re: President of NCAA proposes NIL rule change

I’ve seen some dumb ideas, but this has to rank near if not at the top of that list.

In order for a PUBLIC university to manage those funds they must have some sort of control of them. For them to control those funds they would in some way have to become at least quasi-public funds.

Once that money enters that area, every elected member of a state’s legislature is going to try to exercise some sort of control. There will be those who will attempt to tap them to shore up some budget shortfall. Others will try to use them to create some new entitlement. They will also be used as leverage to get someone to vote a certain way or they will vote against dispersing the funds.

On the other hand, it would be as Edwin Edwards once said “sweeter than a full pardon” for private schools like Notre Dame who aren’t beholden to elected officials.

Run, run away very fast.