So here's the thing with this California bill passed
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BShark said:
mayjay said:
But, but…socialism and stuff!
It’s so ridiculous that these peasants don’t want to have to spend all they have for medical care. RIDICULOUS I SAY!!!
Signed, big pharma billionaires
If you were to draw a venn diagram of the people who believe that a Purple Heart recipient was a Ukranian Double Agent and the people who think this will ruin CBB, you’d just have a circle.
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The NCAA could do the right thing, but the thing is, people that got rich off of a certain model aren’t likely to change that model if it may result in them no longer getting rich. See also, Human History We will see how the NCAA handles this.
But no need to worry. California’s law is on the books. We will likely see other state laws next year while the NCAA foot drags their way to new rules. We may still see something passed through the US House.
The NCAA could make sure they are in existence for the next 100 years, but they may also squeeze the golden goose so tightly they strangle it. Keep watching.
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Just remember the rule of unintended consequences and see me five years after this takes effect.
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HighEliteMajor said:
Just remember the rule of unintended consequences and see me five years after this takes effect.
Will do. Remember welfare economics and see me five years after this takes effect.
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How soon before all of these teams create a player marketing department? Then it’s all a part of the recruiting process. The rich get richer. Top teams will have commercials, appearances with fees all lined up for any signee. “Kansas’ tradition” that Coach Self currently sells will now be about 5% of the recruiting approach. Also, the shoe companies will sign these kids BEFORE they sign with a college. Will they be allowed to wear their shoe of choice at college? If not at least we know which kids we can’t recruit because of the shoe affiliation.
If I’m a coach of a top team I’d want a raise. This will be like running a large company even more than it currently is.
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FarmerJayhawk said:
HighEliteMajor said:
Just remember the rule of unintended consequences and see me five years after this takes effect.
Will do. Remember welfare economics and see me five years after this takes effect.
I wish I knew where you were going with that. Free market? Gov’t intervention? Redistribution?
I’ll just say that how many times does government intervene, thinking it’s helping, but in the end, it damages the situation? This isn’t food safety.
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HighEliteMajor said:
FarmerJayhawk said:
HighEliteMajor said:
Just remember the rule of unintended consequences and see me five years after this takes effect.
Will do. Remember welfare economics and see me five years after this takes effect.
I wish I knew where you were going with that. Free market? Gov’t intervention? Redistribution?
I’ll just say that how many times does government intervene, thinking it’s helping, but in the end, it damages the situation? This isn’t food safety.
Oh, I thought we were just throwing out vague statements with variations of I told you so at the end.
This will be the NCAA making its own policy about NIL. I thought you were ok with private organizations doing whatever they wanted? A more apt comparison is anti-competitive behavior from the NBA and NCAA.
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@HighEliteMajor Like for example, slashing corporate and taxes at the top of the pay scale hoping for more business investment, but then investment actually dropping? It’s as if people with money operate with the mentality that they should do everything they can to hold onto that money regardless of its affects on the market, the economy, society, etc. And to address the inevitable “you just want my money” defense, I don’t.
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@benshawks08 the biggest piece of that was tariffs on manufacturing inputs but your point makes sense. Generally fiddling around the edges doesn’t change people’s behavior in meaningful ways.
The NCAA wants to fiddle around the edges with this. I can see them wanting to keep a ban on boosters paying players and all that. If they could limit this to blanket licensing agreements like the O’Bannon settlement in the EA Sports case, they’d be over the moon. Could also see athletes getting increased stipends from a cut of merch sales, but without names on jerseys and that kind of thing. Personally I think that’s a step in the right direction but won’t really change the landscape of college sports since boosters and shoe co’s will still be dealing under the table long before any of these kids step on a campus. To get that out, you have to bring those deals out of the shadows and just let them sign endorsement deals at any age and end the charade of amateurism. The Olympics did that years ago and they’re doing better than they ever have. Shoot, we’re about the only country that doesn’t just flat make them government employees where their only (handsomely paid) job is to go win medals. The last Heisman trophy winner was a professional athlete and already got paid millions for forks sake. This really isn’t that crazy an idea.
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“For the love of money is the root of all evil.” The corruption in our game will continue, it may look a little different but there will still be corruption.
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@wissox Just like the Olympics.
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@FarmerJayhawk Ok, thanks. Yes, I am. I thought the social welfare economics reference was likely geared toward the government pressure.
