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GEORGIA NAME IMAGE AND LIKENESS LAW

Volatility

Senior
Jun 27, 2018
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Charleston WV
www.equitysciences.com
West Virginia needs to pass a similar law, or we will be left behind. I actually like Georgias version, as 75% of "taxed" and spread equally to all other players upon graduation.

The issue we need to prevent is some booster buying 10000 jerseys, shirts, etc with a certain players likeness as a back-channel way to recruit them. In essence, we need to prevent a form of money laundering / payoffs / bribing.

I think each player should be given a set max. This way no state/university/program/conference can use this in recruiting.

Each player can earn up to $50K per year from NIL, anything over that amount is put into a trust, which is then equally divided among other players. States will try to write better laws, to give their programs an advantage, which is why the NCAA must have authority over all state laws.

Companies like video game makers, should pay a annual license fee, per player basis. Lets say $1K per player, per year, all player NIL licence fees are then combined and paid out annually & equally among all scholarship players.

However its done, it needs to be insightful, fair to all players(not just skillset positions), and not allow any program/state/conference to have an advantage.
 
West Virginia needs to pass a similar law, or we will be left behind. I actually like Georgias version, as 75% of "taxed" and spread equally to all other players upon graduation.

The issue we need to prevent is some booster buying 10000 jerseys, shirts, etc with a certain players likeness as a back-channel way to recruit them. In essence, we need to prevent a form of money laundering / payoffs / bribing.

I think each player should be given a set max. This way no state/university/program/conference can use this in recruiting.

Each player can earn up to $50K per year from NIL, anything over that amount is put into a trust, which is then equally divided among other players. States will try to write better laws, to give their programs an advantage, which is why the NCAA must have authority over all state laws.

Companies like video game makers, should pay a annual license fee, per player basis. Lets say $1K per player, per year, all player NIL licence fees are then combined and paid out annually & equally among all scholarship players.

However its done, it needs to be insightful, fair to all players(not just skillset positions), and not allow any program/state/conference to have an advantage.

Why should it be fair?

Earners shouldn't be forced to redistribute their income to non-contributors.

Are you willing to place similar restrictions on your own income?
 
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West Virginia needs to pass a similar law, or we will be left behind. I actually like Georgias version, as 75% of "taxed" and spread equally to all other players upon graduation.

The issue we need to prevent is some booster buying 10000 jerseys, shirts, etc with a certain players likeness as a back-channel way to recruit them. In essence, we need to prevent a form of money laundering / payoffs / bribing.

I think each player should be given a set max. This way no state/university/program/conference can use this in recruiting.

Each player can earn up to $50K per year from NIL, anything over that amount is put into a trust, which is then equally divided among other players. States will try to write better laws, to give their programs an advantage, which is why the NCAA must have authority over all state laws.

Companies like video game makers, should pay a annual license fee, per player basis. Lets say $1K per player, per year, all player NIL licence fees are then combined and paid out annually & equally among all scholarship players.

However its done, it needs to be insightful, fair to all players(not just skillset positions), and not allow any program/state/conference to have an advantage.

The NCAA must have authority over actual US States? WTF.

In what universe do we give a nonprofit regulatory association authority over individual state legislators?

The NCAA needs to be dissolved. It has zero authority and no enforcement capabilities.
 
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Why should it be fair?

Earners shouldn't be forced to redistribute their income to non-contributors.

Are you willing to place similar restrictions on your own income?
Because a players productivity is not solely based on his ability/talent, but also the TEAM surrounding him. This would be more of a "Partnership Agreement" among all players.

Just like in a Partnership business, profits are split according to the partnership agreement. This is a common practice in the business world from a revenue/profit sharing perspective. Its also common in the sales industry. When you make a sale, you dont get 100% of the profits, you have to split it with the business & other non-commission employees.

There are many free market examples of revenue/profit sharing, far to many to list. This is no different.
 
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The NCAA must have authority over actual US States? WTF.

In what universe do we give a nonprofit regulatory association authority over individual state legislators?

The NCAA needs to be dissolved. It has zero authority and no enforcement capabilities.

Yes, if states all have different laws, this creates an unfair advantage, and would likely further the divide between the top 10 programs and everyone else.

