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Author: Scarinci Hollenbeck, LLC
Date: January 24, 2014
The Firm
201-896-4100 info@sh-law.comThis brings up the discussion of whether or not it is fair to athletes that the NCAA prevents college athletes from turning pro to earn money, as they also can’t profit while still in school. The place to start in this conversation is what athletes need to do in order to be eligible for professional leagues – it differs from sport to sport.
It wasn’t always this way though – at least in basketball. In the past, high school players weren’t required to go to college. For example, LeBron James was drafted directly from St. Vincent-St. Mary’s in 2003.
There is a chance these rules will be changed in the future for college athletes, but what can college athletes do to protect themselves in the meantime? One of the best options is to secure an insurance policy. Athletes should seek the assistance of a sports attorney to ensure the policy meets their needs. Before this college football season, Louisville quarterback Teddy Bridgewater took out a $10 million insurance policy to protect against injury and future lost earnings.
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