But I agree, the NCAA making the decision on their own, is fine with me. However, it’s a horribly bad decision.
@benshawks08 Kind of boring. Those horrible rich people. You know, those folks that actually pay salaries and keep our economy going? You speak ignorance. Actually, not really ignorance. But a purposeful disregard for the truth. It’s what you folks do. You do understand — maybe you don’t – that investing also includes putting money in a bank, right? That folks taking their money and simply depositing in a bank IS investment? That it capitalizes a lending institution? And don’t really suggest you know, because you don’t. I know. I see it. I deal with it. But I’m sure you teach your dishonesty to our children/your students. Pathetic really.
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Why is it when this country was better off the tax rate on the ultra wealthy was much higher? Really makes you think…
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@BShark What should really make one think is what the revenue was used for. It’s much different than goals of the left now. The discussions of public expenditures has changed more on the left in the last 10 years than the prior century. That’s the issue.
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BShark said:
Why is it when this country was better off the tax rate on the ultra wealthy was much higher? Really makes you think…
Ehhh. There were 3 recessions in the 50’s when the top rate was like 91%. Stagflation of the 70’s happened when the top rated was about 70%. TRA of 86 made things better and cut the top rate in half, then in 1/3. That coupled with the big capital gains tax helped along the .com boom. Things obviously cratered in 08, but tax rates didn’t have anything to do with it.
Tl; dr version. The top marginal rate and economic growth, wages, or pick your metric aren’t correlated in any meaningful way. Cutting corporate and capital gains taxes does actually help growth.
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BigBad said:
Will they be allowed to wear their shoe of choice at college?
This is the $74,000 question. Or should I say, $22 billion question?
I’ve been projecting all along the NCAA would smarten up on not completely challenging the Cal ruling.
So the move is on… the great American gold rush in college basketball is finally extending to the players.
The success is in the details, and the NCAA will still attempt to play a major role in how this goes, but I’m doubtful on how well they will be able to manage. Groups like the NCPA and others popping up daily, will want to have a say in this and many will have stake in this. All I can say is expect a plethora of court proceedings, and then more court proceedings. There are so many details involved that it will require probably 1000s of court cases.
I don’t envy being in the NCAA’s shoes. And as much as I think they really suck, their future will be a big mess and I don’t really see how they will survive. There is no sane way forward!
I’m going out on a limb here… I think, eventually, the NCAA will fold and Congress will step in to form a government agency directly managing college sports and probably a lot more of universities. And in some regards, I welcome that. But I also know how big government has problems running things, too.
Guys like myself always wanted to see the athletes benefit more financially while playing college sports. But it is hard to see how this is going to work with any kind of positive outcome. College sports “dribbles” into all areas of our culture and our laws. The exposure is too heavy to allow a private organization run it as it enters a future of constant litigation and problems managing rules. The lawsuits will not only grow in number but will also grow in size.
I think the NCAA really blew it years ago when they could have better made the system fairer and probably by doing so would have established a more stable control and future.
Read some stuff others post, especially organizations that want to have it their way. College sports is the round peg that doesn’t really fit in the square hole of regular business or even American concepts of fairness. All of this will be addressed constantly as we move forward.
I will be surprised if we don’t have some kind of Supreme Court ruling in some of this within the next couple of years. And it will be too focused to cover everything, so more cases to follow.
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Just about every political and economic system is a good idea in theory. The issues with any system is when you don’t have complete buy-in from those subject to that particular system.
Socialism and communism are systems that do work when groups have total buy-in. A lot of Native American tribes were communistic in nature. Everyone in a tribe had a role and responsibilities that were needed to be fulfilled in order for the tribe to survive. Amish and Mennonite societies also have a lot of socialist and communist traits as well.
Those systems succeed in those cultures because there was buy-in. When not everyone in a culture buys into a specific system and that system stays in place for a long period of time, major problems develop. This is true for areas controlled by both the left and the right.
This is beauty of the American system. It’s a hybrid of different systems. The swinging back and forth between the left and the right on a national level is what keeps America from swinging too far to the left or the right.
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Humans ruin everything. We are the worst.
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With regard to the NCAA rule change, nothing is set in stone about what this will look like yet. I’ll reserve final judgement for when we actually see what limits and regulations the NCAA places on this law.
