JDP
Masters Student
Posts: 581
Reg: 11-23-04
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03-29-24 09:47 PM - Post#366724
In response to gokinsmen
The Ivy freshman team requirement is often cited as the reason Gene Banks went to Duke over Penn in 1977 – because basketball players do want to play basketball – and Quakers fans wonder just how good those team could have been.
If you have a high school student athlete who was very sure they wanted to earn a graduate degree directly after undergrad and wanted to avoid paying the higher grad school costs, then I could see a scheme where the player “redshirted” as a freshman, played three years and then used both their basketball skills and Ivy degree to gain entrance into their desired graduate school. How many kids fit this mold? And I am also not sure the Ivy League rules allows a player to “redshirt” for other than medical reasons. – so not sure how a self imposed “redshirt” year would impact the 4 athletic years over 5 academic years.
Nor do I believe it would help the outflow from the Ivies with effectively $0 NIL, or any school, when a player is offered a higher NIL by another school at the end of every year.
As many have mentioned, the practical reality of current Ivy need based aid is that the after-tax revenue a student-athlete earns goes $ for $ to reduce financial aid. Same with third-party scholarships. If you do not think you will earn more than your financial aid award, why expend the energy?. Not sure why there is no sharing of the benefit, there is little incentive for the student with a lot of financial aid to lift a finger to earn more money.
But if Princeton can exclude a family’s “primary vacation housing” as an asset, no legal reason preventing a school from excluding NIL income as an asset in the financial aid formula, or only count part. The 1992 ish era financial aid collusion ruling would certainly prohibit the Ivy League from dictating a conference level rule on how to calculate financial aid. So the issue of NIL in the financial aid formula is solvable at the institutional level, the institution just has to want to provide the NIL benefit to its student athletes.
Edited by JDP on 03-29-24 09:53 PM. Reason for edit: No reason given.
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