Should semipro/college players be paid, or allowed to sell their stuff? (NIL and Revenue Sharing)

[ScriptOhio]

 

[dragurd]

NCAA settlement on hold as judge urges revisions

A federal judge declined to grant preliminary approval to the House v. NCAA antitrust settlement Thursday, citing concerns with multiple parts of the terms of the deal.

www.espn.com

They are going to need to collective bargain as long as judges keep sticking their fingers in and say NCAA can't limit x

Judge Claudia Wilken declined to grant preliminary approval to the House v. NCAA antitrust settlement Thursday. She said she was concerned with multiple parts of the terms of the deal. Chief among her worries was a clause that would require any money boosters provide to athletes to be for a "valid business purpose."

During the past several years, booster collectives have evolved to provide payments to athletes that on paper are payments for the use of the player's name, image and likeness but in practice have served as de facto salaries. The settlement terms would make it easier for the NCAA to eliminate those payments.

"What are we going to do with this?" Wilken asked. "I found that taking things away from people is usually not too popular."

 

[LovelandBuckeye]

 

[pnuts34]

https://www.msn.com/en-us/sports/ot...hase-in-atlanta/ar-AA1s7twV?ocid=BingNewsSerp



No matter what you think of NIL. One has to admit that it's cool to see someone so young have the foresight to make an investment like this as opposed to just recklessly spending on cars, jewelry, clothes, etc. Seeing some kids start Non profit programs, purchase property, buy their family homes, and now this investment. I have to commend some of these young adults for their intelligent spending for their future and not just live up the stereotype of being young and dumb

 

[LovelandBuckeye]

https://www.msn.com/en-us/sports/ot...hase-in-atlanta/ar-AA1s7twV?ocid=BingNewsSerp



No matter what you think of NIL. One has to admit that it's cool to see someone so young have the foresight to make an investment like this as opposed to just recklessly spending on cars, jewelry, clothes, etc. Seeing some kids start Non profit programs, purchase property, buy their family homes, and now this investment. I have to commend some of these young adults for their intelligent spending for their future and not just live up the stereotype of being young and dumb

I wholeheartedly agree. What is the ratio spending it on dumb shit vs this young lady?

 

[pnuts34]

Hes another positive NIL example. Miami DL buying his mom a new car

I wholeheartedly agree. What is the ratio spending it on dumb shit vs this young lady?

I honestly have no clue. But like almost all news, the negative stories will get more publicized than the positive ones. That's why I like posting the positive ones when I can(especially from Buckeyes. But I'm a little biased)

 

[OHSportsFan]

 

[Captain Buckeye]

Hu? They aren’t public on the stock exchange… what am I missing here?

 

[gmen6981]

Hu? They aren’t public on the stock exchange… what am I missing here?

Yet.

 

[BB73]

Yet.

That’s just what we really need. The SEC monitoring the SEC.

 

[Jaxbuck]

if you own an asset you can sell it, or a portion of it, to anyone you want to. No stock market needed.

These sports teams that Universities find themselves owning can be/are money making enterprises. This is what I have been talking about when I say they will split off the pro sports team from the university.

The business model of running a university is completely different than that of running a pro sports team. Some universities are going to recognize this simple reality sooner than others, work a deal to sell the team, just sit back and make money off the licensing and stadium deal then use the extra resources freed up to improve their core business-the university.