MORGANTOWN, W.Va. — The announcement came and went with little reaction from the college sports world, but it brings with it another potential huge h
[See the full post at: Academic Incentives And Rewards Another Huge Financial Challenge For WVU, Big 12 Schools]
Actually, they will need the money to pay a CPA to do their taxes from now on. This is not going to be pretty.
What is the best way to revamp or remove a governing body? Find the person in the governing body who has the most to gain, create controlled chaos, institute open-ended policies, wait for complete fundamental breakdown. The question is, “Who, or what, is poised to replace the NCAA?” My assumption, based on past business practice, is The Walt Disney Company.
The conferences will probably take over many of the governance functions. There won’t be a replacement for the NCAA.
The NCAA has reached the $1B a year level, minus outside interference, shortened season, cancellations, etc. They have a flawed business model which is very fragile at the moment. The NCAA is strictly a third party business hired by institutions to manage the logistics of their sports teams because they are not biased (well that is the word used to legitimize their existence). Replacing the third party element with institution organizations will create segregation. Schedules will be made where each team makes the most money or who the chancellor or dean want or the list will go on. There must remain a third party element even if it is only for the resemblance of honesty and equality for all.
How are achools going to hold payment till they graduate? And does the RS year get paid also?
In a bank and it reads all scholarship athletes. I think it is a fantastic idea to hold money earmarked for academic needs until they graduate, everybody knows after graduation is when you need all your school supplies.
Well, when they get their money after graduation they can use it to pay off their tuition loans.