Yeah, good question. I wonder if it's a minimum 5,000 for each year of eligibility or for the whole time?How did they come up with the $5,000 limit?
How did they come up with the $5,000 limit?
A trust fund will be created for athletes where they will get paid for the likeness in whatever endeavor.
What legal basis is there to support a trust fund? These athletes are generally 18 years old and considered legally to be adults for most purposes.
Also, since the judge said the NCAA is violating anti-trust laws by restricting the compensation that can be made by the athletes for their likeness, doesn't that mean the athletes will be able to sign sponsorship deals outside of the NCAA, since the NCAA can no longer restrict this?
read the decision. That's exactly what the judge ruled should happen. I'd say a judge's ruling pretty well constitutes a "legal basis."
I did read her decision. Her ruling on the trust fund has no legal basis, which is why it will be challenged and struck down. Talked with a lawyer tonight who couldn't do much more than just laugh at the silliness and inconsistency of this ruling, and predicts that it will generate numerous lawsuits that will chip away at any limits and restrictions imposed by the ruling. Kind of what Dodd was saying.
About the only way the trust fund and any limits can remain in place is if the players unionize, and then are subject to collective bargaining (such as with pro sports). The union could then agree to limits on compensation for likeness, and it would be binding.
I'd be a little ****** as a lineman blocking for a star back that was getting paid and I might not block so well if he wasn't giving me some kickbacks from the jersey sales he is profiting from secondary to my blocking. Bad decision unless they pay all. You can't just pay the stars that jerseys are sold for in a team sport!
I'd be a little ****** as a lineman blocking for a star back that was getting paid and I might not block so well if he wasn't giving me some kickbacks from the jersey sales he is profiting from secondary to my blocking. Bad decision unless they pay all. You can't just pay the stars that jerseys are sold for in a team sport!