Interesting, sickening in some ways, article about raising and spending money on NIL at Notre Dame. No way to catch up to this.
The 1Oklahoma Collective announced its presence, with plans to pay every football, men's basketball and softball player "an opportunity" to earn between $40,000 and $50,000 per year. Like many in the collective space, 1Oklahoma is presented as a charitable entity. While light on specifics, the plan seems to be to pay Sooner athletes to do good samaritan work with partnered charities and non-profits.
Texas announced a similar initiative back in December, the Clark Field Collective, which was also heavy on ambition and light on specifics, a $10 million fund to provide "universal basic earnings" for Longhorn athletes. A $40,000 base salary for 85 scholarship Sooners would put the 1Oklahoma pay roll at $3.4 million per year.
Oklahoma, honest to goodness, could pay 4-5 times that amount to those athletes and not even blink. As the NIL competition increases...expect that very thing.More on the other half. Good Lord:
OU's new NIL collective has designs on paying every Sooner football player at least $40,000 per year.footballscoop.com
Pitt player rumored to transfer to USC:
A source told ESPN that Pitt coach Pat Narduzzi caught wind of USC as a potential destination and called Trojans coach Lincoln Riley multiple times on Friday to express his displeasure. Pitt officials suspect that tampering could have occurred.
Combined with the situation unfolding with Miami's basketball program and it seems as if this week has brought us to something of a breaking point for college athletics current moment, where, after a century-plus of limited movement and no (legal) payments, players can now leave with no penalty and make as much money as the free market will pay them.
Some will say these two examples are proof that the NCAA and the various powers that be need to put the genie back in the bottle and go back to the old rules, before one-time transfer exception and NIL. This will not and can not happen, thanks to the court system. Others will argue the Miami and Pitt examples are proof that college sports needs to move all the way in the other direction: to create a union for college athletes, sign them to collectively-bargained contracts, which would then standardize how much money they can earn while also limiting their movement.
Unionizing under collective bargaining agreements ? That only happens for employees of an employer situation.More on the mess. I believe as more of this happens, something will happen. Not sure what, but something.
Reigning Biletnikoff Award winner Jordan Addison is reportedly mulling an 11th-hour transfer from Pitt, in what could be a watershed moment for college athletics' free agency and free market era.footballscoop.com
Now imagine that they are employees and NOT taking classes.Unionizing under collective bargaining agreements ? That only happens for employees of an employer situation.
That becoming the case, I look forward to ALL scholarship athletes being required to pay income tax on their entire scholarship ... not some, but all at all levels .. right ? The colleges will have to pay even more, over and above, so that the after-tax net is enough to cover everything. Same for COA stipends .. tax those too.
Either they are Employees or they are student-athletes. Now let's see how the majority of scholarship student-athletes feel about paying income taxes, so that only the most elite can get an even bigger paychecks over and above their currently tax free schollie. 99% of you college athletes will never play professionally. But you will still get your tax-free college degree to earn a better living than most. Maybe just say thank you for the free degree and the chance to continue playing the sport i have played my entire life ... but now I head into real world outside of sports.
Pick one or the other ... Employee or student-athlete .. you don't get the best of both worlds.
Such a slippery slope ....