Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Oregon Basketball Players Suspended For Selling Shoes
Author: Scarinci Hollenbeck, LLC
Date: November 11, 2013
Key Contacts
Back
Amateur athletes are not able to profit from their likenesses until they leave school upon graduation for a professional league’s draft. Two University of Oregon basketball players recently violated this sports law when they sold shoes provided to them by the school.
Sophomores Dominic Artis and Ben Carter were both suspended, and could miss from nine to 12 games for the violation. The money the players made from the shoe sale will need to be donated to charity.
“Ben and Dominic are two good young men who made a poor decision that was against NCAA rules,” said Oregon coach Dana Altman. “I feel that both regret their decisions and the impact that it has on their teammates and our university.”
This situation once again brings to the forefront one of the biggest issues in amateur athletics – should players be paid? With major sports such as football and basketball bringing in so much money for colleges and universities, the argument could be made that players deserve a cut.
For example, the University of Texas football team generated $104.5 million in the 2011 to 2012 academic year, according to Business Insider. As a whole, the athletic department brought in $163.3 million.
Critics of pay-to-play models argue that college athletes are already receiving a free education – valued at hundreds of thousands of dollars in most situations . Additionally, it would be difficult to come up with a system of how to pay players of different skill levels. For instance, would Johnny Manziel make more than the offensive linemen who block for him during every game?
There is one certainty – fewer college athletes would be suspended each year if they were allowed to be paid. But, then there would be an added worry of sports agents attempting to take advantage of these young men and women by providing them with funds to sign a contract with their agency.
- Industries: Entertainment & Media
- Locations: Red Bank, NJ, New York City, Little Falls, NJ
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Related Posts
See all
A Whistleblower Just Filed a Complaint Against Your Company: Here's What to Do Now
Few situations create more uncertainty than learning that an employee has filed a whistleblower complaint. Questions arise immediately: Is the allegation legitimate? Should the employee be placed on leave? Do we need to notify our insurance carrier? Are we now prevented from disciplining the employee if there are unrelated ongoing work related issues? There is […]
Author: Sean M. Pena
Assignment for the Benefit of Creditors: An Alternative to Bankruptcy for Distressed Businesses
When a business reaches the point where it can no longer service its debts or otherwise resolve its liabilities, management is often faced with a difficult question: is a bankruptcy filing necessary or is there another way to perform an orderly liquidation or sale of the business assets? While Chapters 7 and 11 of the […]
Author: John D. Giampolo
Breaking Down New Jersey’s “Mansion” Tax: What Buyers and Sellers Need to Know
For many years, the New Jersey Mansion Tax has been a significant consideration in high-value real estate transactions. Recent legislative changes, however, have substantially altered how the tax operates, including who is responsible for paying it and the amount owed in certain transactions. Whether you are purchasing, selling, or investing in New Jersey real estate, […]
Author: George McGowan
Estate Planning for Digital Assets Under New Jersey Law
As our personal and financial lives increasingly move online, estate planning must evolve to address a new category of property: digital assets. From email accounts and social media profiles to cryptocurrency and cloud-stored business records, these assets often carry both financial and sentimental value. Yet, without proper planning, they can become inaccessible—or even lost—upon incapacity […]
Author: Marc J. Comer
The Role of Representation and Warranty Insurance in M&A Transactions
In today’s mergers and acquisitions market, representation and warranty (R&W) insurance has become a common feature of deal negotiations. Once used primarily in larger transactions, R&W insurance is now frequently incorporated into middle-market deals as buyers and sellers look for efficient ways to allocate risk and close deals. When structured properly, R&W insurance can help […]
Author: George McGowan
You Just Received a Federal Grand Jury Subpoena in New Jersey: Now What?
Receiving a federal grand jury subpoena is not something most businesses or individuals anticipate. While it can be concerning, a federal grand jury subpoena does not necessarily mean that you are being accused of wrongdoing. It does, however, mean that a federal criminal investigation is underway and that federal prosecutors believe you may possess information […]
Author: Sean M. Pena
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Sign up to get the latest from our attorneys!
Explore What Matters Most to You.
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.