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re: Coach Calipari has some suggestions for the NCAA in his new book
Posted on 4/10/14 at 10:51 am to Na Mean
Posted on 4/10/14 at 10:51 am to Na Mean
quote:
Among his ideas presented in "Players First: Coaching From the Inside Out," which is scheduled to be published on Tuesday, the WSJ reported that Calipari presents a 13-point plan for NCAA reform. Among them:
• Players should receive a stipend between $3,000 to $5,000;
• The NCAA should cover eligible players' insurance premiums;
• Athletes should be able to accept loans up to $50,000 against future earnings;
• If a coach leaves an institution, players should be able to transfer from that program without having to sit out a season;
• Athletes should be allowed one round-trip flight home every year.
I agree with everything besides the $50k loan. This will get a lot of kids in trouble
Posted on 4/10/14 at 11:01 am to trident
quote:
• If a coach leaves an institution, players should be able to transfer from that program without having to sit out a season;
So what do you do with the players who were already on the new program?
ETA: I misunderstood. I agree with this. I read it as follow the coach.
This post was edited on 4/10/14 at 11:04 am
Posted on 4/10/14 at 11:03 am to trident
quote:
I agree with everything besides the $50k loan. This will get a lot of kids in trouble
I think it will be ok if they are super strict with it.
Posted on 4/10/14 at 11:49 am to trident
quote:
I agree with everything besides the $50k loan. This will get a lot of kids in trouble
Well it did say loans up to $50k. So wouldn't this be handled like any other student loan across the country? You borrow for either tuition, fees, or living expenses while in college and pay them back upon starting work. So if they stay 4 years, maybe take out $12,500 per year for living expenses. Just over $1k a month and that would cover anything they'd truly need in college.
Student loan rates are usually pretty low. I looked at paying my wife's off a year or two ago, but we're so far into it now (was originally a 10 year term) that the interest I would have saved by paying it early was less than $30 over the two years left at that time.
Posted on 4/10/14 at 10:49 pm to trident
quote:
I agree with everything besides the $50k loan. This will get a lot of kids in trouble
That and the stipend is probably the only things I couldn't totally get behind.
He's also mentioned recently schools having a stipend for families to be able to travel to see their kids play. Considering it's something that regularly gets brought up in NCAA investigations, anything that eliminates another one of their dumbass rules works for me.
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