The big issue is about money. My solution? Use the music industry model. Especially the PRO the route.
If you don't know what a PRO is, it's the group that monitors live performances (performing rights organization).
There is also something called the "blanket license" where (mostly radio stations) will pay PRO's a fee to play what is in part of their catalog.
The fees for the Blanket License gets paid towards the songwriters/publishers involved by the PRO's.
So imagine this:
The songwriters are the athletes
The publishers are the schools (athletic department)
Each school is part of an (Collegiate Athlete Rights Organization) represented by a "conference" ...this would be the PRO's.
Radio, TV(espn),. would purchase the "blanket license".
There would be a sliding scale for athletes. The longer you are part of a school, the bigger the "payout" is.
So there is an incentive to actually stay in college.
redshirt -- 2 percent
1 year --- 4 percent
2 year --- 6 percent
3 plus --- 10 percent
For instance if DUKE gets 100,000 for their Basketball program, they have to pay Zion 4 percent which estimates to 4k. Yeah it's not a lot, but it's better than zero.
In order to make this work, there has to be another organization involved handling any type of money.
If you don't know what a PRO is, it's the group that monitors live performances (performing rights organization).
There is also something called the "blanket license" where (mostly radio stations) will pay PRO's a fee to play what is in part of their catalog.
The fees for the Blanket License gets paid towards the songwriters/publishers involved by the PRO's.
So imagine this:
The songwriters are the athletes
The publishers are the schools (athletic department)
Each school is part of an (Collegiate Athlete Rights Organization) represented by a "conference" ...this would be the PRO's.
Radio, TV(espn),. would purchase the "blanket license".
There would be a sliding scale for athletes. The longer you are part of a school, the bigger the "payout" is.
So there is an incentive to actually stay in college.
redshirt -- 2 percent
1 year --- 4 percent
2 year --- 6 percent
3 plus --- 10 percent
For instance if DUKE gets 100,000 for their Basketball program, they have to pay Zion 4 percent which estimates to 4k. Yeah it's not a lot, but it's better than zero.
In order to make this work, there has to be another organization involved handling any type of money.