In order for this act to go into effect properly, there will have to be some solutions to it. While sitting down and being able to talk to Robert, we came up with some solutions that will help the act if it does come into effect.
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- Equally disburse the sponsorships and endorsements between athletes
- Ex: jersey sales; if the university is making an estimated $500,000 in jersey sales per year, there needs to be a certain percentage that is going to go to the athletes and this includes EVERYONE! Including the third string quarterback.
- The act is only for Division I athletes so most athletes will be aiming for those certain schools in California. Try to break it up with Division II and III. The difference between each division is tremendous and will only get worse.
- There will have to be a bill in each state in order to allow the fairness in conferences to happen. If there is only certain states with this bill, the competition will not be evened out.
- Put the athletes through some type of financial planning. They would be receiving millions of dollars at 18 or 19 years old and will have to be educated on how to manage your money.
- Lastly, they would have to go to school for two years minimum. No more "one and done" rule. These athletes signed with the school and the sponsorships so they must have some type of education even if it means just an Associate's Degree. This will help the athlete secure a job after they are doing playing and not be standing in the dark.
Nicole, I totally agree on your ideas. I like the idea of athletes getting an economic compensation for all their effort. They deserve it. It is not fair that we all enjoy seeing them play and have fun, and they don't get anything back. I hope that all your proposals with turn into reality one day! Good luck with these ideas!
ReplyDeleteI agree that college athletes should be compensated but I think there is going to be a lot of regulatory challenges. You are right that if the states start implementing their own rules then there will be an enormous recruiting advantage for those states. I also think that it will be difficult to evenly distribute the proceeds across all programs because the revenue is mostly earned in Football and Basketball.
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