NCAA already has authority over many aspects of student athletes. You're being a bit of a forum drama queen bro. Relax, Im not a socialist.

NCAA is not the NFL... They dont get a draft... They have recruiting. In order to keep NCAA fair, all NCAA rules should be set in place to ensure no state/conference/program can pay players more then others. This isnt a free market economics debate...

They are student athletes, a non professional league, and already receiving payments(Free education, food, living, resources, etc).

Now, after they graduate, they enter the free market system, where they are free to earn as much as others will pay them.
 
It's a backwards law like all the backwards laws being pushed on Georgian's that don't want those, but haven't been able to stop them due to partisan gerrymandering of districts.

But what the Georgia law will do could be good for WVU if they don't fall into the backwards thinking that created that law to rob those earning money for what they did and give it to someone else.

Georgia players are likely to have a MASS exodus out of that state to programs where the state legislators are for the people and passing progressive laws that don't allow such discrimination. --if the players money is stolen from them and passed around, it should be the same for the legislators that passed the idiotic law after all.

But, hey--great for WVU who might pick up some much needed talent and allow that talent to receive what they earn.
 
Yes, if states all have different laws, this creates an unfair advantage, and would likely further the divide between the top 10 programs and everyone else.

NCAA already has authority over many aspects of student athletes. You're being a bit of a forum drama queen bro. Relax, Im not a socialist.

NCAA is not the NFL... They dont get a draft... They have recruiting. In order to keep NCAA fair, all NCAA rules should be set in place to ensure no state/conference/program can pay players more then others. This isnt a free market economics debate...

They are student athletes, a non professional league, and already receiving payments(Free education, food, living, resources, etc).

Now, after they graduate, they enter the free market system, where they are free to earn as much as others will pay them.

I never accused you of being a socialist, but you might be...however, you are - without a doubt..a self-promoting spammer, who begs for attention with self-diluted word vomit.
 
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Because a players productivity is not solely based on his ability/talent, but also the TEAM surrounding him. This would be more of a "Partnership Agreement" among all players.

Just like in a Partnership business, profits are split according to the partnership agreement. This is a common practice in the business world from a revenue/profit sharing perspective. Its also common in the sales industry. When you make a sale, you dont get 100% of the profits, you have to split it with the business & other non-commission employees.

There are many free market examples of revenue/profit sharing, far to many to list. This is no different.

It has nothing to do with productivity...its about marketability.

Do pro athletes share their endorsement money with their teammates? Nope.
 
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It has nothing to do with productivity...its about marketability.

Do pro athletes share their endorsement money with their teammates? Nope.
They are not pro athletes.. They are more aligned as an employee of a company(NCAA), and when you work for an employer, they can implement policies for yourself & fellow employees.

Again, I align this, with respect to free market perspectives, as Student Athletes are employees of the NCAA, and using the NCAA framework(game) they are able to market & monetize their NIL. The revenues of such are divided like a profit sharing plan and/or partnership agreement.

NCAA & NFL are two very different structures... Im a 100% free market supporter & Capitalist, but I dont think the same perspectives apply here. I think the most beneficial & impactful policy is that ALL players financially benefit from NIL, and not just a handful of skillset players. You want to positively impact peoples lives, then take ALL NIL revenues, and divide them equally. OR, have a set max, then once that max is hit, its then added to a pool for all other players, this way skillset positions can still earn more then regular players.

We have to find a logical way, free from political or socio economical perspectives that allows players to benefit from NIL, while keeping the game fair to all programs, & fair to all players.

EX: One policy could be, a single player cannot be paid for marketing a product. However, an entire team can be used for marketing... Or the players they want to use for marketing, but the entire team splits the payment equally. Still tho, this would not solve equality among all conferences/states/programs.

If we go straight uninhibited Capitalism, it would be an utter disaster for college sports. It would magnify the divide between wealthy states, programs, advertising markets, and states/areas/programs who are not in a prime location. It would be a total disaster if you did not implement policies to ensure fairness & balance.

Complex problems are rarely solved from a perspective of singularity... Solely relying on Capitalism here would be a terrible mistake.
 
