Luck Reiterates Stance On Likeness Compensation Hancock Talks Future Of CFP Rice Univ. Upgrading Football Stadium WVU Looking For Luck's Replacement Pitt Fires AD Steve Pederson Lochmann's Resignation Comes Amid UM Staff Shakeup Fired Pelini Slammed Nebraska AD Eichorst Luck Leaving WVU For NCAA Hollis Concerned By Booze-Heavy Gamedays FAU Continues Big Bet On Football
NCAA'S DEMPSEY FLOATS TWO IDEAS TO PAY STUDENT ATHLETES
Published June 12, 1996
NCAA Exec Dir Cedric Dempsey said the NCAA is considering paying its athletes. Dempsey revealed the "potentially dramatic about-face" during the NACDA convention in FL. If approved, Dempsey said, the money most likely would be given to athletes "as a loan repaid with pro earnings or from a trust fund funded by endorsements," according to Bart Hubbuch of the DALLAS MORNING NEWS. An NCAA committee is studying two ideas which could be proposed as legislation during the NCAA convention next January. Dempsey: "It's a changing world, and we've got to change our thinking." The loan would allow high-profile athletes to get an unspecified amount from schools, with the pro leagues setting up and running loan programs and identifying potential high draft picks who might qualify for extra money. Under the second proposal, "name athletes" would receive money from a trust fund tied to their share of endorsement revenue (DALLAS MORNING NEWS, 6/12). NCAA NEWS: A committee examining the NCAA's marketing and licensing effort said the Association's current effort "is too conservative" and that the NCAA "should be more aggressive and flexible." The report, to be considered at the August meetings, concluded that opportunities exist to promote college athletics in "a good way" and proposed a joint licensing program with NCAA and institutional marks to be used together (NCAA NEWS, 6/3 issue).