jimotis4heisman
Banned
you cant capitalize on your own fame.Padraig said:Here's a question for someone more knowlegable about NCAA rules than I:
I've bought things on credit, "12 months same as cash!" "No money down, no payments until July of 2007!"...wall to wall carpeting, the new "sleep number" air mattress bed, etc., etc., and I know a house is a big difference to most of us, but most of us aren't (even 12 months ago) projected to go top 5 in the NFL Draft and be instantly worth tens of millions of dollars, so...
What would be the "legality" (NCAA rules) of an establishment (bank, real estate developer, etc.) leasing a house to a family, 12 months "same as cash", who is either a.) going to be multi millionaires from being drafted by an NFL team, or (in the case of injury) b.) have enough cash from an insurance policy to cover should a career in Football become impossible?
How long is too long to "loan" a car, house, etc. based on future value if an agreement is entered into eventually paying for such assets according to NCAA amature status rules?
on the car thing that was what came up in part of the maurice thing. it varies by state. i believe in the state of ohio maurice was ok b/c it was just considered a test drive.
lines are blurry, vauge, based on prior cases and scenarios and often hard to distguinsish without all the facts, usually all the facts are not released to the general public.
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