Slaton10
Well-Known Member
Rivals.com Football Recruiting - Rivals.com Recruiting Glossary
National Letter of Intent: (Sometimes abbreviated as NLI or LOI) A binding agreement between a prospective student-athlete and an institution in which the institution agrees to provide a prospective student-athlete who is admitted to the institution and is eligible for financial aid under NCAA rules athletics aid for one academic year in exchange for the prospect's agreement to attend the institution for one academic year. All colleges and universities that participate in the NLI program agree not to recruit a prospective student-athlete once he/she signs an NLI with another college or university. Therefore, a prospective student-athlete who signs an NLI should no longer receive recruiting contacts and calls and is ensured an athletic scholarship for one academic year. The NLI must be accompanied by an institutional financial aid agreement. College coaches are not permitted to comment publicly about prospects until they sign a letter of intent
This is a hot button for me....The Student Athlete on Scholarship is a total Sham...this used to be a common argument on the CBS site whether you were for or against kids being paid...the OLD TIMERS and those with their eyes closed say well they are having their college education paid for...really??? at the end of the day really isn't true...
They are in a barter agreement with the school they attend...no monies internally change hands..if they do its monies going from one pocket to the other...total bullshit...
College athletics is now over a $65 BILLION Dollar enterprise....HC's making seven figures with their assistants not too far behind them.... Coach's and Schools also recieive monies from endorsement deals to video games ...all at the exploitation of 18 to 21 year old kids......
What business does anyone know exists in the United States that generates that kind of revenue and doesn't pay it's employee's?!?....
And then has the ball's to make these NLOI a year by year contract...and that they can't really work a job that pay's them..and when would they have time really...between class...practice and off season conditioning....
And if the kid gets hurt and its a career ender...then what?...sure insurance takes care of it..maybe...but the scholarship is gone..................