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| NCAA player | Jim O’Fallon |
Not only does the NCAA prevent college players from getting paid for their labor or from use of their sports images even after they leave college, and keep them from hiring agents to represent their interests, it even prevents them from borrowing against their own future earnings:
“Loans to a student-athlete based on his or her potential future earnings as a pro athlete are not allowed by the NCAA, except to pay for disability insurance on those future earnings.”
How can this be legal in a free country? Does anyone believe the NCAA and its Committee on Infractions could get away with this if the revenue sports players were from rich white families with political connections?
Ask UO law professor emeritus James O’Fallon, to the right. UO pays him $90,000 a year plus expenses to enforce the NCAA’s rules. The Infractions Committee he sits on will soon be judging the case involving the gentleman on the left. Dan Wetzel story here. 9/7/2012.
It’s simple: The NCAA is preventing loan sharks from taking advantage of the naive young players by having the naive young players sign away their rights to the NCAA, which has their best interests at heart. Really.
So the NCAA in turn trades on the value of those young players, pocketing all of it and leaving nothing for the players.