Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Author: Scarinci Hollenbeck, LLC
Date: February 26, 2014
The Firm
201-896-4100 info@sh-law.comIn recent years, college athletes being paid to play has become a major topic of conversation. In fact, I have been asked to speak on this issue at a number of recent events. One of the biggest discussions is expected to be on whether or not NCAA athletes should be paid or compensated for play. With the amount of money made by some athletic programs – USA Today reported the University of Texas brought in $163.3 million in 2011-12 – it would seem like a no brainer – but nothing is ever that easy.
For one, critics of pay-for-play claim that athletes already receive priceless compensation in return for their services – a free education. Leaving school without any student loan debt is certainly desirable, but what happens if a basketball player who was expected to be drafted in the first round gets hurt during the year in which he is required to play in college before jumping to the NBA?
Sure, that player can get insurance while in school, but they have to pay for that policy themselves and it isn’t guaranteed to cover the potential of lost wages. A good first step could be for the NCAA to offer these policies free of charge so there is some protection in place for start athletes while participating in amateur athletics.
Perhaps the biggest issue facing pay-for-play is Title IX, which explicitly states that schools receiving federal funds need to provide females with equal opportunity to compete in sports. So, how does this impact paying college athletes? Essentially, it means that if you are going to pay someone like Johnny Manziel, you also have to compensate a second stringer on the women’s lacrosse team.
The NCAA seems adamant about not paying athletes no matter what, but I don’t think this will be the last we hear about pay-for-play.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
The Trump Administration’s new tariffs are having an oversized impact on small businesses, which already tend to operate on razor thin margins. Many businesses have been forced to raise prices, find new suppliers, lay off staff, and delay growth plans. For businesses facing even more dire financial circumstances, there are additional tariff response options, including […]
Author: Brian D. Spector
Business partnerships, much like marriages, function exceptionally well when partners are aligned but can become challenging when disagreements arise. Partnership disputes often stem from conflicts over business strategy, financial management, and unclear role definitions among partners. Understanding Business Partnership Conflicts Partnership conflicts place significant stress on businesses, making proactive measures essential. Partnerships should establish detailed […]
Author: Christopher D. Warren
*** The original article was featured on Bloomberg Tax, April 28, 2025 — As a tax attorney who spends much of my time helping people and companies who have large, unresolved issues with the IRS or one or more state tax departments, it often occurs to me that the best service that I can provide […]
Author: Scott H. Novak
On January 28, 2025, the Trump Administration terminated Gwynne Wilcox from her position as a Member of the National Labor Relations Board (NLRB or the Board). Gwynne Wilcox, a union side lawyer for Levy Ratner, was confirmed to the Board for an original term in 2021 and confirmed again for a successive five-year term expiring […]
Author: Matthew F. Mimnaugh
Breach of contract disputes are the most common type of business litigation. Therefore, nearly all New York and New Jersey businesses will likely have to deal with a contract dispute at least once. Understanding when to file a breach of contract lawsuit and how long you have to sue for breach of contract is essential […]
Author: Brittany P. Tarabour
Closing your business can be a difficult and challenging task. For corporations, the process includes formal approval of the dissolution, winding up operations, resolving tax liabilities, and filing all required paperwork. Whether you need to understand how to dissolve a corporation in New York or New Jersey, it’s imperative to take all of the proper […]
Author: Christopher D. Warren
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!