NCAA adopts $2k Pocket Cash to Scholly Athletes

[Ohio Vol]

This sucks for the smaller schools and is a problem. I hate hearing the "players shouldn't be treated different than regular school kids" but in reality, it's the only fair thing to do. Regular college kid has the option of getting a part time job when I would imagine the time schedule for most of these players make it impossible.

Sure, the regular college kid can get a job...and it still won't keep him from racking up six figures of student loan debt in the process. How many college athletes deal with that reality?

And, of course, when he goes and enters the job market, he's just another anonymous college graduate...and he's going against someone who made a name for himself in the previous four years and is already known.

Basically, this is one step closer to Diane Katzenmoyer's brilliant idea, which was that colleges should have a "pro sports" major for the kids who had that as their career goal.

 

[therealUT]

I do not understand what keeps college athletes from applying for cost of living loans. Are such options prohibited by the NCAA?

 

[Volfan76]

Bad day for college football.

 

[ukvols]

this is from the article. Looks like only the full scholly athletes.




I see this as a huge problem.

I saw that it is only for athletes on a full scholly. My question is whether or not all full-scholly athletes would get it. Can you give it to 1 football player without giving it to all 85? Can you give it to every football and basketball player without giving it to athletes in "olympic" sports?

 

[ukvols]

I do not understand what keeps college athletes from applying for cost of living loans. Are such options prohibited by the NCAA?

I wonder the same thing.
I guess it's prohibited.

I think schools have a maximum total amount about FAFSA money to distribute and that being the case, it can be said that the athletes who are already on a full ride don't need that money as much as other students.
Private loans might be considered an improper benefit. If an agent can't loan a bunch of money on favorable terms, then how can Wells Fargo?

 

[ukvols]

It won't just be fans paying for it through higher ticket prices, it'll be students through increases in compulsory fees.

In 2010, there were three MAC schools whose head coaches made more than $375,000 in the year, with the highest-paid being slightly more than $500,000. The MAC, which has always been a breeding ground for great coaches to get their start at the college level, already sees several talented coaches leave on an annual basis to make a lateral move with a much higher salary elsewhere. What would it mean for the MAC if they're forced into something like this? (Yes, I know that currently no one is "forced", but when players considering a chance to start at Central Michigan end up sitting the bench at Indiana for the extra cash, we'll see how long that lasts.)

Hell, why not just eliminate scholarship limits while we're at it? The NCAA clearly has no problem helping out the larger schools "if they can afford it"...why not give them a bump up to 105 scholarships? Why not 125? 150? After all, if they can absorb the costs (and pass it off onto fans or other students) and it means possibly being more competitive, why restrict what they can do now?

FYP: Walk-ons don't get the 2k benefit, but your point was still made.

I agree that the 2k will influence the decision, but only to a point. The opportunity to start is probably worth more than 2k to a lot of kids. I think the 2k benefit will hurt a mid-major school's depth more than its starters.

 

[ukvols]

One more post.

I wonder if the 2k will be spread out over the year.
If you just drop 2k into a kid's hands all at once, it may be gone on a quick impulse purchase, and then the 2k benefit doesn't accomplish the intended effect.

 

[DeerPark12]

One more post.

I wonder if the 2k will be spread out over the year.
If you just drop 2k into a kid's hands all at once, it may be gone on a quick impulse purchase, and then the 2k benefit doesn't accomplish the intended effect.

That will be up to the schools, the same way room and board payments are now. Some schools pay monthly so students can pay their rent, while some give out a lump sum at the beginning of each semester.

 

[onevol74]

Another wealth distribution plan. Maybe they can put a special tax on NFL player's salaries to pay for it.

 

[milohimself]

I agree that it is conference by conference; however, the pool of talent that will now be available 2 and 3 deep to big time programs will result in overwhelming advantages.

That's exactly what I'm saying. Right now, a kid can go be second or third string at a major program, or go start in the MAC or WAC. The choice then becomes starting at a mid-major, or riding the pine at a major program... Plus a couple extra grand in the pocket.

 

[zjcvols]

I just love the NCAA.

"Okay, okay. We don't want lawsuits or anything. So we'll give 2K...but it has to come from the conferences as a vote and from the programs as we continue to make 750 million off the NCAA tourney and give nothing to the athletes."

