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Big money ruining college sports has been solved; maybe


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Posted

With everything being above board, isn't transparency part of the resolution in that now we can see exactly the worth of a player and their compensation, with receipts?  That doesn't sound broken. So Congress or whatever governing body can now look at the actual books and see compliance.  WTF are we even discussing now?  How can anybody express interest in a former shady system where everybody can point to bagmen, agents, unaccounted for cars and homes--that was still unequal?  There's nothing to see here, it's not going back and there's a slew of prospective athletes and families that agree.  The only return will be in a few years when the spending is bankrupting departments/universities, which will happen.  And that's fine, it'll evolve into something else. 

Posted (edited)

Transparency about what? This is what is so dumb. What is fair market value and what is pay for play? If Big Red Sports and Imports wants to pay the qb $10M to show up for 20 minutes and sign a few autographs who is to say that’s not fair value? Or more importantly, why even pretend that “pay for play” isn’t happening or is bad? Isn’t fair market value what the market is willing to pay? If Cody what’s his name wants at Tech wants to pay $2M to a rb and outbids aggy isn’t that the definition of market value? Pretending that it isn’t pay for play is where this whole thing becomes absurd.

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Edited by 'stache
Posted
14 minutes ago, 'stache said:

Transparency about what? This is what is so dumb. What is fair market value and what is pay for play? If Big Red Sports and Imports wants to pay the qb $10M to show up for 20 minutes and sign a few autographs who is to say that’s not fair value? Or more importantly, why even pretend that “pay for play” isn’t happening or is bad? Isn’t fair market value what the market is willing to pay? If Cody what’s his name wants at Tech wants to pay $2M to a rb and outbids aggy isn’t that the definition of market value? Pretending that it isn’t pay for play is where this whole thing becomes absurd.

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Excellent point about FMV.  The ultimate determinant of FMV is willing-buyer/willing-seller and so it is not a very helpful measure in this context.

I think the phrase they're looking for is "commercially reasonable."   Because most NIL deals aren't commercially reasonable from the standpoint of the player's name, image, and likeness. 

What's being purchase is not NIL, but prospective and current athletic ability.  It's a bag.  A bag delivered in the open, mostly, with a company logo and some decorative fringe on it, but a bag nonetheless.

But even with a different measure, like "commercially reasonable," I don't think there's any principled way of determining it.  What people correctly Intuit is that no reasonable company would pay these sums of money for the NIL and promotional efforts of a mostly unknown college athlete.  But how you sort what is a reasonable NIL payment from the bag portion is nearly impossible.

Posted (edited)
16 hours ago, TornACL said:

How could any Texas fan possibly want regulation? We saw for 50+ years that the NCAA can't police itself effectively. 

Swing open the doors, and let the teams with the most money do what they can do. Hint: We're the ones with the most money. You fucking idiots.

Well, once this becomes the subject of actual law, it is conceivable that authorities could take criminal and civil enforcement action against violators.  And, if the law permits, private civil suits by those damaged by violations.

One notable thing about most state NIL laws:  they provide no penalty.  It is implicit in most of them that as long as they are complied with, athletes keep their eligibility and universities stay above board, both of which seems to rely on the NCAA for those determinations and enforcement.

The problem with the NCAA is that it exists and existed by and with the consent of member institutions.  It was disincented from taking severe action against too many of its similarly situated constituents.

But once there is state-sponsored enforcement, that may change.  But then the state, presumably the federal government, is going to have quite a mess on its hands and be pretty busy monitoring compliance and enforcing.  It will probably require a new agency.

Something needed to change, but I think finding that amateurism was insufficient justification for the collusive action of the NCAA was the wrong way to go about it.  It just created Thunderdome.

EDIT TO ADD:  It is regulation, a line between the legitimate and the illegitimate, that enables Texas to participate.  For better or worse, Texas decided as an institution to stay on the legitimate side of the "line" when there was barely any line at all.  Now that the line is more clearly discernible, we're all in.  But we're also seeing a bunch of schools willing to be on the other side of the line again, or at least straddling it, and we may be suffering for it.  More regulation with enforcement can only help Texas given its current and historical position on the matter.  But enforcement is a sticky wicket.

 

Edited by TwiceHorn
Posted
47 minutes ago, TwiceHorn said:

The problem with the NCAA is that it exists and existed by and with the consent of member institutions.  It was disincented from taking severe action against too many of its similarly situated constituents.

Maybe to you, but it still smells bad to me. 

Posted

Compliance?

 

Lolz.  Y'all some optimistic mofos.  Let's ignore the history of college athletics and pretend our sudden shangrila actually exists because we made up some rules.  
 

Pass that shit around, yo!

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