NCAA Rule Change Would Permit Direct Payment to Athletes - Your Thoughts?

[Extendedcab]

Per the news:

In a major move that would allow schools to start directly paying their athletes, the NCAA Division I Board of Directors proposed deleting 153 rules from its handbook as part of nine potential legislative changes at a Monday meeting.

The proposals are pending approval of the $2.8 billion House settlement reached last year of three separate antitrust cases against the NCAA and college sports' power conferences. The proposals include name image and likeness compensation and regulation, a change from scholarship limits to roster limits, eligibility standards and the creation of a legal entity to oversee enforcement of the updated athlete compensation rules in Division I.

If the settlement is approved, the NCAA said schools would have until June 15 to decide whether to opt in to provide benefits for the coming academic year, with the proposal slated to take effect July 1. Per the settlement, schools that opt in would begin sharing $20.5 million per year with its athletes beginning in August, ending many of the NCAA's longstanding rules of amateurism.


Your thoughts please!!!

I personally hate it but others on this board will no doubt love it!

[Tater]

You hate someone getting fair market value for their labor? You need to find another country if capitalism ain't your speed.

[msudawglb]

Here are my thoughts.....

MSU is done as a competitive D1 athletic program. Key word..."competitive". We can continue to be a middle of the row, average team with the hopes of cracking the top 25 every once in a while. What we can't allow, is for attempting to fund athletics to be a bottom feeder amongst the SEC to cause our academics to suffer.

[msudawglb]

You hate someone getting fair market value for their labor? You need to find another country if capitalism ain't your speed.

Fair market value??? LOLOLOLOL. They get a scholarship. Right now, if college football was aerospace, we pay a freshman who is taking Physics 1 and Calculus 1 what a senior level NASA manager is paid. Fair market value??? LOLOLOLOL

[Tater]

Fair market value??? LOLOLOLOL. They get a scholarship.

A scholarship is a blanket communist / socialist approach. Everyone gets exactly the same no matter what their role / sport is. I'm told in theory this destroys exceptionalism and the American dream. Imagine if we all got the same salary whether we were CEO, Janitor, or Secretary at a company. That's what college sports traditionally were.

If you don't like it being torn down, then you're against a capitalist policy. If you like the status quo then you want communism.

These are statements of facts - not endorsements. Fair market value means each person can negotiate for more or the school can negotiate for less if you don't provide value. Capitalism 101.

[Homedawg]

Here are my thoughts.....

MSU is done as a competitive D1 athletic program. Key word..."competitive". We can continue to be a middle of the row, average team with the hopes of cracking the top 25 every once in a while. What we can't allow, is for attempting to fund athletics to be a bottom feeder amongst the SEC to cause our academics to suffer.

How is that different than our entire history ???

[msudawglb]

Scholarships vary based on potential. Everyone doesn't get a full paid scholarship. I'm not sure of the percentages, but a true full paid scholarship is probably only given to about 1% (or less) of the academic student base. So, your argument is not facts.

[gtowndawg]

Here are my thoughts.....

MSU is done as a competitive D1 athletic program. Key word..."competitive". We can continue to be a middle of the row, average team with the hopes of cracking the top 25 every once in a while. What we can't allow, is for attempting to fund athletics to be a bottom feeder amongst the SEC to cause our academics to suffer.

Win 6-8 games a year in football and a consistent NCAA tourney team with an occasional Sweet 16 run. Once every 10 years the stars align and you have a really big year in one of those sports. If we do good in other sports, that's gravy. That's my goal for State under the new "system" and with good leadership I believe it's very realistic.

[msudawglb]

How is that different than our entire history ???

Well, we are entering a realm where we are about to be even more insignificant than anytime in our past.

[confucius say]

Well, we are entering a realm where we are about to be even more insignificant than anytime in our past.

I fully disagree. If done correctly, rev share (the 20.5 million) will create more parity than ever before. The key will be limiting what players can get through NIL on top of the rev share payments they get. The new third party vendor that will review all NIL deals for "true market value" will be huge. If they actually limit it and do away with pay for play via NIL, parity will be created like never before. And with the vendo being court sanctioned as part of the House settlement, my hope is that the vendor's ruling will have teeth to it and be clear of antitrust challenges.

[DawgFromOxford]

I?m for whatever regulation takes the burden of paying players off the back of the fans.

