pay them over a certain amount. Not sure of that amount but the amount paid to each player must be public record. After all, schools make their BIG BUCKS from TV revenue, so naturally the raw materials that make these TV deals so valuable (the players playing the game) should get compensated.
4. NIL
-Student athletes cannot make NIL money/deals from Universities. Student athleties can ONLY make NIL money from private persons/entities/business that have ZERO financial ties to the University they are admitted/enrolled at. This means, if big shot QB prospect Jimmy Bobby is enrolled at Southern Miss and he signs a private NIL deal with Bill's Tire Shop...Bill's Tire Shop CANNOT have any financial ties to Southern Miss WHATSOEVER. That means the business/owner/owners/BODs/CEO/CFO/CIO etc. can't be university donors/sponsors/business partners/philanthropy/season ticket holders etc....ZERO financial ties whatsoever.
Your thoughts?
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05-19-2022 01:32 PM |
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LeeNobody
2nd String
Posts: 489
Joined: Mar 2021
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I Root For: Georgia Tech
Location:
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RE: If I could waive a magic wand, this is how NIL/cost of attendance etc. would be
(05-19-2022 01:32 PM)TTT Wrote: -Student-athletes can only be compensated in the following ways:
1. Academic scholarships (already happening)
2. Cost of attendance (already happening)
3. Payments directly from Universities (pay for play)
-After being fully admitted/enrolled, University's can pay student-atheltes using ONLY funds from that University's TV revenue. And the $ figure paid (per student-athlete) is capped at a certain amount regardless of sport/position/player. In other words, it's at the school's discretion how much they want to pay a player but they can't pay them over a certain amount. Not sure of that amount but the amount paid to each player must be public record. After all, schools make their BIG BUCKS from TV revenue, so naturally the raw materials that make these TV deals so valuable (the players playing the game) should get compensated.
4. NIL
-Student athletes cannot make NIL money/deals from Universities. Student athleties can ONLY make NIL money from private persons/entities/business that have ZERO financial ties to the University they are admitted/enrolled at. This means, if big shot QB prospect Jimmy Bobby is enrolled at Southern Miss and he signs a private NIL deal with Bill's Tire Shop...Bill's Tire Shop CANNOT have any financial ties to Southern Miss WHATSOEVER. That means the business/owner/owners/BODs/CEO/CFO/CIO etc. can't be university donors/sponsors/business partners/philanthropy/season ticket holders etc....ZERO financial ties whatsoever.
Your thoughts?
-Student-athletes can only be compensated in the following ways:
1. Academic scholarships (already happening)
2. Cost of attendance (already happening)
3. Payments directly from Universities (pay for play)
-After being fully admitted/enrolled, University's can pay student-atheltes using ONLY funds from that University's TV revenue. And the $ figure paid (per student-athlete) is capped at a certain amount regardless of sport/position/player after negotiations with player union. In other words, it's at the school's discretion how much they want to pay a player but they can't pay them over a certain amount. Not sure of that amount but the amount paid to each player must be public record. After all, schools make their BIG BUCKS from TV revenue, so naturally the raw materials that make these TV deals so valuable (the players playing the game) should get compensated. Players are under contract for thier playing right, and a transfer fee is negotiated such that if a player transfers elsewhere the signing school owe the left behind school for the player they signs rights at a set rate negotiated with a player union
4. NIL
-Student athletes make NIL money/deals with no cap.
All income and perks are taxable
Student athletes are employees with a union like TAs. It is a weak union but the have a seat at the table.
(This post was last modified: 05-19-2022 05:09 PM by LeeNobody.)
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05-19-2022 05:07 PM |
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