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KY considering a bill for player likeness pay

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I am sure that will go over like a lead balloon for all the student-athletes that work just as hard as the stars but are still broke.

 

I also assume it would give corporations like Nike and Adidas unbelievable power to persuade the biggest stars to go to "their schools" so that they could set up "shill enterprises" and pay the stars a small fortune.

 

Exactly.

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It would seem so. It won't be long until you are seeing former players around the nation in trouble for tax evasion. I can see several kids pocketing what ever they get paid and never thinking about paying taxes on it.

 

This is an excellent point that is overlooked in all of this.

I am sure that will go over like a lead balloon for all the student-athletes that work just as hard as the stars but are still broke.

 

I also assume it would give corporations like Nike and Adidas unbelievable power to persuade the biggest stars to go to "their schools" so that they could set up "shill enterprises" and pay the stars a small fortune.

 

I think the unintended consequence is that even the non-stars will demand an endorsement deal in place before they sign. Player has Ohio State, Kentucky, Cincinnati, and West Virginia on his shortlist and he's a 4 star NG. Someone offers him an endorsement deal upfront, a local restaurant will give him $25K a year for a few ads and appearances, and where do you think he will go? Schools will be in the endorsement business for each recruit if they want to be or not.

  • Author
I think the unintended consequence is that even the non-stars will demand an endorsement deal in place before they sign. Player has Ohio State, Kentucky, Cincinnati, and West Virginia on his shortlist and he's a 4 star NG. Someone offers him an endorsement deal upfront, a local restaurant will give him $25K a year for a few ads and appearances, and where do you think he will go? Schools will be in the endorsement business for each recruit if they want to be or not.

 

Man that seems wild!

I think the unintended consequence is that even the non-stars will demand an endorsement deal in place before they sign. Player has Ohio State, Kentucky, Cincinnati, and West Virginia on his shortlist and he's a 4 star NG. Someone offers him an endorsement deal upfront, a local restaurant will give him $25K a year for a few ads and appearances, and where do you think he will go? Schools will be in the endorsement business for each recruit if they want to be or not.

 

Right, it will prostitute college athletics far beyond the corrupt mess we already have with college athletics.

 

No thanks.

Man that seems wild!

 

Right, it will prostitute college athletics far beyond the corrupt mess we already have with college athletics.

 

No thanks.

 

It's going to be a bigger mess than anyone anticipates.

I am sure that will go over like a lead balloon for all the student-athletes that work just as hard as the stars but are still broke.

 

I also assume it would give corporations like Nike and Adidas unbelievable power to persuade the biggest stars to go to "their schools" so that they could set up "shill enterprises" and pay the stars a small fortune.

 

Meh, sucks to suck. :lol2: No but in all seriousness, those second tier student athletes are cashing in with that paid tuition, dorms, meal plan, gear etc. They were never "spending a year in college before going pro", because they had to.

Why can’t we just allow kids to sign with an agent while they are in high school/college ?

 

If Rich Paul wanted to pay Zion a few hundred thousand dollars to secure him as a client in the future, who loses in that scenario?

 

Letting kids make money off their likeness is just a loophole around the current mess college sports are in.

 

Surely a UK booster could round up a half a million dollars for the autograph of a once in a generation kid like Zion or Anthony Davis ?

  • Author
I am sure that will go over like a lead balloon for all the student-athletes that work just as hard as the stars but are still broke.

 

I also assume it would give corporations like Nike and Adidas unbelievable power to persuade the biggest stars to go to "their schools" so that they could set up "shill enterprises" and pay the stars a small fortune.

 

Exactly, the baseball team only gets enough scholly’s for a third of the team I believe as well.

I can see a few issues:

 

1) While college sports already have their fair share of haves and have nots, unless there is some kind of cap on what players at a particular school can earn, I believe the gap is only going to get wider.

 

2) It is my understanding that most schools use money generated from football and basketball to support the non-revenue sports. If the school is generating less money because some of that is going to the players, how will this affect their ability to support these sports.

 

3) I'm not sure that this will do anything to eliminate the shady characters from the recruiting environment, in fact I think it could do just the opposite.

 

4) I would assume in most cases, male athletes will get more money than female athletes. Are their any possible violations of Title IX?

 

5) We already see athletes sitting out of bowl games in order to protect their future earnings. As players will be getting paid earlier could possibly have multi year endorsement contracts lines up, is there a chance that we could see star athletes sit out after say half a season once they have proven that they can excell at the NCAA level.

 

5) If college athletes are entitled to make money off of their imagine and likeness, could this also extend to the high school level. I think that would be a mess.

Total dismantling of college athletics!!

  • Author

At least nobody is against it on here.

Meh, sucks to suck. :lol2: No but in all seriousness, those second tier student athletes are cashing in with that paid tuition, dorms, meal plan, gear etc. They were never "spending a year in college before going pro", because they had to.

 

I shake my head too when student-athletes have EVERYTHING paid for them and that is still not enough. However, all this will do is reward the top 2 to 3% of college stars and nothing will change for everyone else.

I can see a few issues:

 

1) While college sports already have their fair share of haves and have nots, unless there is some kind of cap on what players at a particular school can earn, I believe the gap is only going to get wider.

 

2) It is my understanding that most schools use money generated from football and basketball to support the non-revenue sports. If the school is generating less money because some of that is going to the players, how will this affect their ability to support these sports.

 

3) I'm not sure that this will do anything to eliminate the shady characters from the recruiting environment, in fact I think it could do just the opposite.

 

4) I would assume in most cases, male athletes will get more money than female athletes. Are their any possible violations of Title IX?

 

5) We already see athletes sitting out of bowl games in order to protect their future earnings. As players will be getting paid earlier could possibly have multi year endorsement contracts lines up, is there a chance that we could see star athletes sit out after say half a season once they have proven that they can excell at the NCAA level.

 

5) If college athletes are entitled to make money off of their imagine and likeness, could this also extend to the high school level. I think that would be a mess.

 

I assume they would no longer be allowed to sit out if they are getting paid.

It would seem so. It won't be long until you are seeing former players around the nation in trouble for tax evasion. I can see several kids pocketing what ever they get paid and never thinking about paying taxes on it.

 

If you're dealing with autograph situations, who's going to track the money? I mean, it very well could be mostly in cash. How's the IRS going to say you signed 400 autographs versus the 200 you claimed? Money will indeed find it's way into pockets.

 

Now, the endorsement type of deals, where there's a contract...different story. Kid may still very well pocket everything, but the IRS could find out about it, because the payer is likely going to claim it as an expense.

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