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NCAA eliminating National Letter of Intent

Posted on 10/9/24 at 8:50 am
Posted by Mystictiger
Florida
Member since Jul 2015
2694 posts
Posted on 10/9/24 at 8:50 am
LINK

quote:

Historic changes are coming to college sports. The NCAA Division I Council approved Wednesday to eliminate the National Letter of Intent program. The changes come as the NCAA undergoes its most seismic changes to date. The House v. NCAA settlement would permit schools to pay athletes more than $20 million annually, spurring the NCAA and its leaders to rethink their amateurism rules.
Posted by 225Tyga
Member since Oct 2013
19336 posts
Posted on 10/9/24 at 8:51 am to
Explain this so that the idiots on this board can understand.
Posted by saintslsupels
Member since Jul 2014
2492 posts
Posted on 10/9/24 at 8:53 am to
quote:

Explain this so that 225Tyga understands.

I fixed it for you.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77650 posts
Posted on 10/9/24 at 8:54 am to
Is this going to be one of those threads where half the people are going to say college football isn’t the same anymore and they aren’t going to watch it anymore?
Posted by geauxtigers87
Louisiana
Member since Mar 2011
26637 posts
Posted on 10/9/24 at 8:55 am to
quote:

college football isn’t the same anymore and they aren’t going to watch it anymore
Posted by LSUTIGERS8181
Houston, TX
Member since Aug 2012
11101 posts
Posted on 10/9/24 at 8:56 am to
Posted by High C
viewing the fall....
Member since Nov 2012
59228 posts
Posted on 10/9/24 at 8:59 am to
Does that mean there would be a $20M “salary cap?” They would all just find a way to cheat.
Posted by LSU Neil
Springfield
Member since Feb 2007
3363 posts
Posted on 10/9/24 at 9:05 am to
Remind me why we fired will wade again please
Posted by Sampson
Drusilla and Jefferson
Member since Mar 2012
25021 posts
Posted on 10/9/24 at 9:06 am to
Does this mean fax machines will finally be extinct?
Posted by bradygolf98
Member since Jan 2021
3182 posts
Posted on 10/9/24 at 9:07 am to
So they're trying to make it more unstable than it already is?
Posted by atltiger6487
Member since May 2011
19671 posts
Posted on 10/9/24 at 9:12 am to
quote:

Is this going to be one of those threads where half the people are going to say college football isn’t the same anymore and they aren’t going to watch it anymore?
uh, I'm one of those guys.

I watch less college football than I used too, and it's because players are now mercenaries.

And I'm far less emotionally involved in college football. The excitement that I used to feel, beginning mid-week, is gone, and even on Saturday I'm far less excited than before. And I watch fewer games.

What used to make college football special is now gone. So yea, make fun on people saying they won't watch anymore -- but that's a real thing.
Posted by Jack Crevalle
USVI
Member since Aug 2018
8358 posts
Posted on 10/9/24 at 9:13 am to
quote:

Remind me why we fired will wade again please

Say what you will about him, but the General truly was a pioneer.
Posted by LSUminati
Member since Jan 2017
3959 posts
Posted on 10/9/24 at 9:13 am to
My take is this will leave a void that will lead to player contracts. More structure.
Posted by PureBlood
The Motherland
Member since Oct 2021
5021 posts
Posted on 10/9/24 at 9:13 am to
quote:

Explain this so that the idiots on this board can understand.



quote:

NCAA makes National Letter of Intent go bye-bye

Posted by JimTiger72
Member since Jun 2023
15397 posts
Posted on 10/9/24 at 9:14 am to
quote:

The House v. NCAA settlement


Still a long process to go for approval, but this is the same proposal as the new revenue sharing right?

quote:

eliminate the National Letter of Intent program.

Yes the NLI program that requires the athlete to attend for a full year will be gone, but they will replace it with a new binding document for school/athlete.

Kind of a nothing burger here
Posted by JimTiger72
Member since Jun 2023
15397 posts
Posted on 10/9/24 at 9:15 am to
quote:

this will leave a void that will lead to player contracts. More structure.


Correct, they have to get rid of the old NLI system to create the new system for signing players to attend school & include revenue sharing payments
Posted by KamaCausey_LSU
Member since Apr 2013
16968 posts
Posted on 10/9/24 at 9:20 am to
I guess you can't call a signing class final until the players are enrolled and on campus.
This post was edited on 10/9/24 at 9:21 am
Posted by Alt26
Member since Mar 2010
33700 posts
Posted on 10/9/24 at 9:20 am to
quote:

Remind me why we fired will wade again please


The unfortunate thing is he is going to be one of the last coaches who gets "sanctioned" for (allegedly) paying players. (I say "sanctioned" because the guy is already back in coaching, after only 1 season away, and thriving). I understand why LSU did what they did, when they did it. It's just frustrating on the back end knowing everyone is legally paying players now and the NCAA doesn't really have much authority to scare schools anymore.

Posted by J2thaROC
Member since May 2018
14650 posts
Posted on 10/9/24 at 9:21 am to
quote:

So they're trying to make it more unstable than it already is?



Irrelevant.

This is capitalism. The players have 100% control here because there is ZERO obligation to attend college for sports. The stupid NFL rule about not drafting out of high school would go bye bye quicker a blink of an eye if all the star players said in conjunction that they were not going to play college ball. The NFL only has that rule in place because college is essentially a free minor league for them.

The players hold ALL of the power here as they should considering they ARE the product being “sold”.
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
30165 posts
Posted on 10/9/24 at 9:22 am to
quote:

new binding document for school/athlete.


quote:

Kind of a nothing burger here


What?
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