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Judge grants final approval to House vs. NCAA: What it means for Georgia athletics
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Judge grants final approval to House vs. NCAA: What it means for Georgia athletics
ATHENS â Collegiate athletics can take the next step in its evolution, as Judge Claudia Wilken finally issued a final approval on the House vs. NCAA settlement.
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Mike, do we have anything on the the rules to be used by the “third party clearinghouse”? I’m specifically interested to know if there will be rules to control “rookie” salaries and third party offers to recruits who have yet to play a down of college football. What defines, “legitimate exchange of business services” and who determines what is a “fair market value”? We’ve already seen an escalation in dollar amounts offered to recruits, reminding me of the problems the NFL had with rookies. Will that be put under control in this court ruling?
@JayDog....I was just wondering the same thing. This issue is so subjective when it comes to "fair market value". That's a moving target, and I see legal challenges coming immediately if Deloitte or the Commission tries to stop a deal outside the school's money. We still have no guardrails or enforceable rules set up even after this settlement which will push us closer to athletes as employees at some point. Lots of legal challenges in the courts currently about antitrust that have yet to be resolved. All of which could change the landscape more. It's a mess. This whole thing is far from resolved.
And so much for trying to move teams closer to parity with the transfer portal. It will be difficult for many schools - including some of those in the SEC - to raise the funds every season and compete with the richer programs.
As Sankey said—"As the journey to modernize collegiate sports continues". If "modernization" means gutting all existing vestiges of ameteur college athletics, then let me have the old days. As I've said, I'm not against college athletes receiving a stipend while in school, but this Wild West Show will certainly get out of hand. Let's go ahead and declare the University of Texas the National Champion for the foreseeable future. Modern day Munson—"How many dollars you got Loran"?
I expect that before this month ends, there will be lawsuits from the 2015 athletes, all the way back to the 1800’s from athletes and their relatives. It’s coming…
"Fair Market Value" is what someone will pay and what a student athlete will accept….not only is this rife for suits,…(isn't the school/program entitled to a cut of the SA's FMV….they provided the venue…. the negotiation process will result in a winner and a loser, then what are the penalties to the SA/Team, this becomes a major distraction for the SA as well as the Team and a destroyer of TEAM Culture. IMHO, NIL should only result from each schools generated revenue with a percentage of profits doled out equally to each SA……lucydog, I'm with you…..can't we just put the worms back in the can and continue fishin like we did when SA's were AMATEUR ATHLETES???
There is not going to be enough structure in this agreement to prevent problems. The addition of "agents" for the SA will really complicate things, because the agents are going to try to convince the SA that they are worth more than they really are ( the agent gets a percentage commission ). And whatever "outside" NIL the SA gets should be partially shared with their teammates. An SA can have purely individual success in sports like golf and tennis even when the team does not have the same level of success, but other sports are team sports. Success as a football QB only comes with contributions from the rest of the team. I have often said that every team member contributes to the success of the team because practice effort counts, even from players who never even see the field in most games. A college athlete has only 4 years of playing eligibility. There should be a payment structure that increases after each year of eligibility is used. Negotiations for a player should be based on a career total with loading towards the back end of the contract. Experience should count. More snaps played should result in more "salary". There are so many questions, and very few answers. I can imagine a breakaway by more powerful schools resulting in a new college football league where some of these questions have their own designed rules and collective bargaining by the players. Will this be the true end of college football as we know it? Or will something develop that keeps enough of it that fans will still be as passionate as they have been? I hope for the latter, but I fear that the former will happen.
Among many other lawsuits. Lol
This thing is an absolute mess.
IMO....As far as "Fair Market Value" goes....Bullmalarky!!. There's no such thing, when you are spending "other people's money".
The "value", depends entirely, on how desperate you are to win a Natty...and, how deep your Alumni's pockets are.
Will a player's 3rd party contracts present any kind of conflict of interest. If so...would the 3rd party contracts be unenforceable under the new law/rule/guidance/suggestion...whatever this is. Lol
Imo...to me...It seems nothing has changed, except...Now, taxpayers are footing part of the bill. Most schools don't have a crazy Athletic budget.
Hey Dawggie and Big Dawg61,
I think the lawsuits should start with Todd Gurley……and I hope it’s a monster one!!!
He went pro the spring of ‘15 after he was suspended the Fall of ‘14. He sat out 2 games and was suspended 4 games only to tear his ACL in his return game against Auburn. Prior to his suspension he was a leading candidate for the Heisman. All of this because he accepted $3000 for an autograph. That’s crazy and I won’t blink or blame him if (when) he sues. Go Dawgs and Go Todd!!!
Money
AJ Green can join him
Lol...you watch...there'll be lawsuits coming from every direction, pretty soon. Within a couple of years, anyway. I look forward to the "legal entertainment" between the various law firms. 🤣
I just want to claim kin to some of these folks !! 😀 I’d like a no interest no payment loan please !! 🤣