Agent Josh Luchs spills beans on paying college athletes
It's no secret that agents like Josh Luchs have paid college athletes for some time. (Photo Credit: ThinkStock)

Don’t be shocked by the recent admission by former sports agent Josh Luchs that he paid college athletes. Sports insiders are quick to point out that elite-caliber college athletes have been taking money under the table for some time, largely without the NCAA’s notice. What Josh Luchs told Sports Illustrated is the tip of the iceberg.

Josh Luchs paid players and has no regrets

According to USA Today, John Luchs said that the NCAA and the NFL Player’s Association “should be working together with individual states” and universities to regulate how agents and amateur athletes interact. However, that doesn’t happen. Player representation is big business, and securing top players translates into major profit. Josh Luchs says he paid or gave gifts to players including Jonathan Ogden, Jamir Miller, Chris Mims and others.  Luchs says he “doesn’t regret anything.”

Should college players be paid?

The ongoing argument is whether amateur collegiate athletes should be paid to play. The Sports Digest writes while some believe that scholarships are enough, others recognize that elite student athletes generate millions in merchandising and gate revenue. This makes the argument that athletes and their families deserve a piece of the pie seem reasonable.

Universities are for-profit

Syracuse University finance professor Dr. Boyce Watkins is a firm believer in paying college athletes. He recently told Your Black World that NCAA March Madness makes “more money in advertising revenue for the NCAA and its universities than the World Series and the Super Bowl combined.” College coaches, who are paid millions at the elite NCAA Division I level, are retained if their teams win, not if their athletic program successfully graduates players.

Meanwhile, the NCAA perpetuates a system designed to control rather than protect amateur athletes, Watkins argues. Athletes and their families should benefit from the same multimillion-dollar endorsements that the NCAA and its universities do. Athletic departments may run in the red at all but the most elite athletic schools because of a lack of recruiting power and the obligation to fund sports that hemorrhage cash (thanks in part to Title IX), but that doesn’t mean the NCAA is broke. It’s a successful corporate cartel that restricts free competition.

Sources

The Sports Digest: http://thesportdigest.com/article/should-student-athletes-get-paid

USA Today article on Josh Luchs: http://content.usatoday.com/communities/campusrivalry/post/2010/10/ex-agent-josh-luchs-on-paying-college-players-im-not-sorry-that-i-helped-people/1?csp=34sports&utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+UsatodaycomCollegeFootball-TopStories+%28Sports+-+College+Football+-+Top+Stories%29&utm_content=Google+Feedfetcher

USA Today on college athletic programs: http://www.usatoday.com/sports/college/2008-05-16-financial-study_N.htm

Wikipedia entry on Title IX: http://en.wikipedia.org/wiki/Title_IX

Boyce Atkins on paying college athletes:

Post By bryanh (1,420 Posts)

Connect

Do you have a fantastic idea related to this article, but just don't have the money you need to start your own company or side-business? Get the loans you need from https://personalmoneynetwork.com to help get your new company underway, from the small loan professionals at PersonalMoneyNetwork.

PG&E to pay $70 million for pipeline tragedy

PG&E to pay $70 million for pipeline tragedy

Pacific Gas and Electric Co., a northern California utility, has agreed to pay $70 million to the California town of San Bruno for a pipeline explosion that killed eight people in 2010. Company says it’s remorseful The San Francisco-based power company’s president, Chris Johns, released a statement Monday, saying PG&E is sorry and eager to […]

Judge stabbed and deputy shot in Washington courthouse

Grays Harbor County Courthouse

Following a standoff in a Washington state county courtroom Friday, a man reportedly escaped after shooting a sheriff’s deputy in the shoulder and stabbing a judge in the neck. The man is still at large. Treachery among the tree farms The incident occurred Friday afternoon in the western Washington town of Montesano, which bills itself […]

Microraptor was one flashy little dinosaur

Microraptor fossil

A team of Chinese and American scientists have found that Microraptor, a small four winged dinosaur that went extinct about 130 million years ago, was likely black and almost certainly had glossy, iridescent feathers. Until now, the coloring of extinct creatures was a matter of pure speculation. That may no longer be the case. The […]

Autocorrected message leads to school lockdown

Homage to the Sun

Adjacent schools in Georgia were locked down for two hours Wednesday after a text message reportedly warned of a “gunman” on campus. Later, it was learned that the message was the result of a smartphone autocorrect function, attempting to “fix” the misspelled slang word “gunna.” A series of mixups A series of mixups led to […]