NIL came about because schools were making huge sums of money and athletes couldn?t. Now schools are still making huge sums of money but the fans have to foot the bill to pay the athletes and for all the items we were paying for previously (tickets, parking, club fees, etc). Make it make sense

[Tbonewannabe]

Fair market value??? LOLOLOLOL. They get a scholarship. Right now, if college football was aerospace, we pay a freshman who is taking Physics 1 and Calculus 1 what a senior level NASA manager is paid. Fair market value??? LOLOLOLOL

So in the "real world", if one employee is making $45k per year but is a Social Media manager responsible for $10 Mil in sales. Another company wants to hire the person and give them $150k, they shouldn't be allowed to take the job?

At the end of the day, sports is the Marketing arm for the university. I would say Johnny Manziel was probably worth at least $50 Mil to A&M in sales, marketing, and donations.

There has to be some end in sight because it is killing college sports but true Right wing politics should say no to regulations and expect the market to dictate similar to what happened to Nico Iamaleva.

[WinningIsRelentless]

Here are my thoughts.....

MSU is done as a competitive D1 athletic program. Key word..."competitive". We can continue to be a middle of the row, average team with the hopes of cracking the top 25 every once in a while. What we can't allow, is for attempting to fund athletics to be a bottom feeder amongst the SEC to cause our academics to suffer.

Academics needs to get off the tit known as SEC TV monies. Leave the sports money to the sports.

[confucius say]

You hate someone getting fair market value for their labor? You need to find another country if capitalism ain't your speed.

But antitrust regulations, which is what is driving all of the court decisions, are anti capitalism and anti free market.
In a true free market, you start your own entity and compete against the entity you allege is a monopoly, not complain that the entity you allege is a monopoly should be treated differently because it is successful.

[StarkVegasSteve]

So in the "real world", if one employee is making $45k per year but is a Social Media manager responsible for $10 Mil in sales. Another company wants to hire the person and give them $150k, they shouldn't be allowed to take the job?

At the end of the day, sports is the Marketing arm for the university. I would say Johnny Manziel was probably worth at least $50 Mil to A&M in sales, marketing, and donations.

There has to be some end in sight because it is killing college sports but true Right wing politics should say no to regulations and expect the market to dictate similar to what happened to Nico Iamaleva.

It is why this 3rd party thing that the NCAA thinks will curtail NIL is BS. Like how are they going to say to a school, no Player A is not worth the 5 million you are offering him. He is only worth 2. They will be sued into oblivion, and lose. A salary cap is truly the only way to stop this because even with the 20 million stuff that each school is allotting to it there will still be other funds from collectives.

[gtowndawg]

I fully disagree. If done correctly, rev share (the 20.5 million) will create more parity than ever before. The key will be limiting what players can get through NIL on top of the rev share payments they get. The new third party vendor that will review all NIL deals for "true market value" will be huge. If they actually limit it and do away with pay for play via NIL, parity will be created like never before. And with the vendo being court sanctioned as part of the House settlement, my hope is that the vendor's ruling will have teeth to it and be clear of antitrust challenges.

https://i.imgflip.com/3o1yto.jpg

[confucius say]

It is why this 3rd party thing that the NCAA thinks will curtail NIL is BS. Like how are they going to say to a school, no Player A is not worth the 5 million you are offering him. He is only worth 2. They will be sued into oblivion, and lose. A salary cap is truly the only way to stop this because even with the 20 million stuff that each school is allotting to it there will still be other funds from collectives.

The idea is that this third party's ruling will be upheld because it is court sanctioned and because the players agreed to abide by it as part of the House settlement. We will see.

[TALL DAWG]

Ok, when are they going to make athletes employees.

[Quaoarsking]

Good start. Now unionize, and have contracts, salary caps, and revenue sharing.

[Tbonewannabe]

Good start. Now unionize, and have contracts, salary caps, and revenue sharing.

That is the only way to save it. You have to have contracts so when Bama wants Kamario Taylor in 2 years, there is a $10 Mil buyout before he is eligible to play for them.

[parabrave]

The schools will never go for it. number 1 is that they will have to part with money where now "NIL" is paid by boosters so the schools have the best of both worlds.. Number 2 see number 1,

[confucius say]

The schools will never go for it. number 1 is that they will have to part with money where now "NIL" is paid by boosters so the schools have the best of both worlds.. Number 2 see number 1,

The schools have already agreed to it.

[confucius say]

The schools are scared of employee status.

And honestly, the players don't want it either.

[StarkVegasSteve]

The schools are scared of employee status.

And honestly, the players don't want it either.

