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re: NCAA President - no sympathy for coaches, not favorable to transfer restrictions
Posted on 2/22/24 at 8:59 am to Chad4Bama
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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