NIL - Georgia law would change disbursement

LadyStanley

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Sep 22, 2004
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GindyDraws

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Mar 13, 2014
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So... They can earn money, but likely won't actually ever see a cent of it?

Sounds legalese for keeping things as they are while convincing people things are now different.
 

golfortennis

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Oct 25, 2007
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So... They can earn money, but likely won't actually ever see a cent of it?

Sounds legalese for keeping things as they are while convincing people things are now different.

Sounds like they get 25%, and then the school siphons off the rest. To be used for a pool to other athletes. How does that get done? Is this basically a legalized slush fund to pay guys to show up at a school? Does it get paid? What happened if the school takes their cut but doesn't pay it out? Will there be "administration fees" taken off the pool?
 
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golfortennis

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Oct 25, 2007
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Big time college sports in the US is such a scam.

What do you mean? Donors get tax breaks for giving huge amounts for tickets, suites, etc. Coaches get big salaries(even the non-revenue sports because money has to be spent in order to maintain not for taxes, I mean profit status), AD's get to act all important because they have massive bureaucracies under their watch, college presidents get their faces in the papers..... what's not to like?
 

My3Sons

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What do you mean? Donors get tax breaks for giving huge amounts for tickets, suites, etc. Coaches get big salaries(even the non-revenue sports because money has to be spent in order to maintain not for taxes, I mean profit status), AD's get to act all important because they have massive bureaucracies under their watch, college presidents get their faces in the papers..... what's not to like?

What amazes me is that seemingly every kid on the campuses at LSU, Bama, USC, etc. knows what is going on and maybe know the specifics yet the NCAA can't seem to find anything out. The under the table economy is probably 25% of the recognized one. The losers in all of this of course are the players who are treated as cattle and tossed aside in most programs when they get hurt or don't immediately live up to their five star recruit status. The phony not for profit thing is just the icing on the cake.
 

golfortennis

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Oct 25, 2007
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What amazes me is that seemingly every kid on the campuses at LSU, Bama, USC, etc. knows what is going on and maybe know the specifics yet the NCAA can't seem to find anything out. The under the table economy is probably 25% of the recognized one. The losers in all of this of course are the players who are treated as cattle and tossed aside in most programs when they get hurt or don't immediately live up to their five star recruit status. The phony not for profit thing is just the icing on the cake.

But it's all for the ol' alma mater. Don't you know?

The reason nothing happens is lack of subpoena power. The NCAA can't do very much, especially if the player has already moved on/graduated by the time they find anything out. Don't take that to mean I think they should have it. The way they were vindictive as hell on Jerry Tarkanian is all the proof you need. So they need people who will willingly talk, and if nobody is talking. The biggest scandals the last many years(recruiting wise) have had the FBI involved(adidas/agents, Michigan/Ed Martin) because that is the only way the NCAA could get evidence.

I completely agree about the players. Heck, even in Div 3 golf, a member at my golf club went to a school, turned an ankle, and was basically chased off. My favorite thing the last few years was Nick Saban saying he was against loosening transfer rules because if you sit a kid down for missing class, he can then up and leave. Right. It's all about controlling the cattle as you say to keep the spigot flowing.

I was quite disappointed when the bill was amended to remove the part about not being able to get a tax deduction for a donation that brought along with it ticket priority. If you donate to a school, it should be for something more than .5% of the students will ever get to use.
 
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AdmiralsFan24

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Mar 22, 2011
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Wisconsin
New Georgia law legalizing college athlete endorsements also allows schools to take athletes' money

As Georgia athletes can soon make endorsement money, their schools can also take up to 75% of that money to redistribute to other athletes.

IOW players get 25% individually and remaining funds would be distributed to all athletes in that class at graduation.



I'm thinking that won't be good for recruitment.

Republicans: We hate socialism!

Also Republicans: Let's do a socialism.
 
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