Why would the players want employee status?? They get everything now with nothing in return. The pendulum is swung so far in their favor that it will be a miracle to ever swing it back in favor of the schools.

[confucius say]

Why would the players want employee status?? They get everything now with nothing in return. The pendulum is swung so far in their favor that it will be a miracle to ever swing it back in favor of the schools.

Agree. The Nico thing helped though. Public sentiment has swung. I think next you will see collectives going after players who violate their nil contracts. Progress is being made.

[StarkVegasSteve]

Agree. The Nico thing helped though. Public sentiment has swung. I think next you will see collectives going after players who violate their nil contracts. Progress is being made.

Yurachek is trying to do that with the other Iamaleava that was at Arky for 4 months. We'll see how that process ends up and that will give the answer on whether players can be pursued when they violate NIL deals.

[CaptainObvious]

I don't really care. I do hope enough schools within the same conferences opt out, but I don't see it happening. But...... the biggest complaint is that the schools are making all this money off athletics so the participants should be able to get a slice of that. Here is the fallacy with that issue. The schools aren't passing all that money around to their friends and family members. They are investing it. Investing it into upgrades to buildings and adding new buildings to replace old buildings and expanding parking and classroom space and dormitory space so they can add more students. They are using it to expand their research departments, to expand scholarship, to pay the Physics professor and the Statistics student teaching assistant more. They are expanding and improving facilities. They are expanding their national and international outreach programs. And sure, they are paying coaches at all levels higher salaries. But they are not buy ski lodges in Vail, or Masaratis for the tenured professors or million dollar homes for the mothers! What are the players using their NIL earnings for? Are they paying taxes? (By the way, the Mississippi Schools should be loading up on top players like the other states that don't have State a income taxes!) schools don't get to blow their earnings from athletics on elaborate pie in the sky things. But now Athletes can hold schools hostage for more, more, more. It isn't capitalism we see with NIL and the House Settlement. It is blackmail! And that is far closer to communism than capitalism.

Now back to our regularly scheduled dumbfoolery!

[R2Dawg]

A scholarship is a blanket communist / socialist approach. Everyone gets exactly the same no matter what their role / sport is. I'm told in theory this destroys exceptionalism and the American dream. Imagine if we all got the same salary whether we were CEO, Janitor, or Secretary at a company. That's what college sports traditionally were.

If you don't like it being torn down, then you're against a capitalist policy. If you like the status quo then you want communism.

These are statements of facts - not endorsements. Fair market value means each person can negotiate for more or the school can negotiate for less if you don't provide value. Capitalism 101.

I don't think that is an apples to apples comparison. College isn't being an adult and having a job in the free market. It is about getting an education to help you provide for the rest of your life. 98% of these athletes will not have a pro career. Those top players will get paid after amateur career; Ironically they still may want that degree if they squander their Pro pay which many do.

Back to your free market example, top students or students in hard majors don't get free rides or some do for those in easy majors. The benefit of being a college athlete is a real benefit compared to the rest in the IHL. Our IHL are being destroyed by this bloated athletic disaster. Our society will not be better off down the road for this.

[R2Dawg]

I don't really care. I do hope enough schools within the same conferences opt out, but I don't see it happening. But...... the biggest complaint is that the schools are making all this money off athletics so the participants should be able to get a slice of that. Here is the fallacy with that issue. The schools aren't passing all that money around to their friends and family members. They are investing it. Investing it into upgrades to buildings and adding new buildings to replace old buildings and expanding parking and classroom space and dormitory space so they can add more students. They are using it to expand their research departments, to expand scholarship, to pay the Physics professor and the Statistics student teaching assistant more. They are expanding and improving facilities. They are expanding their national and international outreach programs. And sure, they are paying coaches at all levels higher salaries. But they are not buy ski lodges in Vail, or Masaratis for the tenured professors or million dollar homes for the mothers! What are the players using their NIL earnings for? Are they paying taxes? (By the way, the Mississippi Schools should be loading up on top players like the other states that don't have State a income taxes!) schools don't get to blow their earnings from athletics on elaborate pie in the sky things. But now Athletes can hold schools hostage for more, more, more. It isn't capitalism we see with NIL and the House Settlement. It is blackmail! And that is far closer to communism than capitalism.

Now back to our regularly scheduled dumbfoolery!

To add to your list they spend that money from athletics on more athletics facilities. Anyone looked at the price to build new and maintain these facilities? It is huge.

