OT - NCAA & Players' Benefits Changing

[WildCard]

SC ruled today in favor of student athletes against the NCAA. Collegiate sports are about to change as we know it.

Edited June 21, 2021 by WildCard

[sabresparaavida]

So what are unpaid internships then?

[Broken Ankles]

14 minutes ago, sabresparaavida said:

So what are unpaid internships then?

Almost all Internships are fully paid.  Fair market, maybe not but definitely paid. 

[thewookie1]

56 minutes ago, sabresparaavida said:

So what are unpaid internships then?

Usually they have other things attached such as college credit.

[sabresparaavida]

1 hour ago, thewookie1 said:

Usually they have other things attached such as college credit.

Yeah, but a lot of NCAA players have scholarships/room and board covered. Additionally, athletes have a higher chance of getting into good colleges when compared to peers with similar academic standing. 

I’m not saying college players shouldn’t be paid, btw, just playing the devil’s advocate. 

Also, the majority of college sports are losing money for their colleges, if the NFL was losing money, they wouldn’t be paying players for long

[steveoath]

NCAA revenue figures

I didn't fully appreciate how much the NCAA makes. Pre covid roughly a billion dollar industry.

 

[sabresparaavida]

5 minutes ago, steveoath said:

NCAA revenue figures

I didn't fully appreciate how much the NCAA makes. Pre covid roughly a billion dollar industry.

 

That’s only revenue though. The cost for schools is well over a billion for their athletic teams.

[thewookie1]

If anything, players should be allowed to sign stuff and sell it without the. NCAA breaking down their doors. I don’t think they should get wages but perhaps some type of stipend at season’s end based on a percentage of the money they helped earn the school.

[Taro T]

Kind of torn on this as a few players in less than a handful of sports make a ton of money for their schools & the NCAA and they DO deserve to get a piece of that.

But the vast majority of sports & students within their sports do not make money for those organizations but rather cost them money.  Take money out of the pie for the handful of athletes that do generate money & it'll likely come at the expense of those other sports.  And many more college athletes will lose out because of this.

On a slightly different note, it'll also be interesting to see what, if any, lawsuits end up arising out of Title IX and other such programs when the system(s) rising up out of the old one's ashes do arise, as really doubt nearly as many female athletes are in college sports that do earn money as there are male athletes.

[GASabresIUFAN]

NCAA RIP

[Eleven]

Just now, GASabresIUFAN said:

NCAA RIP

Nope.  Just the R.

[GASabresIUFAN]

5 minutes ago, Eleven said:

Nope.  Just the R.

Rest In Pieces?

[Eleven]

21 minutes ago, GASabresIUFAN said:

Rest In Pieces?

Just rest.  The NCAA has been stupid for a long time.  I'd rather more scholarships for future scientists and leaders and fewer for guys who can catch a ball but not do much else.  These are supposed to be educational institutions, and our taxes fund them.

There really is no need for a nationally-funded and state-funded training camp for football and basketball players.

Edited June 22, 2021 by Eleven
autocorrect went training for trading.

[I-90 W]

Wonder how this will impact the upcoming and long awaited NCAA football game that is expected in the next couple years.

[woods-racer]

Seems to be a belief that this ruling also paves a way for the IRS to be able to *tax* the benefits student athletes receive as they will now be considered *employees that are being compensated*.

[Curt]

47 minutes ago, woods-racer said:

Seems to be a belief that this ruling also paves a way for the IRS to be able to *tax* the benefits student athletes receive as they will now be considered *employees that are being compensated*.

That makes sense.  Income is subject to income tax.  I don’t see how they would tax things like scholarships or meal stipends though.

[Thwomp!]

Was listening to the radio and it also sounds like it opens the doors for extra benefits.  All the top notch stuff that Alabama or Ohio State will be able to offer athletes will be much more than anything Buffalo or the MAC offers.  The playing field will be even more unlevel between the Power 5 and the rest of college sports.  Just in time for that 12 team playoff proposal to show up.  Coincidence?

[woods-racer]

20 hours ago, Curt said:

That makes sense.  Income is subject to income tax.  I don’t see how they would tax things like scholarships or meal stipends though.

If you are getting compensation for performing tasks then you are in an employee/employer relationship.

[JoeSchmoe]

44 minutes ago, woods-racer said:

If you are getting compensation for performing tasks then you are in an employee/employer relationship.

It would be easy to make the benefits tax exempt.

[JoeSchmoe]

I think the concept of the NCAA as a minor league for sports is absolutely ridiculous. 

If there were 1200 kids at my high school... probably 200-300 were in no way, shape, or form university capable (college in the US).

But in the NCAA, every single kid that shows some prowess in basketball or football is somehow capable of going to university and actually passing their courses?!?!?!

It's good that baseball and hockey have legitimate junior and minor league systems for non-university "educatable" athletes.

Instead of the XFL and USFL football leagues, i think the real money for a 2nd pro football league would be to compete against the NCAA. Essentially a junior football league (say 23 and under) where you actually pay the kids. They would also be free to earn all the endorsement money they could get.