Thoughts from the New York Law School Sports Law Symposium

On Friday I attended the New York Law School Sports Law Symposium.  Congratulations and thanks to Elliot Solop and the members of  the Sports Law Society, who organized an excellent event.

Here a few thoughts from the symposium:

  • The NBA lockout doesn’t garner the same level of interest as the NFL lockout did, which doesn’t bode well for a prolonged absence of NBA games.
  • O’Bannon v. NCAA continues to be a hot topic.  Some believe that, if the O’Bannon class is victorious, distributing the profits from video games and other media rights will be too difficult.  I don’t believe it.  With billions of dollars at stake, there are smart people who can figure this out.  After all, the players’ unions have devised a system to distribute licensing proceeds at the professional level.  The system might be imperfect, but has to be better than the current system which is broken.
  • People seem more concerned than I imagined that the NCAA’s $2,000 stipend allowance is a slippery slope towards pay for play.  I don’t see it that way – the true cost of attendance provides a logical cap.
  • One of most thoughtful comments of the day came from a panelist discussing the NCAA’s $2,000 stipend.  The panelist said that financial aid offices should be figuring out true cost of attendance, not coaches or conference commissioners.

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