[Extendedcab]

I don't think that is an apples to apples comparison. College isn't being an adult and having a job in the free market. It is about getting an education to help you provide for the rest of your life. 98% of these athletes will not have a pro career. Those top players will get paid after amateur career; Ironically they still may want that degree if they squander their Pro pay which many do.

Back to your free market example, top students or students in hard majors don't get free rides or some do for those in easy majors. The benefit of being a college athlete is a real benefit compared to the rest in the IHL. Our IHL are being destroyed by this bloated athletic disaster. Our society will not be better off down the road for this.


This^^^^^^^. All day!

[Tater]

I don't think that is an apples to apples comparison. College isn't being an adult and having a job in the free market. It is about getting an education to help you provide for the rest of your life. 98% of these athletes will not have a pro career. Those top players will get paid after amateur career; Ironically they still may want that degree if they squander their Pro pay which many do.

Back to your free market example, top students or students in hard majors don't get free rides or some do for those in easy majors. The benefit of being a college athlete is a real benefit compared to the rest in the IHL. Our IHL are being destroyed by this bloated athletic disaster. Our society will not be better off down the road for this.

Being an adult is 18. College sports ain't special cause you feel like it's special.

You provide a service. Your company makes money off the service. (Some lose money). You get paid for your service. This is literally the bare definitions of a job. Unilaterally capping every employee's pay would be "collusion" and would require monopoly busting of the communist plan.

Look I can't learn basic economics for ya. If you want to be dumb - so be it. Talking about students and people learning things... you're kinda off the beaten track there bud. That's a different can of worms.

[StarkVegasSteve]

I don't think that is an apples to apples comparison. College isn't being an adult and having a job in the free market. It is about getting an education to help you provide for the rest of your life. 98% of these athletes will not have a pro career. Those top players will get paid after amateur career; Ironically they still may want that degree if they squander their Pro pay which many do.

Back to your free market example, top students or students in hard majors don't get free rides or some do for those in easy majors. The benefit of being a college athlete is a real benefit compared to the rest in the IHL. Our IHL are being destroyed by this bloated athletic disaster. Our society will not be better off down the road for this.

And this is where this whole issue will come to a head. Neal McCready has been saying it for years but what is stopping these kids from staying in college for 8 years. A lot of people have two degrees. How are we going to say that a kid only has 4 years? Like where did we come up with that number? We let people every day go to college for multiple degrees. What is stopping someone like Chad Baker Mazzara from staying in college an additional 2 years? That kid is not going to the NBA and he is not making 2.5 million in his first job out of college. The NCAA has continually lost these affecting my earning potential cases and a hard cap on eligibility affects their earning potential. The NCAA is going to have to win one of these cases before I believe they will be able to get a handle on this.

[Political Hack]

Athletes provide the entertainment that generates the revenue that allows the schools to enhance their academic offerings. And the athletes do not get any semblance of a fair market value for performing. The old system of providing food, a place to stay, and some on-the-job-training isn't much different than what we used to call "indentured servitude" back in the day.

[Extendedcab]

Hog wash!

[confucius say]

Being an adult is 18. College sports ain't special cause you feel like it's special.

You provide a service. Your company makes money off the service. (Some lose money). You get paid for your service. This is literally the bare definitions of a job. Unilaterally capping every employee's pay would be "collusion" and would require monopoly busting of the communist plan.

Look I can't learn basic economics for ya. If you want to be dumb - so be it. Talking about students and people learning things... you're kinda off the beaten track there bud. That's a different can of worms.

Real capitalism and a true free market know nothing of monopolies and antitrust law. Those were created to punish entities that became uber successful. In a true free market, they would be left alone and the solution would be to start a new entity to compete against them.

Same way with the ncaa. Instead of saying the ncaa can't make rules, a true free market would leave the ncaa alone and your recourse would be to create a new entity with different rules to compete against it. But alas.

[Extendedcab]

Some of you need to do a little research on why the NCAA was formed to begin with and why scholarships were originally provided. - To protect amateur sports and provide financial assistance to those who need it! Remember - Students are NOT Employees!!!

Before the NCAA, a governing committee was formed, college sports was much like today in the NIL era. Back then Teams regularly used graduated students and paid ringers to play and there was a lack of integrity within amateur athletics.

The NCAA was formed primarily to put an end to professional players and ringers playing on college teams. The NCAA's position on amateurism, as it appears in Articles VI and VII of the 1906 NCAA bylaws, is unequivocal and uncompromising.