Video games seems like a given for what will be permissable because there’s just too much money involved there. I know the O’Bannon lawsuit ended up giving athletes about $600 per game they appears in and I would expect that figure to be roughly the same, maybe a little bit more since it will be almost a decade since the NCAA '14 came out in 2013 when the next licensed college football game comes out, probably 2021 or 2022. Other things that should likely be permissable would be music, writings, and stuff along those lines.
I don’t think we’ll end up seeing players appear in national ad campaigns or allowed to sign shoe endorsement deals while in school.
The area I’ll be really interested in seeing how the NCAA rules on will be social media and players creating YouTube and other streaming channels like Twitch or other gaming platforms.
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Video games yayyy. But I would definitely agree they will be back. Way too much money in them.
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I see this as a California grass fire. A quarter of the State is on fire. Envision that as $100 bills. How can the NCAA stop any upcoming profiteering? Once the gate opens, it can’t be shut. If a single dollar is allowed to be made on anything, then all other deals out there will demand authorization, too. And why doesn’t deal #2 have ever right deal #1 has? It’s something for a courtroom… over and over again. I don’t see how the NCAA can do anything but step aside and let it happen, while trying to pinch a % of the revenue stream.
This is a great time to consider a new career. AGENT! Thousands and thousands of HS and college players are in sudden need of an agent. Even some junior high athletes might have an opportunity to cash in. And NCAA controlling the area of agency? Ha!
I’m thinking within 5 years KU will sign a player who is already worth $100 mil.
Perhaps our best future recruiters will come from the endowment program. Best salesmen KU has to offer! Sign an elite athlete while having that athlete sign a contribution contract because we are renaming Naismith Drive in his name!
I know I sound crazy. But I was the guy who sounded crazy when I stated that Zion would quickly become a billionaire, and I said that before he blew out his shoe in college.
Absurdity rules moving forward! Going to get weird. Maintain your sanity by keeping a great sense of humor!
“What would I do if I were in charge? We would have settled this by now and we wouldn’t be here by now,” Bilas said. “It’s that simple. I’d allow players their economic rights as literally everyone else in this country has. Everything will be fine. This entire industry does not (depend) on an athlete being compensated. Every argument they’ve made is total nonsense.” ~ Jay Bilas… the attorney… barking for untethered cash disbursements. ha… don’t forget he’s an attorney first, probably lining up to become an agent.
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Lots of state pride here: Sen. Moran’s hearing, Girod supporting NIL for student athletes, and Emmert trying to act all high and mighty with his $2 million salary and pretending like he cares about anything but maintaining the status quo https://www2.ljworld.com/news/ku/2020/feb/11/ku-would-support-student-athlete-compensation-chancellor-says-at-congressional-hearing/
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https://twitter.com/jessenewell/status/1227286453597720576?s=20
Senator Marsha Blackburn (Tennessee) is in the middle of chiding NCAA president Mark Emmert during today’s Senate Subcommittee meeting when she sees KU chancellor Douglas Girod nodding. She then asks if he’d like to make a comment. Girod then addresses KU’s notice of allegations.
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This post is deleted!
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https://twitter.com/jessenewell/status/1227301624575676418
Senator Shelley Capito (http://R-W.Va.) takes time during a Senate subcommittee meeting on potential student-athlete Name, Image, Likeness legislation to directly ask Big 12 commish Bob Bowlsby why Wednesday’s KU-WVU basketball game is only on ESPN+ and not cable.
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@bskeet said in So here's the thing with this California bill passed:
https://twitter.com/jessenewell/status/1227286453597720576?s=20
Senator Marsha Blackburn (Tennessee) is in the middle of chiding NCAA president Mark Emmert during today’s Senate Subcommittee meeting when she sees KU chancellor Douglas Girod nodding. She then asks if he’d like to make a comment. Girod then addresses KU’s notice of allegations.
Sen. Blackburn ought to consider the state she represents before tossing rocks at Kansas.
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@FarmerJayhawk lol People from Arkansas make fun of West Virginians as being backwards…
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@dylans said in So here's the thing with this California bill passed:
@FarmerJayhawk lol People from Arkansas make fun of West Virginians as being backwards…
Was thinking more Memphis under Cal and Penny tbh
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Not totally related… but related…
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Long testifying in favor on Wednesday http://www.kslegislature.org/li/b2019_20/measures/sb474/
