Kickstarter to pay college players

[derleider]

I heard on the radio that some dude here in MD is putting together a Kickstarter type campaign to raise money to pay kids to stay in school.

Basically the guy would take a 9% cut for running the thing, then upon graduation the player would get 80% of the remainder, with 10% to the rest of the team, and 10% to charity.

Is it against NCAA rules? If the person never contacts the player, or anyone involved with the player, how could it be?

 

[jay_hq]

Ill do it for 8%. The money will be released in 4 years.

...Oh and ignore my booked flight to the maldives in 3.5 years or the fact that they dont extradite.

 

[derleider]

Originally posted by jay_hq:
Ill do it for 8%. The money will be released in 4 years.

...Oh and ignore my booked flight to the maldives in 3.5 years or the fact that they dont extradite.

I mean yeah - it reads like a scam. But assuming its not. What are the implications.

 

[SouthJerseyRU]

Read about it on college football talk yesterday, http://collegefootballtalk.nbcsports.com/2015/03/09/fans-can-donate-money-to-help-keep-favorite-players-in-school/ , looks like it's legit and as of right now the NCAA can't do anything about it.

From the article:

Now, the question you're certainly asking your self right now: how the hell can this happen with the NCAA bylaws currently in place? The answer is just as simple as the concept: FanAngel is not in any way, shape or form connected to either the NCAA or the athletes, other than serving as a conduit for the money of fans, and is thus not subject to Association rules and regulations.
In November, the NCAA issued guidance to prospective crowdfunding sites saying that college athletes' names could not be used to promote such sites and would compromise that athlete's eligibility. The NCAA argued while defending its position in the Ed O'Bannon case that accepting money that is put in escrow still counts as accepting money at the time an athlete accepts it.
But Fojtik said his site steers clear of all NCAA guidelines.
"There's no acceptance on the athlete's part, and we aren't specifically promoting any athletes," he said. "We are using their name as anyone would as part of fair use."

The NCAA, as you can imagine, is not pleased with the concept, but its hands are tied, at least at the moment. Fojtik said his group and the NCAA have a lot in common, namely "for kids to stay in school, to end the one-and-dones or the 'two-and-throughs.'" Fojtik added, though, "we aren't a constituent of theirs, so we're not subject to their rules."[/QUOTE]

 

[derleider]

Originally posted by SouthJerseyRU:
Read about it on college football talk yesterday, http://collegefootballtalk.nbcsports.com/2015/03/09/fans-can-donate-money-to-help-keep-favorite-players-in-school/ , looks like it's legit and as of right now the NCAA can't do anything about it.

From the article:

Now, the question you're certainly asking your self right now: how the hell can this happen with the NCAA bylaws currently in place? The answer is just as simple as the concept: FanAngel is not in any way, shape or form connected to either the NCAA or the athletes, other than serving as a conduit for the money of fans, and is thus not subject to Association rules and regulations.
In November, the NCAA issued guidance to prospective crowdfunding sites saying that college athletes' names could not be used to promote such sites and would compromise that athlete's eligibility. The NCAA argued while defending its position in the Ed O'Bannon case that accepting money that is put in escrow still counts as accepting money at the time an athlete accepts it.
But Fojtik said his site steers clear of all NCAA guidelines.
"There's no acceptance on the athlete's part, and we aren't specifically promoting any athletes," he said. "We are using their name as anyone would as part of fair use."

The NCAA, as you can imagine, is not pleased with the concept, but its hands are tied, at least at the moment. Fojtik said his group and the NCAA have a lot in common, namely "for kids to stay in school, to end the one-and-dones or the 'two-and-throughs.'" Fojtik added, though, "we aren't a constituent of theirs, so we're not subject to their rules."

[/QUOTE] As ive said before - eventually the fact that NCAA athletes want money, and fans will pay that money will meet up, not becuase the NCAA wants it to, buit because the law will eventually force them to.

And when that happens, then MAYBE we can ditch the pretense of the scholar athlete.

I mean why limit this to current students. Why not start a kickstarter for a future one and done currently in high school.

 

[Akron Buck]

Phil Knight just creamed his shorts