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re: NCAA President - no sympathy for coaches, not favorable to transfer restrictions
Posted on 2/21/24 at 2:02 pm to Teague
Posted on 2/21/24 at 2:02 pm to Teague
I think the players should all get a % of the revenues generated set aside in a trust account they gain access to after no longer being eligible... leave early for the draft, graduate, whatever.
Now that means the star QB's cut is the same as scholarship player #85...but splitting the team into financial haves and have nots is just a disaster.
Of course, the schools themselves don't want to give up a dime of revenue to players and prefer to just say "go make whatever money yourself"...but it's just not working... especially for a team environment.
And the transfer portal is the biggest negative. Whatever the answer is, you simply can't have a system where you have to
re-recruit your own team every year. There will have to be a contractual element. The NFL has contracts. Is it "fair" Mahomes can't be hired by Jerry Jones and the Cowboys for a 1 year $75 million contract and then to another highest bidding team a year later?
Now that means the star QB's cut is the same as scholarship player #85...but splitting the team into financial haves and have nots is just a disaster.
Of course, the schools themselves don't want to give up a dime of revenue to players and prefer to just say "go make whatever money yourself"...but it's just not working... especially for a team environment.
And the transfer portal is the biggest negative. Whatever the answer is, you simply can't have a system where you have to
re-recruit your own team every year. There will have to be a contractual element. The NFL has contracts. Is it "fair" Mahomes can't be hired by Jerry Jones and the Cowboys for a 1 year $75 million contract and then to another highest bidding team a year later?
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Posted on 2/22/24 at 8:59 am to Chad4Bama
quote:
I think the players should all get a % of the revenues generated set aside in a trust account they gain access to after no longer being eligible... leave early for the draft, graduate, whatever.
In a revenue sharing structure, revenue can be impacted by long term stability. I the player does not meet the contract requirements the shared revenue should be foreited.
Stay for 3 years and declare for the draft. Stay 4 years and retire from the sport. You are vested.
Get processed, you are vested and free to go elsewhere.
Breakteam rules and get cut, lose your shares. Transfer out before being vested, lose your shares. Get kicked out of school, shares are lost. Don't meet GPA requirements, shares are lost.
Transfer in, vesting timeline is part of the contract.
All university provided perks are tied to being "in good standing" and end the moment you break from a good standing status.
Walk-on players are included in the revenue sharing and penalty structures so long as they are "in good standing" with all team and university rules.
NIL contracts are open market rules. They should be annual contract with early departure penalties. They should also have behavioral penalties. You break the rules, payment stops and penaties are applied. You leaveearly, payment stops and penaties are applied.
The players want to be payed like it is a business? Treat them like it is a business. Contract law can be a bitch and that bitch has teeth.
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