 

[GatorBill]

I do not understand what keeps college athletes from applying for cost of living loans. Are such options prohibited by the NCAA?

They are not only available, but encouraged by tNCAA.

This is my argument, right on the nose. The funds are already available. If there is financial need, they can get the money through the proper channels. If there is no financial need, then maybe the parents need to send their kid some money once in a while.

I put money on my kids vol card once a month (she hasnt figured it out yet because she lives in a dorm and doesnt spend a lot of money). I just dont understand the need for more than the scholarship already provided.

 

[GatorBill]

I wonder the same thing.
I guess it's prohibited.

I think schools have a maximum total amount about FAFSA money to distribute and that being the case, it can be said that the athletes who are already on a full ride don't need that money as much as other students.
Private loans might be considered an improper benefit. If an agent can't loan a bunch of money on favorable terms, then how can Wells Fargo?

sorry I should have muti quoted you on my previous post. If they can show the financial need, they can get the loan. I know of MANY football and basketball players who do this. It is as simple as filling out the fafsa and following through.

 

[ukvols]

sorry I should have muti quoted you on my previous post. If they can show the financial need, they can get the loan. I know of MANY football and basketball players who do this. It is as simple as filling out the fafsa and following through.

That's good to know.

And, the players who end up in the pros would obviously have no trouble repaying that debt.

 

[therealUT]

I wish the NCAA would have done the exact opposite; I wish the NCAA would have listened to these complainants, who show no regard for the value that many place in university education, and then motioned to do away with athletic scholarships entirely. If these athletes do not appreciate the benefits and opportunities they are being awarded with, then get rid of them.

 

[Dr.Vol]

The problem would most easily be solved by just letting people go pro right out of high school, or having minor leagues.

 

[therealUT]

The problem would most easily be solved by just letting people go pro right out of high school, or having minor leagues.

There is little to no incentive for the NBA and the NFL to have actual farm systems. The NCAA is testing and developing high school talent for the NBA and NFL, respectively.

 

[Dr.Vol]

There is little to no incentive for the NBA and the NFL to have actual farm systems. The NCAA is testing and developing high school talent for the NBA and NFL, respectively.

I don't disagree with that at all. Right now the NFL and NBA have it made with the current system.

My point was that one way to address the issue was to just let these guys go pro and get paid if they are going pro anyway. If they want to choose college instead, that's even better. But I say give them a choice - if they are that valuable to a pro team, let them go get paid - but you lose amateur status. It's one or the other.

 

[Elhanan]

You must be a fully scholarship athlete to get the $2000. Im sure there is a lawsuit coming from some kid in an olympic sport that puts in the same time, but is on partial scholly. Or No scholly.

Swimming, Softball, Rowing...Baseball, Track and field. . . Lacrosse. . .

This will get interesting.

DI Board of Directors adopt changes to academic and student-athlete welfare - NCAA.org

The amount of work these young adults put in, both on and off the field, they deserve every penny. IMO they honestly deserve more.

 

[KoachKletus]

Basically, welcome to the semi-pros for collegiate sports. That is exactly what the NCAA just allowed. If full scholly athletes are "paid" an extra stipend - just because of their athletic abilities - does that not put them into pro status? Bet the Olympic committee will look long and hard at this one.

 

[ukvols]

The Olympic committee already allows pro basketball players.

 

[NashVol11]

I wish the NCAA would have done the exact opposite; I wish the NCAA would have listened to these complainants, who show no regard for the value that many place in university education, and then motioned to do away with athletic scholarships entirely. If these athletes do not appreciate the benefits and opportunities they are being awarded with, then get rid of them.

Great idea. The athletes should have to pay their own way to schools that make millions off them. Genius.

 

[NashVol11]

NOTE: Im not really arguing this point for my kid, I dont care, and she doesnt care about this money personally. But there are other kids competing for this university that put all of their time into their sport. They dont work because they cannot find the time.

AND, if you are paying your own damn way for school, like a lot of kids are, why are you not entitled to the money just like the kid that is getting his/her schooling for FREE?!?!

Probably because they're choosing to give up their free time and walk on rather than being pretty much contractually obligated to play a sport as long as they're at that school.

Paying the walk-ons would make this an even bigger mess, and would probably result in a lot of those kids simply not making the team in the first place.