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Replies: 11
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Athletic Dir [884]
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LIOs could be 5 year Contracts
Dec 7, 2023, 6:21 PM
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Why wouldn't the players and institutions gravitate towards a system where the Letter of Intent was also a contract binding the athlete to participate with the school for 4 seasons in 5 years? The amount of NIL could also be part of the LOI and include escalators for performance? There could still be a cap on the number of LOIs a school could have that works much like the 85 scholarship limit does now in football. I'm sure I've over simplified it. Why could that not work?
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Hall of Famer [22367]
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How would that stand up in the courts?
1
Dec 7, 2023, 6:41 PM
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I'm no lawyer, but I don't think that financial aid to attend a university is a legally binding contract.
Now, if 40 schools break away from the NCAA and agree to set up a system like the NFL, with players being employees who have the right to unionize and collectively bargain, then the union and the schools could hammer out a legally binding system.
Looks like that is where we are heading, unfortunately.
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Letterman [278]
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Re: How would that stand up in the courts?
Dec 7, 2023, 6:53 PM
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It does appear that way now.
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Orange Blooded [4018]
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Financial aid counts as consideration
Dec 7, 2023, 6:57 PM
[ in reply to How would that stand up in the courts? ] |
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Companies do it all the time to aid in retention
They pay for an employee’s mba, and then make them commit to staying (or else they have to pay the money back)
The problem is that if an employ lacking integrity leaves early and fails to pay, the company has to sue, and it usually cost more money to pay the lawyers than it would to just write it off
Colleges have the advantage of being part of the NCAA. There could be a rule that says to be eligible, player must have paid their scholarship back or be released by that school
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Orange Blooded [4276]
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Re: Financial aid counts as consideration
Dec 7, 2023, 10:44 PM
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Technical phrase is indentured servitude
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Orange Blooded [4018]
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Re: Financial aid counts as consideration
Dec 8, 2023, 7:00 AM
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Nothing stopping anyone from paying their own way
Employees can pay for their MBA
Players can pay their tuition, room & board
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Orange Blooded [4150]
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Re: How would that stand up in the courts?
Dec 7, 2023, 7:42 PM
[ in reply to How would that stand up in the courts? ] |
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Personally I do not want Clemson to join the breakaway group of ### school to be a farm team for the NFL. But, I recognize that I do not have a vote. Hopefully the State Legislature will not allow this to happen. I do not want my tax dollars to be spent on a farm team. If folks want a farm team let the public pay for it not taxpayers.
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Rock Defender [54]
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110%er [5087]
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no chance - would make entirely to much sense...
Dec 7, 2023, 6:45 PM
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Too busy plucking the golden goose now - fully committed to frying that gander
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All-In [29036]
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Not gonna happen (under current reality)
Dec 7, 2023, 6:53 PM
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School’s very much don’t want players to be considered employees and that step would be necessary for contract consideration. Eventually that hurdle will be crossed, but only with schools and the NCAA being dragged along.
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All-TigerNet [10936]
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Re: Not gonna happen (under current reality)
Dec 8, 2023, 12:43 AM
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Can you imagine the workman's comp costs due to the job related injuries?
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Orange Blooded [3639]
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This is a total non-starter
Dec 7, 2023, 8:36 PM
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I don't think anything that would restrict players to this extent will never happen. It's too extreme.
However, in theory, NIL agreements can have disincentives that penalize players monetarily for leaving a school. The problem is the market is very competitive.
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