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Claire Oh Nette

(2,636 posts)

14. And the compounded interest on that 75% being held?

Reply to jimfields33 (Reply #4)

Thu May 6, 2021, 08:26 PM

May 2021

Why not allow the athletes who score endorsements keep their 25% while in school and set up a individual trust they can access after they leave school? WHat's the University's management fee for this plan? What interest will be kept by the school?

Kemp's allowing wage theft. The SEC and UGA already negotiate fat TV cable and radio contracts, as well as shoe contracts for their athletic teams.

Some questions: Does the kid who goes pro get his deferred payment when he leaves, or when he graduates? From that institution, or the one he goes to during the off season to finish his degree after he's turned pro early? What about the kid who tears up an ACL or a rotator cuff in his junior season, who loses his scholarship?

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26 replies

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Highlight:

New Georgia law legalizing college athlete endorsements also allows schools to take athletes' money [View all] Jose Garcia May 2021 OP

OMG that is pure evil! Initech May 2021 #1

They get a check upon graduating jimfields33 May 2021 #4

Yo man, I'd think that all of what they actually earned would be even more helpful to them... LanternWaste May 2021 #8

And the compounded interest on that 75% being held? Claire Oh Nette May 2021 #14

Let's just stop pretending that they are student athletes.... TheRealNorth May 2021 #2

Right...This is disgusting at all levels Escurumbele May 2021 #7

Don't see a real problem with that. Players will go where they can increase their exposure and Hoyt May 2021 #3

FFS - just a little less slavery there - taking 75% of endorsements. This clause is B.S: kysrsoze May 2021 #5

upon graduation. Claire Oh Nette May 2021 #15

Wrong onenote May 2021 #21

Per the article: Claire Oh Nette May 2021 #22

See post 18 onenote May 2021 #24

Saw that. Thanks. Claire Oh Nette May 2021 #25

It was enacted with unanimous Democratic support. onenote May 2021 #26

This could destroy college athletics in Georgia kimbutgar May 2021 #6

If the hold back provision hurts recruitment, it won't be exercised. onenote May 2021 #19

First it was the Olympics, now it is college, soon will be High School, and who knows where it stops Escurumbele May 2021 #9

I would think this would still run afoul of NCAA rules... TheRealNorth May 2021 #10

That sounds suspiciously like socialism! sdfernando May 2021 #11

A high percentage of the athletes in the major sports, football and basketball, never graduate. everyonematters May 2021 #12

No they would't onenote May 2021 #20

A question I have always had re: college athletes DENVERPOPS May 2021 #13

Based on my buddy who kicked for BYU until he blew his knee during preseason practice? Claire Oh Nette May 2021 #16

I hope someone who knows DENVERPOPS May 2021 #17

Lots of comments here from folks who haven't bothered to read the law onenote May 2021 #18

INteresting Claire Oh Nette May 2021 #23