The first government issued grants-in-aid for college students took place in the mid 1940' s. The congressional passage of the G.I. Bill of Rights made millions of dollars available in Federal funds to ex-servicemen coming home from WWII who chose to pursue a college education. The sudden availability of so much "scholarship" money created a more favorable public image of financial aid. It also put a new emphasis on aid to student-athletes. Students and student-athletes could get tuition and living allowance from the federal government with no obligation to take part in athletics (Falla, 1981 ).

In response to a growing number of gambling and point shaving scandals throughout collegiate athletics, the NCAA tried to find a way to curtail the illegal activity in amateur sports. In 1946 at the NCAA Conference of Conferences special meeting in Chicago the participants drew up the "Principles for the conduct of Intercollegiate Athletics" in questionnaire form. These "principles" would become known as the "Sanity Code" because its supporters viewed it as a means of restoring sanity to college sports (Falla, 1981 ).

In 1948, the NCAA introduced the Sanity Code as part of Article 3 of the NCAA Constitution. The Sanity Code was the NCAA's way of reducing the amount of grant in aid a student athlete could receive, (Hickok 2002). Under the Code, a student-athlete could receive a tuition and fees scholarship (not room and board) if the student had a demonstrated financial need and met the schools normal admissions requirements.

This is the original intent of scholarships - to financially aid those who could not afford college.

Now here is where the trouble started with the NCAA - greed sets in.

In 1952, the principles governing financial aid that appeared in Article Ill, Section 4, gave individual institutions freedom to set their own financial aid policies for athletes, the only requirement being that such aid be administered by each athlete's institution (NCAA, 2007). After pronouncing itself against full-ride athletic scholarships to college for several decades, the NCAA capitulated in 1952 when student aid based on athletic skill rather than financial need or academic merit was approved (Bernstein, 2001).

The IVY league tried to correct this blunder by the NCAA - Sack and Staurowsky wrote that in 1954, the Ivy Group (League) signed an agreement that reaffirmed its previous stand against athletic scholarships. "Athletes" according to the agreement, "shall be admitted as students and awarded financial aid only on the basis of the same academic standards and economic need as are applied to all other students.

The NCAA screws up again:

In 1956, the full ride athletic scholarship was sanctioned and grants-in-aid have been part of the NCAA lexicon ever since. The new grants in aid included tuition, fees, room and board, books and $15 per month laundry money, (Britz, 2005). Even with this new rule schools and their boosters still sought competitive advantage and devised new ways to pay their athletes on the side (Zimbalist, 1988). By the 1956 school year, the NCAA rescinded the Sanity Code policy and the association was basically forced to offer full grants in aid so the athletes would be compensated enough to quit taking illegal payments. The 1956 legislation extended the amount
of allowable financial aid to cover commonly accepted educational expenses, and it eliminated need as a requirement (Sack and Staurowsky, 1988).

Conclusion:

A scholarship as defined by the tenth edition of Merriam-Webster's Collegiate Dictionary is a grant in aid to a student (as by a college or foundation) (Mish 2000).
The need to implement rules concerning amateur athletics was evident from the conception of college athletics. College administrators instituted regulations regarding the use of athletic scholarships as an attempt to eliminate gambling and pay for play in early American amateur athletics. The hope of college presidents and policy makers of the early 1900s was to eliminate the outside business people and boosters from interfering with amateur contests on their campuses. One of the original thoughts behind offering athletic scholarships was to prevent other college team captains and coaches from tampering with the rosters of the college teams.
After the NCAA was formally established, the directors worked hard to implement ways of protecting the student athlete while at the same time benefiting from the amateur athletes love of performing on the fields and courts of their perspective universities.

In full disclosure this information came from a Graduate Research Paper on the History of Athletic Scholarships by Nathan Courtney - University of Northern Iowa in 2008.

I think this URL is correct - https://scholarworks.uni.edu/grp/4178

[Political Hack]

Athletes don't work only 8 hours a day. It's a lifestyle they have to adopt. Sleep, nutrition, study, practice, film, working out, etc... it's a schedule that many of us wouldn't take on for our current salaries. And we ask them to do it for pennies on the dollar while the coaches and conference executives make MILLIONS off their performance.

I can't understand anyone arguing, in America, that it should remain that way. It's why the NCAA loses every court case. What they've done to hundreds of thousands of student athletes over the last half-century is illegal under U.S. law. That's why they owe back pay now. And if they're not careful, someone will file an Anti-trust lawsuit against them and the conferences and squash "amateurism" completely.

