Paying Student Athletes
Posted: October 28, 2016/Under: Perspective
What’s in it for me? The discussion is becoming much more mainstream in regards to student athletes thanks to several lawsuits and events that have happened in the past few years.
This episode discusses whether student athletes should be paid, is there a way for them to be compensated for their NIL rights and why you’re not getting any sympathy from me.
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Scroll below for links and show notes…
Selected Links from the Episode
- Sam Keller settles lawsuit
- Supreme Court will not hear Ed O’Bannon case
- EA Sports Lawsuit
- Josh Rosen on UCLA’s new Under Armor deal
- New NBA Draft rules for NCAA athletes
- Nigel Hayes returns back to school
- Brandon Jennings path to the NBA
- College GameDay
- Nigel Hayes on ESPN Gameday
- Venmo
- Nigel Hayes rips the Big Ten for their revenue
- UW-Madison cost of tuition
- Cost of Attendance stipend
- Increase of healthcare premiums due to Obamacare
- College athletes sign away NIL rights
- The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings by Census
- Cracking the Cartel by Theodore Ross
- Student athletes are the new indentured servants
- School’s ability to pay for college sports program
- Pacific University brings back football to help increase revenue
Show Notes
- Ed O’Bannon & Sam Keller submits a class action lawsuit for NIL [02:33]
- Student athletes are not allowed to get paid under the current jurisdiction of the NCAA [03:51]
- The supreme court will not hear the Ed O’Bannon case to get student athletes paid [05:05]
- The perception is that the NCAA is not a non-profit organization as a result of the money they make [06:13]
- EA Sports lawsuit is settled with $60 million being distributed to NCAA athletes [06:57]
- Josh Rosen and his Instagram post in reference to the Under Armor apparel deal that UCLA signed [08:51]
- Nigel Hayes the individual that caught Jesse’s attention of paying student athletes [09:38]
- The scouting process of gathering information prior to declaring themselves for the NBA Draft per the new NCAA rules [11:07]
- Nigel Hayes attends College GameDay [14:59]
- Comparing the Big Ten conference and their revenue to his scholarship [18:43]
- All the extra benefits that Nigel Hayes gets as a Division 1 athlete [19:21]
- The main issue is NIL: not being able to make money off the name, image and likeness [24:58]
- The numbers from the Census regarding what students make upon graduation [25:46]
- Student athletes shouldn’t be paid [31:25]
- It’s hard to have a differing perspective when you don’t have the opportunity to see things from their side [31:52]
- The difference between Nigel Hayes and other students [35:14]
- Universities bringing in additional sports programs to help increase revenue [36:08]
- The cost implications for universities providing for student athletes [38:52]
- Cost, deficit, and funding, but what are the implications of making changes [40:38]
- Without student athletes the university may not even exist [41:52]
- Find a way, with the NCAA and keeping athletes an amature, to allow student athletes to collect NIL funds [43:17]
- You’re not going to get any sympathy from people because of your situation as a student athlete [46:03]
People Mentioned
- Sam Keller
- Ed O’Bannon
- Josh Rosen
- Nigel Hayes
- Jean Dahlquist
- Darius Miles
- Andrew Bynum
- Lebron James
- Kobe Bryant
- Kevin Garnett
- Brandon Jennings
- Colin Kappernick
- Mark Zuckerberg
- Theodore Ross
- George W Bush
- Johnny Manziel
- Donald Trump
- Mike Efird
Anyone doing work with their work giving an organization a big profit would be paid.
Harry – What is classified as ‘being paid’? In the case of Nigel Hayes, he’s getting $160k free tuition on top of free healthcare, free clothes, free food, free travel, a free room and a stipend of $1,500/mo – $4,200/yr. If you paid him an hourly rate, or a salary like at an organization, then he’d have to pay for all of his own expenses. Also, how do you justify how much he should get paid if you’re going to? Wisconsin basketball is going to sell out whether Nigel Hayes is a part of the organization or not. My personal preference, is I would prefer option one rather than having to pay for everything on my own simply because I get a check.