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Sustainable Collective Fund - 3% Club
Posted on 8/23/25 at 12:35 pm
Posted on 8/23/25 at 12:35 pm
Idea - Former LSU athletes donate 3% of their future pro salaries to current players of their sport.
Former LSU players sign up as agreement for taking from the collective during their time here at LSU to donate as tax deductible 3% to the current athletes in their sport.
Makes the sport self sustained and benefits everyone on some level.
Athletes in the 3% Club are recognized by the university for their contributions.
Would add up to about 9 million this year from the NFL salaries. Not sure what MLB/NBA/etc. would look like.
Former LSU players sign up as agreement for taking from the collective during their time here at LSU to donate as tax deductible 3% to the current athletes in their sport.
Makes the sport self sustained and benefits everyone on some level.
Athletes in the 3% Club are recognized by the university for their contributions.
Would add up to about 9 million this year from the NFL salaries. Not sure what MLB/NBA/etc. would look like.
5
Posted on 8/23/25 at 12:42 pm to chucknorris89
Lol we could quit paying amateurs
This post was edited on 8/23/25 at 12:43 pm
Posted on 8/23/25 at 12:47 pm to thelawnwranglers
Not going to happen. Let’s face it that most of these guys are no longer amateur by definition. The step of the University being able to pay directly out to the players cemented their professional status. Amateurs are only the guys who aren’t being paid.
Posted on 8/23/25 at 12:48 pm to chucknorris89
How about we just go back to players being gratful for getting to go to college for FREE to play a SPORT! Bunch of ungratful entitleld babies out there! Why dont they get therw NIL money and distribute it equaly among the students that dont play sports and dont have full scholarships??? Bet they wouldnt like that idea when the shoe is on the other foot!
Posted on 8/23/25 at 12:53 pm to lsubatman1
Money is created by their entertainment value whether you like it or not. As soon as people pay big money to watch organic chem lab performances, they can make their own sustainable collective.
What I’m suggesting is taking the burden off of non-athletic alumni and make the program self sustained. What would be the problem with this? Believe it or not, the university makes money off of the football program.
What I’m suggesting is taking the burden off of non-athletic alumni and make the program self sustained. What would be the problem with this? Believe it or not, the university makes money off of the football program.
Posted on 8/23/25 at 12:59 pm to chucknorris89
The LSU Ath Dept. has an abundance of revenues. They just have o balance the budget.
To do that they need to keep figuring out how to increase revenues, and how they can cut expenses.
Smaller schools have a bigger problem, but it has always been that way.
To do that they need to keep figuring out how to increase revenues, and how they can cut expenses.
Smaller schools have a bigger problem, but it has always been that way.
Posted on 8/23/25 at 2:14 pm to chucknorris89
I think it's a great idea, but do you really think these players would be selfless enough to do that. Burrow would be donating near $1.5-2 mil I think.
Everyone online says "If I were rich, I'd donate a lot to charity." But why do most rich people not do that then?
Everyone online says "If I were rich, I'd donate a lot to charity." But why do most rich people not do that then?
This post was edited on 8/23/25 at 2:15 pm
Posted on 8/23/25 at 2:22 pm to chucknorris89
Better them than me.
Posted on 8/23/25 at 2:35 pm to thelawnwranglers
quote:
Lol we could quit paying amateurs
You could. Just don’t bitch when LSU is the worst program in major college sports.
If there is a market for your services you aren’t an “amateur”.
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