7/23/2023 0 Comments Jeremy bloom![]() ![]() ![]() "If you can find a way to control the recruiting aspect, I'd be more comfortable with it," said Neinas. He says that will give some schools even more of an advantage. Neinas worries colleges will use endorsement deals as a recruiting tool. "We're entering into this new era of college athletics."Ĭhuck Neinas was Executive Director of the College Football Association when it sued the NCAA for the rights to television contracts. "I truly believe that the day of amateurism has ended," says Bloom. In a concurring opinion, he wrote, "Nowhere else in America can businesses get away with agreeing not to pay their workers a fair market rate on the theory that their product is defined by not paying their workers a fair market rate." Jeremy Bloom (credit: CBS) I mean, everyone is making billions and billions of dollars while keeping the kids on the playing field poor," says Bloom. "I just think the NCAA exploits student-athletes. Two analysts have reduced their price targets in as many days. “That ‘amateurism’ is a sham.The court ruling allows unlimited payments to student-athletes as long as they're education-related, but the court also made it clear, the NCAA is not above anti-trust laws, inviting more challenges to rules that allow the organization, coaches, and schools to make millions of dollars while athletes can't make a dime on their own name. Bloom Energy intends to offer at least 500 million in convertible notes. Former CU receiver and Olympic skier Jeremy Bloom celebrates NCAA NIL victory Jeremy Bloom was declared ineligible by the NCAA nearly 20 years ago due to NIL rules. “Look, the Supreme Court has sent a very clear message to the American people,” Bloom said. Or the underbelly of a system built upon the backs of unpaid or underpaid student labor. And I always knew that the NCAA would be on the wrong side of history. “For all the student-athletes, not just myself, (Monday was) another huge milestone in the right direction. Supreme Court 9, NCAA prez Mark Emmert 0? Bloom sued the racket in 2004 in order to maintain his CU football eligibility. ![]() NCAA rules allowed players to be paid professionally in one sport while competing as an amateur in another but forbade accepting endorsements. At least until he needed sponsorship money to subsidize the latter. For years, he was able to balance the two. The former Buffs return ace and wide receiver became a poster child years back for the legal judo the NCAA has used in the past in order to keep its metaphorical thumbs pressed against student-athlete compensation.īloom was a football letterman with the Buffs in 20 and a world-class skier with Olympic aspirations. You’ll forgive Bloom for doing a little victory lap this week. “That’s why I strongly believe the days of ‘amateurism’ are over.” Jeremy Bloom investigates the NCAA, the billion-dollar industry facing a seismic rules shift allowing athletes to make endorsement money. “And that’s why I think it was a great day for college athletics,” Bloom said. “Price-fixing labor is price-fixing labor … it is not clear how the NCAA can legally defend its remaining compensation rules … the NCAA is not above the law.” College presidents, athletic directors, coaches, conference commissioners, and NCAA executives take in six- and seven-figure salaries … “Those enormous sums of money flow to seemingly everyone except the student-athletes. “The bottom line is that the NCAA and its member colleges are suppressing the pay of student-athletes who collectively generate billions of dollars in revenues for colleges every year,” the latter wrote in a delightfully mordacious concurrence. Kavanaugh basically told them to go jump. The NCAA insisted it could hide behind the same antitrust shield, the same loopholes, that had kept the organization in the clear for decades. The juicy stuff was in the details, especially the blistering language from Justices Neil Gorsuch and Brett Kavanaugh. But that crack is spreading like crazy, and the water pressure building behind it could burst any day now. It was a small hammer blow that opened up a small crack in the dam. The high court sided 9-0 with athletes who contended that the NCAA can’t enforce rules limiting “education-related benefits”, such as paid internships and laptops. Digital Replica Edition Home Page Close Menu ![]()
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