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re: A question for recruitniks
Posted on 2/11/10 at 10:28 am to choupiquesushi
Posted on 2/11/10 at 10:28 am to choupiquesushi
Current rules for professional athletes:
The Cubs paid the first 3 years for Mauck. I'm pretty sure he was on scholarship his last year though.
quote:
15.3.1.4 Institutional Financial Aid to Professional Athlete. It is permissible to award institutional financial aid to a student-athlete who is under contract to or currently receiving compensation from a professional sports organization in the same sport, provided the student-athlete has completed his or her four seasons of competition, the student-athlete receives no more than five years of unearned aid and such aid is received within six years after initial collegiate enrollment. A professional athlete in one sport may represent a member institution in a different sport and may receive institutional financial assistance in the second sport. (Revised: 8/11/98, 4/26/01, 4/27/06 effective 8/1/06)
15.3.1.4.1 Exception for Former Professional Athlete in the Same Sport. A former professional
athlete may receive institutional financial aid in the same sport, provided the following conditions are met: (Revised: 4/27/06 effective 8/1/06)
(a) The student-athlete no longer is involved in professional athletics;
(b) The student-athlete is not receiving any remuneration from a professional sports organization; and
(c) The student-athlete has no active contractual relationship with any professional athletics team, although the student-athlete may remain bound by an option clause [a clause in the contract that requires assignment to a particular team if the student-athlete’s professional athletics career is resumed, as opposed to a clause that suspends the contractual relationship only for a specified period of time (e.g., during the academic year while the professional athletics team is not competing) and permits the contractual relationship to be reinstated by the student-athlete or the professional athletics team or organization]. (Revised: 2/16/00)
The Cubs paid the first 3 years for Mauck. I'm pretty sure he was on scholarship his last year though.
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