Salary cap broken down by P5, P4, mid-major, etc... would be a good start to regulating this. They need to create a system where (1) athletes are given their fair share or revenue and (2) balanced payrolls create some level of equity in recruiting.

[HailState2008]

How is that different than our entire history ???

Exactly. Nothing is different except we need to do out of box thinking to compete every few years. Things like possibly exactly a few corporate sponsors to step in when we have an athlete that needs to be paid after a great year. For example, if NIL was there during Daks? years then after 2014 we would have to figure out to get him paid on top of what potentials boosters bought into the equation.

[BrunswickDawg]

Athletes don't work only 8 hours a day. It's a lifestyle they have to adopt. Sleep, nutrition, study, practice, film, working out, etc... it's a schedule that many of us wouldn't take on for our current salaries. And we ask them to do it for pennies on the dollar while the coaches and conference executives make MILLIONS off their performance.

I can't understand anyone arguing, in America, that it should remain that way. It's why the NCAA loses every court case. What they've done to hundreds of thousands of student athletes over the last half-century is illegal under U.S. law. That's why they owe back pay now. And if they're not careful, someone will file an Anti-trust lawsuit against them and the conferences and squash "amateurism" completely.

Salary cap broken down by P5, P4, mid-major, etc... would be a good start to regulating this. They need to create a system where (1) athletes are given their fair share or revenue and (2) balanced payrolls create some level of equity in recruiting.

And the only way to effectively do that is to adopt the same model as the pros - forming a Union and going through collective bargaining. The NCAA and Congress are going to get sued if they actually implement this - and they will lose because they have no representation of the athletes in this process. That has been the flaw in this all along. The pros have proven that this process makes EVERYONE richer. And why we are holding on to this made up concept of "amateur" is dumb.

Add to this. If I as student on scholarship is working at CAVS, an I invent something that has practical applicability, MSU and I patent it and we both get a split.
How is this any different then athletes sharing in the revenue??

[StarkVegasSteve]

And the only way to effectively do that is to adopt the same model as the pros - forming a Union and going through collective bargaining. The NCAA and Congress are going to get sued if they actually implement this - and they will lose because they have no representation of the athletes in this process. That has been the flaw in this all along. The pros have proven that this process makes EVERYONE richer. And why we are holding on to this made up concept of "amateur" is dumb.

Add to this. If I as student on scholarship is working at CAVS, an I invent something that has practical applicability, MSU and I patent it and we both get a split.
How is this any different then athletes sharing in the revenue??

Off topic a tad, but I was a student worker at CAVS during undergrad(I answered the phones. The stuff they worked on was 10 miles above my head), but I had no clue about the split. I thought the university might take a small percentage but it sure as hell isn't a small percentage.

[BrunswickDawg]

Off topic a tad, but I was a student worker at CAVS during undergrad(I answered the phones. The stuff they worked on was 10 miles above my head), but I had no clue about the split. I thought the university might take a small percentage but it sure as hell isn't a small percentage.

From what I know, it's a pretty fair split. Without university resources, you wouldn't be doing the research. There are also other opportunities for students to develop their own patents if they are things that develop outside of the university sponsored work.
Point still being - you are able to make money from your intellectual property which is similar to NIL. IF they would actually restricted NIL to "real" NIL opportunities - endorsement deals, video game versions of players, trading cards, etc. we wouldn't be in this mess.

ALL they had to do was let Ed O'Bannon get his $200 for being in an EA Sports video Game!!!

[StarkVegasSteve]

From what I know, it's a pretty fair split. Without university resources, you wouldn't be doing the research. There are also other opportunities for students to develop their own patents if they are things that develop outside of the university sponsored work.
Point still being - you are able to make money from your intellectual property which is similar to NIL. IF they would actually restricted NIL to "real" NIL opportunities - endorsement deals, video game versions of players, trading cards, etc. we wouldn't be in this mess.

ALL they had to do was let Ed O'Bannon get his $200 for being in an EA Sports video Game!!!

Well instead of planning for this for years as the O'Bannon lawsuit was going on, hell the thing started in like 2011 or 2012, they just said to hell with it on July 1, 2021 and released NIL with no safeguards. The fact that they thought it would just be used for pure NIL is absolutely laughable. The only people who thought it would be used for that were the guys at the NCAA who released it, John Cohen, and Lee Van Horn.

[Lord McBuckethead]

I don't believe you understand what fair market value is.
These players have a skill set that is wanted. They meet the requirements to attend school and play for said school. Their fair market value is whatever someone is willing to pay.... Just like me at my job. What is not fair market value about that?