They are not pro athletes.. They are more aligned as an employee of a company(NCAA), and when you work for an employer, they can implement policies for yourself & fellow employees.

Again, I align this, with respect to free market perspectives, as Student Athletes are employees of the NCAA, and using the NCAA framework(game) they are able to market & monetize their NIL. The revenues of such are divided like a profit sharing plan and/or partnership agreement.

NCAA & NFL are two very different structures... Im a 100% free market supporter & Capitalist, but I dont think the same perspectives apply here. I think the most beneficial & impactful policy is that ALL players financially benefit from NIL, and not just a handful of skillset players. You want to positively impact peoples lives, then take ALL NIL revenues, and divide them equally. OR, have a set max, then once that max is hit, its then added to a pool for all other players, this way skillset positions can still earn more then regular players.

We have to find a logical way, free from political or socio economical perspectives that allows players to benefit from NIL, while keeping the game fair to all programs, & fair to all players.

EX: One policy could be, a single player cannot be paid for marketing a product. However, an entire team can be used for marketing... Or the players they want to use for marketing, but the entire team splits the payment equally. Still tho, this would not solve equality among all conferences/states/programs.

If we go straight uninhibited Capitalism, it would be an utter disaster for college sports. It would magnify the divide between wealthy states, programs, advertising markets, and states/areas/programs who are not in a prime location. It would be a total disaster if you did not implement policies to ensure fairness & balance.

Complex problems are rarely solved from a perspective of singularity... Solely relying on Capitalism here would be a terrible mistake.

They are not in any fashion or form, employees of the NCAA. They are not employees of the university.

Im not concerned with what is best for college sports. The old system didnt work, and neither will the ideas you suggest.

Just accept some players will have higher worth and it will be as fair as anything else is in life.

Take a look at what Alabama is doing, it's probably closer to what the future of college sports will be.

I'm not relying on capitalism, although there would be nothing wrong if I were, I'm relying on the fact that most of what you suggest wouldnt hold up in a court challenge....why do you think the NCAA caved so easily on this issue? Its because they knew that legally they were gonna get wrecked.
 
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“The issue we need to prevent is some booster buying 10000 jerseys, shirts, etc with a certain players likeness as a back-channel way to recruit them. In essence, we need to prevent a form of money laundering / payoffs / bribing.”

Just so I got this right, you don’t think money laundering/payoffs/bribing is going on right now in college sports? You think that only went on at SMU in the 80s and Miami in the 80s -00s? I hate to break it to you but it’s going on on every campus that plays college football and basketball and even in women’s basketball at UConn There’s not one Lilly white program in the country.
 
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Yes, if states all have different laws, this creates an unfair advantage, and would likely further the divide between the top 10 programs and everyone else.

NCAA already has authority over many aspects of student athletes. You're being a bit of a forum drama queen bro. Relax, Im not a socialist.

NCAA is not the NFL... They dont get a draft... They have recruiting. In order to keep NCAA fair, all NCAA rules should be set in place to ensure no state/conference/program can pay players more then others. This isnt a free market economics debate...

They are student athletes, a non professional league, and already receiving payments(Free education, food, living, resources, etc).

Now, after they graduate, they enter the free market system, where they are free to earn as much as others will pay them.

Georgia is just jumping the gun.

Everything out in the open

Georgia is dirty. But unlike let's say the Mississippi schools they have some money.
 
Simple solution....

Let the NFL form a minor-league or semi-pro system. Kids with real talent that sign a contract go into that system. The rest that want to and meet all the requirements can go to college. Keep it the way it is/was before. True student athletes, no different than those in the gymnastics or soccer programs.

That way, kids that go to college will choose the college rather than the "program". This should make for more equity, more excitement, and better experience from player and fan alike.
 
Simple solution....

Let the NFL form a minor-league or semi-pro system. Kids with real talent that sign a contract go into that system. The rest that want to and meet all the requirements can go to college. Keep it the way it is/was before. True student athletes, no different than those in the gymnastics or soccer programs.

That way, kids that go to college will choose the college rather than the "program". This should make for more equity, more excitement, and better experience from player and fan alike.

That doesn't seem very simple to me.

Simple to me is just letting players get paid for their image and likeness, autographs, ect.

