Feel free to add your own as well.

Alright so everyone knows the stories and all that. Post needs no background explanation.

If college athletes are going to get paid, I believe it should all be above board, openly, and honestly. How does that happen? Through the schools they attend.

Here's what I'd do. Have every single athlete that comes sign a contract that agrees with these terms: Every single student athlete will sign a set number of photos, helmets, jerseys, footballs, baseballs, and so on when they arrive on campus. This goes for everyone. Quarterback, punter, goalie, tennis player, all of them.

The schools would then make each of these basic autograph items available for all one set price from the moment the athlete enrolls. So an autographed photo from the 5 star quarterback is the same price as the autographed photo from the freshman volleyball player. These basic items will be available for the entirety of the athlete's enrollment at said institution.

Now, obviously some athlete's signature becomes more in demand than others. So for those guys/gals whose John Hancock becomes more valuable, you'll hold special auctions for personalized items. Say you want that game jersey that Clowney wore in the Outback Bowl when he had the play of the year. It'll be open bidding and Jadeveon will give a personalized message on it. Something like "Thanks for all of the love and support Little Bobby - Jadeveon Clowney". That way athletes who are more transcendent will be able to cash in on that fact.

Now the catch would be that all of revenue that this draws will be held by the school to paid out to the athletes in full upon their eligibility expiring. This would prevent the integrity of the system from being compromised to an extent.

Now how do you prevent players from stepping outside of this system? Well you simply fine them. If you step out and break NCAA rules (not team rules like showing up 5 minutes late to a practice or two or missing a curfew by half an hour) then that payout will be docked. You incentive players not to break the rules with a cash award.

As for players lending their name/likeness/time/endorsement or whatever to a product or business, you can do that through the school as well. Say Bob's Tires is the official tire sponsor for State U. State U has a popular Point Guard or Quarterback or volleyball player or whatever. As an advertising partner with State U, Bob's Tires is offered the opportunity to film a commercial with any of those athletes for one flat fee. That fee would be the same whether they are Johnny Manziel or some chic on A&M's golf squad. Keep the boosters who happen to advertise with the school in check to a degree.

Another part of this that you can add on additional incentives for the players. If you complete your degree, the school will thrown on another percent or two to your total or a flat rate for doing so. This would encourage athletes who have very little shot of becoming a professional in their sport to receive their degree and go on to become a responsible ambassador for the school out in society.

What say ye?