from Amazon
Tuesday, May 27, 2008
Make pro athletes return their scholarships
I like the idea. This is along the same lines as that minor league player who sells 4% of his future earnings for a fixed price today. If he makes the big time, you get your cut.
Scholarships (for athletes) could work in a similar spirit. Either you make it a straight refund of the scholarship for any player earning a full year of salary in MLB, NHL, NFL, NBA, MLS. Or, get colleges to bid on athletes. “Hey, Alex, come to college, we’ll give you a scholarship, and since you are so good, we’ll only ask for 1% of your future earnings until you are 25.” Or, also allow the inclusion of payments, like giving him 100,000$ to play for your college team. Something, anything, that shows that NCAA is a business, and not slave owners of athletes under the guise of an educational system. In hockey, junior clubs (filled with high school and college-level players) are not affiliated to any schools.
The floor is yours. What kind of a business system can you create with high school and college players?