Any money they can generate on their own...you know, like normal people do everyday?
 
That doesn't seem very simple to me.

Simple to me is just letting players get paid for their image and likeness, autographs, ect.

Any money they can generate on their own...you know, like normal people do everyday?

Yet as students that are most likely getting financial need grants, and they cannot make over a certain amount or they lose that ability. If they want to earn money, then go ahead, but treat them like other students who miss out on such need-based grants because they work a job as well as going to school. Also, any income they make should be taxed.
 
Yet as students that are most likely getting financial need grants, and they cannot make over a certain amount or they lose that ability. If they want to earn money, then go ahead, but treat them like other students who miss out on such need-based grants because they work a job as well as going to school. Also, any income they make should be taxed.

If it's income, it's taxable.

Bigger earners should form LLC's...divert the cash and put a parent as the sole member.
 
Players are getting paid.

partial from...

Pay College Athletes? They're Already Paid Up To $125,000 Per Year

by Jeffrey Dorfman

Free tuition, room, meal plans, and some money for books and miscellaneous expenses. At the bigger, more successful universities, athletes also receive academic counseling, tutoring, life skill training, and even nutritional advice. Certainly, not all student athletes are on scholarship and not all are on full scholarships but the student athletes in the revenue sports are receiving compensation in the form of educational benefits and living expenses. To an economist, this is pay.

What is commonly overlooked is that student athletes also receive free professional coaching, strength and fitness training, and support from athletic trainers and physical therapists. Football and basketball players pay $2,000-$3,000 per week for similar training in the weeks leading up to their pre-draft workouts. Using these valuations, and adding in the value of a scholarship, a student athlete at a major conference school on full scholarship is likely receiving a package of education, room, board, and coaching/training worth between $50,000 and $125,000 per year depending on their sport and whether they attend a public or private university.

On top of that, the best college athletes gain valuable publicity from playing college athletics. It is much easier for pro teams to evaluate their talent after watching their college careers and talking to college coaches they can trust for the inside story.

Having established that the athletes are not going uncompensated, let’s talk about why changing the system to include direct pay for athletes would be difficult. Only two or three sports typically make money: football, men’s basketball, and women’s basketball. The remaining sports bring in little to no revenue while still costing the colleges money.

Because of this, most athletic departments lose money. In fact, according to USA Today. Every university running a surplus is in a BCS automatic-qualifying conference. Every Division I college not in a non-major conference loses money on their athletics program. Paying the student athletes in non-revenue sports means using money generated by the revenue sports.

Questions arise in...

If you decide to only pay student athletes in revenue sports that still leads to its own equity issues. Do you pay all of those student athletes or only those that make an impact?

If pay varies with performance that puts an awful lot of pressure on student athletes that are still trying to grow up.

Should there be a cap on pay?

If payment begins and there is no cap, the bidding war among colleges for some players will be hard to control.

Are people ready for the few colleges with the financial resources getting virtually all the best football and basketball players?

Are you okay with some college athletes being paid millions of dollars in hopes that they live up to the hype from a high school sports career?

A final problem that would need to be addressed is does Title IX apply to pay for student athletes?

Unless somebody can invent a pay plan for student athletes that solves all the above problems, you will just create new problems. There is no perfect way to address the issue of the worth of a college or pro athlete to a team. That is why pro teams routinely end up with athletes whose contracts are for much more than they now appear to be worth.

Colleges are already compensating their student athletes with tuition, room, board, coaching, nutritional support, and physical trainers that can exceed $100,000 per year in value. Student athletes are already paid and the current system is pretty close to as fair as we are going to get. Paying a few of them more will not improve college sports.

- From an article 7 years ago that still applies.
- Uses economic insight to analyze issues and critique policy.
 
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Why should it be fair?

Earners shouldn't be forced to redistribute their income to non-contributors.

Are you willing to place similar restrictions on your own income?
Because unlike wrestling or track, most other sports are a team sport. HOw can any RB or QB fare well without their O line. Likewise their defenses and special teams creating field positioning? There is no I in TEAM! For once i agree with an equal distribution policy. Not to mention many of these kids are supporters of socialistic government anyway so what better way to instroduce them to it
 
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