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re: Possible Transfer Portal Solution?
Posted on 1/18/24 at 7:45 pm to BRbornandraised
Posted on 1/18/24 at 7:45 pm to BRbornandraised
Here's what I would do. Every athlete in every sport gets a full ride. Football and basketball scholarship/roster numbers are fine however other sports like baseball that only get 11.7 for examlple immediately go to say 30. Adjust every sport to an appropriate roster number for that sport and every athlete is on full scholarship. On signing day the NLI is for 5 years. They also will be signing an employment contract with the university that will pay them whatever amount was negotiated for NIL. This can be a one year deal or longer. Just like a professional contract if you break it then you better have a good lawyer/agent because there will be penalties in the contract language. If the athlete wants to only do a one year deal so that they have the ability to negotiate a new deal each year then fine. Bet on yourself. No different than being in the pros.
Bottomline is all athletes will become employees of the university they represent and get full rides and will be additionally compensated for whatever they can negotiate for whatever length they can negotiate up to 5 years. Structure it like this and some of this portal chaos will calm down.
Bottomline is all athletes will become employees of the university they represent and get full rides and will be additionally compensated for whatever they can negotiate for whatever length they can negotiate up to 5 years. Structure it like this and some of this portal chaos will calm down.
Posted on 1/18/24 at 8:27 pm to BuzzSaw 12
There was a post about this. Students can’t be employees of the university without tax implications. Paying students exposes them to loss of millions in taxes and thus more negative impact to students and collegiate sports since most athletic departments operate in the negative as is.
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